The Downward Spiral of Amiga Incorporated

[Glaucus]

Good article James, well written.

What's so good about it? It's just a collection of all the blue camp trolling that's gone on in the past couple of years. The article could be renamed to: A Summary Of the MorphOS Camp Trolling

  - Mike

[mikeymike]

Here's what I don't understand. Amiga Inc has apparently been without offices, without money to pay employees and in severe debt for months and months, yet they still somehow exist.

There's something you don't understand so therefore everyone must be lying.

Companies don't just disappear in a puff of smoke once they go into the red (talking about accounts here, not red/blue troll status! :-)).

Instead of claiming that it can't be true, why not put up some evidence to show that?  Of course the flipside of that is that one should not believe everything one reads, and I don't take this article for gospel either, but considering all the other evidence I have come across (which is available to everyone else as much as it is me), it doesn't conflict.

[Glaucus]

Companies don't just disappear in a puff of smoke once they go into the red

If a company can't pay it's employees, then pretty soon it won't have employees. If they are in this much debt, I wonder why the investors and creditors haven't pulled the plug on them so far. Obviously there's more to the story. I didn't say the article was full of lies, everything on there might be true, but it's bullsh!t because I feel there's a large part of the truth that's missing from this article - and as such it's a very misleading article.

  - Mike

[redrumloa]

A Summary Of the MorphOS Camp Trolling

Trolling? All of a sudden reality is trolling? Read some of the coments here from some of our less active members. This sums up the current situation quite well and all based on FACTS!

[System]

Glaucus, totally in agreement with you.  ;-)

[amigamad]

Its like this to me they have nothing other than the amiga de to sell and no other product apart from the games packs so how could you expect them to survive without any real money comeing in. :-?

[Skyraker]

\Yeah I was trollin.. fair cop gov'ner......

but you sholdnt be so obvious.. i mean. i wouldnt sell myself to golden grahams for a free crispee... but then there's you and me

j/k

[Tigger]

If a company can't pay it's employees, then pretty soon it won't have employees. If they are in this much debt, I wonder why the investors and creditors haven't pulled the plug on them so far. Obviously there's more to the story. I didn't say the article was full of lies, everything on there might be true, but it's bullsh!t because I feel there's a large part of the truth that's missing from this article - and as such it's a very misleading article.

Glaucus, all the data here is from Bill McEwens depostion, in his own words, he said the company was insolvent, he said he hadnt paid any of the employees since June 2002 (Yes 2002), he said that they only about $100 in the bank, and he said they were 2.2 million in debt.   How can posting pieces of Bill McEwens own legal deposition be bu!!shit??   You are free to read the deposition yourself, its available on the net, or you can contact the court house and get an official copy.    For over a year now according to letters and depostions from Bill McEwen, Amiga Inc has been broke and about to get new financing.  It will soon be two months since Bills deposition, and they still dont have new financing, they just owe Bolten another $1600 in interest, Matt another $800 in interest, (the other creditors more money in interest), the employees another 200k+ in missed salary given the salary info Bill gave us before, plus taxes, interest etc for all the missing payments.  This isnt a healthy company, and I really dont seen someone buying in on a company bleeding out at a rate of 6 figures a month.
      -Tig

[bhoggett]

@Glaucus

If a company can't pay it's employees, then pretty soon it won't have employees. If they are in this much debt, I wonder why the investors and creditors haven't pulled the plug on them so far. Obviously there's more to the story. I didn't say the article was full of lies, everything on there might be true, but it's bullsh!t because I feel there's a large part of the truth that's missing from this article - and as such it's a very misleading article.

The article is based on publically available information, not on guesswork and innuendo.

If there's "a large part of the truth" missing as you claim, why don't you enlighten us, together with publically available evidence to back your claim?

There are a lot of morons about claiming to know all sorts of secrets that they aren't willing to divulge, but they do want everyone to a-s-s-u-m-e (will somebody fix that darned profanity checker?) thet they are telling the truth.

[amigamad]

Maybe this is the reason hyperion are doing the amigaone version of os4 first now to get money from sales to goto amigainc .  :-o

[IonDeluxe]

Yes, very well written.
Everything from title to sentance structure to word choice has been very well sensationalized.
Where facts are not in evidence, vague references have been used such as "multiple" claimants....where is the number? the FACTS!

All those documents post on websites...sure they showed some things, but did anyone take notice of the page numbers? there were sheafs of pages missing!

All these FACTS were posted in a news item some weeks ago, nothing new has been added with this article that was not already available then.This in itself makes this a non news item, that it is an article and not news becomes supurfulous.

The only viable FACT is that nobody outside of Amiga Inc knows the full story, and in my opinion even close to it, and this article, which can easily be taken as having all this information, is in my opinion, misleading.
A very good piece of jounalisim, its actual worth is dubious at best.

BBRV has a personal vendetta against B McEwen, this was clearly shown by his own comments on ANN during the Gary Hare debacle, and hence Genesi has a vendetta against A.Inc as it is really his only avenue to Bill McEwen.

I dont think Genesi are in such great financial straights either considering they have been giving out freebies hand over fist, been subsidizing the cost of thier boards (this is a smart business move if it works) and so on. The statement that was posted here as a news item some weeks ago re-inforces this opinion where he was appealing for support from this community.

Simply put this article is not much more than well written fluff, I dont think Amiga Inc. is the big baddy that it is made out to be (although I understand much of the angst towards them) nor do I think Genesi/BBRV is the knight in shining armour he pretends to be either.

It just keeps me thinking of a line in the movie Gladiator with Brian Denehy (sp)

"When you are strong, prentend you are weak, when you are weak, pretend you are strong"

[Kronos]

@Claucus

AInc-employees did leave, and some even sued.
Others stayed (unpaid) either just iddling or working in the hope of some miracle.

Being an unpaid AI-man doesn't cost and I'm sure most off them have a real
"2nd" job.

Creditors only act when there is something to win.

What could that be ?
The DE? Pretty much a stillborn.
The name ? Pretty dead (just look at the lastest slashdot-article).
AOS ? 4.0 still unfinished and in the hand of Hyperion.
3.5/9 in the hand of H&P,and 3.1 is so outdated it ain't funny (also quite
unclear who REALLY owns that. Gateway??).
Patents ? Still owned by GateWay (if not expired).

Fact is, AInc can't pay it's employees, they can't fullfill on lost court-cases,
they even can't (or refuse) to honour their costumers (yes those
bloody t-shirts  :-P ).

It is now more than a year that McBillis talking about a new investor/partner,
without anything real (and why should it looking at whyt "content" is available
for the DE/AA ?).

Will A1/OS4 save AInc ? Doubtfull.

Lets say they get 100$ per combo (*1):
That would mean 10000 units just to pay their debts (notcounting the mio McBill
owes to himself) ~3000 to hounor PPack and sCAM, and another ~1000(*2) per
month to keep the company going...

How realistic are these numbers ?

1: just guessing,but make it lessand the numbers get even more out of line.
Make it more, and the plattform willnever be available a competetiv prices.

2: 100000$ per month sound like a rather minimal number for a company that
wants to actually get something done.

[Glaucus]

If there's "a large part of the truth" missing as you claim, why don't you enlighten us, together with publically available evidence to back your claim?

I don't pretend to know the truth. The FACT is that if Amiga Inc is 2.2 million in debt, then someone is obviously allowing them to continue burning all this money away. Perhaps the fact that they are 2.2 million in debt is of no concern and this trend might continue. It's also possible that the plug might be pulled tomorrow. The fact is we don't know where Amiga Inc gets this kind of money from and this article doesn't even address this. It just throws out these figures of 2.2 million - which most likely are totally accurate -  but it still leaves many important questions unanswered. It's quite possible that Amiga Inc's investors have deep pockets and are willing to wait for AmigaOS 4 to be released regardless of how deep into dept Amiga Inc sinks. The problem is we just don't know all the details of the inner workings, so why make ####umptions of their future?

If or when Amiga Inc goes bankrupt then that will be news. This article is not news - an editorial at best.

  - Mike

[bhoggett]

@IonDeluxe

All those documents post on websites...sure they showed some things, but did anyone take notice of the page numbers? there were sheafs of pages missing!

You're being very selective with your truth, aren't you? Why do you not also mention that the "missing" pages were not included in the deposition to the courts and that even Amiga Inc's counsel obviously didn't think the information contain therein was relevant to their case?

[bloodline]

This an awful article... not one mention of AROS...



;-)

Will the BAF's please get over it.... It's a good article, short, concise and contains a great deal of the information about the current situation. Sure it lacks some important historical details, not to mention the lack of AROSness :-P ... but it is ideal as a catch up if you've missed any part of the Saga!

[MarkTime]

@JamesR,

I'm sure this is an obvious extension to this line of thought...but we want more!

more, more, more....

And whether its AROS or Genesi, and in-depth background of recent events would be most interesting.

I am reminded, with the Hyperion 'delaying' CSPPC version of OS4, that everytime something comes up, for example, the Boot code stuff for AmigaONE, Hyperion announces to the community that they have to delay because an opportunity for contract work...ie. real $$$ came up, and they have to, after all, make money to finance this effort.

That's all well and good, but is exactly why we like details about a companies operations.

It's a fascinating part of Genesi's resume that they don't stop work, that they appear (at least appear)..to have the financial backing problem solved....by some kind of operation that brings revenue in.

But what are the details?  I have never bothered to check, but these types of details are interesting to us, if there was a news story on Genesi.

Of course the BAF'ers are not going to think anything is balanced, but its really impossible to present a story on most companies as dark as the Amiga, Inc. one...but thats because few companies are in such dire straights.

This, though, is my hope, that its balanced in the sense that it comes as close to the truth, as the Amiga, Inc. story....that type of balance is rare, and well..erm welcome.