LinuxOne Continued Complications
Derek Simkowiak writes "After I informed a potential IPO underwriter about LinuxOne, Inc., they threatened to sue me. What happened after that was even more disappointing". This is an interesting exchange of opinions, facts, threats, and retractions. I highly recommend anyone interested in the future of Linux and Business read this article.
I asked a securities analyst what he would tell a client about this one; here's what he told me. Looks surprisingly positive in the circumstances:
The value of LinuxOne's business is inestimable. The company has made an immeasurable contribution to the open source software, and can expect copious intangible rewards for doing so. The CEO has no small degree of experience as a tech-businessman, and will manage the company with his usual degree of skill for its entire future. Investors can look forward to profits of anything up to 500% more than the company is making now. This is an IPO which the investment community should be falling over each other to learn about.
"The "threatening legal letter" from the Hotmail account appears to be an amateurish fake. I would be very surprised if it turned out to have been sent by a real lawyer. Notice also that when you send threatening letters through e-mail, you don't need real legal letterhead to print them on."
It would surprise me as well to see an attorney for a "technology" firm using a hotmail account to send offcial correspondence. Some things that raised the red flag for me in this "lawyer's" E-Mail:
Overall, this whole message just seems too informal. Most legal communication follows a strict style, including snail mail addresses, formal greetings, closings, and well-defined paragraphs and sentence structure. My guess is that this is someone "playing lawyer." Or maybe they got one of those "Sally Struthers You CAN Learn to be a Lawyer at Home!" kits?
A quick search from www.adanet.org nets:
MICHAEL J. MORRISON
1995 Ridgeview Dr.
Reno, Nevada
(Washoe County)
ADMITTED: 1976
LAW-SCHOOL: McGeorge School of Law (J.D.)
COLLEGE: United States Air Force Academy (B.S.)
BORN: 1945
ISLN: 902352344
The IPO was filed in Nevada was it not? Seems to me that this could be a legit lawyer.
URL: Abanet link to Mr. Morrison's Info
Also of interest is the Business Address cited in the LinuxOne S-1/A:
BUSINESS ADDRESS:
STREET1: 1495 RIDGEVIEW DR
STREET2: SUITE 220
CITY: RENO
STATE: NV
ZIP: 89509
PHONE: 7758276300
URL: FreeEDGAR S-1/A Filing for LinuxOne, Inc.
Conclusion. This e-mail was most likely sent by a real lawyer working for LinuxOne. Unless, of course, you want to get really paranoid and say that they saw the name on the building while renting their fake business office and decided to steal it for harassing honest, hardworking netizens...
Read the S-1/A a little further down and find:
With Copies To:
Michael J. Morrison, Esq.
1495 Ridgeview Drive, Suite 220
Reno, Nevada 89509
Telephone: (775) 827-6300
My guess is they had a real lawyer involved with the filing of their IPO material.
Nuf Said...
Nothing Simple Is Ever Easy
That 530 message is not a real 530 message. They have posted it to fool you. [...] first you get back: 530-There are too many users ... but next you get back a real 530 message 530 Login incorrect
Which is just what the ftp server they're using does when there are too many users.
It first send some 530-Whatever-the-admin-puts, then a 530 Login incorrect.
This is perfectly valid according to the RFCs, as long as all but the last line have a "-" after the 530.
I wrote the server program they're using, so rest assured I know how it behaves.
It's entirely possible, though, that they set a limit of 1 user and they have that one permitted connection opened for themselves - I can't get in either.
This message is provided under the terms outlined at http://www.bero.org/terms.html