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Subject: Re: Another high profile company goes out

Author: Larry Proffer

Date: 14:42:45 05/13/01

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On May 13, 2001 at 17:23:23, Ritter Rost wrote:

>
>On May 13, 2001 at 15:41:48, Alastair Grant wrote:
>
>>Are you talking about David Levy's company? If yes, who is going to rescue the
>>ICCA?
>>
>
>The story is here:
>
>http://news.independent.co.uk/uk/this_britain/story.jsp?story=71910+
>
><quote>
>But Mr Keene says the abundance of eggheads was a common organisational problem
>not confined to the Olympiad's situation. "Every five years you find some Mensa
>executive hanging upside down from a tree wearing women's underwear," said Mr
>Keene, chess grand master and author of a world record 108 books on chess. "When
>you get a lot of people with enormous IQs around they are very reluctant to
>listen to anybody else with a valid point of view."
></quote>
>
>Sounds like good analysis to me.

Yes, very amusing.

But, I don't think it actually accounts for the demise of Mind Sports
Organisation Worldwide Limited which appears to hold a lot of debt and not much
else.

Strange.

I shall continue to research.

>
>
>>
>>On May 13, 2001 at 14:32:16, Larry Proffer wrote:
>>
>>>
>>>
>>>There's another high profile company intimately connected to the computer chess
>>>world in liquidation this week.
>>>
>>>Debts of Pounds Sterling 46455.28 (nearly half a million quid)
>>>
>>>Loans to be repaid of Pounds Sterling 2,008,000.00 (two million quid)
>>>
>>>Assets valued at Pounds Sterling 9582.00 (nine thousand quid)
>>>
>>>That's a deficit owing of around 2.5 mn Sterling.
>>>
>>>I wonder who that was?
>>>
>>>Will he/she/it/they come and tell us how it all happened?
>>>
>>>Who he/she/it/they is/ tell us who they are?
>>>
>>>And how he/she/it/they intends to pay all these creditors?



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