Amiga.org
Amiga computer related discussion => General chat about Amiga topics => Topic started by: Starrunner on June 06, 2007, 04:32:18 PM
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I stumbled across this in a post from ffastback. I know it is from the category of dead horse, but this is amusing in a BS shoveling sort of way.
Article is from the Kent Reporter
'City of Kent waits for word on Amiga’s payment'
http://www.kentreporter.com/jumpstory.html?story=news2&pubdate=6/6/2007
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From the article:
"Amiga’s corporate board has to approve the $2.5 million payment, McEwen said recently"
Gee, maybe McBill should have gotten the approval *before* starting the ball rolling on the whole deal, huh?
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Gee, maybe McBill should have gotten the approval *before* starting the ball rolling on the whole deal, huh?
We should make of list of things Amiga Inc. should have done like...
If you're going to make a contract with someone to CREATE and operating system for you....
maybe KEEP A COPY of it WITH SIGNATURES!
:lol:
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If you're going to make a contract with someone to CREATE and operating system for you.... maybe KEEP A COPY of it WITH SIGNATURES!
and maybe buy a Military Grade safe from Doomy to keep said Contract in :-D
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Gee, maybe McBill should have gotten the approval *before* starting the ball rolling on the whole deal, huh?
Um, maybe the approval has something to do with the fact that the original deal was changed by asking for money now instead of when the construction starts?
But anyways.. It is going to be interesting to see whether amiga inc is still the same or if they have changed for the better. Now we will get our answer within a few days. :-)
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@Tomas
Yup. They changed the deal.
City officials asked Amiga two weeks ago for the first payment sooner than originally planned after recent news reports of past financial problems involving the company. When the naming rights were announced in April, the city had asked Amiga for the $2.5 million payment when construction of the events center starts.
I would think, though, that Amiga could refuse the early payment and just procede as originally agreed. But, from that article, it looks like the Kent people are playing hard ball and are threatening to not go forward with construction if Amiga doesn't pay early. Too bad that would mean no minor league jockey in Kent, though. The people of Kent sure picked some winners to put on the city council.
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The people of Kent sure picked some winners to put on the city council.
So if Bill McEwen told you to quit your job and he promises to start paying your bills ...to "not worry about it.. I'll handle it", you'd do so?
I think its a smart move. Kent moves forward and ends up getting burned.. AI gets sued, has nothing to be taken away so that leaves Kent in the hole.
Smart move City of Kent!!! :-)
:popcorn: :popcorn: :popcorn: :popcorn:
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WOW the Amiga Corporate board-that sounds big :-D
Sounds like Amiga is just so huge a company now that 2.5 mil should be like me spending a penny. Well hopefully for Bill he can produce the 2.5 mil quicker than he's been able to produce anything for us... oh wait we're still waiting LOl :lol: :lol:
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weirdami wrote:
Too bad that would mean no minor league jockey in Kent, though. The people of Kent sure picked some winners to put on the city council.
Not so. The corporate sponsorship helped push through the state funding according to one article. With that secured they don't need the corporate sponsorship to proceed, it was extra revenue for it. The corporate naming deal sponsorship was a means to an end at one time and after achieveing state funding is merely the cherry on top. And Kent has pointed out they feel they will have no issues finding another sponsor (at least not at this point now).
I would think, though, that Amiga could refuse the early payment and just procede as originally agreed.
That might be a good play for them at this point if they never intended to pay. In that scenario they could claim they would pay at the originally agreed to time only, saying the Amiga board did not appreciate being strong-armed.
What I find most amusing from all this that Kent officials claim they knew of the issues ahead of time, yet they now want early payment because the issues came to light more recently? I suppose they may say it had to do with the degree to which things came to light, but it still seems fishy all around.
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But, from that article, it looks like the Kent people are playing hard ball and are threatening to not go forward with construction if Amiga doesn't pay early.
Not really, they say they will simply find another company to deal with. They would probably just go to the second highest bidder if AInc. fails to show. I wouldn't be surprised if Kent is already in communication with whoever the backup funder is.
I guess it's a safe bet that nobody from Kent was ever given a demo of the Amiga pizza-ordering technology, either.
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..thats the great thing about the internet..
Remeber AmigaWorld mag..reading about Commodore's bankruptcy, Viscorp and other failed deals? The remember wanting to say something but all you could do is write to AW magazine hoping someone would publish your frustration?
thanks to the net, now you can! get the latest and greatest (or worst) news ASAP.
I'd be embarassed if I was Billy and co.
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WOW the Amiga Corporate board-that sounds big Sounds like Amiga is just so huge a company now that 2.5 mil should be like me spending a penny. Well hopefully for Bill he can produce the 2.5 mil quicker than he's been able to produce anything for us... oh wait we're still waiting LOl
Well, lets us take 2 big steps back.....
They couldn't quite come come up with and even manage to keep track of $25,000 to BUY their own Operating System, that they say is the CORNER STONE of their business!!
So how likely is they be able to just whip out $2,500,000.00 in approx 2 weeks???
Well, I guess we all now how long 2 weeks means in Bill M. Speak don't we? I guess it's time for the City of Kent to learn it now :lol: :lol:
:popcorn:
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oh man, now what will happen to all thoose who thought AmigaInc was on a roll?.
Sadly i myself doubt AmigaInc will ever do any real progress, best thing they did was to outsource AmigaOS (3.5 and up) and ofcourse now it seems they want to keep it in-house, ohwell...Amigaland is as usual...rotten but still fun.
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What ya mean they are still on a roll, just not a very good one. hehe they are still on the roll with promises and no results... yeah go Amiga Inc, at least we know they are reliable for something.
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amigakid wrote:
What ya mean they are still on a roll, just not a very good one. hehe they are still on the roll with promises and no results... yeah go Amiga Inc, at least we know they are reliable for something.
:crazy:
:lol:
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Lempkee: "oh man, now what will happen to all thoose who thought AmigaInc was on a roll?."
You mean with mustard and relish?
Oh, that's right. No meat.
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Amiga Inc. may decline to change the agreement and pay early. When changes are requested to an agreement/contract, both parties must agree and usually sign a revised agreement/contract. The City of Kent could ask for verification that Amiga Inc. has the ability to pay the amount, such as asking for bank records to verify availability of funds, and Amiga Inc. could refuse again, as it was not part of the original agreement.
Bottom line is that the City of Kent has entered into an agreement with Amiga Inc. and now wants to change it, but must get Bill and Co. to agree to the changes. As a former City employee, I can tell you from personal experience that City Council Persons are not always the sharpest tool in the shed! :lol:
I'll be interested to see how Bill and Amiga Inc. react to all this negative press.
:popcorn: :popcorn: :popcorn:
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Amiga Inc. may decline to change the agreement and pay early. When changes are requested to an agreement/contract, both parties must agree and usually sign a revised agreement/contract.
That will still make them look shady, as Bill McEwen pretty much accepted the change by replying what he did.
I think it is too late for them to save their face now, unless they do infact have the money to cough up. The amiga name will pretty much be worthless if this is the case, as it just has too much negative press already.
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amigadave wrote:
Bottom line is that the City of Kent has entered into an agreement with Amiga Inc. and now wants to change it, but must get Bill and Co. to agree to the changes. As a former City employee, I can tell you from personal experience that City Council Persons are not always the sharpest tool in the shed! :lol:
Remember though that Amiga feed the city supposedly the following snippets about the company to get into the agreement:
Amiga is the "third most-recognized brand in Europe". When the Seattle Times asked for a reference on this Bill could not provide one, claiming he read it in some European magazine or something like that sometime back.
Amiga is "the world’s premier provider of multi-media enabling technologies". I personally think to call this a stretch is being extremely extremely nice.
So, is this a fair representation to make in order to make this agreement happen?
I think Kent has a decent amount of leverage here.
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Do your remember one of the original Amiga slogans?
"Amazing Amiga"
Don't you think this applies to the current Amiga company?
"Amazing Amiga Inc".
They continue to amaze me anyway!
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I liked this part....
“But we are still adamant to have them put money in an escrow account before construction. We expect to hear in the next couple of days how they are going to do it.”
How indeed, we will all be interested to see. I'm rooting for them though, as I do any underdog.
Plaz
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another thing to think about is if ainc now do cough up the 2.5mill, and then loses the legal battle with hyperion and the brothers...
we will be eating :popcorn: for months if this happen...
________
Massage (http://www.fucktube.com/video/53210/blindfolded-redhead-massages-his-prostate-while-capturing-his-load)
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Oh ye of little faith...
Just whip up another $50 pre-order coupon/T-shirt deal
and $2,500,000.00 will be in the pipes well within 2 weeks.
Sorry I really had to.
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Dear City of Kent:
Your payment of $2.5 million is on schedule and rockin'.
:rtfm:
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@huronking
:lol:
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redfox