Recently, SCO Group (SCOXQ) posted a letter to their partners and customers regarding their bankruptcy filing for Chapter 11 protection. Let me first state that I was one of those shareholders who lost virtually all my investment, as well as my son's college fund portfolio to Darl McBride and his SCO Group. From the beginning, I believed they had secured the copyrights to UNIX - they did not! I also believed that SCO would settle out of court and resolve this matter without taking down every shareholder that had an interest in the company. I was wrong. The fact is SCO Group and Mr. McBride knew they did not own the copyright to the source code. I am of the opinion that the bankruptcy court should deny the appeal and force SCO Group to deal creditors.

In the letter, which I have linked to above, Mr. McBride is again stating, "SCO does not believe the evidence supports a finding that SCO owes Novell anything". When will this guy get the message? This man, almost single-handedly robbed me of my investment. Granted, it was not much compared to other investors, but nonetheless it was still my hard earned money. The most disturbing part of this story is that so many investors lost most of their investment to SCO Group and Mr. McBride is still seeking money from other investors.

I do not know who Mr. McBride believes are his partners, but last I checked there are no greater partners than investors. They bring in needed capital and take part in electing board members as well as voting on other company business. I have never been in a situation where I have seen one person so blinded by his own ambitions that reality is no longer relevant.

Mr. McBride, stop fooling investors and yourself. You lost your lawsuit to Novell and you owe them millions. Stop trying to beat a dead horse, or in this case a dead company. My advice is to sell off what is left of the assets, pay off creditors, and close shop.

The Editor