Bonum Certa Men Certa

Insolvency: Debt of Sirius 'Open Source' Surged by About 20% in One Year (Not Counting Debt in Other Shells), Assets Fell by Nearly Half

It's finally out (hours ago).

Sirius 2023 accounting

Sirius report for 2022 page 1

Sirius report for 2022 page 2

Sirius report for 2022 page 3

Sirius report for 2022 page 4

Sirius report for 2022 page 5: The accountant's address since 2 weeks prior

Sirius report for 2022 page 6

Sirius report for 2022 page 7

Sirius report for 2022 page 8

Sirius report for 2022 page 9

Note: The pension fraud would require investigating that shell abroad. 3 entities are deep in debt.

Sirius report for 2022 page 10

Sirius report for 2022 page 11

Summary: As noted the other day, Sirius 'Open Source' was eerily quiet or inactive and there was nothing for July until today (the very last day of the month) regarding its finances (e.g. balance sheet and headcount); the company still claims to be based where the accountant is (still the same accountancy) and the losses deepened last year, with only 166 pounds in the bank, a massive decrease in net assets, and debt growing by 20% (up until October 31st, i.e. a month before both my wife and I resigned, followed by several senior colleagues). This was only "[a]pproved and authorised by the director" today; the company claims to have "7" member of staff, but that was a year ago and it's a lot less now. As it turns out, selling out to Bill Gates and playing to the tune of Microsofters who dox employees was a big mistake (Microsoft had attempted this years prior, as usual).

"Netscape hired me to represent their interests, and when I announced this, controversy ensued. Which is a nice way of saying that Microsoft went berserk; tried unsuccessfully to get me fired as co-editor, and then launched a vicious, deeply personal extended attack in which they tried to destroy my career and took lethal action against a small struggling company because my wife worked there. It was a sideshow of a sideshow of the great campaign to bury Netscape and I’m sure the executives have forgotten; but I haven’t."

--Tim Bray



Recent Techrights' Posts

Links 23/11/2024: Press Sold to Vultures, New LLM Blunders
Links for the day
Links 23/11/2024: "Relationship with Oneself" and Yretek.com is Back
Links for the day
Links 23/11/2024: "Real World" Cracked and UK Online Safety Act is Law
Links for the day
Links 23/11/2024: Celebrating Proprietary Bluesky (False Choice, Same Issues) and Software Patents Squashed
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Friday, November 22, 2024
IRC logs for Friday, November 22, 2024
Gemini Links 23/11/2024: 150 Day Streak in Duolingo and ICBMs
Links for the day
Links 22/11/2024: Dynamic Pricing Practice and Monopoly Abuses
Links for the day
Topics We Lacked Time to Cover
Due to a Microsoft event (an annual malware fest for lobbying and marketing purposes) there was also a lot of Microsoft propaganda
Microsofters Try to Defund the Free Software Foundation (by Attacking Its Founder This Week) and They Tell People to Instead Give Money to Microsoft Front Groups
Microsoft people try to outspend their critics and harass them
[Meme] EPO for the Kids' Future (or Lack of It)
Patents can last two decades and grow with (or catch up with) the kids
EPO Education: Workers Resort to Legal Actions (Many Cases) Against the Administration
At the moment the casualties of EPO corruption include the EPO's own staff
Gemini Links 22/11/2024: ChromeOS, Search Engines, Regular Expressions
Links for the day
This Month is the 11th Month of This Year With Mass Layoffs at Microsoft (So Far It's Happening Every Month This Year, More Announced Hours Ago)
Now they even admit it
Links 22/11/2024: Software Patents Squashed, Russia Starts Using ICBMs
Links for the day
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Thursday, November 21, 2024
IRC logs for Thursday, November 21, 2024
Gemini Links 21/11/2024: Alphabetising 400 Books and Giving the Internet up
Links for the day
Links 21/11/2024: TikTok Fighting Bans, Bluesky Failing Users
Links for the day
Links 21/11/2024: SpaceX Repeatedly Failing (Taxpayers Fund Failure), Russian Disinformation Spreading
Links for the day
Richard Stallman Earned Two More Honorary Doctorates Last Month
Two more doctorate degrees
KillerStartups.com is an LLM Spam Site That Sometimes Covers 'Linux' (Spams the Term)
It only serves to distract from real articles
Over at Tux Machines...
GNU/Linux news for the past day
IRC Proceedings: Wednesday, November 20, 2024
IRC logs for Wednesday, November 20, 2024