| Posted on 17-Nov-2003 19:18 GMT by bbrv | 161 comments
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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 47 of 161 | ANN.lu |
| Posted by gary_c on 18-Nov-2003 06:58 GMT | In reply to Comment 45 (DaveP):
DaveP wrote:
> RVBB coming on here and informing everyone of what had gone on was a good move, it allowed them, if they wanted, to set the spin on the story from the very start.
It's an accepted practice in business and politics, etc., if there's potentially controversial news or something that's apt to be misunderstood or misportrayed, to deliver the news yourself rather than go into quiet mode and let everyone else interpret the news to themselves and each other. From a cynical view this is putting the first spin on the story; but it's also being upfront about things.
> The subjective part, played by the usual suspects, is what makes this guy suspect that it might not all be a bed of roses.
I don't know why the fact that Genesi staff or Pegasos users or whoever chimed in would make the initial post any less credible. As far as I know they're just speaking based on what they know, or giving a personal opinion. There's no prearranged PR effort here as far as I know. Is it conspiracy theory time once again? ;-)
> Flip the coin over, put the cast of characters that you clearly despise in the
same position. What do you think now?
It's pretty much impossible to simply slip those characters into this position because the contexts (both external circumstances and the self-created situations/dilemmas) are so different. *If* that "cast of characters" *didn't* have a history of deception and obfuscation, and released information like bbrv's post here, then I'd be inclined to take it at face value, too.
-- gary_c |
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