SCO's Sinking Ship the Rats are leaving it fast..

SCO's Sinking Ship the Rats are leaving it fast..

Post by jimlascol » Sun, 18 Apr 2004 07:15:55


LINDON, Utah, April 16 /PRNewswire-FirstCall/ -- The SCO Group, Inc.
("SCO") (Nasdaq: SCOX - News), the owner of the UNIX operating system,
received a letter on April 15, 2004 from BayStar Capital II, L.P.
requesting that SCO immediately redeem BayStar's 20,000 shares of
SCO's Series A-1 Convertible Preferred Stock. The letter asserts that
BayStar is entitled to the redemption of its shares under Article
VII.A(vii) of the Certificate of Designation, Preferences and Rights
of the Series A-1 Convertible Preferred Stock because SCO has
allegedly breached Sections 2(b)(v), 2(b)(viii), 2(b)(viii) and 3(g)
of the Exchange Agreement dated February 5 2004 among SCO, BayStar and
Royal Bank of Canada, which also holds shares SCO's Series A-1
Convertible Preferred Stock.


http://www.yqcomputer.com/

Jim
 
 
 

1. Are the rats leaving a sinking ship?

2. Bigget rat leaving a sinking ship

Luckily, Apple has a master showman, Steve Jobs. He'll announce that now
everything can run on a Mac. He'll say that the switch to Windows gives
Apple the best of both worlds. He'll say this is not your daddy's Windows.
He'll cajole and cajole, and still hear a few boos. But those will be the
last boos he'll hear, for then the Mac will be mainstream. We will welcome
the once-isolated Apple mavens, finally.

3. rats leaving a sinking ship

4. Rat leaves ship

5. Dive, Dive, Dive : Bill Gate$ Leaving Sinking Ship -- Sell Away !!!

6. [News] SCO is Microsoft, Microsoft is SCO, SCO Dies, Microsoft Pulls an SCO

7. Trying to develop a shipping calculator to compare courier rat

8. The Chief Rat is jumping off Good Ship Applopoly

9. Like rats deserting the ship....

10. It's true, it's true, what am I to do.

11. HP ship is sinking like Titanic?

12. The TOP OLPC exec flees sinking ship

13. Linux not standing in wait as Microsoft sinks its own ship

14. [News] EPO is Sinking, President Jumps Ship

15. [News] Firefox Gets Better and Trimmer, as Staff QUITS sinking ship