Talk:SCO Group/Archives/2018

Crystal Ball
SCO Group currently contains the statement: "If the restructuring had been confirmed, SCO would have exited Chapter 11, gone private, and repaid all creditors (including Novell and IBM) in full. SNCP would then have received a controlling interest in SCO. A joint press release stated that SNCP's business plans for SCO include both 'unveiling new product lines' and 'see[ing] SCO's legal claims through to their full conclusion. (ref)'"

However, Wikipedia is not a Crystal Ball so the assertion "If the restructuring had been confirmed, SCO would have exited Chapter 11, gone private, and repaid all creditors (including Novell and IBM) in full." cannot stand on its own merit. It is valid encyclopaedic content only if it is attributed to the reference provided after the following sentence. However, that source says: As part of the financing, SNCP will take a controlling interest in the company, while taking it private. As a result, SCO is poised to emerge from Chapter 11 of the United States Bankruptcy Code in the coming year. The Board of Directors of SCO has unanimously determined that this financing and plan of reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, creditors and employees.

...

This reorganization plan will also enable the company to see SCO's legal claims through to their full conclusion.

...

Forward Looking Statements

The statements contained in this press release regarding (i) the transactions contemplated in the memorandum of understanding and the Company's plan of reorganization, and (ii) the contemplated benefits of the Company's plan of reorganization for customers, partners, shareholders, employees, others, (iii) the Company's business plan regarding new products and services and the pursuit of its legal claims (iv) the expectations of SNCP with respect to the Company and its prospects (v) bankruptcy court processes and approvals respecting the company's plan of reorganization, and (vi) other statements that are not historical facts are forward-looking statements and are made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks and uncertainties. We wish to advise readers that a number of important factors could cause actual results to differ materially from historical results or those anticipated in such forward-looking statements. (emphasis mine).

There is a focus on "the pursuit of its legal claims" (ie against parties it considered to have wronged SCO's rights) and a mention on "benefits of the Company's plan of reorganization for [...] others" (potentially Novell and IBM) however there is no support in this citation for the claim in this article that "SCO would have exited Chapter 11, gone private, and repaid all creditors (including Novell and IBM) in full."

I am therefore flagging this claim with Failed verification. 121.212.67.55 (talk) 05:14, 23 October 2018 (UTC)