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/  Forum Index
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      /  Hyperion Entertainment - Reorg/Restructure
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PosterThread
OlafS25 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 5-Nov-2021 14:54:32
#221 ]
Elite Member
Joined: 12-May-2010
Posts: 6171
From: Unknown

@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 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 5-Nov-2021 15:00:55
#222 ]
Cult Member
Joined: 31-Jul-2003
Posts: 617
From: Vienna/Austria

@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 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 5-Nov-2021 15:04:18
#223 ]
Member
Joined: 8-Jun-2020
Posts: 65
From: Unknown

@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 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 5-Nov-2021 15:39:02
#224 ]
Cult Member
Joined: 31-Jul-2003
Posts: 617
From: Vienna/Austria

@FairBoy: Good point

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number6 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 6-Sep-2022 1:10:37
#225 ]
Elite Member
Joined: 25-Mar-2005
Posts: 11464
From: In the village

@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

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MEGA_RJ_MICAL 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 6-Sep-2022 1:28:50
#226 ]
Super Member
Joined: 13-Dec-2019
Posts: 1200
From: AMIGAWORLD.NET WAS ORIGINALLY FOUNDED BY DAVID DOYLE

Any document that contains words such as

AARDERINGSREGELS

and

MAATSCHAPPELIJKE

is certain to receive my attention.
And Yog-Sothoth's.







/MEGA!!!!

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kolla 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 6-Sep-2022 21:44:00
#227 ]
Elite Member
Joined: 20-Aug-2003
Posts: 2315
From: Trondheim, Norway

@EGA_RJ_MICAL

It is all floccinaucinihilipilification, et spiritus sanctus…

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B5D6A1D019D5D45BCC56F4782AC220D8B3E2A6CC

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MEGA_RJ_MICAL 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 6-Sep-2022 23:28:03
#228 ]
Super Member
Joined: 13-Dec-2019
Posts: 1200
From: AMIGAWORLD.NET WAS ORIGINALLY FOUNDED BY DAVID DOYLE

@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!

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number6 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 4-Oct-2022 15:01:48
#229 ]
Elite Member
Joined: 25-Mar-2005
Posts: 11464
From: In the village

@thread

Hyperion Entertainment files accounts for 2021

#6

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number6 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 14-Oct-2022 17:47:07
#230 ]
Elite Member
Joined: 25-Mar-2005
Posts: 11464
From: In the village

@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

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matthey 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 14-Oct-2022 21:00:50
#231 ]
Super Member
Joined: 14-Mar-2007
Posts: 1684
From: Kansas

#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.


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.


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 09:04 PM.

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number6 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 14-Oct-2022 22:43:27
#232 ]
Elite Member
Joined: 25-Mar-2005
Posts: 11464
From: In the village

@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

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MEGA_RJ_MICAL 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 15-Oct-2022 1:05:28
#233 ]
Super Member
Joined: 13-Dec-2019
Posts: 1200
From: AMIGAWORLD.NET WAS ORIGINALLY FOUNDED BY DAVID DOYLE

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!


https://www.youtube.com/watch?v=4vZNWdFd1UM

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matthey 
Re: Hyperion Entertainment - Reorg/Restructure
Posted on 15-Oct-2022 2:54:32
#234 ]
Super Member
Joined: 14-Mar-2007
Posts: 1684
From: Kansas

@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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