RSS Updates
Email UpdatesSCO Group, Inc. (Pink Sheet-SCOXQ), formerly "SCOX," has filed its annual report. After you have seen the history of this company through the years, it is almost impossible not to wonder if this is likely the end of the road for the company. Very few companies this small are involved in this much litigation. The stock was booted from trading on the NASDAQ at the end of December and it is now traded on the Pink Sheets. It is under bankruptcy protection. Its revenues appear to be racing faster and faster to zero. Its balance sheet is in the same boat.
It turned out that having a business model of suing everyone under the sun wasn’t a good one. Go figure. All of these are excepts from the 10-K, and we have focused on the more pressing issues with comments from the company:
