[linux-elitists] SCO 8K

Jonathan Corbet corbet-elite@lwn.net
Fri Oct 17 10:09:07 PDT 2003


For those who are curious, there's a few interesting things in SCO's 8K
filings: 

 http://www.sec.gov/Archives/edgar/data/1102542/000110465903023055/0001104659-03-023055-index.htm

Among other things:

- BayStar appears to be the smaller of two investors in this deal.  Anybody
  have any idea why the Royal Bank of Canada would pump $30 million into
  SCO?

- Microsoft has fed them another $8 million.

- Their new deal with their lawyers gives Boies et all 20% of just about
  anything that comes in - including equity financings.  The documents do
  not say so, but if you look at the money in and out, it looks like the
  lawyers just got a $10 million prize.  And 400,000 shares of stock for
  later. 

jon



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