A Invalid argument, 0:1
I hope this text was in the Judge's summing up.
Troubled ZX Spectrum reboot firm Retro Computers Ltd has been ordered to repay two of its shareholders’ £52,000 legal fees by the end of this month. The costs order was made by the Senior Courts Cost Office on Tuesday (16th). It relates to an injunction that former RCL directors Paul Andrews and Chris Smith took out last year …
I ummmed about it and then chose not to because it's IndieGogo, if it were the other kickfarter one I would probably have gone for it.
For the same reason I decided against backing the Gemini new Psion thing, though that has raised over $600K, it's still a "concept" according to their page.
I understand your scepticism, but the Gemini Psion thing looked too good to pass up, so I have gambled on it. The Gemini people send out regular updates, and all seems to be proceeding so far. They have their manufacturer in China lined up, and are passing on the designs to them next week, so they still think they are on schedule for a release this year.
Actually it's a little worse than that, it's been said that £95k was spent by RCL on lawyers making £150k spent...leaving just £450k of your £600k!!
Added to that a rumoured £80k consultancy fee - £370k....
And other speculated and talked about stuff that may or may not be true, that kitty shrinks quickly
Get one of these little beauts and a stack of ROMS and you can play any emulator you like, plus a lot of the new DirectX all in the palm of your hand.
I remember using a GamePark pocket emu machine many moons ago, until the emu writers got loose on the Sony PSP, all good systems,
I coded some things up for the GP2X, which also worked on some of its successors.
They were cool little gadgets precisely because they were just Linux and you could run anything on them.
The GPWin looks really enticing, I keep seeing it pop up, but I think things like the OpenPandora have tainted me against trying them.
Problem is, nowadays, that we all carry out full-screen, high-res consoles wherever we go. Occasionally people phone us on them, but other than that...
Sounds like the current directors of RCL should be working for government. Bloody minded and hopeless legal appeals, with no regard as to the costs that are stacking up (cos someone else is paying for them) fits the public servant mentality perfectly. Glad they've been found personally liable.
RCL have an approximate legal bill of 100k to add to this; High Court costs are costly! You'd be betting their imminent demise as an entity, given the lack of corporate filings or headway with promised product (1 year and nothing to show but a pain in the buttons).
Any number of orders may now proceed against them, and dwindling funds will accelerate the exodus to shell partner companies as directors stem further legal actions, to secure what remains of 'ring fenced' funds.
In chess, this is the end game.
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