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OlafS25
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-Nov-2021 14:54:32
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Elite Member  |
Joined: 12-May-2010 Posts: 6261
From: Unknown | | |
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| @AP
Sorry that sounds a little like someone predicting a meteorite is hitting the earth and then jumps full of joy when it really happens 
I think this person is right now the biggest obstacle against any progress on OS4... on the other hand I do not really care  |
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AP
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-Nov-2021 15:00:55
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Cult Member  |
Joined: 31-Jul-2003 Posts: 617
From: Vienna/Austria | | |
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| @OlafS25 Just saying 😉
_________________ AmigaOne X5000/40, 2.2 Ghz, 4 GB RAM, Radeon R9 280X, M-Audio Revolution 5.1, 240 GB SSD |
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FairBoy
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-Nov-2021 15:04:18
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Joined: 8-Jun-2020 Posts: 69
From: Unknown | | |
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| @AP Quote:
Julian Assange of Amiga-"journalism" |
If you replace "Assange" by "Reichelt" you're probably hitting the nail with much higher precision. |
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AP
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-Nov-2021 15:39:02
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Joined: 31-Jul-2003 Posts: 617
From: Vienna/Austria | | |
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| @FairBoy: Good point _________________ AmigaOne X5000/40, 2.2 Ghz, 4 GB RAM, Radeon R9 280X, M-Audio Revolution 5.1, 240 GB SSD |
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number6
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 6-Sep-2022 2:10:37
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Elite Member  |
Joined: 25-Mar-2005 Posts: 11534
From: In the village | | |
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| @thread (only for those who follow the numbers)
Although Hyperion to date through Bofidi has still not filed its accounts for the year 2021, Ben Hermans now has filed for 2021.
Source
#6
_________________ This posting, in its entirety, represents solely the perspective of the author. *Secrecy has served us so well* |
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MEGA_RJ_MICAL
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 6-Sep-2022 2:28:50
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Super Member  |
Joined: 13-Dec-2019 Posts: 1200
From: AMIGAWORLD.NET WAS ORIGINALLY FOUNDED BY DAVID DOYLE | | |
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| Any document that contains words such as
AARDERINGSREGELS
and
MAATSCHAPPELIJKE
is certain to receive my attention. And Yog-Sothoth's.
/MEGA!!!! _________________ I HAVE ABS OF STEEL -- CAN YOU SEE ME? CAN YOU HEAR ME? OK FOR WORK |
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kolla
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 6-Sep-2022 22:44:00
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Elite Member  |
Joined: 21-Aug-2003 Posts: 2601
From: Trondheim, Norway | | |
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| @EGA_RJ_MICAL
It is all floccinaucinihilipilification, et spiritus sanctus… _________________ B5D6A1D019D5D45BCC56F4782AC220D8B3E2A6CC |
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MEGA_RJ_MICAL
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 7-Sep-2022 0:28:03
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Joined: 13-Dec-2019 Posts: 1200
From: AMIGAWORLD.NET WAS ORIGINALLY FOUNDED BY DAVID DOYLE | | |
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| @kolla
Friend Kolla, do you realize that term is actually quite relevant here?
the action or habit of estimating something as worthless..
Pretty fitting for Hyperion, I'd say!
/Mega! _________________ I HAVE ABS OF STEEL -- CAN YOU SEE ME? CAN YOU HEAR ME? OK FOR WORK |
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number6
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 4-Oct-2022 16:01:48
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Joined: 25-Mar-2005 Posts: 11534
From: In the village | | |
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number6
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 14-Oct-2022 18:47:07
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Elite Member  |
Joined: 25-Mar-2005 Posts: 11534
From: In the village | | |
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| @thread
Re:prior posts
There was a lot to read and understand, but this seems to be the upshot:
https://twitter.com/amigadocuments/status/1578219602630397956?cxt=HHwWiMC-hb2X--YrAAAA
I have no way to determine whether the minority share holders either relinquished their shares, had them merely removed through some means, etc.
Perhaps we'll get some clarity after the shows.
#6
_________________ This posting, in its entirety, represents solely the perspective of the author. *Secrecy has served us so well* |
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matthey
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 14-Oct-2022 22:00:50
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Joined: 14-Mar-2007 Posts: 1749
From: Kansas | | |
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| #6 Quote:
I have no way to determine whether the minority share holders either relinquished their shares, had them merely removed through some means, etc.
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The other Hyperion shareholders were Timothy De Groote and Trevor Dickinson? I suppose it is possible they relinquished their shares as Ben Hermans increases business capital while indirectly paying himself for legal services which dilutes their shares while distributing cash to himself instead of paying a dividend which would go to all shareholders. I don't know if it is possible for Ben to gain 100% ownership from diluting their shares so far that they round to 0% (depends on local business laws?). The advantages of relinquishing their stock that I can see would be to try to disassociate from Hyperion but I doubt this provides legal protection from existing lawsuits. It could be useful in Trevor's situation to try to repair his Amiga image and hide his involvement with Hyperion. The other advantage is just simpler taxes which probably applies more to Timothy than Trevor who likely needs a tax preparer anyway. I would think Timothy would hold out trying to get payed for his shares though. It is possible that Ben has diluted them down far enough that they are more than willing to be bought out before their ownership was diluted further. As majority owner, Ben should be able to force them to sell their shares although resorting to this is a pain (may need a business appraisal and long legal process). Hyperion has cash from 68k AmigaOS sales so could have simply bought them out which simplifies ownership. Maybe Ben obtained 100% ownership to make a strategic move with Hyperion which it would simplify, especially where Timothy and Trevor may not be cooperative after having their ownership diluted while Ben indirectly receives cash from Hyperion. Their ownership was more like a lien for debts owed anyway. Liens are payed off before strategic business moves. It may be a sign that something is happening with Hyperion like selling the business or a merger.
#6 Quote:
Perhaps we'll get some clarity after the shows.
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Yes, maybe it is a positive sign that the Amiga businesses are finally back to the bargaining table about the lawsuits and trying to work out some kind of deal. An Amiga show would be a good place to finalize any deals and make announcements.
Last edited by matthey on 14-Oct-2022 at 10:04 PM.
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number6
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 14-Oct-2022 23:43:27
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Elite Member  |
Joined: 25-Mar-2005 Posts: 11534
From: In the village | | |
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| @matthey
I admire your optimism, but frankly when I referred to clarity I did and do not expect that to be uttered in public. Perhaps during those late night drinking sessions at AmiWest? (evil grin)
#6 _________________ This posting, in its entirety, represents solely the perspective of the author. *Secrecy has served us so well* |
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MEGA_RJ_MICAL
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 15-Oct-2022 2:05:28
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Super Member  |
Joined: 13-Dec-2019 Posts: 1200
From: AMIGAWORLD.NET WAS ORIGINALLY FOUNDED BY DAVID DOYLE | | |
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| Quote:
matthey wrote:
The conflict between J.R. and Bobby escalates when Bobby refuses to step down as president of Ewing Oil. Jock finds himself caught in the middle of the conflict between his two sons but after Miss Ellie demands that Bobby stay in Dallas Jock supports Bobby. Bobby seems to be doing a better job for Ewing Oil, even making a deal for Venezuelan oil to the new refinery, but quickly discovers he's being undercut in Dallas' business community by a vengeful J.R. Pam continues to search for her mother. Lucy introduces Mitch to her friends with disastrous results. The sinking of an oil tanker and the loss of 600,000 gallons of crude oil has J.R. delighted, but to Bobby, it is only an inconvenience. Then he discovers that the oil was not insured and the loss could total over $18,000,000 for Ewing Oil. Ray greets a very unwelcome guest, his father, whom he hasn't seen or heard from since he was a kid. Amos Krebbs has some very disturbing news for the entire Ewing family: Ray's biological father is Jock Ewing!
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https://www.youtube.com/watch?v=4vZNWdFd1UM
_________________ I HAVE ABS OF STEEL -- CAN YOU SEE ME? CAN YOU HEAR ME? OK FOR WORK |
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matthey
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 15-Oct-2022 3:54:32
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Super Member  |
Joined: 14-Mar-2007 Posts: 1749
From: Kansas | | |
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| @MEGA_RJ_MICAL Please, I didn't write that. I'm enough of an oil man myself to spot oil in "gallons" which is suspect. Oil is sold in barrels which are 42 gallons.
600,000/42=14,285 barrels of oil
$18,000,000/14,285=$1260/barrel
That is some high priced oil even by today's standards. The "gallons" should be barrels.
$18,000,000/600,000=$30/barrel
That sounds cheap but WTI oil futures for May 2020 hit -$40/barrel on April 20, 2020 allowing Trump to cheaply fill up the U.S. Strategic Petroleum Reserve (SPR). Two years later under Biden the WTI spot price is about $86, the SPR is about 40% depleted and we have 8.2% inflation. No worries though. Democrats passed the Inflation Reduction Act which is more spending on green energy and taxation.
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number6
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-May-2023 5:59:15
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Elite Member  |
Joined: 25-Mar-2005 Posts: 11534
From: In the village | | |
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| @all
I suppose this could be it's own thread, but it does seem to fit within this current topic:
https://twitter.com/amigadocuments/status/1654343753404956673
Any comments from the elite?
#6 _________________ This posting, in its entirety, represents solely the perspective of the author. *Secrecy has served us so well* |
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pixie
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-May-2023 7:12:24
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Joined: 10-Mar-2003 Posts: 2917
From: Figueira da Foz - Portugal | | |
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tonyw
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-May-2023 12:22:53
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Elite Member  |
Joined: 8-Mar-2003 Posts: 3239
From: Sydney (of course) | | |
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| @number6
What does it say?
_________________ cheers tony
Hyperion Support Forum: http://forum.hyperion-entertainment.biz/index.php |
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number6
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-May-2023 13:05:45
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Elite Member  |
Joined: 25-Mar-2005 Posts: 11534
From: In the village | | |
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| @tonyw
On April 18, 2023 there appeared a tweet that Quote:
Received an interesting trove of documents. Stay tuned (and feel free to send more)! |
This is obviously the beginning of the postings related to that posting. They are obviously from "inside" since they mention numerous documents/agreements of a highly egregious nature, imo.
I prefer to wait to see what follows, but if someone else wishes to post the contents from last night, that's up to them.
If you are having issues with twitter displaying content? I'm not sure why. This site is entirely public. There is advice on twitter issues you can google, if it's not working at all for you.
#6_________________ This posting, in its entirety, represents solely the perspective of the author. *Secrecy has served us so well* |
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number6
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-May-2023 14:57:14
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Elite Member  |
Joined: 25-Mar-2005 Posts: 11534
From: In the village | | |
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geen_naam
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Re: Hyperion Entertainment - Reorg/Restructure Posted on 5-May-2023 15:55:04
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Regular Member  |
Joined: 29-Nov-2003 Posts: 123
From: The Netherlands | | |
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| @number6
Don't understand the sensational text of that tweet which seems to accuse AEON from bad behavior.
As far as I can tell, AEON detected some kind of fraud with AEON funds. Trevor traveled with a lawyer to Belgium to settle the issue with as result: - A repayment schedule - terminated Ben H as partner of AEON. - End all access to bank accounts - Ensure that AEON can continue to use the Amigaone and Amigaos and Boingball logo
I would expect nothing less in this case and fail to see what any of this has to to with Cloanto or how this would be a bad action from AEON.
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