AmigaDE for Pegasos PPC website

[dammy]

by mantisspider on 2003/11/30 7:33:27

It seems that even with the sales of the AmigaOne it may be too late to save Amiga Inc (although Hyperion and Eyetech will carry on regardless with the AmigaOne no matter what happens to AmigaInc) the important discussions should be with TAO.

No, that's not correct.  Once Amiga Inc goes into bankruptsy, Hyperion/Eyetech will have to make a new seperate bid for the Amiga trademark to continue to hock the teron mobos as AmigaOne.  If someone out bids them, they can no longer use Amiga Inc logo or trademarks (if Amiga Inc owns the latter, don't think it's been cleared up yet by the US Government on trademark ownership).  Yes, Hyperion/Eyetech can continue on selling their wares, but would not be able to use anything related to Amiga Inc's old IP.  

Dammy

[Coder]

@ FuZion

I see a LOT of people here blasting about how crap DE is (It's not even here) whereas I think the theory of it is fantastic.

You said it, in theory. After such a time period it should have shown it's power.

Coder

[bbrv]

Hi Coder and FuZion...

Yes, it is all becoming more of an XSLENT idea.

Follow the link to know more...;-)

R&B  :-)

[Step]

If .inc would be close to bancruptcy and the IP and name could be sold off, surely they would sell it to Hyperion/Eyetech just for the heck of it. Assuming the stockholders appprove. Something like Be did to Palm, altough the name got ditched in the process so to speak.

But, if both Amiga and Genesi does not approve of the terms of the contract, why not nullify it, surely that would be possible under US law ?, or is it just mischief on Genesi's side after all ?

[Glaucus]

No, that's not correct. Once Amiga Inc goes into bankruptsy, Hyperion/Eyetech will have to make a new seperate bid for the Amiga trademark to continue to hock the teron mobos as AmigaOne.

It is my understanding that Hyperion had it worked into their contract with Amiga Inc that the OS that they are developing will be called AmigaOS regardless of what happens to Amiga Inc. In otherwords, Amiga Inc could go out of business tomorrow, Hyperion's AmigaOS 4 will not need a new name. Not sure about the AmigaOne though.

  - Mike

[dammy]

by Glaucus on 2003/11/30 12:03:50

It is my understanding that Hyperion had it worked into their contract with Amiga Inc that the OS that they are developing will be called AmigaOS regardless of what happens to Amiga Inc. In otherwords, Amiga Inc could go out of business tomorrow, Hyperion's AmigaOS 4 will not need a new name. Not sure about the AmigaOne though.

What Ben didn't realize at the time, that contract is void once the bankruptsy in US court is underway.  ALL contracts are voided the moment the US Federal Court gets it's mits on Amiga Inc's assets.  With the exception if it's profitable to those who have judgements and to the creditors for an existing contract to continue, it's voided on the spot.  The court is there to insure those who are owed judgements and the creditors get the maximum possible amount of monies back.  In either case,  Hyperion is SOL.

Guess we see why Ben has focused on money making instead of OS4?

Dammy

[Kronos]

@Step

Be isn't bancrupt, they just sold themselves to Palm.

It ain't the shareholders but the creditors who would make such a descicion
after AInc are declared bancrupt. Those will sell to the one offering the most.

[dammy]

by Step on 2003/11/30 11:58:06

If .inc would be close to bancruptcy and the IP and name could be sold off, surely they would sell it to Hyperion/Eyetech just for the heck of it. Assuming the stockholders appprove.

They wouldn't be allowed to by US Code for bankruptsy.  That's sheilding assets.  At best, the Judge would just void it and award the IP back to the court appoint administrator for liquidation.  At worst, criminal charges/referrals could be sent to US Grand Jury.  Atleast then McEwen could get his medicle needs taken care of, free of charge! =)

Dammy

[Step]

@Kronos
I did not say Be was bancrupt, neither is Amiga. What i was saying was that if they saw the end nearing, they could sell out to their partners, under certain circumstances of course. As one of the shareholders of Be i should know ;-) still waiting for the final closure so i can get some cash back on my taxes for the losses.

[bhoggett]

@bbrv

The point is why couldn't MONO head off in its own direction. BTW, did you notice that the contact information goes to a ximian email address!

It could go in its own direction, but that would be counter-productive unless its adoption starts to rival that of the Microsoft original.

The Ximian connection comes from the fact that they were instrumental in starting the MONO project, long before Novell entered they picture.

...and consequently Novell (and IBM) are involved. PowerPC is to be fully supported. It is partially today.

The idea behind such technologies is to make them hardware agnostic.

[bbrv]

Exactly!

Wasn't that the whole idea?!  :-o

R&B  :-D

[Kronos]

@Step

Selling an asset at a time when they allready know that they won't make it
is a crime (defrauding their creditors). Be was never in such a position, as
their creditors were served by Palm.

[GGS]

Hi Step :-)

Well, I said I shouldn't write more, but anyway, something fun can't hurt :-)

#
If .inc would be close to bancruptcy and the IP and name could be sold off, surely they would sell it to Hyperion/Eyetech just for the heck of it. Assuming the stockholders appprove. Something like Be did to Palm, altough the name got ditched in the process so to speak.

---
Why speculating in if a-inc will go bankrupt or no ? Do you think they are ?

#

But, if both Amiga and Genesi does not approve of the terms of the contract, why not nullify it, surely that would be possible under US law ?, or is it just mischief on Genesi's side after all ?

---

Who should gain from that ?

Also, when reading the thread here, and what some people writes, I got the impression that some people thinks its bad for the company Amiga Inc having contracts. Why is that ? :-)

[AmiGR]

They can't as they have outstanding debts. You cannot avoid bankruptcy like that.
Except if the one that buys your company pays all
the debts. I seriously doubt that Hyperion or Eyetech
would pay almost 2 million dollars.

[Step]

@GGS (Hej)

No, i dont think they will go bancrupt, but it looks as if it is a common belief and i was merely hinting at other possible events.

They both should be gaining from it since they dont agree, and it would make atleast one problem go away.

@all

Be was heading for bancruptcy in the long run, as Gasée said, they had a lot more expenses than they had money coming in. A lot of people lost a lot of money when they sold out, during the phone conference before the vote, i think a guy mentioned he had bought something along 50.000 shares and he was NOT happy.

[GGS]

Hi again !

> No, i dont think they will go bancrupt, but it looks as if it is a common belief and i was merely hinting at other possible events.

Ok. Any more possibilities ?

> They both should be gaining from it since they dont agree, and it would make atleast one problem go away.

So you think the contract is a problem then ?

What is the problem ?