Two outside stockholders, John R. Wall, Morgan Keegan and Co., decided to dump 1 million shares they held. SCO executed full registration process, at its expense, to facilitate this, yet proceeds go to sellers. Forum comments. [LWN: Linux Weekly News]
Analysis of why investors are raising SCO stock price, based on two documents from Renaissance Ventures, LLC, venture capital firm. Links and quotes source documents. Many forum comments. Print-friendly version too. [Groklaw]
Big investors revise terms of capital-injecting contracts; can now veto the 20% that David Boies, et al get if SCO wins or is bought out; Wall Street reevaluates potential. [Linux Online]
New regulations made it harder for small-cap companies to get noticed; this is not the case for SCO. The big question is will SCO investors survive this dispute? [Motley Fool.com]
Received large cash boost in private investment deal led by investment fund BayStar Capital, structured as private placement of non-voting Series A Convertible Preferred Shares, at fixed conversion price $16.93/share. [eWeek]
In heavy trading, SCO shares rose about 30 percent as firm defends what it sees as unauthorized illegal use of its Unix code by customers, Linux users, vendors, open source community. [eWeek]
SCO executives keep slowly cashing in their stock to benefit from its current, inflated price; total 93, 000 shares sold since suit filing, net $782, 000 earnings. Table with links. Forum comments. [LWN: Linux Weekly News]
List of all such stock trades since 2002 that author could find, sorted by publishing date, compiled from SEC public records, about $1, 375, 654 in sales since March 2003. [Groklaw]
Shares of firm fell sharply after it lost court motion asking IBM for source code, court also ruled SCO must provide code relevant to case to IBM in 30 days; SCO postponed earnings report. [TheStreet.com]
SCO, firm embroiled in legal actions with Linux and Unix, announces $50 million investment by BayStar Capital, a reversal of plans it stated in May; will use funds for software development, legal and licensing costs. [CNET News.com]