Wayne wrote:
strictly guessing and playing devil's advocate here, I would say that Amiga Inc and the city of Kent had an agreement and/or maybe even a contract which specified how much and when was to be paid.
Then, when the initial story broke and Kent officials were slammed with dozens of armchair lawyer types from {bleep}bunny to include our favorite Amiga stalkers and the 10,000 pages of "evidence", they (kent officials) probably got nervous, did a little investigating, and wanted to change the terms of the deal to include more cash up front.
Since that wasn't part of the original deal, Amiga Inc walked. Again, I haven't heard from or talked to anyone, but if I were to guess as to what AI's side of the story might be....
Wayne
Way off Wayne unfortunately.
The original letter of intent was for $5 million USD upfront. Then Amiga negotiated down to $2.5 million upfront for the actual deal between all three parties (Kent, the Thunderbirds, and Amiga). Then according to Kent they tried to negotiate it down further, even though an agreement had been completed and even though Kent stuck by keeping the deal open for months despite bad press.
http://tinyurl.com/3d99aqhttp://tinyurl.com/2g5zdsAmiga has little reason for excuse that we can see, Kent's only demand after the bad press, to pay early, Amiga resisted. And when Amiga resisted Kent gave in and let them have until the originally agreed groundbreaking date. And Amiga let the date come and go without paying, which voided the deal.