Raquel Velasco & Bill Buck / Genesi's Clarifications

[anarchic_teapot]

@jedi

Alan said : "Its a matter of public record that Thendic-France incorporated as a one-man company with the minimum 7500 euros of capital."

Sorry if I don't believe a man who doesn't know exactly what is a "SARL" company.

Of course he knows what a private limited company is: Eyetech happens to be one.

Now a one-man company, or EURL, looks like this (link in French). OK, so the share capital was wrong, by €500. Big deal.

As for thinking the name 'Amiga' - remembered fondly by millions - isn't a selling point, perhaps you should read up on your psychology. The VW Beetle and Austin Mini Cooper had also been "dead" for many years... So were flared trousers, and don't we all wish they'd stayed that way.

[anarchic_teapot]

@MikeB

Yes there are, but that doesn't mean that I won't criticize their management.

Hmm, that reminds me of something I know I've got the link here somewhere
Ah, yes: something quite a few people seem to have forgotten, yet it was only 6 years ago.

[anarchic_teapot]

@Bjorn

Your conclusions are spot on. Thendic is in fact an EURL, either that or they haven't been filing their declarations on time (not that this would be anything new, if you use the same site to look up the various companies rejoicing in the name of Pretory in France). A EURL is a French private limited company with a single shareholder, ie a one-man company.

[anarchic_teapot]

Jedi blithely channelled:
Do you know that Pretory is a great success ?...

Um, which Pretory would this be? Pretory USA, which had to convince its creditors, which it couldn't pay, to let it convert their accounts payable into share capital?
Pretory SARL, which has never filed a set of annual accounts in 5 years, despite its being a legal requirement?
Pretory SA, with a net result for 2000 equal to only 0.64% of its sales, debts equal to more than half the capital plus reserves, and negative cashflow?