[Web] Amiga Inc. is in danger of insolvency and the Amiga brand again faces uncertainty. | ANN.lu |
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Amiga Inc. is in danger of insolvency and the Amiga brand again faces uncertainty. : Comment 96 of 120 | ANN.lu |
Posted by smithy on 24-Sep-2003 15:09 GMT | I thought the article was very fair and offers a summary of events of the last few years in one place.
There was one part of the article that I don't think was quite true though - the part about the Amiga Inc IPO. This is going from memory, because the pages (along with other interesting stuff) seems to have been removed from Amiga Inc's website.
As I remember it, Amiga Inc offered people in the Amiga community the chance to own a piece of Amiga Inc. There was no mention of floating the company on any stock exchange. Publicly advertising shares in a private company is illegal and I believe Amiga Inc were fined for it. Of course, maybe the IPO was a seperate incident.
The history of Amiga Inc is quite interesting - I suspect the only way this damned company will make any money is for them to write a book with the whole sorry truth in it. That's what the founder of (now bankrupt) dot-com company Boo did, in the book Boo Hoo. Very interesting read, btw. |
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