On the 10 million issue

Posted Apr 21, 2004 17:50 UTC (Wed) by jneves (guest, #2859)
Parent article: Lindows goes for an IPO - a detailed look

The filling says that Robertson already gave the company 5.6 million dollars in 2004. If you add the possible interest of previous loans, the 10.4 million figure seems about right.

On the 10 million issue

Posted Apr 23, 2004 0:54 UTC (Fri) by giraffedata (guest, #1954) [Link] (1 responses)

But how do you square that with a balance sheet that says the corporation's total debts are 4.7 million dollars?

Could it be that the 10 million isn't debt at all, but stock that the company has a gentleman's agreement to buy back some day?

On the 10 million issue

Posted Apr 23, 2004 9:11 UTC (Fri) by jneves (guest, #2859) [Link]

The balance sheet is about 2003. The 5.6 million dollars are from 2004.