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 64 of 161 | ANN.lu |
Posted by Neko on 18-Nov-2003 10:36 GMT | In reply to Comment 36 (Oppressor): @Oppressor:
Thendic aren't going bankrupt, they're being transferred to Genesi. Pretory is
going bankrupt, I might add voluntarily. BIG difference.
@Comment 38 (Anonymous (207.46.228.14)):
Genesi isn't affected in the slightest by this, certainly not in any capacity
of damage control, and only slightly by owning Thendic-France instead of
simply using their staff and offices. Genesi's upper management are busy doing
Genesi stuff which is exactly how it should be.
It's fun to see the Amiga zealots jump in and try and make out that Genesi is
in as much trouble as Amiga, and in admitting that another company of bbrv's
has gone down the pan somehow makes them untrustworthy and sneaky.
Genesi has plenty of distance between it and Pretory, and neither company is
deceiving users with t-shirt campaigns or propaganda newsletters with a $50
subscription cost, or making last-ditch deals with Microsoft (of all people!)
in contradiction to rousing speeches made in years past. Genesi is not being
sued for breach of contract, and is not $2m in debt with only $100 in the
bank account. They have offices around the world (you can go and visit them if
you like!) and attend nearly every show going, and even create their own.
How is Genesi in trouble, then, and how are our wonderful bosses somehow
evil slime? :)
=Neko= |
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