@SirLancelotDuLac
You have a good point there, but the questions still remain. You see, Itec's position does not explain why they would acquire AmigaOS, particularly at that time, or why no announcement to the effect of the sale was ever made at the time. If Itec is Amiga's Senior Secured Creditor, then they would get first dibs in case of bankrupcy anyway, so there would be no need to acquire the assets in advance.
Also, the description of KMOS as a successful company etc. is a bit suspect considering their formation date and what appears to be a complete blank when it comes to track record, partnerships or other products.
Of course, my impression that we are looking at IP laundering is purely speculation on my part - given what evidence is available to me - but while it is true that the Feds have not found anything to complain about, it is equally true that they haven't looked.
Sooner or later Amiga Inc will go to the wall, and then I assume there will be an investigation in the deals carried out for a set period prior to bankruptcy. I don't know about the US, but in the UK when a company goes into administration there is a compulsory investigation into its dealing for the three previous years, with all persons who held a directorial post over that period being obliged to make themselves available to the investigation. Any of the directors found to have knowingly acted against the interests of the company can be declared "unfit to hold a directorship" (or something to that effect) and barred from holding such a position in future. Presumably any such "bad" deal would also be investigated to check that it was legal. I expect something similar would be in effect in the US.
Now, looking at the Itec deal, that could be seen as suspect, because it transfers assets to one creditor therefore reducing payments to others. Even as Senior Secured Creditor, it is not clear if Itec are the sole creditor to hold that position, or if that entitles them to transfer assets to themselves without the agreement of the other creditors prior to bankruptcy proceedings.
The other potential motive involves the fairly reliable rumour that Ben Hermans of Hyperion was instrumental in securing Amiga Inc's original capital investment. Now, with Itec being original investors, it is not beyond the realms of possibility that there may be a connection between Mr Hermans and Itec. Since Hyperion have a strong motive for divorcing AmigaOS from the trouble of Amiga Inc, I don't think I need spell out the possible conspiracy theories.
Now, with KMOS having no trading record and there being no evidence of considerable amounts of money having changed hands, one cannot help but wonder if this isn't just another step in distancing the IP from the Amiga company. (In fact, didn't the amiga.com announcemnt state that KMOS acquired Itec? Mr Hare says there is no formal relationship between KMOS and Itec. One of them would seem to be wrong...)
Yes, it's all just a conspiracy theory, but they sometimes turn out to be right. Certainly it is not a scenario that can be dsicounted out of hand without more evidence than is available to us now.