Reply to post: Running out of Cash?

Crossroads Systems takes wrong turn. Is it running out of cash?

Anonymous Coward
Anonymous Coward

Running out of Cash?

That’s $3.3m gone in a quarter. At this rate it will run out of cash in Q4 and that will be that, game over, unless it gets the rights issue cash.

That hasn't stopped SCO from continuing its case against IBM now has it?

El Reg should learn that the only way to totally stop a lawsuit in the US is to Win them in the Supreme court or to buy the company bringing the lawsuit. Even if you win in the USSC you probably won't be able to get your hands on the damages awarded.

The state of litigation in the US means that (IMHO) it won't be too far in the future that you will be advised to employ a $500/hour lawyer just to advise you where to put your feet when moving from your huge Mega SUV to the Fast Food emporium. Just in case you step on an ant and some animal rights libertarian sues you for a gazillion $$$$ bacause of your blatant animal cruelty.

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