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Home IT Management

SCO vs. Linux: an end in sight?

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“”It is an understatement to say that since the filing of their
bankruptcy the Debtors financial situation has greatly declined.
Their own Operations Monthly Operating Report for March 31, 2009,
the latest Monthly Operating Report which Debtors have filed, shows
that Debtors have lost $8,652,612 since filing, without taking into
account reorganization costs. These losses compare to total assets
of $8.3 million of which there is $728,537 of unrestricted cash and
net accounts receivable of $1.4 million.””


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