SCO has filed its monthly operating reports for August, with the most noticeable change being that total receipts for SCO Operations were higher than in July's MORs, from $390,592 in July to $638,075 in August. That's in the "Accounts Receivable" category, but there's an "N/A" right after it. I don't know why, and they don't explain. Just "N/A".
Net cash flow in July was ($156,589); in August, it was $240,731. Payments to subsidiaries seem to be down, and Novell's SVRx Restricted Cash went from July's $25,217 to August's $54,319. More than double? In SVRx licenses in August?
On page 16 under Other Income and Expenses we see "Intercompany Transfers: $129,549". Then "Net Profit (Loss) Before Reorganization Items $(58,609)", and the reorganization items don't do much to change the picture, so the final net loss is $(57,975).
Here are the filings:
1180 -
Filed & Entered: 10/13/2010
Operating Report
Docket Text: Debtor-In-Possession Monthly Operating Report for Filing Period As of 8/31/10 (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)
1181 -
Filed & Entered: 10/13/2010
Operating Report
Docket Text: Debtor-In-Possession Monthly Operating Report for Filing Period As of 8/31/10 (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) The other thing I notice is that SCO consulted, I gather, with a Canadian law
firm, Stewart McKelvey, in April. I can't imagine why. At around that time, the
only things happening that I see on the list would be the sale of the mobility
assets to Darl McBride, the Yarro loan, the follow up to the trial, and the sale
of the Java patent to Liberty Lane.
OMG. A Java patent. That sounds very different now, in the light of the
Oracle-Google litigation than it did at the time, don't you think?
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