Comments on: Actionopolis/Komikwerks on AMS/PGW http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/ The News Blog of Comics Culture Sun, 08 Nov 2009 23:15:53 +0000 http://wordpress.org/?v=2.0.2 by: Haviva http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-3159975 Mon, 20 Apr 2009 21:50:36 +0000 http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-3159975 You are a very smart person! You are a very smart person!

]]> by: Prantha Trivedi http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-34142 Mon, 08 Jan 2007 01:15:03 +0000 http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-34142 Note that PGW filed a bk as well as AMS. I think the FBI is probably through with them (people already pled guilty, there was house cleaning in the exec ranks, etc.) I think that BK cleanses a lot of stuff outta there - as far as the IRS and SEC are concerned. Pran Note that PGW filed a bk as well as AMS. I think the FBI is probably through with them (people already pled guilty, there was house cleaning in the exec ranks, etc.) I think that BK cleanses a lot of stuff outta there - as far as the IRS and SEC are concerned.

Pran

]]> by: Richard Nash http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-33060 Fri, 05 Jan 2007 19:49:44 +0000 http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-33060 AMS is very unlikely to find a buyer for its own business. AMS is looking for a buyer for PGW (which makes money—unlike AMS, which not only loses money, but is still being investigated by the FBI and the SEC) and its 25% stake in Canadian publisher Raincoast. Believe me, it is very clear that Wells Fargo Foothill, the debtor-in-possession right now having loaned them $75 million at the exact same time as it was denying htem an ordinary line of credit is intersted in getting its money, which will happen NOT by a sale of AMS (which is worth nothing) but of PGW. Which will be achieved on the backs of PGW's clients, who are owed three months sales, and who will see pennies of the dollar if AMS/Wells Fargo are allowed to pay themselves back forst from the proceeds of a sale of PGW... AMS is very unlikely to find a buyer for its own business. AMS is looking for a buyer for PGW (which makes money—unlike AMS, which not only loses money, but is still being investigated by the FBI and the SEC) and its 25% stake in Canadian publisher Raincoast. Believe me, it is very clear that Wells Fargo Foothill, the debtor-in-possession right now having loaned them $75 million at the exact same time as it was denying htem an ordinary line of credit is intersted in getting its money, which will happen NOT by a sale of AMS (which is worth nothing) but of PGW. Which will be achieved on the backs of PGW’s clients, who are owed three months sales, and who will see pennies of the dollar if AMS/Wells Fargo are allowed to pay themselves back forst from the proceeds of a sale of PGW…

]]> by: Prantha Trivedi http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32873 Fri, 05 Jan 2007 07:25:46 +0000 http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32873 After reading this, I re-read some of the articles about AMS. It looks obvious when you read them with this insight. (I think Actionopolis has inside information!) After reading this, I re-read some of the articles about AMS. It looks obvious when you read them with this insight. (I think Actionopolis has inside information!)

]]> by: Edward Champion’s Return of the Reluctant » AMS Bankruptcy Fallout http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32824 Fri, 05 Jan 2007 03:36:29 +0000 http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32824 [...] At The Beat, comics publisher Actionopolis/Komikwerks offers a response. Shannon Eric Denton and Patrick Coyle relay their attorney’s thoughts: AMS is looking for a buyer, but that a “fresh start” will enable any new company not to take on the debt. So they may be more attractive now than they were before the bankruptcy filing. [...] […] At The Beat, comics publisher Actionopolis/Komikwerks offers a response. Shannon Eric Denton and Patrick Coyle relay their attorney’s thoughts: AMS is looking for a buyer, but that a “fresh start” will enable any new company not to take on the debt. So they may be more attractive now than they were before the bankruptcy filing. […]

]]> by: Journalista » Blog Archive » Jan. 4, 2007: Bowties and sweater vests http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32667 Thu, 04 Jan 2007 17:14:03 +0000 http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32667 [...] The Beat features the reaction by Actionopolis/Komikwerks to news that their bookstore distributor has entered Chapter 11 bankruptcy proceedings. [...] […] The Beat features the reaction by Actionopolis/Komikwerks to news that their bookstore distributor has entered Chapter 11 bankruptcy proceedings. […]

]]> by: Dean Haspiel http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32352 Wed, 03 Jan 2007 19:53:47 +0000 http://pwbeat.publishersweekly.com/blog/2007/01/03/actionopoliskomikwerks-on-amspgw/#comment-32352 BOTTOM LINE: in order to succeed, the author has to become the publisher and the publicist and, sometimes, the printer, too. BOTTOM LINE: in order to succeed, the author has to become the publisher and the publicist and, sometimes, the printer, too.

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