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[News] Amiga Inc. Has Sold AmigaOS RightsANN.lu
Posted on 16-Mar-2004 01:11 GMT by Anonymouse124 comments
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Amiga Inc. Has Sold AmigaOS Rights : Comment 51 of 124ANN.lu
Posted by the man in the shadows on 16-Mar-2004 05:08 GMT
In reply to Comment 50 (Graham_nli):
Insert :pint: here!
Amiga Inc. Has Sold AmigaOS Rights : Comment 52 of 124ANN.lu
Posted by EyeAm on 16-Mar-2004 05:09 GMT
It is on their site...

http://amiga.com/corporate/150304-amigaos_sale.shtml?PHPSESSID=bcb4b1216775b22db3506135f229e142

Oh well. Good thing my plans for an OS never stopped.

Laters

--EyeAm
Amiga Inc. Has Sold AmigaOS Rights : Comment 53 of 124ANN.lu
Posted by T_Bone on 16-Mar-2004 05:14 GMT
In reply to Comment 26 (Graham_nli):
" BBRV clearly got a sniff of something last year, no-one ever doubted that. He probably heard "CEO" along the way. However the business card thing was clearly a fake. Quite disingeneous of him, or whoever made it up,"

Jesus Christ.

Amiga ADMITTED that at that time Garry Hare was working for Amiga. Of course the card wasn't fake, he was showing it in PUBLIC as many AmigaDE covention attendees can verify. As we all know, Amiga lied again, the whole Garry Hare thing was a cover up. It's funny that even as this stuff comes out, people are STILL willing to make up "best case scenario" type hypothesis to claim Amiga didn't lie.
Amiga Inc. Has Sold AmigaOS Rights : Comment 54 of 124ANN.lu
Posted by T_Bone on 16-Mar-2004 05:15 GMT
In reply to Comment 52 (EyeAm):
> Oh well. Good thing my plans for an OS never stopped.

But have they started? ;)
Amiga Inc. Has Sold AmigaOS Rights : Comment 55 of 124ANN.lu
Posted by gary_c on 16-Mar-2004 05:23 GMT
In reply to Comment 48 (Graham_nli):
Especially when they win the court case against Thendic now they have the backing of KMOS and the money to fight.

Uh, FYI, Thendic/Genesi already won the case. What's in consideration now is interpretation of what was meant when their agreement was signed. KMOS would want to fund a court fight to win something they were led to believe they already bought? KMOS isn't "backing" Amiga, Inc. They simply bought the IP from them, or at least that's what the press release says. If Genesi doesn't convince the court that Bill McEwen meant what he said about the AmigaDE roadmap, then KMOS may in fact have a clear claim on AOS, but the water seems to be very muddy now, and we'll have to see how things look when it clears up.

It quite ruins his plans for getting control of Amiga, AmigaOS, etc.

If things pan out, but there's something fishy going on IMHO, with McEwen making no mention of this deal when under oath in court. Anyway, Genesi might be able to work with KMOS and get the results it wanted; it seems Garry Hare is more keen to do business than the old management was.

BTW, EyeAm, nobody needs to try to "sink" Amiga, Inc. anymore, if they ever did. Apparently they've taken themselves out of the desktop OS market for good with this sale. Better check the stars for KMOS as soon as possible.

-- gary_c
Amiga Inc. Has Sold AmigaOS Rights : Comment 56 of 124ANN.lu
Posted by Graham_nli on 16-Mar-2004 05:37 GMT
In reply to Comment 55 (gary_c):
The case is won. Bill Buck has won the right ... to get AmigaDE ported to a Windows CE handheld that will be made by Thendic! This is what the latest court documentation is all about.

lol. Poor Bill. No intent. No AmigaOS. No Nothing. Except a good chance of a charge of perjury.
Amiga Inc. Has Sold AmigaOS Rights : Comment 57 of 124ANN.lu
Posted by Anonymous on 16-Mar-2004 05:49 GMT
In reply to Comment 56 (Graham_nli):
> Poor Bill. No intent. No AmigaOS. No Nothing. Except a good chance of a charge of perjury.

I think you shouldn't laugh to hard here. It's not sure whether this deal was legal or not. Regardless if it's sold to KMOS or not the court decision is clear. AmigaINC has to hand out all informations to Genesi and this decision has been made before this farce happened.
Amiga Inc. Has Sold AmigaOS Rights : Comment 58 of 124ANN.lu
Posted by Graham_nli on 16-Mar-2004 05:53 GMT
In reply to Comment 57 (Anonymous):
Only in accordance to the original agreement. That would require Genesi to send the details of the hardware to Amiga Inc first.

Read the court documents. They are quite interesting.
Amiga Inc. Has Sold AmigaOS Rights : Comment 59 of 124ANN.lu
Posted by Anonymous on 16-Mar-2004 06:01 GMT
In reply to Comment 58 (Graham_nli):
> Read the court documents.

Maybe you have missed the past couple of weeks but the court already has decided in favor to GENESI. So who cares if they use it for a coffeemachine or a vibrator. Decision has been made already. No need to start this farce over again.
Amiga Inc. Has Sold AmigaOS Rights : Comment 60 of 124ANN.lu
Posted by Mikey_C on 16-Mar-2004 06:09 GMT
In reply to Comment 59 (Anonymous):
Well, Amiga have filed documents to the court under their right to Appeal (I believe) so the Genesi win may be only temporary.

As to OS4 and Amiga keeping quiet, the court case was over Amiga DE not AmigaOS, so why should Amiga file anything over AOS?

Mikey C
Amiga Inc. Has Sold AmigaOS Rights : Comment 61 of 124ANN.lu
Posted by Graham_nli on 16-Mar-2004 06:11 GMT
In reply to Comment 59 (Anonymous):
I thought these declarations were being done as an appeal - Amiga Inc. had one month to respond, and they have - so everything could be overturned (and judging from the evidence, this is quite likely).
Amiga Inc. Has Sold AmigaOS Rights : Comment 62 of 124ANN.lu
Posted by Anonymous on 16-Mar-2004 06:16 GMT
Don't you people feel a bit strange now ? For me this is a clear sign that AmigaINC had no interests in the Amiga community at all (or lost interest long ago) now they sold the entire technology - which I interpret like they dropped the entire Amiga community. Basicly they just have shown their true face in the public. They simply said 'kiss our arse' to you people and yet you back them with all you have. You even see it as a huge benefit. Sorry this world can't get wronger than it goes now.
Amiga Inc. Has Sold AmigaOS Rights : Comment 63 of 124ANN.lu
Posted by Graham_nli on 16-Mar-2004 06:17 GMT
In reply to Comment 62 (Anonymous):
It looks like AmigaOS was ripped from them by a company set up by their investors, including Garry Hare, so that Amiga Inc. would get on and do what the investors wanted them to do - namely work on AmigaDE, not AmigaOS!
Amiga Inc. Has Sold AmigaOS Rights : Comment 64 of 124ANN.lu
Posted by Mikey_C on 16-Mar-2004 06:18 GMT
In reply to Comment 62 (Anonymous):
Yet another person who is out to try and paint things negatively

KMOS have cash and Garry Hare is a well connected Business man he was President of Philips Multimedia Europe, founder and CEO of Fathom Pictures etc etc,

This guy has a great pedigree, why should we be upset? They have done AOS a favour!

Mikey C
Amiga Inc. Has Sold AmigaOS Rights : Comment 65 of 124ANN.lu
Posted by the man in the shadows on 16-Mar-2004 06:18 GMT
In reply to Comment 59 (Anonymous):
I'd like to appeal your decision in that matter which states there's "no need to start this farce over."

Law 101 - Any decision made by a court of law can be appealed. An appeal is a legal proceeding by which a case is brought before a higher court for review of the decision of a lower court. Regardless of who has already won, it is allowed to be reopened within an alotted criteria. A motion for summary judgement made by Judge Lasnik was entered on the 20th of Feb, Amiga Inc had a 30 day period to file any appeal of the decisions made. The latest filing is the appeal. Welcome to the legal system. How did you think Microsoft won the case which kept them as one company rather than split?

I don't care who wins or loses TBH, as long as the community comes out on top.
Amiga Inc. Has Sold AmigaOS Rights : Comment 66 of 124ANN.lu
Posted by Kjetil on 16-Mar-2004 06:42 GMT
It’s smart move by AmigInc to sell AmigaOS4.0 while it’s showing it possibilities, think Kmos sounds familiar, just hope they can keep the Amiga name; for me it’s about market recognition, equally to a well designed product, I my self where hopping for Hyperion.
Amiga Inc. Has Sold AmigaOS Rights : Comment 67 of 124ANN.lu
Posted by Jupp3 on 16-Mar-2004 06:48 GMT
In reply to Comment 60 (Mikey_C):
>As to OS4 and Amiga keeping quiet, the court case was over Amiga DE not AmigaOS, so why should Amiga file anything over AOS?

Not only the newest court case, but also the earlier ones, they've been asked for information on company's financial status many times...

And didn't they say, that they "will have some investors really soon, but can't mention them by name", maybe they meant KMOS?
Amiga Inc. Has Sold AmigaOS Rights : Comment 68 of 124ANN.lu
Posted by gary_c on 16-Mar-2004 06:55 GMT
In reply to Comment 63 (Graham_nli):
It looks like AmigaOS was ripped from them by a company set up by their investors, including Garry Hare, so that Amiga Inc. would get on and do what the investors wanted them to do - namely work on AmigaDE, not AmigaOS!

It's not like AmigaOS was getting in the way of AmigaDE development and promotion by AI anyway, as a practical matter. They already contracted it out to Hyperion so it really wasn't a distraction, apart from tangential activity like Fleecy's on-line sessions and Ray's server management. But, OK, if AI can go on now and do AmigaDE things with full focus, more power to them. But it's hard to believe this sale was lucrative enough to both pay off all the past debts and fund further AmigaDE development, and it's hard to imagine that the investors would still have confidense in AI management or AmigaDE potential at this point.

But let's hope for the best.

-- gary_c
Amiga Inc. Has Sold AmigaOS Rights : Comment 69 of 124ANN.lu
Posted by gary_c on 16-Mar-2004 07:00 GMT
In reply to Comment 67 (Jupp3):
And didn't they say, that they "will have some investors really soon, but can't mention them by name", maybe they meant KMOS?

But can this information be withheld from the court when the investigation concerns AI's assets? Some of those statements were made *after* the April 2003 sale of AOS, at a time when McEwen talked about AI having only $100 in the bank. This is getting really interesting. :-) (And, yeah, the Thendic suit response, too -- bring on the popcorn!)

-- gary_c
Amiga Inc. Has Sold AmigaOS Rights : Comment 70 of 124ANN.lu
Posted by Darrin on 16-Mar-2004 07:03 GMT
In reply to Comment 68 (gary_c):
>But let's hope for the best.

Insults and differences of opinions thrown to one side for a moment, on this I totally agree with you.
Amiga Inc. Has Sold AmigaOS Rights : Comment 71 of 124ANN.lu
Posted by Eva on 16-Mar-2004 07:06 GMT
In reply to Comment 11 (Atheist2):
Posted by Atheist2 (24.83.209.186) on 16-Mar-2004 01:52:06
In Reply to Comment 6 (gary_c):
> I wonder how the judge will react to the apparent deception.

It's a funny thing how perception works, because that is EXACTLY what I know your friend bbrv is FULL of!


AmigaOne! AOS4.0! New lease on life!!!!
___________________-

Pathetic. You contonue to post this stupid and pathetic end post from 2001. ARe you payed by B hermann? LOL
Or you are too mentally blind to see the reality.

AmigaOne + AmigaOs4: the vapour is in the air.
Amiga Inc. Has Sold AmigaOS Rights : Comment 72 of 124ANN.lu
Posted by Mikey_C on 16-Mar-2004 07:08 GMT
In reply to Comment 71 (Eva):
The only thing up in the Air Eva, is your brain

Sheesh what a nut job.

Mikey C
Amiga Inc. Has Sold AmigaOS Rights : Comment 73 of 124ANN.lu
Posted by EyeAm on 16-Mar-2004 07:12 GMT
In reply to Comment 54 (T_Bone):
YES.

--EyeAm
Amiga Inc. Has Sold AmigaOS Rights : Comment 74 of 124ANN.lu
Posted by Graham_nli on 16-Mar-2004 07:14 GMT
In reply to Comment 72 (Mikey_C):
Something that both sides agree on, I'm sure! lol
Amiga Inc. Has Sold AmigaOS Rights : Comment 75 of 124ANN.lu
Posted by Darrin on 16-Mar-2004 07:21 GMT
In reply to Comment 74 (Graham_nli):
Did I miss something? Is "Eva" now anti-OS4 AND anti-Bill Buck???
Amiga Inc. Has Sold AmigaOS Rights : Comment 76 of 124ANN.lu
Posted by Graham_nli on 16-Mar-2004 07:31 GMT
In reply to Comment 75 (Darrin):
I read her post 71 as saying that she knew that bbrv was full of deception.
Amiga Inc. Has Sold AmigaOS Rights : Comment 77 of 124ANN.lu
Posted by Anonymous on 16-Mar-2004 07:32 GMT
In reply to Comment 75 (Darrin):
I think she just likes to bitch a lot :)
Amiga Inc. Has Sold AmigaOS Rights : Comment 78 of 124ANN.lu
Posted by Darrin on 16-Mar-2004 07:34 GMT
In reply to Comment 77 (Anonymous):
"Time of the Month"? ;-)

/sexist mode
Amiga Inc. Has Sold AmigaOS Rights : Comment 79 of 124ANN.lu
Posted by takemehomegrandma on 16-Mar-2004 09:00 GMT
Well, lots and lots of people will have to make some really sweet apologies to some certain other people over that "Garry Hare" incident. I remember that people was called liars in *real* tough wordings, and now it turns up that once again, there were no lies only truth, and of course the usual efforts from Amiga Inc to deceive spread lies and FUD as well. Well, the truth usually comes forward in the end! Now people (you know who you are) let's hear you say "I'm sorry, I was wrong, and my senseless and ungrounded vomiting on certain people that claimed otherwise was uncalled for and for that, I am hereby officially a moron."
:-)


OK, over to the asset stripping of Amiga Inc now. As the lawyer(?) Ben Hermans himself states:

"No offense but one of the main purposes of bankruptcy law is to prevent this type of asset stripping with assets being transferred out of a company on the verge of bankruptcy, to the detriment of the remaining creditors.

This is blatantly illegal unless it would happen at normal market valuation.

If you were one of the creditors being stiffed (think suppliers and employees alike), wouldn't you want to prevent people running off with your collateral?"

http://www.ann.lu/comments2.cgi?show=1076172906&category=forum&number=39#comment


And it continues (this is me):

> You mean like making a contract that transfers all IP of a certain OS to a
> certain company in case of a bancruptcy?

Yeah, that was an interesting spin! Ben Hermans, who currently owns the IP for OS4? Amiga Inc? Or has it been transferred to Hyperion? And at what time became Amiga Inc to be on the verge of bankruptcy; was it before or after the transfer?"

http://www.ann.lu/comments2.cgi?show=1076172906&category=forum&number=42#comment


Ben Hermans answeres (not giving any real information though, except the last sentence which is kind of interesting IMO):

"I was making a general observation about bankruptcy law, that's all.

I don't know anything about the specifics other than the stories printed in several newspapers.

Nice spin incidentally about the Amiga Inc. situation.

You'll understand that the contractual arrangements put in place are not really going to be made public and that all parties involved looked at this from different legal angles."

http://www.ann.lu/comments2.cgi?show=1076172906&category=forum&number=43#comment


So Amiga Inc, a company that at that time obviously was "on the verge of bankruptcy" transferred (sold?) it's only asset of value to another company? Was it sold through a public auction to make sure they got the highest possible price to cover their debts? Or was it simply transferred for no money at all? This could IMHO be obvious asset stripping that "the main purposes of bankruptcy law is to prevent".

And by the way, in the context of "who owns the OS4 IP", what does "all parties involved looked at this from different legal angles" mean?


Questions, questions, questions ...

;-)
Amiga Inc. Has Sold AmigaOS Rights : Comment 80 of 124ANN.lu
Posted by takemehomegrandma on 16-Mar-2004 09:09 GMT
In reply to Comment 60 (Mikey_C):
> Well, Amiga have filed documents to the court under their right to Appeal (I
> believe) so the Genesi win may be only temporary.

I believe not. I do not read this as an appeal to the closed case, just as an answer to the "refining" of the ruling.


> As to OS4 and Amiga keeping quiet, the court case was over Amiga DE not
> AmigaOS, so why should Amiga file anything over AOS?

Or
<wild speculations>
they recently sat down together in a room, turned back their clocks a lot of months to a time where they would think was *before* Amiga Inc could be considered to be "on the verge of bankruptcy" and made all the documents with that date?
</wild speculations>
Amiga Inc. Has Sold AmigaOS Rights : Comment 81 of 124ANN.lu
Posted by Amon_Re on 16-Mar-2004 09:15 GMT
In reply to Comment 79 (takemehomegrandma):
Nice spinjob gramma, but you seem to be forgetting something, namely, you have no inside knowledge of the deals in question, you have no real grasp of the laws involved (don't worry, don't know then eighter), you do not know the exact involvements of KMOS with Ainc.

Basicly your making claims out of your behind, trying to make this into some spin that this is a case of asset stripping, without knowledge of all the data.

What we know is that:
1: Ainc will presue the DE (and i say let'm do)
2: KMOS is backing AOS4 (and thus Hyperion)
3: Itec has been swallowed by KMOS
4: The appeal filed by Ainc & friends paints a certain person in a very bad light

That's all we know for now, and all we can discuss, we can't even accertain things as the Garry Hare bis. card from this, the only thing we can accertain is that there was an involvement with Ainc from him.

Cheers
Amiga Inc. Has Sold AmigaOS Rights : Comment 82 of 124ANN.lu
Posted by Amon_Re on 16-Mar-2004 09:17 GMT
In reply to Comment 80 (takemehomegrandma):
Face it Gramma, the court ruling is about the be tossed out of the window.
As for backdating contracts, that's quite ilegal.

I think you are troubled by this, face it, the icon you adore is nothing more then an a cook.

Cheers
Amiga Inc. Has Sold AmigaOS Rights : Comment 83 of 124ANN.lu
Posted by priest on 16-Mar-2004 09:22 GMT
In reply to Comment 1 (bluvi):
So Gary is the CEO of Amiga Inc ??? Where does it say so...
Amiga Inc. Has Sold AmigaOS Rights : Comment 84 of 124ANN.lu
Posted by priest on 16-Mar-2004 09:24 GMT
In reply to Comment 8 (Doobrey):
"I don`t see any other companies wanting to buy it."

I thought M$ is selling DE stuff. When did that stop?
Amiga Inc. Has Sold AmigaOS Rights : Comment 85 of 124ANN.lu
Posted by takemehomegrandma on 16-Mar-2004 09:35 GMT
In reply to Comment 81 (Amon_Re):
> Nice spinjob gramma, but you seem to be forgetting something, namely, you have no inside knowledge of the deals in question

That's right, but I have general insight to the "big" picture.

1. Amiga Inc has been on the verge of bankruptcy for very long. The exact time of when Amiga Inc entered "that state" might be a matter of definition though.

2. Amiga Inc has lots of creditors, people they own money, former employees, partners, consultants, and so on. They didn't get any money, because Amiga Inc has only some 300 dollars in the bank.

3. Amiga Inc had only one asset of any real value, and that was OS4.

4. OS4 was transferred to another company, possibly for no money at all, and certainly not trough a public auction that is the usual way (the only way?) of setting a fair market value on the assets in situations like this.

And (I assume):

5. Amiga Inc is dead, an empty shell, with no mone, no assets and a HUUUGE pile of debts. Bill McEwen and Fleecy goes down with the ship. Their creditors has lost their chance of getting their money?

6. This whole deal could be considered illigal to bankruptcy laws if it would be challanged in court?


> you have no real grasp of the laws involved

Well, I am certainly not an expert like Ben Hermans, but I have actually taken some fundamental law courses in University, and I think that Ben Hermans has a strong point in the text above.

> you do not know the exact involvements of KMOS with Ainc.

That's right. I'm sure we will find out. What if "KMOS" stands for "Kommunity MorphOS"? Wouldn't that be cool, huh?!
;-)
Amiga Inc. Has Sold AmigaOS Rights : Comment 86 of 124ANN.lu
Posted by Amon_Re on 16-Mar-2004 09:51 GMT
In reply to Comment 85 (takemehomegrandma):
> Nice spinjob gramma, but you seem to be forgetting something, namely, you have no inside knowledge of the deals in question

That's right, but I have general insight to the "big" picture.

So do i

1. Amiga Inc has been on the verge of bankruptcy for very long. The exact time of when Amiga Inc entered "that state" might be a matter of definition though.

Only if & when a bankrupsy is called in/forced upon them.

2. Amiga Inc has lots of creditors, people they own money, former employees, partners, consultants, and so on. They didn't get any money, because Amiga Inc has only some 300 dollars in the bank.

Do you know the situation as it is today at Ainc? Do you know for a fact that none of the creditors have received their due money?
I don't, therefor i will not make any conclusion along these lines untill more comes out

3. Amiga Inc had only one asset of any real value, and that was OS4.

The have/had 2 accets, AOS4 & DE, however, they never *owned* AOS4, thus your reasoning is faulty, the owned some rights about it (to wich extent is unknown to me or you) and they sold those rights to Itec, whom in turn ended up in KMOS

4. OS4 was transferred to another company, possibly for no money at all, and certainly not trough a public auction that is the usual way (the only way?) of setting a fair market value on the assets in situations like this.

This is only valid in the case of a bankrupty.

And (I assume):

5. Amiga Inc is dead, an empty shell, with no mone, no assets and a HUUUGE pile of debts. Bill McEwen and Fleecy goes down with the ship. Their creditors has lost their chance of getting their money?

Or, they have obtained what they wanted from Ainc? (AOS4) We don't know, and pointless speculation is pointless

6. This whole deal could be considered illigal to bankruptcy laws if it would be challanged in court?

Only under a bankruptcy case, which this isn't


> you have no real grasp of the laws involved

Well, I am certainly not an expert like Ben Hermans, but I have actually taken some fundamental law courses in University, and I think that Ben Hermans has a strong point in the text above.

He has, in relation to bankruptcy cases, as it was with Pretory, they filed for bankruptcy, so it would be ilegal to remove accets from it

> you do not know the exact involvements of KMOS with Ainc.

That's right. I'm sure we will find out. What if "KMOS" stands for "Kommunity MorphOS"? Wouldn't that be cool, huh?!
;-)

I've heard afew already, i honestly have no clue what KMOS stands for.

Cheers
Amiga Inc. Has Sold AmigaOS Rights : Comment 87 of 124ANN.lu
Posted by takemehomegrandma on 16-Mar-2004 10:04 GMT
In reply to Comment 82 (Amon_Re):
> Face it Gramma, the court ruling is about the be tossed out of the window.

Face it, you don't know very much about the case, as you have previously showed in your clueless posts. Have you even bothered to read the contract by now? So you are claiming this to be an appeal to the now closed case? What part in any of the enclosed documents do you mean give you that impression? To me it's quite clear that this is not an appeal, but a response to Genesi's request to "refine" the judgement. I can be wrong though?

> As for backdating contracts, that's quite ilegal.

I know, so is asset stripping. BTW, the <wild speculations> brackets meant just that, "wild speculation".

> I think you are troubled by this, face it,

This might perhaps be tough for you to understand, but I actually *don't care* about any of this shit in a kind of way to let this trouble me. Not at all! I care about this only as pure amusement! :-) Let the show go on! Bring the popcorn! I'm not interested in OS4 since that only runs on broken €800 hardware, I don't care about the brand, because it's so full of filth and lunacy now so I don't want to be connected to it, I don't care about the people involved either. There has been so much shit going on that I simply got tired and left "Amiga land" mentally around last summer. The Pegasos and MorphOS is everything an old Amigan would need, and I have that secured! I don't care about your mess here, other than for pure amusement! And amusing it is!
:-)

> the icon you adore

I don't adore any icons, but I react when I see non-stop sensless vomiting from people as soon as they get a chance. When that kind of behaviour from certain people goes on long enough, I make some comments about it. Don't be grumpy about that, take it like a man!

> is nothing more then an a cook.

What's he cooking?
Amiga Inc. Has Sold AmigaOS Rights : Comment 88 of 124ANN.lu
Posted by takemehomegrandma on 16-Mar-2004 10:14 GMT
In reply to Comment 83 (priest):
> So Gary is the CEO of Amiga Inc ??? Where does it say so...

Here?
http://www.amiga.org/modules/myalbum/photos/970.jpg

You could also ask the people who met him on various occations, and other people who got his card. It seems obvious to me that Garry Hare was put in charge by the big owners (the VC) to solve what could be solved from the sinking ship. Now they seems to have put the only valuable thing they could find in a life boat, but the question is if it's legal to put the only valuable assets in a lifeboat and leave the ship, sneaking out in the night, when there still are creditors behind on that sinking ship that has reserved seats with their name on in that lifeboat? Or has Amiga Inc paid all their debts now?
Amiga Inc. Has Sold AmigaOS Rights : Comment 89 of 124ANN.lu
Posted by Don Cox on 16-Mar-2004 10:16 GMT
In reply to Comment 82 (Amon_Re):
"As for backdating contracts, that's quite illegal."

So are staged payments, and deals which are signed on one date but reach final completion after a staged payment. A deal like this could easily take a year to finalise, especially when the purchasing company was itself purchased.
Amiga Inc. Has Sold AmigaOS Rights : Comment 90 of 124ANN.lu
Posted by Don Cox on 16-Mar-2004 10:20 GMT
In reply to Comment 85 (takemehomegrandma):
"3. Amiga Inc had only one asset of any real value, and that was OS4."

No. Their main asset is and always was the brand name. Any brand name that has recognition is worth a few million dollars at least.

The whole basis of Amiga Inc's original business plan was to attach a familiar brand name to a new and unrelated product.
Amiga Inc. Has Sold AmigaOS Rights : Comment 91 of 124ANN.lu
Posted by takemehomegrandma on 16-Mar-2004 10:41 GMT
In reply to Comment 90 (Don Cox):
But it has been almost 10 years since this brand name was associated with any tangible products by the broad, common public. It's forgotten, almost as forgotten as commodore, but I believe that commodore made a greater impact and that it might be possible to sell some nostalgia products even today (like the upcoming commodore branded PC clone with C64 emulator) with that name to the people who remembers the happy C64 era. Like a gimmick. Perhaps it will be possible to sell some Amiga branded things on the same merits, thanks to the name. Amiga Forever would be an example, and the OS4 and such, but I would not go as far as calling the Amiga brand worth several millions though. Not today. There are several ways of valuing brands. A simple method (but quite relaible) is by simply measuring/estimating how much money you will be able to earn on your products and services for a period of time (a limited number of years) *thanks to the brand alone* (isolated). Several millions? Nah, the Amiga brand could perhaps *become* that valuable, but it will cost a lot, both time and money.
Amiga Inc. Has Sold AmigaOS Rights : Comment 92 of 124ANN.lu
Posted by Amon_Re on 16-Mar-2004 10:49 GMT
In reply to Comment 87 (takemehomegrandma):
Last reply to you,

BBRV will *NOT* obtain anything from the case, infact, i suspect that someone soon might just sue him.
Now, go crawl behind your Pegasos II & play with it.

Cheers
Amiga Inc. Has Sold AmigaOS Rights : Comment 93 of 124ANN.lu
Posted by takemehomegrandma on 16-Mar-2004 10:58 GMT
In reply to Comment 92 (Amon_Re):
Soo grrrumpy! :-)
Amiga Inc. Has Sold AmigaOS Rights : Comment 94 of 124ANN.lu
Posted by Graham_nli on 16-Mar-2004 11:12 GMT
In reply to Comment 80 (takemehomegrandma):
Apparently as both bbrv and Amiga Inc have challenged the original result of the court case (bbrv in an attempt to grab more stuff unchallenged), the next hearing will essentially rehear the case from scratch.

Someone posted an explanation much more eloquently on AmigaWorld.net
Amiga Inc. Has Sold AmigaOS Rights : Comment 95 of 124ANN.lu
Posted by Amon_Re on 16-Mar-2004 11:15 GMT
In reply to Comment 94 (Graham_nli):
I'm looking forward to a reply for any of the blue officials tho now, and the coming announcements Ben mentioned on aw.net

Cheers
Amiga Inc. Has Sold AmigaOS Rights : Comment 96 of 124ANN.lu
Posted by muhahahaha on 16-Mar-2004 11:36 GMT
In reply to Comment 95 (Amon_Re):
@takemehomegrandma

Apologise, yeah ok......

(Drops trousers)

Kiss my fat hairy ass!
Amiga Inc. Has Sold AmigaOS Rights : Comment 97 of 124ANN.lu
Posted by Don Cox on 16-Mar-2004 12:36 GMT
In reply to Comment 68 (gary_c):
"It's not like AmigaOS was getting in the way of AmigaDE development and promotion by AI anyway, as a practical matter. They already contracted it out to Hyperion so it really wasn't a distraction, apart from tangential activity like Fleecy's on-line sessions and Ray's server management. "

How about the time flecy spent at AOS4 shows?
Amiga Inc. Has Sold AmigaOS Rights : Comment 98 of 124ANN.lu
Posted by Don Cox on 16-Mar-2004 12:39 GMT
In reply to Comment 79 (takemehomegrandma):
"So Amiga Inc, a company that at that time obviously was "on the verge of bankruptcy" transferred (sold?) it's only asset of value to another company? Was it sold through a public auction to make sure they got the highest possible price to cover their debts? Or was it simply transferred for no money at all? This could IMHO be obvious asset stripping that "the main purposes of bankruptcy law is to prevent"."

But they are not bankrupt and show no signs of wanting to be. You can be heavily in debt without being bankrupt, and if you are heavily in debt selling some assets is the right thing to do.
Amiga Inc. Has Sold AmigaOS Rights : Comment 99 of 124ANN.lu
Posted by Don Cox on 16-Mar-2004 12:41 GMT
In reply to Comment 89 (Don Cox):
""As for backdating contracts, that's quite illegal."

So are staged payments, "

Typo - I mean that staged payments are _legal_.
Amiga Inc. Has Sold AmigaOS Rights : Comment 100 of 124ANN.lu
Posted by Don Cox on 16-Mar-2004 12:46 GMT
In reply to Comment 91 (takemehomegrandma):
"But it has been almost 10 years since this brand name was associated with any tangible products by the broad, common public."

Amiga computers were on sale until quite recently, and under Escom were still being manufactured. Obviously the brand name isn't worth as much as "Disney" or "Kodak", but it is worth several million if attached to (for example) games for phones. Lots of people enjoyed playing games on Amigas when they were kids.

It is a simple, distinctive word, easily remembered.
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