Amiga, Bermuda, St Martins

[asian1]

>McEwen & St. Martins

Hi
There is a (fake?) email about McEwen receive
funding in St Martins Carribean. Is this a fake
e-mail, just a rumor or a true fact?
Carribean Island is famous as the centre of
money laundering operations for drug lords,  
foreign governments, and intelligence agencies.
Was the old Amiga Inc registered in Bermuda? (1983)

Who buy the half of Amiga Inc shares after Kouri
Capital went bankrupt? Some rogue financial
institution in St. Martins?

[odin]

The old Mehdi Ali&Co C= was officially based in Bermuda or the Cayman's or something like that. Apart from that no idea =).

[Lo]

I've lived in Bermuda for 2 years (1989-1991) and never heard of this. (Several of us "North" Americans had Amigas there.)

I only stayed on the French Side of St. Martin for 2 months, its a small Island.

[odin]

Ripped fromEmugaming:
--------------
On Friday April 29 at 4:10 P.M. Commodore filed for liquidation. Their announcement was short:
 
"Commodore International Limited announced today that it's Board of Directors has authorized the transfer of assets to trustees for the benefit of its creditor and has placed its major subsidiary, Commodore Electronics Limited, into voluntary liquidation. This is the initial phase of an orderly liquidation of both companies, which are incorporated in the Bahamas, by the Bahamas Supreme Court. This action does not affect the wholly-owned subsidiaries which include Commodore Business Machines (USA), Commodore Business machines LTD (Canada), Commodore/Amiga (UK), Commodore Germany, etc. Operations will continue normally."

If Commodore's liquidation had seemed like the death of a foster parent, the death of a real parent turned out to be even more painful. On June 20th, 1994, Jay Miner, the father of the Amiga died at the El Camino Hospital in Mountain View. He had been fighting against illness for a while, and eventually died from heart failure due to kidney complications.
------------

Okay it wasn't Bermuda but the Bahama's :-).

[dammy]

It was in the Bahamas, not Bermuda, IIRC.

Dammy

[Jagabot]

Actually most big business move something offshore to avoid taxes. Commodore was smart in the fact that they bought and sold all their product through their offshore parent company (who would make the lion's share of the profits) and then sell the products to their other country companies (IE Commodore USA or Commodore Canada) and operate those companies at a low profit margin to avoid paying much in taxes. I've worked for two companies that operated in a slimilar fashion in the past, we didn't sell drugs or train spys...

[Cyberus]

Bermuda is not in the Carribean is it?

[takemehomegrandma]

asian1 wrote:
>McEwen & St. Martins

Hi
There is a (fake?) email about McEwen receive
funding in St Martins Carribean. Is this a fake
e-mail, just a rumor or a true fact?
Carribean Island is famous as the centre of
money laundering operations for drug lords,  
foreign governments, and intelligence agencies.
Was the old Amiga Inc registered in Bermuda? (1983)

Who buy the half of Amiga Inc shares after Kouri
Capital went bankrupt? Some rogue financial
institution in St. Martins?

Are you referring to the post on ann.lu? Did you notice the dates (~April 18th, 2003)?

[Tigger]

asian1 wrote:
>McEwen & St. Martins

Hi
There is a (fake?) email about McEwen receive
funding in St Martins Carribean. Is this a fake
e-mail, just a rumor or a true fact?
Carribean Island is famous as the centre of
money laundering operations for drug lords,  
foreign governments, and intelligence agencies.
Was the old Amiga Inc registered in Bermuda? (1983)

The letter is part of a filing by Thendics lawyer, it is in no way fake.  Since Amiga Inc never recieved money from any of their "coming real soon" announcements, I dont think it matters if they were going to get money from St Martin or not, they havent received funding for years and there is no reason to believe that there claim of funding from November is any more valid  
      -Tig