Click Here
home features news forums classifieds faqs links search
5766 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
48 crawler(s) on-line.
 21 guest(s) on-line.
 2 member(s) on-line.


 nikosidis,  DiscreetFX

You are an anonymous user.
Register Now!
 nikosidis:  5 secs ago
 DiscreetFX:  2 mins ago
 Swoop:  8 mins ago
 Livebyfaith:  8 mins ago
 amigasociety:  27 mins ago
 Rob:  31 mins ago
 Trixie:  36 mins ago
 kamelito:  41 mins ago
 OneTimer1:  43 mins ago
 towo2099:  49 mins ago

Internet News   Internet News : Amiga Inc. vs Garry Hare - The legal battle continues...
   posted by elatour on 20-Oct-2006 4:02:26 (4773 reads)
Court documents from the last year reveal interesting information about the activities of Amiga Inc, as earlier reported in German on Amiga-News.de.

Read more about it here.
    

Related Links
· More about Internet News
· News by elatour


Most read story about Internet News
IBM confirms POWER5 server release details

Last news about Internet News
ACube Systems partnership with Cmedia
Printer Friendly Page  Send this Story to a Friend

Goto page ( 1 | 2 )

PosterThread
-Sam- 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:06:41
#1 ]
Elite Member
Joined: 18-Apr-2003
Posts: 3008
From: Yorkshire Dales, United Knigdom

All quite interesting and displays just how much money goes through such companies. Companies that look totally unprofessional and appear to have little or no product.

Just how much is wasted in venture capital in the world on foolish ventures such as this?

Staggering.

Seem quite keen on OS4 which is surprising seeing as they couldn't actually afford to develop it themselves. The lynchpin that OS4 seem to be to them here is all well and good - but they don't seem to have any control (or indeed outside interest) over the product itself. They're not even able to actively promote or even release it.

I am still unsure as to how it is so beneficial to PDAs and the like considering its massive lack of installed user base compared to the competition at such a very late stage.


_________________
Sam

 Status: Offline
Profile     Report this post  
-Sam- 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:10:49
#2 ]
Elite Member
Joined: 18-Apr-2003
Posts: 3008
From: Yorkshire Dales, United Knigdom

Quote:
This leads to the suspicion that the "almost two million dollars" invested by Itec and Tapul are actually contributed more or less by Kouri himself or his close associates.


Is this guy a total total fool or what?


_________________
Sam

 Status: Offline
Profile     Report this post  
d0c 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:18:44
#3 ]
Cult Member
Joined: 8-Sep-2004
Posts: 896
From: UK

Its been clear for a while that whoever bankrolled amiga had problems. Just looks like the money is running out now, and one can only guess how much longer it will be before it gets wound up. The interesting thing is the purchase of Amino shares. But I digress. This bleeding hulk of junk won't go on forever.


_________________
I was a ZX Spectrum owner....

 Status: Offline
Profile     Report this post  
-Sam- 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:29:01
#4 ]
Elite Member
Joined: 18-Apr-2003
Posts: 3008
From: Yorkshire Dales, United Knigdom

Quote:
Its been clear for a while that whoever bankrolled amiga had problems


Unless I missed it I don't think it says that the venture cap firm is in trouble. Just that $2 million down the line and they're just begining to think... hang on...?


_________________
Sam

 Status: Offline
Profile     Report this post  
Gopal 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:31:00
#5 ]
Regular Member
Joined: 15-Apr-2003
Posts: 196
From: Norway

Quote:
Is this guy a total total fool or what?


My questions are, does this guy quit when the going gets though?

Or does he have the financial muscle, and does he believe he can make OS4 someones choice, when they decide what OS their cellphone/pda/set-top box/PVR/console/future thingie will run?

We´re talking about this Mr. Kouri, aren´t we?

But hey, wait! I have more questions. How much money does Amiga Inc. have after buying ADIndia? And how much did ADI cost? "What are they building in there"? When does the next episode of this soap air?


_________________

 Status: Offline
Profile     Report this post  
Mark 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:33:37
#6 ]
Team Member
Joined: 12-Mar-2003
Posts: 1457
From: UK

As this has been going on for about a year now, I would think most of these statements are out of date, especially considering the recent purchase of ruksun (which would have taken a considerable amount of money), which indicates a success somewhere in getting some funding.

I'm not going to comment on A. Inc's worth or product portfolio, although there were quite a few AmigaAnywhere products available in the list when I visited a while back (no interest to me but still).

Mark


_________________
IceStar Media Ltd.

 Status: Offline
Profile     Report this post  
-Sam- 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:48:05
#7 ]
Elite Member
Joined: 18-Apr-2003
Posts: 3008
From: Yorkshire Dales, United Knigdom

Quote:
We´re talking about this Mr. Kouri, aren´t we?


Yes.


_________________
Sam

 Status: Offline
Profile     Report this post  
elatour 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:51:31
#8 ]
Cult Member
Joined: 18-Jan-2005
Posts: 936
From: Toronto, Canada

Quote:
As this has been going on for about a year now, I would think most of these statements are out of date, especially considering the recent purchase of ruksun (which would have taken a considerable amount of money), which indicates a success somewhere in getting some funding.

Yes, most of it has, although some if it is as recent as May of this year, and some fo the info has only just surfaced or been made public now, so it's not old news to most people here.

I agree with you however that AInc.'s recent purchase of Ruskun does imply that they finally managed to get some additional fresh VC capital in the mix from some deep pockets.


_________________
When swimming with sharks, make sure to bring lots of band-aids...

 Status: Offline
Profile     Report this post  
adiaux 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:56:21
#9 ]
Super Member
Joined: 1-Jun-2006
Posts: 1249
From: Unknown

Quote:
All quite interesting and displays just how much money goes through such companies.


Indeed. And *to where*, one might ask ...

 Status: Offline
Profile     Report this post  
-Sam- 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:57:58
#10 ]
Elite Member
Joined: 18-Apr-2003
Posts: 3008
From: Yorkshire Dales, United Knigdom

Quote:
As this has been going on for about a year now, I would think most of these statements are out of date,


Not that old. Still they happened - and give us some more understanding as to what has been going on.

Quote:
especially considering the recent purchase of ruksun (which would have taken a considerable amount of money), which indicates a success somewhere in getting some funding.


Not necessarily. I don't think there was any indication as to how much this cost (could have been a £1 for all we know) and there is also no indictaion as to where the funding came from (could just as easily be the VC firm).

It looks a little like AInc. islooking for a really cheap way to get some developers onboard.


_________________
Sam

 Status: Offline
Profile     Report this post  
Bobsonsirjonny 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 15:58:20
#11 ]
Elite Member
Joined: 28-Jul-2003
Posts: 2880
From: Unknown

What is Noids?

Google gave me this.. but I dont know if this has anything to do with it:

http://www.zib.de/vgp/nick/Noid/ ????

Also, £2million for a venture Capitalist is peanuts - they take big RISKS for maximum profit, and often expect a return within months. Things must have been sorted out.. or else I'm sure any venture capitalist worth their salt would have pulled their money out of the company to let it sink, in order to shove their cash elsewhere.

Last edited by Bobsonsirjonny on 20-Oct-2006 at 04:05 PM.

 Status: Offline
Profile     Report this post  
-Sam- 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 16:14:54
#12 ]
Elite Member
Joined: 18-Apr-2003
Posts: 3008
From: Yorkshire Dales, United Knigdom

Quote:
What is Noids?


Hemanoids?

Quote:
Also, £2million for a venture Capitalist is peanuts - they take big RISKS for maximum profit, and often expect a return within months.


It's been a wee bit longer than a few months but I must admit to having very little knowledge of multi-million dollar VC deals so I will bow down to your greater knowledge on this one.

Sorry to hear about your XBox woes. You could get a cheap one off of Ebay of course.


_________________
Sam

 Status: Offline
Profile     Report this post  
number6 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 16:16:49
#13 ]
Elite Member
Joined: 25-Mar-2005
Posts: 10829
From: In the village

@Bobsonsirjonny

Quote:
Also, £2million for a venture Capitalist is peanuts

I was going to say "chump change", but perhaps that's just an American phrase.
Either way, you are spot on.

#6


_________________
This posting, in its entirety, represents solely the perspective of the author.
*Secrecy has served us so well*

 Status: Offline
Profile     Report this post  
Bobsonsirjonny 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 16:30:23
#14 ]
Elite Member
Joined: 28-Jul-2003
Posts: 2880
From: Unknown

@ -Sam-

Quote:
It's been a wee bit longer than a few months but I must admit to having very little knowledge of multi-million dollar VC deals so I will bow down to your greater knowledge on this one.


Well I wouldnt say I have greater knowledge - but a friend of mines company was induced with such funding.. the money that gets thrown around by these guys seems insane to us. But it's not as such in the pocket - its cash that exists in assets and on paper, and these bits of paper appear and disappear as they change hands at a rate of notts. My mates company does stuff with cars - designs technologies which get licenced on to manufactures.. so you can imagine that the money in this is huge - and thus the return is huge - so £2million to get such a venture going in exchange for double or more than that is a worth while deal.. but of course it can go horribly wrong, and you will lose your £2million.. but for these guys its a risk worth taking.

 Status: Offline
Profile     Report this post  
toRus 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 17:25:50
#15 ]
Regular Member
Joined: 10-Mar-2003
Posts: 202
From: Unknown

2 millions ! Wow !

It's almost the same money Micro$oft spends in R&D (in 3 hours time)...

 Status: Offline
Profile     Report this post  
Van_M 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 18:08:06
#16 ]
Member
Joined: 23-Nov-2003
Posts: 30
From: Athens, Greece

Quote:
2 millions ! Wow ! It's almost the same money Micro$oft spends in R&D (in 3 hours time)...


if microsoft did that... well not in 3 hours time, but even in a whole year, they wouldn't be shipping those stinking abominations they do

 Status: Offline
Profile     Report this post  
Jose 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 18:30:59
#17 ]
Cult Member
Joined: 10-Mar-2003
Posts: 934
From: Unknown

OMG... what a buch of F**** *************... It's stuff like this that makes me not code for the Amiga anymore.


_________________

José

 Status: Offline
Profile     Report this post  
Plaz 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 18:52:49
#18 ]
Super Member
Joined: 2-Oct-2003
Posts: 1567
From: Atlanta

I hope they've found more investment capital. 2 million is barely enough to get your business stationary printed and the lights turned on in your offices. Maybe google bought them out this time.

Plaz

 Status: Offline
Profile     Report this post  
d0c 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 19:16:08
#19 ]
Cult Member
Joined: 8-Sep-2004
Posts: 896
From: UK

amiga inc investmented in some green curry in india(the stronges curry i heard), so no one knows what will happen next... but i guess there will be someone with a sore throat making an announcement here on aw.net soon...

Last edited by d0c on 20-Oct-2006 at 07:18 PM.
Last edited by d0c on 20-Oct-2006 at 07:17 PM.


_________________
I was a ZX Spectrum owner....

 Status: Offline
Profile     Report this post  
Jose 
Re: Amiga Inc. vs Garry Hare - The legal battle continues...
Posted on 20-Oct-2006 19:18:55
#20 ]
Cult Member
Joined: 10-Mar-2003
Posts: 934
From: Unknown

"I hope they've found more investment capital..."

WHAT?! For what ? Shouldn't it be obvious to anyone by now that this company has some tricky management ? OS4 on settop boxes, PDA's and celll phones Come on! Someone should inform the court they're lying, heck there's not even cell phones around with PPC chips on them...


_________________

José

 Status: Offline
Profile     Report this post  

Goto page ( 1 | 2 )

[ 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