Is this thread for real? (AInc has <$100)

[Lando]

Download the court documents and see for yourself.  They make an interesting read.

Bill admits Amiga is insolvent. They have $100 in their bank account but debts of $2.2 million. They haven't paid their staff for over a year and haven't filed taxes since 2000.  They have no revenue but are delaying declaring bankruptcy in the hope that they will find new investors.

[Lando]

Amiga Development LLC is a wholly owned subsidiary.  Amiga Inc goes down, it all goes.

How many Commodore or Escom subsidiaries do you know that are still operating?

[Lando]

PMC wrote:
That Amiga have survived four years after paying Gateway $2million for the trademarks whilst simultaneously failing to produce a tangible product or service is quite remarkable.

It was $5 million according to Peake.

We are quite used to Amiga (in whatever incarnation) becoming bankrupt in the past ten years, but now that Hyperion have started the OS4 ball rolling, and Eyetech have at least got a platform ready, maybe it doesn't necessarily mean the end of the community as such.

If this sounds defeatist, it is because I ran out of patience with Amiga Inc long ago.  They've not exactly been forthcoming about the true state of their affiars, and indeed it was Eyetech wo took it upon themselves to tell the community that there was yet no OS4 back in 2001.  Frankly, I don't trust the buggers and nothing they've said in the past few months has caused me to change my mind.

I think most people feel the same way.