Hyperion bankrupt?

[QuikSanz]

@amigadave,

Yup!

[Yasu]

This thread will surely turn out to be nothing but speculation and over reaction to an oversight, plus many assumptions.

Never the less, I have moved my portion of any further car talk to PM prior to your above request.

In what universe is being declared bankrupt by a court an oversight? In Hermans?

[Kremlar]

In what universe is being declared bankrupt by a court an oversight? In Hermans?

Yep.  If they somehow pull out of this it won't be long, unless Ben Hermans has a lot more money he wants to burn through.

I mean, how much $ are they possibly bringing in?

[amigadave]

In what universe is being declared bankrupt by a court an oversight? In Hermans?

Do you know what events led up to the judgement?  Do you know that Hyperion was aware of the proceedings, so they could defend their position?  In many places, when one party or the other does not show up in court, a judgement against them is automatic.

I don't have the facts, but have read some unconfirmed reports that court notices may have been delayed from reaching the people who could have stopped this from happening.  I reluctantly share this info, as I don't like to spread unconfirmed information (rumors), until I know the facts.  I encourage everyone to calm down until we know more FACTS!

[kolla]

I may be repeating myself, but ... :banana::banana::banana::banana: haven't had so much amitainment for years

[modrobert]

Maybe I missed the posts on this, but where did Hyperion actually provide any help on this at all?  From what I've seen they've been actively opposed to it (like that poor guy with his D-UAE thing recently).  I thought it was all the author (authors?) of WinUAE who did all the work.

Not trying to start a flame-war, just curious!  

Yes, this is possible due to the PPC support added by Toni Wilen.

WinUAE 3.0.0 (17.12.2014)
==========================

New emulated hardware:

- PPC CPU emulation. CyberStorm PPC and Blizzard PPC boards emulated
  using QEMU PPC core, on-board SCSI supported.
- Other accelerator boards emulated (Blizzards, CyberStorms, Warp
  Engine, TekMagic, A2630), including on-board SCSI if available.
- More SCSI expansion boards emulated (Fastlane, Oktagon, Blizzard Kit IV)
- CD32 Full Motion Video cartridge emulation.
- CDTV-CR emulation.
- A590 XT hard drive emulation.

[Matt_H]

Aww, I liked the car talk in this thread. It was a nice way to break up the monotony of the usual tin foil hat conspiracy stuff that usually comes up when talking Amiga-related business arrangements

It bears repeating: bankruptcy does not necessarily equal out of business. For instance, Kodak recently declared bankruptcy, restructured, and came out of it. RadioShack just declared bankruptcy and is attempting to restructure (whether they'll be successful remains to be seen) but for the moment their day-to-day operations are proceeding normally. Commodore filed under s different part of the US bankruptcy code and went straight to liquidation.

There's so much speculation flying around, but I'm leaning towards this being an administrative mix up. For Kodak, RadioShack, and Commodore, the writing was on the wall for months or years before the bankruptcy. We haven't seen that here  with Hyperion - and remember they just launched a new product which would have required cash on hand to manufacture. We know that OS4 revenues are minuscule and any "normal" business would have gone bust long ago. The fact that they've held on this long suggests to me that they are a very non-traditionally structured business with very low overhead. (We know that virtually all OS4 development is by volunteers.) An administrative error in those circumstances seems very possible.

[QuikSanz]

@Matt_H,

[Oldsmobile_Mike]

RadioShack just declared bankruptcy and is attempting to restructure (whether they'll be successful remains to be seen)

Radio Shack is closing thousands of stores.  The ones near me have already closed.  The ones that are remaining open are being bought by Sprint, although they're going to brand them Sprint-Radio Shack.  That's the most recent I've heard.  Sucks, but they haven't sold anything of interest to me there in years.  Just would drop in for the occasional cable if I needed it "right away" for a job.  

[Plaz]

guys you really think A-Eon & Amigakit didn't know this was coming for a while now?

One company hide their financials from another company? Nah, that never happens.

Plaz

[Hattig]

Given how tiny the company is, I can imagine that an administrative oversight (late filing of taxes, missing an automated payment for a bill, etc) could have led to this.  I agree that it's best to wait for more details.

[Kronos]

For Kodak, RadioShack, and Commodore, the writing was on the wall for months or years before the bankruptcy. We haven't seen that here  with Hyperion - and remember they just launched a new product which would have required cash on hand to manufacture.

Actually the writings have been on the wall for quite some time, it's just that some refused to look.

Hey one might even argue that this outcome was predictable form day one and only the massive delay is thze suprise....

As for Hyperion having just launched a product...... perfect time to go after outstanding debts (either directly or via a court).

[Manu]

That's your opinion.  Many would disagree.  
The reason I didn't buy a cheap PC to run Linux is because I don't want to run Linux, I want to run OS4 so that is the selling point that counts.

And in this sick community you could have a computer locked in a black box running OS4 and they couldn't tell a difference from a X1000 running OS4, but the moment you tell them it's in fact a Pentium IV running the x86 version of OS4 (made that up of course) they'd run away screaming and never come back. That's what's so sick about this PPC worshiping community.

[apa]

I hope that everythings ok with Hyperion, so that we can look forward to more releases.

(A few people in the thread (most not, thanks) seems almost happy if this were true - can't understand what you trolls are doing in an Amiga forum if you don't want the Amiga OS to continue be released.)

[OlafS3]

I hope that everythings ok with Hyperion, so that we can look forward to more releases.

(A few people in the thread (most not, thanks) seems almost happy if this were true - can't understand what you trolls are doing in an Amiga forum if you don't want the Amiga OS to continue be released.)

"Amiga" is not only "AmigaOS" today ...

[Yasu]

Do you know what events led up to the judgement?  Do you know that Hyperion was aware of the proceedings, so they could defend their position?  In many places, when one party or the other does not show up in court, a judgement against them is automatic.

I don't have the facts, but have read some unconfirmed reports that court notices may have been delayed from reaching the people who could have stopped this from happening.  I reluctantly share this info, as I don't like to spread unconfirmed information (rumors), until I know the facts.  I encourage everyone to calm down until we know more FACTS!

I'm just having a difficult time accepting the idea that Ben Hermans was one day going to work, whistling some peppy song because everything is going his way. He goes to the office, say hello to his coworkers and recieve the good news that AOS 4FE is selling well. And then he sees a letter at his desk, he opens it and see that the court of Belgium has for no reason at all decleared Hyperion bankrupt.
"There must be some mistake. Why haven't I heard of this matter before? We are paying our bills and our taxes and even making some money". He calls the court and the judge in question tells him:
"Oh, some guy sent us a letter the other day claiming he hasn't been paid and that you have no money to pay him. Because we are the court of Belgium, runned by third rate burocratic saps we of course believed him on the spot and without making any kind of investigation of the state of the company we declared it bankrupt. Because that's what we do. Are you now telling me he was lying? But ... he seemed so honest! I ... Oops, I did it again. File a complaint and maybe, just maybe, we will be nice enough to do our job and fix this. Unless we are out for lunch. Good bye."
Ben Hermans hang up the phone, he stands quiet for some very long seconds shaking, and then shouts "DAMN THIS THIRD WORLD COUNTRY AND IT'S LOUSY JURIDICAL SYSTEM!! DAMN YOU ALL TO HELL!!"

Sure, maybe they will rebound. It's perfectly possible. And I would welcome that for the sake of the community and all the people who wants to use and keep using their favourite OS. But let's face it, unless Belgium is like what I described above then this happened because the court did it's job and came to the conclusion after an investigation that yes, Hyperion is in their conclusion bankrupt.

[Edit] I also have a hard time believe that such a small company forgot to open or lost the hypothetical mail with the court hearing. My dad had a small company and he got some 30 mails a day. He opened all and read most of them. Especially if it seemed important.