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A new SCO 10-K

The SCO Group has filed its annual report with the SEC. There is a wealth of information about the company there for those with the time to dig. For example, one of the new risk factors reads: "Also, some of the more significant participants in the Linux industry have made efforts to ease Linux end users' concerns that their use of Linux may subject them to potential copyright infringement claims from us. For example, Hewlett-Packard and Novell have each established indemnification programs for qualified customers purchasing Linux-based products and services that may potentially become subject to a copyright infringement claims from us." Interestingly, in SCO's press releases, these offers were described as validating SCO's case...

There is a large set of other documents submitted as attachments to the 10-K; they include agreements with Morgan Keegan (which also gets a chunk of SCO's license revenue, acquisitions, etc.), Sun's stock options, etc.


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A new SCO 10-K

Posted Jan 29, 2004 16:06 UTC (Thu) by stumbles (guest, #8796) [Link]

I have only one thing to say................. follow the money trail. That is the driver behind
SCO's false claims against IBM and Darl's desire to try this case in the media instead
of the courtroom. IANAL.

A new SCO 10-K

Posted Jan 29, 2004 18:09 UTC (Thu) by ncm (subscriber, #165) [Link]

Does it mention that Novell might be owed 95% of SCO's take from Sun and Microsoft? If not, that should be pointed out to the SEC as a pretty important omission.

A new SCO 10-K

Posted Jan 29, 2004 19:28 UTC (Thu) by gups (guest, #14053) [Link]

A few months ago when IBM and Red Hat refused to offer indemnification to their customers, Darl said they were afraid to do so because there is a real problem with Linux. Now HP and Novell offer it, and Darl says it confirms that Linux has problems. Whatever you do, Darl is always right! What a moron!

Or maybe...

Posted Jan 29, 2004 20:07 UTC (Thu) by ebresie (guest, #13090) [Link]

Or could it be that HP and company did so to provide anti-FUD protection from the FUD that SCO provides constantly without any evidence of wrong doing. There is a risk SCO could be right but there is also a risk tjat SCO could be wrong. HP and company is trying to cover both bases.

A new SCO 10-K

Posted Jan 29, 2004 20:18 UTC (Thu) by kdart (guest, #486) [Link]

...or not. The real morons are those that actually believe his drivel.

Interesting information in the 10K

Posted Jan 29, 2004 20:34 UTC (Thu) by Ross (subscriber, #4065) [Link]

Apparently SCO had some non-standard arrangements with Morgan Keegan and
the SCOSource "licensees" from what people have found in the 10K at
Groklaw.

http://www.groklaw.net/comment.php?mode=display&sid=200401290243189&
title=OT%3A%20Meanwhile%20over%20on%20Yahoo...%20great%20find%21&type=article&order=&pid=61892

(Sorry for the long URL. Remove the newline in the middle.)

Highlights

* MK gets 1% of Microsoft licensing fees
* MK gets 6% of Sun licensing fees
* MK gets 2% in case of a SCO buyout "to a large strategic company"
* MK got 2 million dollars from the 50 million PIPE
* Microsoft gets "senior debt" privileges in the deal
* Sun got 225000 SCOX stock options at $1.83 in the deal
* MK got 200000 SCOX stock options at a penny each

Quick Math
Sun: 80% to lawyers, 95% to Novell, 6% to MK, total 181%
Microsoft: 80% to lawyers, 95% to Novell, 1% to MK, total 176%

Interesting information in the 10K

Posted Jan 29, 2004 21:26 UTC (Thu) by rev (guest, #15082) [Link]

Oh, paaleeeeeease Ross, has it occured to you you can post in HTML and thus a very long link like yours doesn't need to screw up the page width? Thank, you.

Interesting information in the 10K

Posted Jan 29, 2004 21:51 UTC (Thu) by Ross (subscriber, #4065) [Link]

Hmm... well I put a newline in it to avoid that problem. It works fine for
me even at 800x600. But, yes, I could have used HTML if I had noticed the
format buttons, but I didn't. Sorry.

Interesting information in the 10K

Posted Jan 30, 2004 1:55 UTC (Fri) by gallir (guest, #5735) [Link]

HTML is not needed at all for shortening urls:
http://breu.bulma.net/?l2340

A new SCO 10-K

Posted Jan 29, 2004 21:46 UTC (Thu) by iabervon (subscriber, #722) [Link]

Indemnification as a risk factor for SCO is interesting. It should only
mean that SCO would get money from HP and Novell instead of from
end-users. By listing this, they seem to be admitting that they don't
have any right to money from anybody, and indemnification will interfere
with their attempts to defraud unsavvy companies.

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