Click Here
home features news forums classifieds faqs links search
6071 members 
Amiga Q&A /  Free for All /  Emulation /  Gaming / (Latest Posts)
Login

Nickname

Password

Lost Password?

Don't have an account yet?
Register now!

Support Amigaworld.net
Your support is needed and is appreciated as Amigaworld.net is primarily dependent upon the support of its users.
Donate

Menu
Main sections
» Home
» Features
» News
» Forums
» Classifieds
» Links
» Downloads
Extras
» OS4 Zone
» IRC Network
» AmigaWorld Radio
» Newsfeed
» Top Members
» Amiga Dealers
Information
» About Us
» FAQs
» Advertise
» Polls
» Terms of Service
» Search

IRC Channel
Server: irc.amigaworld.net
Ports: 1024,5555, 6665-6669
SSL port: 6697
Channel: #Amigaworld
Channel Policy and Guidelines

Who's Online
20 crawler(s) on-line.
 156 guest(s) on-line.
 1 member(s) on-line.


 Gunnar

You are an anonymous user.
Register Now!
 Gunnar:  3 mins ago
 pixie:  1 hr 23 mins ago
 DiscreetFX:  2 hrs 2 mins ago
 DWolfman:  2 hrs 12 mins ago
 cncparts:  3 hrs 45 mins ago
 saipaman4366:  4 hrs 31 mins ago
 Beajar:  4 hrs 50 mins ago
 Rob:  4 hrs 53 mins ago
 agami:  5 hrs 56 mins ago
 RobertB:  6 hrs 16 mins ago

/  Forum Index
   /  Amiga General Chat
      /  First round goes to Hyperion
Register To Post

PosterThread
T_Bone 
Re: First round goes to Hyperion
Posted on 17-Jun-2007 22:39:39
#1 ]
Elite Member
Joined: 11-Sep-2003
Posts: 3043
From: here To: there

@samface

Quote:

AMiGR wrote:
@samface

Quote:
Now you finally have a point where I might even be inclined to agree. The assets should be sold for a reasonable market value since the point with selling off assets of an insolvent company would be to pay debts, now wouldn't it? About those remaining debts, however, how do we know that they haven't been paid? And if they really are not paid, why haven't anyone filed for a chapter 11 bankrupcy yet?[


Because the people who are owed have already said that they've never seen a penny of it.


And Amiga Washington is no more.

Which means that:

A) The assets sold for less than the debts (Insolvent)

B) The assets sold for more than the debts and the money was left in someone's pants while doing laundry?

If they weren't insolvent, where's the money? Amiga Washington doesn't have it.

You have to list debts on a form when you dissolve a Corporation. I wonder if they were listed? Someone should check to see if the documentation is public.


_________________
"If you want to tell people the truth, make them laugh, otherwise they'll kill you." - Oscar Wilde

 Status: Offline
Profile     Report this post  
 Top | Parent



[ home ][ about us ][ privacy ] [ forums ][ classifieds ] [ links ][ news archive ] [ link to us ][ user account ]
Copyright (C) 2000 - 2019 Amigaworld.net.
Amigaworld.net was originally founded by David Doyle