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More On The Psystar Bankruptcy

Posted by: Arik Hesseldahl on June 12

More filings have appeared in the matter of the bankruptcy of Psystar, the small Florida company that had tried to build a business of selling Mac clones. According to documents on file with the US Bankruptcy Court for the Southern District of Florida, Psystar appears to owe Apple $75,000, though it not entirely clear for what. Computerworld suggests that it may be for some 581 copies of Mac OS X Leopard.

As noted before, other debts are to lawyers, shipping companies, payment processors and the IRS. It appears to have recorded $412,417 in revenue in its business operations from January to May of 2009.

One other interesting revelation: Many had hoped to find out who has been bankrolling Psystar. No answer there. Page 25 of the 26-page filing lists “equity security holders.” Psystar’s answer: None.

I pulled the filing myself, and uploaded to Scribd. Have a look for yourself.

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Reader Comments

Perry Clease

June 12, 2009 05:47 PM

I read a post, purportedly from a lawyer, on the MacObserver that if someone gifts money to a business then that does not have to be revealed in bankruptcy filings. Ergo there could still be a deep pocket that wants to break Apple's EULA.

Go to

http://www.macobserver.com/tmo/article/psystar_financials_dont_reveal_deep_pocket_company/

and scroll down to terrin's post

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A blog on the daily doings of Apple and the many companies in its orbit, with insight and analysis by two longtime Apple-watchers BusinessWeek Senior Writer Peter Burrows and BusinessWeek.com Senior Technology Writer Arik Hesseldahl.

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