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

[Hammer]

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

Do you have proof that “Amiga Development LLC”’s shares/capital/controling interest are own by Amiga Inc?

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

Depends on the entity structure.  To classify a limited liability entity as subsidiary it’s shares/capital/controlling interest must be own by “Amiga Inc” entity, not by another person (e.g. BillMc).    

The mother entity (think of a central node) shouldn’t be the one that accumulate large liabilities/riskily contracts.  

One can form parallel limited entities e.g.
1st limited entity for employing people (kind’a like labour hire company). (Any employee related liabilities is limited to this entity).
2nd limited entity for trading (any trading related liabilities is limited to this entity e.g. doing contracts deals).
3rd limited entity for critical assets holding entity (e.g. holds critical non-current assets).

All three entities are control by 4th entity (usually a natural person), which is shielded by limited status by these 3 limited liabilities entities.  These parallel entities must not intermingle in relation ownership/shares. A careful manipulation of limited entities can offer some protection against Commodore/Escom style bust.  

[Hammer]

B00tDisk wrote:
My prediction about this mess?

Gensei, -sai, -si, whatever it is goes back to the judge in six months, asks for an injunction against Amiga, Inc because their DE integration isn't done yet,

Injunction usually occurs within a limited entity.

puts a freeze on any further products and ####cans OS4.  Of course they can't stop use of the linux boards, but they can just not order any more.

It wouldn’t stop Eyetech from ordering more A1 motherboards since Eyetech is a separated entity in relation to “Amiga Inc”.

"The Amiga and the Amiga logo is trademark of Amiga Development LLC" - AmigaOS 4.0 screen shots.

Ben Herman's confidence that the development of AmigaOS4.x will continue (even with the demise of "Amiga Inc") could give us some hints on the undisclosed entity structure.

The last OS for the Amiga is 4, and it only runs on old hardware.

Could you disclose the relationship structure of “Amiga Deveopment LLC” and “Amiga Inc”?

[downix]

@Hammer

From the trademark Amiga in the USPTO, I got an address for them.  Might want to write and ask:

Amiga Development LLC
600 North Derby Lane North
Sioux City SOUTH DAKOTA 57049

[iamaboringperson]

Targhan wrote:




There ya' go!

Hey, that looks good.
That just might be my next computer! :-)

[weirdami]

@greenboy
I see the little " :-P " wasn't lost on you.

I was thinking of another funny. That maybe McEwen was in Montana to see you. Aren't you in Montana?

[Doobrey]

Since B00tDisk was on about predictions, I thought I`d rub my crystal balls and have a look too...

 The Microsoft Mafia will make Amiga Inc an offer they can`t refuse. Then they`ll sell the DE/Anywhere stuff as all their own work, and bury the rest of Amiga in their "IP vault". :-(

[weirdami]

@amigod
I agree with your sentiment. RW comes of as some kind of kook (especially judging by his website content and domain name).

[realpix.com]

Yeah - this guy must be REALLY wacked out - considering he is providing info that no one else is.

[Wain]

I'm confused, don't most early companies start up WAY in the hole and run on credit lines instead of having any accumulated wealth??

[realpix.com]

How do you get credit lines if you have no money?

[Wain]

I dunno' how do companies manage to stay in debt for over 5 years but still be up and running, don't nearly all businesses lose money hand over fist for the first 5-10 years they are running?

I also would assume that credit can be made available with proper business models and potential products, otherwise how do companies get started in the first place with little to no operating capital?

Isn't credit based on the idea that you have no money?? isn't that why it's called credit??  I do realize the amiga, Inc may have no credit either, but companies often tend to run millions and millions of dollars in the hole before declaring bankruptcy.

but then again there may well be a reason I am not in big business!!   :-D

[Tigger]

Hammer wrote:

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

Do you have proof that “Amiga Development LLC”’s shares/capital/controling interest are own by Amiga Inc?

Amiga Development LLC is a wholly owned subsidiary of GATEWAY gentlemen.  Its the company formed by gateway in 1997 or 1998 to handle the patents old and new related to amiga.   Amiga Inc does not in any way own Amiga Development LLC, but you dont need to believe me, google it if you dont trust me.  
     -Tig

[meerschaum]

Tigger we cant trust you, OR google, your both infidels and need to say 10,000 praise Amigas while bowing to seattle...are you part of this community or what? go say your praise amigas and stop bieng such a truth spreading infidel...the earth is flat damnit!!!.

[greenboy]

wierdami, I'm not receiving visitors however - unless they call ahead. My butterfly collection must first be stashed  ;  }

I suspect he was here to see a vet {man, stay away from horse tranquilizers ; }. Because anyone with any sense leaves Montana when they want expert medical consultation or treatment. Invariably, they go to SEATTLE, or Minneapolis.

[dammy]

by Tigger on 2003/9/9 23:36:03

Amiga Development LLC is a wholly owned subsidiary of GATEWAY gentlemen. Its the company formed by gateway in 1997 or 1998 to handle the patents old and new related to amiga. Amiga Inc does not in any way own Amiga Development LLC, but you dont need to believe me, google it if you dont trust me.

Since it's being reported OS4 has Amiga LLC on one of it's screens,  that must mean Amiga Inc never bought the IP from Gateway, just the trademark and hardware and just licensed the rest of it.  Pretty pathetic.  

Dammy

[greenboy]

Tigger, yep. (I could have sworn Amiga LLC was discussed into the ground a few months back - how quickly some [want to?] forget.)