quote:
"McBride will no longer be CEO of the Lindon-based company if a bankruptcy judge approves the company's reorganization plan that aims to bring in new owners."
I don't see how the "reorganization plan" intends to bring in new owners. New owners are almost always approved but are pretty rare when the liabilities are incredulous as in the case of SCO. I never saw any proposal to buy the company though - only that laughable proposal to fund the lawsuits with an initial loan of $5M while claiming an influx of $100M of funds. A real buyout/takeover would be more than welcome to the thousands of unfortunate suckers out there who still have stock in SCO. The whole thing looked like a "pump and dump" scam from the start - except for little Darl (and perhaps his cronies), who's making money on SCO?
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