Gee... I missed this one. Too much involved in packing gifts and chlilling Sauternes bottles... And I do hang out with their accountants every now and then! Well, the folks at MandrakeSoft just raised some cash, just in time for Xmas (did you know that Jacques Le Marois, Co-founder & CEO of Mandrakesoft is not a too distant relative of my wife's ? Genealogy does help every now and then ;) Actually he is also the CEO of Geneanet, the company hosting my online family tree... small world.).
I blogged about their latest release 10.0 a couple of months ago.
Anyways, from their press release (via OSNews):
Moreno Valley, CA; Paris, France; December 22, 2004. Mandrakesoft closed a 3.05 million euros increase of capital via subscription for 508,333 new shares at 6 euros per share, an increase in shares of 10.58%. Shares outstanding are now 5,312,889. Independently, Mandrakesoft negotiated the retirement of 1.45 million euros of debt via one time cash payments totaling 0.51 million euros, or 35%.
This transaction adds 0.78 million euros to shareholder equity. Combined with retained earnings, the acquisition of Edge-IT, the negotiated retirement of debt (including that which was announced previously), and the share subscriptions, shareholder equity has gone from a 3.73 million euros deficit in March 2004, to the current positive 1.97 million euros. This satisfies a prerequisite for the transfer from the Marché Libre to a larger Euronext market.
Guys, care to send me one of your DVD distributions so that I stop working with Fedora (1 minor reason here) and start testing your stuff ? I even have a machine ready for that ;)
Update on 30/12/04: check a recent online review of their latest edition: Mandrake 10.1 Official Club DVD Edition.
