Posted on 17-Nov-2003 19:18 GMT by bbrv | 161 comments View flat View list |
At today's hearing of the Tribunal of Commerce in Paris a judgment was rendered declaring Pretory, S.A. in bankruptcy and appointing a receiver. The process finally will now begin to transfer Thendic-France's assets to Genesi SARL.
Our situation with Pretory S.A. has been a long and difficult one. In all matters we have cooperated with the French Government and agreed to close the Company in a coordinated and proper manner. Time will demonstrate that we have behaved properly and legally in all respects as shareholders and managers.
In no way will these matters effect Genesi. Finally, we are personally free to devote the time and resources we want to the Genesi.
Sincerely,
Raquel and Bill
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Thendic-France : Comment 19 of 161 | ANN.lu |
Posted by Anonymous on 17-Nov-2003 20:17 GMT | In reply to Comment 18 (Darth_X): Sure, here are my complete thoughts on the matter:
1. Amiga Inc had a contract with Thendic France to port the DE to their devices
2. Bill Buck stages a corporate coup and fires all the leadership
3. Next appoints a bunch of losers who can't tell their balance sheets from their clutch plates as replacements
4. Company collapses, all assets and IP go to Bill Buck's company
5. Bill Buck uses what it got from Thendic to use the courts to force Amiga Inc to do a port of DE
6. Amiga Inc spends a lot of money doing this
7. Bill Buck refuses to buy the DE, says that technology has moved on
8. Amiga Inc finally collapses
9. Genesi buys Amiga inc's assets in the fire sale and becomes the new amiga inc
Have I missed anything? |
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