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      /  Sub-thread concerning comments mad in Amiga inc Hires Jamie Krueger
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PosterThread
damocles 
Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie Krueger
Posted on 1-Feb-2008 12:42:13
#1 ]
Super Member
Joined: 22-Dec-2007
Posts: 1719
From: Unknown

@pixie

Quote:
Those interests would be Hyperion paying Amiga Inc, Do you buy a car pay 90% and then say:

- Well sir with time this money I gave you pay itself out?


Unless there is a prior agreement that the money goes into escrow the entire time and merchandise did not change hands, you bet there is interest coming back after a given time period (Tig says 90 days for WA, which sounds about right). Four years? Oh, there is going to be ALOT of interest payments piled up.

Years ago I won a court case against my former business partner. Under FL law, 10% APR piled up for five years till I got my money back.

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Replies
SubjectPosterDate
      Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie KruegerLou1-Feb-2008 13:25:03
          Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie KruegerTigger1-Feb-2008 14:29:51
          Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie Kruegerdamocles1-Feb-2008 14:31:16


PosterThread
Tigger 
Re: Sub-thread concerning comments mad in Amiga inc Hires Jamie Krueger
Posted on 1-Feb-2008 14:31:40
#1 ]
Elite Member
Joined: 2-May-2003
Posts: 2097
From: Rocket City, USA

@pixie

Quote:

pixie wrote:

The 25K in 2007 is way beyond the 6 month clause which both as agreed on...


Actually its 5 days before the 6 month clause, which is why they paid it then, and its after they have paid them over 40K already.
-Tig

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We played the first thing that came to our heads, it just happened to be the best song in the world.

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