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      /  Hyperion Entertainment is not bankrupt
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PosterThread
ribdevil 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 11:47:52
#1461 ]
Regular Member
Joined: 22-Jan-2010
Posts: 260
From: Vigo - Galicia - Spain

@pavlor

+1

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agami 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 11:51:27
#1462 ]
Super Member
Joined: 30-Jun-2008
Posts: 1648
From: Melbourne, Australia

@Overflow

Essentially, no person is responsible for another's emotional state.

Protagonists/antagonists, they're just labels one places on others as an expression of their own emotional state.

There are many quotes from notable people throughout history that touch on this, my favourite being from Eleanor Roosevelt; “No one can make you feel inferior without your consent."

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mr2 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 11:54:34
#1463 ]
Cult Member
Joined: 3-Feb-2004
Posts: 691
From: Poland

@pavlor

Hmmm...good will, I would say...

We should reconsider our politeness, too

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Sam440ep-flex 800MHz 1GB RAM R9250 128MB SB Live!

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broadblues 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 15:58:33
#1464 ]
Amiga Developer Team
Joined: 20-Jul-2004
Posts: 4446
From: Portsmouth England

@thead

I aplogise for this blatant on topic post:

Contrary to some news items posted on certain websites, Hyperion Entertainment CVBA is not in a state of bankruptcy. Due to an unfortunate set of cirucmstances, the company was temporally listed as "bankrupt" despite the fact that the conditions for bankruptcy were never met and that in the eyes of the law, the company was never bankrupt. ...

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BroadBlues On Blues BroadBlues On Amiga Walker Broad

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Boot_WB 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 16:37:25
#1465 ]
Super Member
Joined: 14-Feb-2006
Posts: 1134
From: Kingston upon Hull, UK

@broadblues

Lawyers and semantics.

Whilst the company is left with a record of not having ever been in a state of bankruptcy, it would be incorrect to state that it was never in a state of bankruptcy.

The use of the present tense to describe the current history vs the use of the past tense to describe historical events.

Interesting to see Hyperion is looking for investors, and seeking a new Executive Director.

Outside cash and new leadership required.

_________________
Troll - n., A disenfranchised former potential customer who remains interested enough to stay informed and express critical opinions.
opp., the vast majority who voted silently with their feet.

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OlafS25 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 16:43:10
#1466 ]
Elite Member
Joined: 12-May-2010
Posts: 6338
From: Unknown

@broadblues

you are welcome

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TiredofLife 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 17:39:50
#1467 ]
Super Member
Joined: 6-Jul-2005
Posts: 1702
From: Here

@broadblues

[quote]
broadblues wrote:
@thead

I aplogise for this blatant on topic post:

Contrary to some news items posted on certain websites, Hyperion Entertainment CVBA is not in a state of bankruptcy. Due to an unfortunate set of cirucmstances, the company was temporally listed as "bankrupt" despite the fact that the conditions for bankruptcy were never met and that in the eyes of the law, the company was never bankrupt. ...

[/quote

Not good enough, keep your apologies.
Report button hit.

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If your nose runs and your feet smell, you're upside down.

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TRIPOS 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 18:09:48
#1468 ]
Super Member
Joined: 4-Apr-2014
Posts: 1205
From: Unknown

@broadblues

"Development of AmigaOS 4 (which recently culminated in the release of AmigaOS 4.1 Final Edition) is and has been ongoing albeit that some resources had to be directed away to support the upcoming hardware of A-EON Technology."

Meaning:

= at least someone continued to do some work, even though...
= money was scarce, and because of this...
= money was removed from something/someone in order to be put elsewhere, effectively meaning that...
= something/someone actually didn't get the money that was "directed away"

All of us who has been following Hyperion on other sites than this has known for a long time about Hyperion's financial troubles. Hadn't moobunny been terminated I could have pointed you to a post made more than a year ago with information and copies of official authority records showing that Hyperion didn't even have enough revenue to be entitled to having a VAT registration. And that was more than a year ago. The bankruptcy of 27-01-2015 did not come as a surprise to all of us.


"The company is in the process of reorganizing itself by opening up its shareholdership and appointing a new exective director. More details on that will follow when all legal formalities are behind us."

Meaning:

= Hyperion is being restructured as a result of the bankruptcy, effectively meaning that...
= there are/will be new owner situation behind Hyperion, and as a natural following to this...
= there will be a new management of Hyperion, and...
= the restructuring process is ongoing and not yet finished

Restructuring, changes of ownership situation, changes in management, etc are very common outcomes of bankruptcies. Something that happened to Hyperion on 27-01-2015. As number6 pointed out earlier, the official bankruptcy records hasn't been changed or "normalized" yet. Well, nothing strange in this if the process hasn't yet been fully settled.

---

It's a pity that moobunny disappeared. It was always at that place that independent information about changes in ownership and management situation first became known to the public (at least those interested). Like A-Eon/AmigaKit for example. There was always someone prepared to pay the fees of getting current reports from formal databases and sharing them with the rest.

Maybe number6 can stay on this case, and report back about any new owners to the rest of us here?


@Boot_WB

Quote:

Boot_WB wrote:

Lawyers and semantics.

Whilst the company is left with a record of not having ever been in a state of bankruptcy, it would be incorrect to state that it was never in a state of bankruptcy.

The use of the present tense to describe the current history vs the use of the past tense to describe historical events.


It's all part of the historical revisionism that's going on here.

Everyone with a reeding ability and an IQ above a potato can see that Hyperion was listed as being bankrupt between 27-01-2015 and (at least) 02-04-2015. It was so. Really.

I can only think of one reason to why this "Hyperion was never bankrupt" is so important to hammer in by some people, and that is that a state of bankruptcy would/could cancel the license Hyperion took from Amiga Inc in the lawsuit of 26-04-2007.

That, and possibly other licenses as well.

Quote:
Interesting to see Hyperion is looking for investors, and seeking a new Executive Director.

Outside cash and new leadership required.


This is a direct result of the bankruptcy that never happened to Hyperion.

It's like in "1984", where "We've always been at war with Eastasia" -- it only takes a little doublethink for it to be accepted and be swallowed down!

Last edited by TRIPOS on 12-Apr-2015 at 06:43 PM.

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TRIPOS 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 18:13:20
#1469 ]
Super Member
Joined: 4-Apr-2014
Posts: 1205
From: Unknown

@OlafS25

Quote:

sundown wrote:
@OlafS25

You need to edit the thread title.



You need to edit the thread title.

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sundown 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 19:49:39
#1470 ]
Elite Member
Joined: 30-Aug-2003
Posts: 5120
From: Right here...

@TRIPOS

A title change ONLY affects post #1, which is what ppl will see on the front page, it will not filter down to any other posts. Showing a positive title on the front page vs negative is always a worthy goal.

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Hate tends to make you look stupid...

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Hyperionmp 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 20:52:45
#1471 ]
Hyperion
Joined: 8-Mar-2003
Posts: 502
From: Unknown

@TRIPOS

No change of ownership, sorry. No assets were sold, transferred or encumbered by liens. No licences granted. I could go on. Our ability to proactively counter conspiracy theories is limited so it seems ;)

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Mikey_C 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 20:57:25
#1472 ]
Elite Member
Joined: 7-Mar-2003
Posts: 3060
From: Unknown

@Hyperionmp

Why bother? It doesn't matter what you say, some people will twist it and continue to spread FUD. Just go about your Business, keeping the Amiga flame alive

That's all I'm saying on this thread, too much has been said already, most of it, possibly including mine, next to useless and downright boring


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ExiE 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 21:05:42
#1473 ]
Regular Member
Joined: 18-May-2004
Posts: 450
From: Czech Amiga News

@Hyperionmp
Quote:
No change of ownership, sorry. No assets were sold...

It is good to hear there are still some assets after all. On the other hand, if there are no assets anymore, there is nothing that could be sold and the statement would be still valid Hmpf. Just kidding.

Last edited by ExiE on 12-Apr-2015 at 09:08 PM.
Last edited by ExiE on 12-Apr-2015 at 09:07 PM.

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Wizzard_o 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 21:23:41
#1474 ]
Cult Member
Joined: 14-Sep-2004
Posts: 701
From: UK, Northern Hemisphere, Earth, Solar System, Alpha Quadrant, The Milky-Way, Universe. 1.1.1.3.44.HP

@Thread

Wow, this thread took up too much of my time and I want it back!




...oh hell i'd only waste it anyway

_________________
Rev 1D3 Amiga 1200, Apollo 1240 (40Mhz '040, 64MB RAM), Indivision MKII, Fast ATA MK V, Rapid Road USB, PCMCIA WIFI & OS 3.14

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BigD 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 21:35:39
#1475 ]
Elite Member
Joined: 11-Aug-2005
Posts: 7322
From: UK

@Hyperionmp

Quote:
No change of ownership, sorry. No assets were sold, transferred or encumbered by liens. No licences granted. I could go on. Our ability to proactively counter conspiracy theories is limited so it seems ;)


There you go. There is nothing to see here. Pack up and go home. Hyperion's service has returned to normal. OS4.1 FE on new AmigaOnes upcoming

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"Art challenges technology. Technology inspires the art."
John Lasseter, Co-Founder of Pixar Animation Studios

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TRIPOS 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 22:12:12
#1476 ]
Super Member
Joined: 4-Apr-2014
Posts: 1205
From: Unknown

@Hyperionmp

Quote:

Hyperionmp wrote:
@TRIPOS

No change of ownership, sorry.


Shareholders = owners. If at time A) there are some certain owners/shareholders, and at time B) the company has been reorganized by opening up the shareholdership, then there has been some kind of a change between A and B.

If shareholders are added, removed, or if the shareholders are the same but their respective amount of shares are reallocated between them, then there has been some kind of change of ownership, and we have a new owner situation.

It is what it is.

Quote:
No assets were sold, transferred or encumbered by liens.




Huh?! I never claimed that. Are you making up questions/statements that you can answer?

Quote:
No licences granted.


What?!??



Quote:
I could go on.


Please "go on" by staying focused on what's actually being discussed instead of "going on" making up imaginary ghosts to fight.

Quote:
Our ability to proactively counter conspiracy theories is limited so it seems ;)


I see no conspiracy theories, I only see this:

"albeit that some resources had to be directed away"

"The company is in the process of reorganizing itself"

"by opening up its shareholdership"

"and appointing a new exective director"

Your own(?) words. Right? From Hyperions news section!

Let's "go on" discussing THIS, shall we?

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TRIPOS 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 22:31:35
#1477 ]
Super Member
Joined: 4-Apr-2014
Posts: 1205
From: Unknown

@sundown

Quote:

sundown wrote:
@TRIPOS

A title change ONLY affects post #1, which is what ppl will see on the front page, it will not filter down to any other posts. Showing a positive title on the front page vs negative is always a worthy goal.


Mmmmm, "going back in time" changing what was written then to make things look better now...





(Scratch, Scratch)

SHOULD read: "Miniprod Forecasts Increase Chocolate Ration, from 25 Grams to 30 Grams Per Week"

Doubleplus good forum policy!

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sundown 
Re: Hyperion Entertainment bankrupt?
Posted on 12-Apr-2015 23:55:15
#1478 ]
Elite Member
Joined: 30-Aug-2003
Posts: 5120
From: Right here...

@TRIPOS

Quote:
Doubleplus good forum policy!

Glad you approve, does my heart good to see you so humbled...

_________________
Hate tends to make you look stupid...

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agami 
Re: Hyperion Entertainment bankrupt?
Posted on 13-Apr-2015 3:19:36
#1479 ]
Super Member
Joined: 30-Jun-2008
Posts: 1648
From: Melbourne, Australia

@TRIPOS

I wonder how much of the content would be revised if Hyperion Entertainment owned this forum site.

Terms like negative and positive are highly subjective. If someone is going to change the title now that we have 1477 posts of hindsight, I have a few suggestions:

a) Company director continues with double-speak to mask true status of organisation

b) Company representative endorses less-than ethical operations

c) Amiga community supremely interested in core computing assets

d) Select Amiga community members prepared to swallow company line

e) Freedom of speech/press threatened by corporate image concerns

f) The meaning of 'forum' brought into question by perception concerns

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ne_one 
Re: Hyperion Entertainment bankrupt?
Posted on 13-Apr-2015 4:11:54
#1480 ]
Cult Member
Joined: 13-Jun-2005
Posts: 905
From: Unknown

@agami

g) Where there's smoke, there's fire. -American Proverb



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