Vultrus

Posted Jul 29, 2003 14:25 UTC (Tue) by walterbyrd (guest, #11620) [Link]

Canopy Group controls SCO, and several other companies. All of these companies are located in Utah. The execs of these companies all sit on each other's BODs. The execs are all Mormons, all graduates of BYU, and all have long business histories together. All of these companies own stock in one another. And, many believe, these companies very actively trade stock in one another.

Canopy Group is affiliated - some say owned - by another group called Angel Investors. Angel Investors is very closely affiliated with the Mormon Church.

It was recently announced that SCO "bought" a private company called Vulus. Vultus was a failing web-tool company. It was an interesting acquisition since both companies are controled by Canopy Group, and both SCO and Vultus were located in the same building. I beleive the building was also owned by Canopy Group. As part of the deal, Canopy was given a huge amount of freshly minted SCO shares at SCO's recently hyper-inflated price. All of this occured around June 3rd, but was not announced until about a week ago. Anyway. To fight back against SCO, you must fight Canopy. That is why I reccomend boycotting Canopy companies.

In the above, when I say contorlled, I mean over 50% owned. One exception is Trolltech which is only about 6% owned by Canopy. Trolltech also owns shares of SCO. You can learn more about Canopy and Angel Investors at their web-sites: canopy.com and angelinvestors.org

In an Enron like fashion, Canopy is frantically shifting assets between it's various companies. Altiris Inc. (ATRS) is another Canopy Group company and they just announced that they will be selling 5 million shares of common stock - of those 2 million shares on behalf of Canopy Group.

SCO shell game:
http://www.computerworld.com/softwaretopics/os/linux/story/0,10801,83452,00.html

SCOX chances slim to none
http://www.theinquirer.net/?article=10743

SCO execs dump stock
http://www.zdnet.com.au/newstech/enterprise/story/0,2000048640,20276629,00.htm