"Since then, it's almost as if LinuxOne has sailed into the
Bermuda Triangle. Former LinuxOne partner MandrakeSoft, contacted
this week, sent this from its PR department: 'We have never worked
together on any project since they appeared to be a ghost-company
and ghost-everything. I've been told they have released a product
based on Mandrake one year ago. Anyway we have not been in contact
with them for more than one year.'
"Amid repeated criticism of its business plan, LinuxOne's IPO
never happened. A press relations officer with the U.S. Securities
and Exchange Commission says she couldn't comment on an individual
company's IPO, but a search at the EDGAR-online IPO database comes
up with nothing after Dec. 23, 1999, when LinuxOne named Capital
West Securities as lead underwriter and estimated that the initial
public offering price per share would be $8.25."
"So I go looking for evidence that the company still exists. I
first go to LinuxOne.com, and see a page with only a link to an
email address on it. So I write Tuesday afternoon, asking what's
happened to the company. I keep the wording neutral -- I'm truly
curious and not planning to write another 'let's run LinuxOne out
of town on a rail' article."