SCO News Roundup

• Today SCO got the long-awaited delisting warning from Nasdaq. As I suspected, they waited until after the markets closed, on the very last day they could file without getting into even more regulatory trouble.
  
  Full text of the filing:
  

  
  Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
  On April 23, 2007, The SCO Group, Inc. (the “Company”) received a letter from The Nasdaq Stock Market (“Nasdaq”) indicating that the bid price of its common stock for the last 30 consecutive business days had closed below the minimum $1.00 per share required for continued listing under Nasdaq Marketplace Rule 4310(c)(4). Pursuant to Nasdaq Marketplace Rule 4310(c)(8)(D), the Company has been provided an initial period of 180 calendar days, or until October 22, 2007, to regain compliance. The letter states the Nasdaq staff will provide written notification that the Company has achieved compliance with Rule 4310(c)(4) if at any time before October 22, 2007, the bid price of the Company’s common stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, although the letter also states that the Nasdaq staff has the discretion to require compliance for a period in excess of 10 consecutive business days, but generally no more than 20 consecutive business days, under certain circumstances.
  If the Company cannot demonstrate compliance with Rule 4310(c)(4) by October 22, 2007, the Nasdaq staff will determine whether the Company meets The Nasdaq Capital Market initial listing criteria set forth in Nasdaq Marketplace Rule 4310(c), except for the bid price requirement. If the Company meets the initial listing criteria, the Nasdaq staff will notify the Company that it has been granted an additional 180 calendar day compliance period. If the Company is not eligible for an additional compliance period, the Nasdaq staff will provide written notice that the Company’s securities will be delisted. At that time, the Company may appeal the Nasdaq staff’s determination to delist its securities to a Listing Qualifications Panel
  
  
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
  Dated: April 26, 2007
  
  THE SCO GROUP, INC.
  
  By: /s/ Bert B. Young
  Name: Bert B. Young
  Title: Chief Financial Officer
  

  
  
  Delisting: It's a beautiful thing.
  
  
• The blessed event is on Digg already. Some people say Digg is better than Slashdot, or even that it's the Slashdot of the 21st Century. I'm not sure I buy that, but it's certainly faster than Slashdot. For whatever that's worth.
  
  
• Over on the SiliconInvestor board, Scott Lemon mentioned he would be attending the shareholder shindig, and said he'd post later and say how it went. So that may be something fun to keep an eye out for.
  
  
• No doubt SCO would much prefer that people pay attention to their DT4 launch in India. And in all fairness I have mentioned it multiple times. This may be the only spot on the entire interwebs where that's happened. I may be a confirmed skeptic about SCO product news, but at least I don't ignore them like everyone else does. Really they ought to be sending me all sorts of cool schwag, but I'm not exactly holding my breath on that.
  
  
• The latest word salad from "Paul Murphy". Once again he asserts SCO has a case, but as always is unable to explain why.
  
  
• Enderle doesn't talk about SCO much these days, but here he mentions them briefly. The piece is about corporate document retention, and I think he's trying to shill for SCO's spoliation nonsense:
  

  
  Most of these actions have some type of discovery requirements but the SCO vs. IBM and AMD vs. Intel cases clearly went far beyond what either defendant normally saw and in both instances missing documents have created a cloud over their actions which could result in unfavorable judgments. In the SCO instance, that case was such a mess to begin with that it doesn’t appear to create a huge problem...
  

  
  
  
• The EFF disses Ralphie's wireless proposal.
  
  
• And here's the press release for Ralphie's "Traffic Control" movie. Oddly, there's not a word about this major inematic event anywhere on IMDb, as far as I can tell.
  
  
• Vonage tries to respin their Verizon patent case as a grassroots cause. Hmm. I dunno. Sure, I think Verizon's using patent law to shut down competition, but I won't be able to sympathize with Vonage until they quit with that awful "woo-hoo woo-hoo-hoo" ad jingle.
  
  
• Text-messaging teens in Ireland are losing basic language skills, according to one report. OMG!
  
  

Labels: linux, open source, sco, tech

By brx0 @ 12:59 PM