More hilarity ensues as SCO files its MORs for April. As you'll recall, it was in March that the Yarro loan went through, and both Blank Rome and Ocean Park got paid, $335,296 and $261,645 respectively. Now what happened in SCOville in the following month?
Oh noes. I think SCO is losing money.
My favorite notation is on page 14 of the SCO Operations MOR:
Total Cash in SCO Ops BS Hey, hey, SCO. Watch your language on Groklaw please. All right. Kidding. The serious part is how will they pay Yarro back? It'd be a cryin' shame if they had to let him have the company assets instead, what with the professionals getting paid and all. Hardy har. Wait. Isn't that what the mob does? So I hear tell. They loan you money and when you can't pay it back, they take your restaurant.
From the Seattle PI obituary of a Mr. Colacurcio, who informed the interviewer prior to his death, just for the record, that he had no connection to any mob, that it's just "folklore":
Sometime after his release, Colacurcio got into the vending business with his brothers -- installing cigarette machines, jukeboxes and pinball machines in local taverns and clubs. To make them profitable. I believe that is Mr. Yarro's dream as well, so they have at least one thing in common, anyway.
"From the vending business, we loaned money to different bars, restaurants, lounges," Colacurcio says. "And (when) they weren't able to pay, we took over several of them to make them (profitable)."
Here you go:
Shall we crunch some numbers?
07/06/2010 - 1131 - Debtor-In-Possession Monthly Operating Report for Filing Period As of 4/30/10 (The SCO Group, Inc.; 07-11337) Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. (Attachments: # 1 Certificate of Service) (Fatell, Bonnie) (Entered: 07/06/2010)
07/06/2010 - 1132 - Debtor-In-Possession Monthly Operating Report for Filing Period As of 4/30/10 (SCO Operations, Inc.; 07-11338) Filed by Edward N. Cahn, Chapter 11 Trustee for The SCO Group, Inc., et al.. (Attachments: # 1 Certificate of Service) (Fatell, Bonnie) (Entered: 07/06/2010)