Why Commodore Failed.srt

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but your meditation

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you

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you

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my name is Trevor and<font color="#E5E5E5"> I am on the</font><font color="#CCCCCC"> mega</font>

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<font color="#E5E5E5">holic my name is David</font><font color="#CCCCCC"> and I was an</font>

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<font color="#E5E5E5">Omega dispenser but can I tell you I am</font>

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<font color="#E5E5E5">extremely proud of</font><font color="#CCCCCC"> it of all the things</font>

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I've done<font color="#CCCCCC"> in my life and I've had an</font>

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extremely varied and<font color="#E5E5E5"> colorful life my</font>

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<font color="#E5E5E5">time with Commodore and selling the</font>

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amiga was the best it's absolutely been

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phenomenal<font color="#CCCCCC"> and I can't change that and I</font>

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would<font color="#CCCCCC"> never</font><font color="#E5E5E5"> want</font><font color="#CCCCCC"> to change</font><font color="#E5E5E5"> we must not</font>

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lose<font color="#CCCCCC"> sight of the reality</font><font color="#E5E5E5"> and</font><font color="#CCCCCC"> that is</font>

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that when when<font color="#E5E5E5"> Commodore launched the</font>

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initiative<font color="#E5E5E5"> the vic-20 and</font><font color="#CCCCCC"> then very</font>

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quickly afterwards the Commodore 64<font color="#CCCCCC"> it</font>

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was<font color="#CCCCCC"> a</font><font color="#E5E5E5"> time when the world needed that</font>

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kind<font color="#E5E5E5"> of</font><font color="#CCCCCC"> technology and and we supplied</font>

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at an affordable price<font color="#CCCCCC"> at that</font><font color="#E5E5E5"> moment in</font>

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time<font color="#E5E5E5"> something</font><font color="#CCCCCC"> that people were able to</font>

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suddenly buy into and it did change

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their lives

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well<font color="#E5E5E5"> not in Poland I have to say though</font>

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<font color="#E5E5E5">I was still using</font><font color="#CCCCCC"> my</font><font color="#E5E5E5"> Amiga 4000</font><font color="#CCCCCC"> tower</font>

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which I built myself<font color="#E5E5E5"> back in 2000</font>

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<font color="#E5E5E5">because it was my</font><font color="#CCCCCC"> day-to-day computer so</font>

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what I'm<font color="#E5E5E5"> saying is that I</font><font color="#CCCCCC"> don't</font><font color="#E5E5E5"> think we</font>

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could<font color="#E5E5E5"> even though we're</font><font color="#CCCCCC"> talking</font><font color="#E5E5E5"> about</font>

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<font color="#E5E5E5">the Amiga and that's not here today</font><font color="#CCCCCC"> and</font>

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and there<font color="#E5E5E5"> are celebrations all around</font>

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the world<font color="#CCCCCC"> still going on which is</font><font color="#E5E5E5"> really</font>

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quite considerable when you think about

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<font color="#E5E5E5">it this immense it all stemmed from the</font>

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fact<font color="#CCCCCC"> that Commodore</font><font color="#E5E5E5"> in the early days</font>

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was part of an<font color="#E5E5E5"> organization that</font><font color="#CCCCCC"> there</font>

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<font color="#CCCCCC">ceded home computing</font><font color="#E5E5E5"> into the world</font>

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and and they produce products at

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affordable<font color="#CCCCCC"> prices</font><font color="#E5E5E5"> wouldn't know what</font>

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today would<font color="#CCCCCC"> you</font><font color="#E5E5E5"> by the way</font><font color="#CCCCCC"> cut you know</font>

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<font color="#E5E5E5">way history rewrites itself</font><font color="#CCCCCC"> oh</font>

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absolutely<font color="#CCCCCC"> I mean people forget these</font>

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days<font color="#CCCCCC"> they</font><font color="#E5E5E5"> even</font><font color="#CCCCCC"> know that</font><font color="#E5E5E5"> Commodore huh</font><font color="#CCCCCC"> a</font>

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lot<font color="#CCCCCC"> of people who young people don't</font>

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<font color="#E5E5E5">even know what Commodore is history's</font>

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always written<font color="#E5E5E5"> by the victors remember</font>

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<font color="#E5E5E5">that yeah this</font><font color="#CCCCCC"> is not true here</font><font color="#E5E5E5"> we are</font>

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in 2017

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everybody talks about<font color="#CCCCCC"> PCs</font><font color="#E5E5E5"> but</font><font color="#CCCCCC"> they took</font>

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our<font color="#E5E5E5"> pcs as a generic product</font>

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there isn't one outstanding PC<font color="#E5E5E5"> they're</font>

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all the same<font color="#E5E5E5"> their technology is</font><font color="#CCCCCC"> exactly</font>

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the<font color="#E5E5E5"> same and it's just it is a moment in</font>

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time<font color="#E5E5E5"> where as when the Amiga was</font>

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launched it<font color="#E5E5E5"> was so far ahead of its time</font>

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<font color="#CCCCCC">it enabled people to</font><font color="#E5E5E5"> do things that they</font>

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never dreamt<font color="#CCCCCC"> believe</font><font color="#E5E5E5"> impossible</font>

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<font color="#E5E5E5">multitasking of course and and it was</font>

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<font color="#E5E5E5">the people like the early adopters of</font>

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<font color="#E5E5E5">Omega</font><font color="#CCCCCC"> who changed the face of history</font>

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and computing forever<font color="#E5E5E5"> because they took</font>

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<font color="#CCCCCC">took it on board</font><font color="#E5E5E5"> and then they would</font>

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they<font color="#CCCCCC"> develop</font><font color="#E5E5E5"> their own personal</font><font color="#CCCCCC"> assets</font>

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<font color="#E5E5E5">and made the</font><font color="#CCCCCC"> Amiga something which it</font>

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was never really<font color="#CCCCCC"> designed to be because</font>

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I mean luckily<font color="#CCCCCC"> it was ahead of its time</font>

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<font color="#CCCCCC">but the truth</font><font color="#E5E5E5"> of the matter it's the</font>

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people who made<font color="#CCCCCC"> it absolutely</font><font color="#E5E5E5"> is the</font>

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people in<font color="#CCCCCC"> made and of course in Poland</font>

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<font color="#CCCCCC">the</font><font color="#E5E5E5"> Amiga was probably seven or eight</font>

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years later because of<font color="#CCCCCC"> their at</font><font color="#E5E5E5"> least</font>

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five so even after<font color="#CCCCCC"> death of Commodore</font>

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<font color="#CCCCCC">and the movement</font><font color="#E5E5E5"> of the technology to</font>

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Escom and they<font color="#E5E5E5"> failed pretty quickly</font>

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<font color="#E5E5E5">because various things</font><font color="#CCCCCC"> and then gateway</font>

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and nothing really<font color="#E5E5E5"> happened</font><font color="#CCCCCC"> there either</font>

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they make us big<font color="#CCCCCC"> he got a foothold in</font>

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<font color="#E5E5E5">pole yeah so that's that's the unique</font>

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thing<font color="#CCCCCC"> about the everything but I think</font>

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you know you gotta remember that that

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the Amiga was a product which<font color="#E5E5E5"> is</font>

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<font color="#E5E5E5">absolutely right for</font><font color="#CCCCCC"> the time</font><font color="#E5E5E5"> the fact</font>

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of the matter is<font color="#CCCCCC"> that Poland was behind</font>

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the times

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so so when it was right eventually

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eventually that Poland was right<font color="#E5E5E5"> for the</font>

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time<font color="#E5E5E5"> and that product</font><font color="#CCCCCC"> was</font><font color="#E5E5E5"> perfect for</font><font color="#CCCCCC"> it</font>

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but the sad thing<font color="#E5E5E5"> the really really sad</font>

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thing is<font color="#E5E5E5"> that</font><font color="#CCCCCC"> first of all the thing</font>

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that that<font color="#CCCCCC"> Escom did is that they fired</font>

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or let all of the<font color="#CCCCCC"> amiga engineers go</font>

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they didn't retain one of them so that

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tells<font color="#E5E5E5"> me they had</font><font color="#CCCCCC"> no intention to</font>

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promote<font color="#E5E5E5"> the amiga long term the worst</font>

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thing of all was that what<font color="#E5E5E5"> Commodore was</font>

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developing at that moment in<font color="#CCCCCC"> time was</font>

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sensational

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and today and<font color="#CCCCCC"> today in 2017 if that</font>

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product<font color="#CCCCCC"> was launched</font><font color="#E5E5E5"> today</font><font color="#CCCCCC"> it would</font>

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still<font color="#E5E5E5"> be sensational</font><font color="#CCCCCC"> because it was that</font>

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far ahead of<font color="#E5E5E5"> its</font><font color="#CCCCCC"> time</font>

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and they let<font color="#CCCCCC"> it go there is an</font>

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<font color="#E5E5E5">overriding message that you guys must</font>

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understand and I swear<font color="#CCCCCC"> to</font><font color="#E5E5E5"> you on</font><font color="#CCCCCC"> my</font>

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children's<font color="#E5E5E5"> lives I believe this with</font><font color="#CCCCCC"> all</font>

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my<font color="#E5E5E5"> heart</font><font color="#CCCCCC"> the reason why Commodore ended</font>

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up doing what it did<font color="#E5E5E5"> is that from the</font>

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<font color="#CCCCCC">very beginning they never ever had a</font>

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business<font color="#E5E5E5"> plan</font><font color="#CCCCCC"> of any kind they stumbled</font>

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<font color="#E5E5E5">from one crisis to the next yeah some of</font>

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the decisions I made<font color="#E5E5E5"> were absolutely</font>

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obscene<font color="#CCCCCC"> and then put the people that</font>

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they employed well they did they just

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did<font color="#CCCCCC"> not know how to employ the</font><font color="#E5E5E5"> right</font>

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people<font color="#CCCCCC"> and Mary Ally in particular was</font>

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<font color="#CCCCCC">the worst culprit</font><font color="#E5E5E5"> he would employ people</font>

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<font color="#E5E5E5">who had no they know he restructured</font>

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Commodore<font color="#E5E5E5"> and revitalized it of course</font>

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<font color="#E5E5E5">it did it says I mean every every person</font>

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that<font color="#CCCCCC"> he recruited himself was a disaster</font>

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an absolute disaster<font color="#CCCCCC"> I mean that I'll</font>

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give you an<font color="#E5E5E5"> example</font><font color="#CCCCCC"> it's all it</font><font color="#E5E5E5"> is in my</font>

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book anyway but let me give you an

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example<font color="#E5E5E5"> right</font><font color="#CCCCCC"> he recruited a new head of</font>

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<font color="#E5E5E5">engineering bill</font><font color="#CCCCCC"> cydnus bill came from</font>

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IBM and<font color="#CCCCCC"> bill was responsible for the PC</font>

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<font color="#CCCCCC">jr. which was a</font><font color="#E5E5E5"> disaster itself right so</font>

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<font color="#CCCCCC">he recruited him</font><font color="#E5E5E5"> now</font>

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I went to I<font color="#E5E5E5"> went and ran Commodore</font>

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<font color="#CCCCCC">u.s. Commodore Ian</font>

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the consumer division<font color="#E5E5E5"> from January of</font>

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1992 right I'd spent five six days at

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the<font color="#E5E5E5"> CES in Las Vegas and then I went and</font>

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took up my position in the office<font color="#E5E5E5"> and</font>

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first thing I<font color="#CCCCCC"> did was to go up and say</font>

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<font color="#CCCCCC">hello to all the engineers we had</font><font color="#E5E5E5"> seven</font>

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<font color="#E5E5E5">seven Amiga engineers people like</font>

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Devaney and<font color="#E5E5E5"> and Edie</font>

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they'd<font color="#E5E5E5"> Hepler and people like that right</font>

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<font color="#E5E5E5">lovely people we had 44</font><font color="#CCCCCC"> zero PC</font>

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engineers<font color="#CCCCCC"> what</font><font color="#E5E5E5"> you tell me</font>

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that's exactly my<font color="#CCCCCC"> quest</font><font color="#E5E5E5"> and the reason</font>

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we had them is because<font color="#CCCCCC"> Villa sydnor's</font>

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there were mates of his from<font color="#E5E5E5"> for IBM and</font>

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<font color="#CCCCCC">he gave them all</font><font color="#E5E5E5"> a job now first of all</font>

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if you<font color="#CCCCCC"> were</font><font color="#E5E5E5"> going to be in the PC market</font>

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<font color="#E5E5E5">you certainly wouldn't make your own</font>

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<font color="#E5E5E5">when all the five was making them as</font>

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cheap as cheap as<font color="#CCCCCC"> they can</font><font color="#E5E5E5"> so what</font><font color="#CCCCCC"> well</font>

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you wouldn't<font color="#E5E5E5"> even assemble them know</font>

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what you<font color="#E5E5E5"> would do is you would license</font>

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your name absolutely<font color="#E5E5E5"> and then what you</font>

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do<font color="#CCCCCC"> is you say you can produce CBM pcs</font>

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<font color="#CCCCCC">all</font><font color="#E5E5E5"> right</font>

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because CBM<font color="#E5E5E5"> at one time the name was as</font>

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<font color="#E5E5E5">valuable as IBM and you say you can and</font>

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<font color="#E5E5E5">you pay us</font><font color="#CCCCCC"> a royalty 2% or</font><font color="#E5E5E5"> something</font>

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like<font color="#E5E5E5"> that</font><font color="#CCCCCC"> right</font><font color="#E5E5E5"> and that</font><font color="#CCCCCC"> money is</font><font color="#E5E5E5"> coming</font>

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<font color="#E5E5E5">in all the</font><font color="#CCCCCC"> time oh by the way if you</font>

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<font color="#E5E5E5">would like us and our sales team to sell</font>

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<font color="#CCCCCC">this for</font><font color="#E5E5E5"> you</font><font color="#CCCCCC"> we'll sell them for</font><font color="#E5E5E5"> you for</font>

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<font color="#CCCCCC">it for a commission but you don't invest</font>

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in it you<font color="#E5E5E5"> don't pay the manufacturing</font>

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<font color="#E5E5E5">you don't design it they make it</font>

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<font color="#E5E5E5">you take order you go out all of your</font>

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stores every store in America every

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store<font color="#CCCCCC"> in</font><font color="#E5E5E5"> the UK we store in Germany and</font>

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you take orders<font color="#E5E5E5"> for these and then you</font>

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send them the orders<font color="#E5E5E5"> and then they send</font>

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it<font color="#CCCCCC"> to you</font>

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because<font color="#E5E5E5"> he's already been bought that is</font>

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not rocket science<font color="#E5E5E5"> and as we know an</font>

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<font color="#E5E5E5">inner business even today</font>

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but<font color="#E5E5E5"> engineers works engineers are</font>

178
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expensive<font color="#E5E5E5"> exactly</font>

179
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<font color="#E5E5E5">engineers are very busy so you</font>

180
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understand the<font color="#E5E5E5"> point I'm trying to make</font>

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is<font color="#CCCCCC"> that people are</font><font color="#E5E5E5"> employed and they</font>

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made decisions<font color="#CCCCCC"> that were completely</font>

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against the<font color="#E5E5E5"> wealth</font><font color="#CCCCCC"> and welfare of the</font>

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company that<font color="#E5E5E5"> they</font><font color="#CCCCCC"> were working for</font><font color="#E5E5E5"> they</font>

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did it<font color="#E5E5E5"> for their own purposes</font><font color="#CCCCCC"> right</font><font color="#E5E5E5"> and</font>

186
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that's one perfectly good example<font color="#CCCCCC"> right</font>

187
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<font color="#CCCCCC">and I don't</font><font color="#E5E5E5"> care I'm gonna print this</font>

188
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<font color="#E5E5E5">and somebody can come at me with</font>

189
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<font color="#CCCCCC">anything they want</font><font color="#E5E5E5"> because I know it's</font>

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true<font color="#E5E5E5"> and</font><font color="#CCCCCC"> you want</font><font color="#E5E5E5"> to take me to court</font>

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and Sue me<font color="#E5E5E5"> that</font><font color="#CCCCCC"> look to you</font><font color="#E5E5E5"> because I</font>

192
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know it's true it's ridiculous<font color="#E5E5E5"> the same</font>

193
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thing about manufacturing<font color="#E5E5E5"> you know we</font>

194
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opened<font color="#E5E5E5"> up a manufacturing plant in the</font>

195
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Philippines<font color="#CCCCCC"> you know you know</font><font color="#E5E5E5"> about that</font>

196
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we opened<font color="#E5E5E5"> up we had a new idea Amelia</font>

197
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<font color="#E5E5E5">but when a new</font><font color="#CCCCCC"> guy many recruited this</font>

198
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guy and he<font color="#E5E5E5"> said</font><font color="#CCCCCC"> he said closed and or he</font>

199
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closed down<font color="#CCCCCC"> all these factories</font><font color="#E5E5E5"> wherever</font>

200
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they were at at Hong Kong<font color="#E5E5E5"> and various</font>

201
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<font color="#E5E5E5">places</font>

202
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we're<font color="#E5E5E5"> gonna</font><font color="#CCCCCC"> manufacture in the</font>

203
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Philippines<font color="#E5E5E5"> now the first thing let me</font>

204
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<font color="#E5E5E5">tell you is</font><font color="#CCCCCC"> that we didn't have a small</font>

205
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<font color="#E5E5E5">amount of business in the Far East</font><font color="#CCCCCC"> we</font>

206
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had no business we were not selling

207
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<font color="#CCCCCC">Commodore products anywhere in the Far</font>

208
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East<font color="#E5E5E5"> so setting up in the Philippines</font>

209
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<font color="#CCCCCC">when it when you are manufacturing</font>

210
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<font color="#CCCCCC">something</font><font color="#E5E5E5"> which is five weeks by boat</font>

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from<font color="#CCCCCC"> your main market in a market which</font>

212
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is<font color="#CCCCCC"> so volatile in terms of that</font><font color="#E5E5E5"> was</font>

213
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<font color="#E5E5E5">nonsense to do that and do you know why</font>

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he set up in the<font color="#E5E5E5"> Philippines he set up</font>

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because<font color="#E5E5E5"> he used to the company worked</font>

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for before<font color="#E5E5E5"> set up in the Philippines</font><font color="#CCCCCC"> and</font>

217
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he<font color="#CCCCCC"> had</font><font color="#E5E5E5"> been he had a mistress in</font><font color="#CCCCCC"> the</font>

218
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Philippines<font color="#CCCCCC"> that's a good reason</font><font color="#E5E5E5"> I</font>

219
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didn't<font color="#E5E5E5"> say that sorry</font><font color="#CCCCCC"> that's a very bad</font>

220
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reason David my book<font color="#CCCCCC"> well I mean</font><font color="#E5E5E5"> all I'm</font>

221
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doing<font color="#E5E5E5"> is I'm relating all of these</font>

222
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things which I know from my perspective

223
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are true because I got first of<font color="#E5E5E5"> all does</font>

224
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that<font color="#E5E5E5"> mean from my</font><font color="#CCCCCC"> perspective than not</font>

225
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no no no all I can tell you is this is<font color="#CCCCCC"> a</font>

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<font color="#E5E5E5">I</font><font color="#CCCCCC"> this is your novel</font>

227
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history and knowledge<font color="#E5E5E5"> as far as you're</font>

228
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aware<font color="#CCCCCC"> the</font><font color="#E5E5E5"> fact of the</font><font color="#CCCCCC"> matter is is that</font>

229
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<font color="#CCCCCC">I</font><font color="#E5E5E5"> have a very poor</font><font color="#CCCCCC"> memory so I make a</font>

230
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<font color="#E5E5E5">very bad</font><font color="#CCCCCC"> liar if I lie and</font><font color="#E5E5E5"> I can't</font>

231
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remember what I've<font color="#CCCCCC"> said</font><font color="#E5E5E5"> so</font><font color="#CCCCCC"> I</font><font color="#E5E5E5"> don't lie</font>

232
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<font color="#E5E5E5">it's not in me to lie so everything</font><font color="#CCCCCC"> I'm</font>

233
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recalling<font color="#E5E5E5"> unless I've forgotten</font>

234
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<font color="#CCCCCC">something it's the truth everything I'm</font>

235
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<font color="#E5E5E5">telling is</font><font color="#CCCCCC"> true there may be more to it</font>

236
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but<font color="#CCCCCC"> everything I'm telling you</font><font color="#E5E5E5"> is</font><font color="#CCCCCC"> the</font>

237
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truth<font color="#CCCCCC"> so I I just felt that with</font>

238
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Commodore and<font color="#E5E5E5"> my passion for that</font>

239
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company<font color="#E5E5E5"> nobody's really told the story</font>

240
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all these books<font color="#E5E5E5"> that have come out they</font>

241
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all on the<font color="#CCCCCC"> surface they're all around</font>

242
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and about<font color="#E5E5E5"> and it's all</font><font color="#CCCCCC"> flurry and all of</font>

243
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this I<font color="#CCCCCC"> wanted to tell the truth</font><font color="#E5E5E5"> and and</font>

244
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and from<font color="#E5E5E5"> the inside from the inside we</font>

245
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<font color="#E5E5E5">need you</font>

246
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well I mean the fact that I<font color="#E5E5E5"> you know I</font>

247
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sold so<font color="#E5E5E5"> many books when I did the</font>

248
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Kickstarter which absolutely floored me

249
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<font color="#CCCCCC">it says people obviously</font><font color="#E5E5E5"> want it you</font>

250
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know I<font color="#E5E5E5"> mean but all I can say</font><font color="#CCCCCC"> to you</font><font color="#E5E5E5"> is</font>

251
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<font color="#CCCCCC">that I promise</font><font color="#E5E5E5"> you that what you will</font>

252
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get is<font color="#CCCCCC"> the truth as far</font><font color="#E5E5E5"> as I'm aware and</font>

253
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and warts and all<font color="#E5E5E5"> I'll tell you all the</font>

254
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bad<font color="#CCCCCC"> things as well as the good things</font>

255
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you know<font color="#E5E5E5"> because I think everybody needs</font>

256
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to<font color="#E5E5E5"> know yeah I believe</font><font color="#CCCCCC"> so I mean because</font>

257
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Commodore UK remained alive and

258
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prosperous business for<font color="#CCCCCC"> seventeen months</font>

259
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<font color="#CCCCCC">I think it was from from</font><font color="#E5E5E5"> the day that</font>

260
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<font color="#E5E5E5">Commodore international declared their</font>

261
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bankruptcy<font color="#E5E5E5"> and that's because we were</font>

262
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the strongest business for the whole of

263
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<font color="#CCCCCC">the world for Commodore</font><font color="#E5E5E5"> because</font>

264
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everything<font color="#CCCCCC"> that we did</font><font color="#E5E5E5"> was built on</font>

265
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solid foundation<font color="#E5E5E5"> we got paid for</font>

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<font color="#E5E5E5">everything</font><font color="#CCCCCC"> that we did and it was</font><font color="#E5E5E5"> a</font>

267
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solid business<font color="#E5E5E5"> if I tell you that at the</font>

268
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day that we<font color="#E5E5E5"> closed the doors we had</font><font color="#CCCCCC"> six</font>

269
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million pounds<font color="#E5E5E5"> pounds worth of tax</font>

270
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credits<font color="#CCCCCC"> that whoever and we tried we</font>

271
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tried so hard to get<font color="#CCCCCC"> S come to take on</font>

272
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Commodore UK<font color="#E5E5E5"> because that meant that</font>

273
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<font color="#E5E5E5">they could have sold millions and</font>

274
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millions<font color="#E5E5E5"> and</font><font color="#CCCCCC"> millions worth of product</font>

275
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whatever<font color="#E5E5E5"> it was before the UK through</font>

276
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the UK before<font color="#E5E5E5"> they had to pay any tax</font>

277
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<font color="#E5E5E5">now that in</font><font color="#CCCCCC"> itself</font><font color="#E5E5E5"> is valuable so</font><font color="#CCCCCC"> you</font>

278
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<font color="#CCCCCC">know always tax credits how do you not</font>

279
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<font color="#E5E5E5">make it you must have making loss yeah</font>

280
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but the reason<font color="#E5E5E5"> for that is</font><font color="#CCCCCC"> that all</font>

281
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company

282
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work on transfer pricing so let me give

283
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you an example<font color="#E5E5E5"> these aren't necessarily</font>

284
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<font color="#E5E5E5">the figures but a good example right</font>

285
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<font color="#E5E5E5">let's say for example</font><font color="#CCCCCC"> kimono UK bought</font>

286
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it amigas from Commodore international

287
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<font color="#E5E5E5">for $200 and then we sold them at $400</font>

288
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<font color="#E5E5E5">take away our costs warranty marketing</font>

289
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or in our overheads<font color="#E5E5E5"> and what was</font><font color="#CCCCCC"> left</font>

290
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<font color="#E5E5E5">was our profit but if suddenly we</font><font color="#CCCCCC"> are we</font>

291
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are<font color="#CCCCCC"> not paying $200 we're paying $400 to</font>

292
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the<font color="#CCCCCC"> consulate so head up for</font><font color="#E5E5E5"> the head</font>

293
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<font color="#CCCCCC">office</font><font color="#E5E5E5"> ahead of us is getting the $400</font>

294
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and we are losing<font color="#E5E5E5"> money on every one</font>

295
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that we sell and that's how they<font color="#CCCCCC"> did</font><font color="#E5E5E5"> it</font>

296
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they change the transfer price<font color="#E5E5E5"> so we had</font>

297
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sat there having sold all these amigas

298
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for a long long<font color="#E5E5E5"> time</font><font color="#CCCCCC"> and built</font><font color="#E5E5E5"> up all</font>

299
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<font color="#E5E5E5">these tax credits</font><font color="#CCCCCC"> it was a beautiful</font>

300
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thing<font color="#CCCCCC"> and Escom were too stupid</font><font color="#E5E5E5"> to</font><font color="#CCCCCC"> see</font>

301
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it they<font color="#E5E5E5"> overreach themselves</font><font color="#CCCCCC"> yeah they</font>

302
00:14:36,329 --> 00:14:38,480
bought all those silica shops in the UK

303
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<font color="#E5E5E5">and then the PC market collapse because</font>

304
00:14:40,949 --> 00:14:51,660
<font color="#E5E5E5">of</font><font color="#CCCCCC"> the cheap</font><font color="#E5E5E5"> pcs from</font><font color="#CCCCCC"> yeah but remember</font>

305
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<font color="#CCCCCC">that that s come and build their</font>

306
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business selling<font color="#CCCCCC"> PCs and and they never</font>

307
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really<font color="#E5E5E5"> wanted the Amiga I mean I we try</font>

308
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to recharge<font color="#E5E5E5"> the</font><font color="#CCCCCC"> convinces come you have</font>

309
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the year after the year of the<font color="#CCCCCC"> PC</font>

310
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business<font color="#E5E5E5"> the CBM</font><font color="#CCCCCC"> name</font><font color="#E5E5E5"> CBM was one time</font>

311
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was<font color="#CCCCCC"> as powerful a name as IBM so you</font>

312
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have that<font color="#CCCCCC"> in your market all of that</font>

313
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<font color="#E5E5E5">just give us a</font><font color="#CCCCCC"> Megan you know</font><font color="#E5E5E5"> will do</font>

314
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all the<font color="#E5E5E5"> rest and we would</font><font color="#CCCCCC"> abort</font><font color="#E5E5E5"> it we</font>

315
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would<font color="#CCCCCC"> have paid</font><font color="#E5E5E5"> for</font><font color="#CCCCCC"> it</font><font color="#E5E5E5"> but they didn't</font>

316
00:15:24,089 --> 00:15:25,560
<font color="#E5E5E5">want</font><font color="#CCCCCC"> to</font><font color="#E5E5E5"> know because they were too</font>

317
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stupid<font color="#CCCCCC"> and then then somehow</font><font color="#E5E5E5"> rather</font>

318
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<font color="#CCCCCC">petro got involved and then he sort</font><font color="#E5E5E5"> of</font>

319
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<font color="#E5E5E5">went off on this</font><font color="#CCCCCC"> he spent a fortune on</font>

320
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marketing and on gimmicks<font color="#E5E5E5"> on clearings</font>

321
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and and all those sort of things<font color="#CCCCCC"> he had</font>

322
00:15:38,670 --> 00:15:40,440
a car with by the<font color="#CCCCCC"> amiga written all over</font>

323
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and all this kind of stuff<font color="#E5E5E5"> I</font>

324
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[Music]

325
00:15:42,890 --> 00:15:48,260
[Laughter]

326
00:15:53,940 --> 00:15:58,360
but what I cannot imagine<font color="#E5E5E5"> and to this</font>

327
00:15:58,360 --> 00:16:00,820
day I do not<font color="#E5E5E5"> understand I swear</font><font color="#CCCCCC"> to</font><font color="#E5E5E5"> on my</font>

328
00:16:00,820 --> 00:16:03,040
children's lives<font color="#E5E5E5"> I didn't understand why</font>

329
00:16:03,040 --> 00:16:05,500
Commodore would let a all the the<font color="#E5E5E5"> seven</font>

330
00:16:05,500 --> 00:16:07,690
that<font color="#CCCCCC"> was only</font><font color="#E5E5E5"> seven</font><font color="#CCCCCC"> amiga</font><font color="#E5E5E5"> engineers go</font>

331
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and why they left they abandoned the

332
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technology<font color="#E5E5E5"> that was being developed</font><font color="#CCCCCC"> way</font>

333
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way<font color="#E5E5E5"> back I said</font><font color="#CCCCCC"> id was a lot</font><font color="#E5E5E5"> like a lot</font>

334
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the key engineers left for<font color="#E5E5E5"> Scala as soon</font>

335
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as Commodore went bust

336
00:16:21,760 --> 00:16:23,620
<font color="#E5E5E5">because Scala took a lot the man you</font>

337
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know<font color="#E5E5E5"> yeah I'm trying</font><font color="#CCCCCC"> to call south</font>

338
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massive there<font color="#E5E5E5"> yeah yeah so whole bunch</font>

339
00:16:28,180 --> 00:16:30,940
<font color="#CCCCCC">feeder churn</font><font color="#E5E5E5"> very very early so before</font>

340
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you know it's gone more involved<font color="#CCCCCC"> yeah</font>

341
00:16:32,770 --> 00:16:34,750
but but only but I'm telling you<font color="#E5E5E5"> right</font>

342
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<font color="#CCCCCC">now had s come said we want to</font><font color="#E5E5E5"> continue</font>

343
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with a minger they would have come<font color="#E5E5E5"> back</font>

344
00:16:38,380 --> 00:16:39,850
<font color="#E5E5E5">in a</font><font color="#CCCCCC"> heartbeat because that was their</font>

345
00:16:39,850 --> 00:16:41,800
heart and soul<font color="#CCCCCC"> the only went to because</font>

346
00:16:41,800 --> 00:16:43,600
<font color="#E5E5E5">they</font><font color="#CCCCCC"> needed</font><font color="#E5E5E5"> it</font><font color="#CCCCCC"> to make money</font><font color="#E5E5E5"> they needed</font>

347
00:16:43,600 --> 00:16:45,550
<font color="#E5E5E5">to pay their children's education</font><font color="#CCCCCC"> and</font>

348
00:16:45,550 --> 00:16:47,350
pay their mortgage and<font color="#E5E5E5"> all those things</font>

349
00:16:47,350 --> 00:16:48,820
<font color="#E5E5E5">they</font><font color="#CCCCCC"> only left because they had to</font><font color="#E5E5E5"> they</font>

350
00:16:48,820 --> 00:16:51,310
had no choice but but what I'm saying to

351
00:16:51,310 --> 00:16:53,500
<font color="#CCCCCC">you is this is that</font><font color="#E5E5E5"> the technology</font><font color="#CCCCCC"> that</font>

352
00:16:53,500 --> 00:16:58,660
<font color="#E5E5E5">s</font><font color="#CCCCCC"> calm didn't even bloody evaluate well</font>

353
00:16:58,660 --> 00:17:00,430
they didn't even look at<font color="#CCCCCC"> it</font>

354
00:17:00,430 --> 00:17:02,500
they didn't I mean when they did<font color="#CCCCCC"> that</font>

355
00:17:02,500 --> 00:17:04,599
when<font color="#E5E5E5"> they did their due diligence at the</font>

356
00:17:04,599 --> 00:17:06,579
same time that<font color="#CCCCCC"> Colin and I and our</font>

357
00:17:06,579 --> 00:17:07,810
investors<font color="#E5E5E5"> were doing our due diligence</font>

358
00:17:07,810 --> 00:17:11,340
<font color="#E5E5E5">they didn't even look at it</font>

359
00:17:16,260 --> 00:17:20,109
<font color="#CCCCCC">they were out of control but you</font><font color="#E5E5E5"> can I</font>

360
00:17:20,109 --> 00:17:23,230
can I tell you this not<font color="#E5E5E5"> being let me</font>

361
00:17:23,230 --> 00:17:24,640
tell you this not<font color="#CCCCCC"> because he's dead</font>

362
00:17:24,640 --> 00:17:27,220
because because also<font color="#E5E5E5"> the main guy from</font>

363
00:17:27,220 --> 00:17:29,320
<font color="#CCCCCC">Escom is dead as</font><font color="#E5E5E5"> well but Bernard</font><font color="#CCCCCC"> Van</font>

364
00:17:29,320 --> 00:17:32,230
<font color="#CCCCCC">tenon was Commodore Netherlands</font><font color="#E5E5E5"> right</font>

365
00:17:32,230 --> 00:17:34,240
<font color="#E5E5E5">and he was</font><font color="#CCCCCC"> a director of Commodore</font>

366
00:17:34,240 --> 00:17:38,440
international<font color="#E5E5E5"> and he joined</font><font color="#CCCCCC"> SQL and I'm</font>

367
00:17:38,440 --> 00:17:40,990
telling<font color="#CCCCCC"> you</font><font color="#E5E5E5"> right</font><font color="#CCCCCC"> now he was his bent as</font>

368
00:17:40,990 --> 00:17:43,210
the butcher's hook right from the

369
00:17:43,210 --> 00:17:45,190
beginning<font color="#CCCCCC"> Maisie wasn't the</font><font color="#E5E5E5"> very he was</font>

370
00:17:45,190 --> 00:17:50,110
<font color="#E5E5E5">not he was not and let me tell you I've</font>

371
00:17:50,110 --> 00:17:54,250
talked to the booth well it's true

372
00:17:54,250 --> 00:17:58,240
and I've told him to his<font color="#CCCCCC"> face so I said</font>

373
00:17:58,240 --> 00:18:00,400
<font color="#E5E5E5">that to his face</font><font color="#CCCCCC"> and he just shrugged</font>

374
00:18:00,400 --> 00:18:02,230
and laughed it off<font color="#CCCCCC"> because that was who</font>

375
00:18:02,230 --> 00:18:05,409
he was<font color="#E5E5E5"> right but he's the</font><font color="#CCCCCC"> guy who should</font>

376
00:18:05,409 --> 00:18:07,120
have because<font color="#E5E5E5"> he joined s come in a very</font>

377
00:18:07,120 --> 00:18:09,100
senior role<font color="#E5E5E5"> he is the guy who should</font>

378
00:18:09,100 --> 00:18:11,200
have directed them but he didn't have<font color="#E5E5E5"> a</font>

379
00:18:11,200 --> 00:18:15,640
clue<font color="#E5E5E5"> he wasn't he was he was ignorant</font>

380
00:18:15,640 --> 00:18:17,650
about<font color="#E5E5E5"> the opportunities that there were</font>

381
00:18:17,650 --> 00:18:20,980
and he didn't care<font color="#E5E5E5"> because</font><font color="#CCCCCC"> he</font><font color="#E5E5E5"> cheated</font>

382
00:18:20,980 --> 00:18:23,740
<font color="#E5E5E5">Commodore every single quarter recording</font>

383
00:18:23,740 --> 00:18:25,480
sales he hadn't made so he<font color="#E5E5E5"> could get his</font>

384
00:18:25,480 --> 00:18:27,789
he could<font color="#E5E5E5"> get his commission</font><font color="#CCCCCC"> his bonus it</font>

385
00:18:27,789 --> 00:18:29,590
did it did that every quarter but that

386
00:18:29,590 --> 00:18:32,470
<font color="#E5E5E5">fact and he bragged about it right so</font>

387
00:18:32,470 --> 00:18:34,240
how can somebody like that<font color="#E5E5E5"> take a</font>

388
00:18:34,240 --> 00:18:36,640
business<font color="#CCCCCC"> like Escom and direct them in</font>

389
00:18:36,640 --> 00:18:39,070
the<font color="#E5E5E5"> right way because</font><font color="#CCCCCC"> he was bent from</font>

390
00:18:39,070 --> 00:18:42,600
the<font color="#E5E5E5"> beginning right so so they must say</font>

391
00:18:42,600 --> 00:18:45,789
<font color="#E5E5E5">butchers</font><font color="#CCCCCC"> oak thank you but the</font><font color="#E5E5E5"> fact of</font>

392
00:18:45,789 --> 00:18:48,340
<font color="#E5E5E5">the matter is is that</font><font color="#CCCCCC"> that</font><font color="#E5E5E5"> why would why</font>

393
00:18:48,340 --> 00:18:50,169
would<font color="#E5E5E5"> you go</font><font color="#CCCCCC"> and open up why</font><font color="#E5E5E5"> would you</font>

394
00:18:50,169 --> 00:18:53,260
buy stores<font color="#E5E5E5"> you're a manufacturer and</font><font color="#CCCCCC"> you</font>

395
00:18:53,260 --> 00:18:54,820
want<font color="#E5E5E5"> somebody else</font><font color="#CCCCCC"> to do all that work</font>

396
00:18:54,820 --> 00:18:56,830
<font color="#E5E5E5">you know I mean it doesn't make any</font>

397
00:18:56,830 --> 00:18:59,289
<font color="#E5E5E5">sense whatsoever but he's</font><font color="#CCCCCC"> the</font><font color="#E5E5E5"> guy</font><font color="#CCCCCC"> that</font>

398
00:18:59,289 --> 00:19:00,789
was sort<font color="#E5E5E5"> of walking around like this and</font>

399
00:19:00,789 --> 00:19:02,230
I<font color="#CCCCCC"> would just bought mumble eyes they</font>

400
00:19:02,230 --> 00:19:04,179
bought all<font color="#CCCCCC"> a rumble Oh stores silico</font>

401
00:19:04,179 --> 00:19:06,370
shops you and and and so<font color="#E5E5E5"> on and so forth</font>

402
00:19:06,370 --> 00:19:08,860
and and and and and what they if they'd

403
00:19:08,860 --> 00:19:12,190
have<font color="#CCCCCC"> just</font><font color="#E5E5E5"> bought the CBM name right and</font>

404
00:19:12,190 --> 00:19:13,929
<font color="#E5E5E5">then put that</font><font color="#CCCCCC"> bag</font><font color="#E5E5E5"> to all their machine</font>

405
00:19:13,929 --> 00:19:16,690
CBM because all the distribution in the

406
00:19:16,690 --> 00:19:18,520
whole of Europe was<font color="#E5E5E5"> already in place</font><font color="#CCCCCC"> all</font>

407
00:19:18,520 --> 00:19:20,200
that<font color="#E5E5E5"> to do was to go to these</font><font color="#CCCCCC"> stores he</font>

408
00:19:20,200 --> 00:19:22,120
already<font color="#E5E5E5"> sold all come with</font><font color="#CCCCCC"> all</font><font color="#E5E5E5"> products</font>

409
00:19:22,120 --> 00:19:24,190
and<font color="#E5E5E5"> say we've got CBM</font><font color="#CCCCCC"> pieces will you</font>

410
00:19:24,190 --> 00:19:25,630
sell them<font color="#E5E5E5"> of course</font><font color="#CCCCCC"> say well I have to</font>

411
00:19:25,630 --> 00:19:28,270
admit<font color="#CCCCCC"> my</font><font color="#E5E5E5"> first ever PC I'm sorry to say</font>

412
00:19:28,270 --> 00:19:31,600
this wasn't<font color="#E5E5E5"> asked on PC because they</font>

413
00:19:31,600 --> 00:19:33,940
bought<font color="#E5E5E5"> Commodore so I only bought the</font>

414
00:19:33,940 --> 00:19:36,760
vegan so I bought an<font color="#E5E5E5"> S con PC sure my</font>

415
00:19:36,760 --> 00:19:42,480
second PC<font color="#E5E5E5"> my second PC was a gateway PC</font>

416
00:19:43,980 --> 00:19:46,030
<font color="#CCCCCC">so</font><font color="#E5E5E5"> good job no one else bought the</font>

417
00:19:46,030 --> 00:19:47,679
mother<font color="#CCCCCC"> why's I don't have another PC but</font>

418
00:19:47,679 --> 00:19:52,000
yeah but<font color="#CCCCCC"> I mean we had so I hope you can</font>

419
00:19:52,000 --> 00:19:55,990
tell from my passion I understood<font color="#E5E5E5"> and I</font>

420
00:19:55,990 --> 00:19:57,520
was one of<font color="#CCCCCC"> the very few people</font><font color="#E5E5E5"> in the</font>

421
00:19:57,520 --> 00:19:59,409
whole of<font color="#CCCCCC"> the Commodore community I swear</font>

422
00:19:59,409 --> 00:20:01,539
to you<font color="#CCCCCC"> who understood what needed to</font>

423
00:20:01,539 --> 00:20:03,140
happen what<font color="#CCCCCC"> should have happened</font>

424
00:20:03,140 --> 00:20:08,960
and and I can tell you well<font color="#CCCCCC"> III can</font>

425
00:20:08,960 --> 00:20:10,580
remember<font color="#E5E5E5"> moving</font><font color="#CCCCCC"> back to</font><font color="#E5E5E5"> the UK</font><font color="#CCCCCC"> from the</font>

426
00:20:10,580 --> 00:20:12,140
<font color="#E5E5E5">states</font><font color="#CCCCCC"> cuz I actually</font><font color="#E5E5E5"> bought my first</font>

427
00:20:12,140 --> 00:20:14,660
Amiga in the<font color="#CCCCCC"> US because</font><font color="#E5E5E5"> I was originally</font>

428
00:20:14,660 --> 00:20:18,740
<font color="#E5E5E5">a Commodore pet 64 UK but you know this</font>

429
00:20:18,740 --> 00:20:22,070
the<font color="#CCCCCC"> the</font><font color="#E5E5E5"> Commodore USA were sales</font>

430
00:20:22,070 --> 00:20:29,650
prevention officers they were<font color="#CCCCCC"> sales</font>

431
00:20:30,850 --> 00:20:33,380
<font color="#CCCCCC">person soup so when you talk about</font>

432
00:20:33,380 --> 00:20:36,140
Commodore<font color="#CCCCCC"> III I can remember</font><font color="#E5E5E5"> this man</font>

433
00:20:36,140 --> 00:20:38,900
from<font color="#E5E5E5"> the mega format magazine because</font>

434
00:20:38,900 --> 00:20:41,960
obviously I got<font color="#E5E5E5"> my Amiga 2000 then</font><font color="#CCCCCC"> 3000</font>

435
00:20:41,960 --> 00:20:44,030
then<font color="#E5E5E5"> 4000 and I really wanted an Amiga</font>

436
00:20:44,030 --> 00:20:46,669
5000 and my kids would say<font color="#CCCCCC"> tower week</font>

437
00:20:46,669 --> 00:20:48,020
<font color="#CCCCCC">what's your next</font><font color="#E5E5E5"> to me get its Amiga</font>

438
00:20:48,020 --> 00:20:49,669
<font color="#E5E5E5">5000 what's he gonna do it's gonna fly</font>

439
00:20:49,669 --> 00:20:50,780
<font color="#E5E5E5">you're right</font>

440
00:20:50,780 --> 00:20:53,179
and of course I was expecting the Amiga

441
00:20:53,179 --> 00:20:56,090
5000 to come out and then then the<font color="#E5E5E5"> cost</font>

442
00:20:56,090 --> 00:20:57,860
come to went<font color="#CCCCCC"> but you</font><font color="#E5E5E5"> know I was pretty</font>

443
00:20:57,860 --> 00:21:03,980
<font color="#E5E5E5">shocked</font><font color="#CCCCCC"> to be honest I thought</font><font color="#E5E5E5"> was shit</font>

444
00:21:03,980 --> 00:21:06,020
originally originally I did think that<font color="#E5E5E5"> I</font>

445
00:21:06,020 --> 00:21:11,870
thought no scuzzy yeah and you know but

446
00:21:11,870 --> 00:21:13,669
I came to realize it was<font color="#E5E5E5"> actually quite</font>

447
00:21:13,669 --> 00:21:17,390
<font color="#E5E5E5">a good</font><font color="#CCCCCC"> machine and more expandable than</font>

448
00:21:17,390 --> 00:21:25,340
<font color="#CCCCCC">3000 which is great Silas but cramped I</font>

449
00:21:25,340 --> 00:21:27,770
did not know at the time<font color="#CCCCCC"> that</font><font color="#E5E5E5"> I was</font>

450
00:21:27,770 --> 00:21:31,250
<font color="#E5E5E5">going to be fighting</font><font color="#CCCCCC"> with</font><font color="#E5E5E5"> petrol</font><font color="#CCCCCC"> we</font>

451
00:21:31,250 --> 00:21:34,010
<font color="#CCCCCC">believed that</font><font color="#E5E5E5"> we</font><font color="#CCCCCC"> had</font><font color="#E5E5E5"> put together a</font>

452
00:21:34,010 --> 00:21:38,179
management buyout program which we had

453
00:21:38,179 --> 00:21:40,490
supported with<font color="#E5E5E5"> 50 million dollars worth</font>

454
00:21:40,490 --> 00:21:43,760
of<font color="#E5E5E5"> finance that it was sufficient</font>

455
00:21:43,760 --> 00:21:46,309
because the one thing we knew<font color="#CCCCCC"> was that</font>

456
00:21:46,309 --> 00:21:49,250
<font color="#E5E5E5">yes we could probably buy the assets at</font>

457
00:21:49,250 --> 00:21:52,100
a<font color="#E5E5E5"> reasonable price</font><font color="#CCCCCC"> thirteen fourteen</font>

458
00:21:52,100 --> 00:21:54,710
million<font color="#E5E5E5"> dollars but what we also knew</font>

459
00:21:54,710 --> 00:21:57,080
and and nobody<font color="#E5E5E5"> else took this into</font>

460
00:21:57,080 --> 00:21:58,940
<font color="#E5E5E5">account was that we would need</font><font color="#CCCCCC"> to</font>

461
00:21:58,940 --> 00:22:02,210
finance manufacturing<font color="#E5E5E5"> for a period and</font>

462
00:22:02,210 --> 00:22:03,590
we worked out it was<font color="#E5E5E5"> going to take his</font>

463
00:22:03,590 --> 00:22:06,740
at least<font color="#CCCCCC"> seven months because Commodore</font>

464
00:22:06,740 --> 00:22:09,140
left so<font color="#E5E5E5"> many people with debts</font><font color="#CCCCCC"> and there</font>

465
00:22:09,140 --> 00:22:11,059
was always some of your suppliers<font color="#E5E5E5"> yes so</font>

466
00:22:11,059 --> 00:22:13,550
<font color="#E5E5E5">many suppliers with debts</font><font color="#CCCCCC"> so</font><font color="#E5E5E5"> there's no</font>

467
00:22:13,550 --> 00:22:14,610
way<font color="#CCCCCC"> that they were</font><font color="#E5E5E5"> going to get</font>

468
00:22:14,610 --> 00:22:16,679
<font color="#CCCCCC">Trading table money</font><font color="#E5E5E5"> up front they would</font>

469
00:22:16,679 --> 00:22:17,820
want<font color="#CCCCCC"> money</font><font color="#E5E5E5"> up front yeah</font>

470
00:22:17,820 --> 00:22:20,549
so we estimated<font color="#E5E5E5"> that we would need</font><font color="#CCCCCC"> fifty</font>

471
00:22:20,549 --> 00:22:23,429
million<font color="#E5E5E5"> dollars and the reason we worked</font>

472
00:22:23,429 --> 00:22:26,870
on that<font color="#CCCCCC"> was because</font><font color="#E5E5E5"> we</font><font color="#CCCCCC"> knew that as we</font>

473
00:22:26,870 --> 00:22:29,040
manufactured product and hopefully<font color="#CCCCCC"> we</font>

474
00:22:29,040 --> 00:22:30,840
were<font color="#E5E5E5"> successful with the product and we</font>

475
00:22:30,840 --> 00:22:33,240
paid our bills<font color="#E5E5E5"> then they would relax and</font>

476
00:22:33,240 --> 00:22:36,540
let<font color="#CCCCCC"> us continue</font><font color="#E5E5E5"> so what happened was</font>

477
00:22:36,540 --> 00:22:39,650
that when in<font color="#E5E5E5"> the last couple of days</font>

478
00:22:39,650 --> 00:22:42,360
<font color="#CCCCCC">fifty</font><font color="#E5E5E5"> percent of our investment was from</font>

479
00:22:42,360 --> 00:22:44,940
the Chinese manufacturing company<font color="#E5E5E5"> new</font>

480
00:22:44,940 --> 00:22:48,030
<font color="#E5E5E5">style electronics they were stolen by</font>

481
00:22:48,030 --> 00:22:54,059
the the<font color="#CCCCCC"> the guys from from Escom sorry I</font>

482
00:22:54,059 --> 00:22:55,860
<font color="#E5E5E5">know they forgot for saying it was no I</font>

483
00:22:55,860 --> 00:23:00,360
didn't and and and of<font color="#E5E5E5"> course we could</font>

484
00:23:00,360 --> 00:23:02,309
<font color="#E5E5E5">have continued we had enough money to</font>

485
00:23:02,309 --> 00:23:04,080
<font color="#CCCCCC">make</font><font color="#E5E5E5"> the purchase and everything but we</font>

486
00:23:04,080 --> 00:23:05,250
knew we<font color="#E5E5E5"> didn't</font><font color="#CCCCCC"> have enough money to</font>

487
00:23:05,250 --> 00:23:07,140
survive<font color="#E5E5E5"> and there's no point in our</font>

488
00:23:07,140 --> 00:23:09,240
borrowing people's money and<font color="#E5E5E5"> then going</font>

489
00:23:09,240 --> 00:23:10,590
forward<font color="#CCCCCC"> and</font><font color="#E5E5E5"> knowing that</font><font color="#CCCCCC"> in three months</font>

490
00:23:10,590 --> 00:23:12,660
<font color="#CCCCCC">time</font><font color="#E5E5E5"> we couldn't pay the bills and the</font>

491
00:23:12,660 --> 00:23:14,280
<font color="#E5E5E5">Chinese company were going to be</font>

492
00:23:14,280 --> 00:23:16,500
manufacturing new meters for you<font color="#E5E5E5"> yeah</font>

493
00:23:16,500 --> 00:23:19,110
the idea<font color="#E5E5E5"> was the idea was that</font><font color="#CCCCCC"> NuStar</font>

494
00:23:19,110 --> 00:23:21,890
electronics and in<font color="#E5E5E5"> fact been pirating</font>

495
00:23:21,890 --> 00:23:28,590
they were empowering the<font color="#E5E5E5"> no no no no no</font>

496
00:23:28,590 --> 00:23:32,309
no they had been pirating the the the

497
00:23:32,309 --> 00:23:35,850
the other<font color="#E5E5E5"> games machines and not paying</font>

498
00:23:35,850 --> 00:23:37,530
anybody any royalties for<font color="#E5E5E5"> a very long</font>

499
00:23:37,530 --> 00:23:40,559
<font color="#CCCCCC">time but the</font><font color="#E5E5E5"> Chinese</font><font color="#CCCCCC"> government had told</font>

500
00:23:40,559 --> 00:23:43,919
them they've got to<font color="#E5E5E5"> get legitimate so</font>

501
00:23:43,919 --> 00:23:47,220
<font color="#E5E5E5">they had conversations with us and but</font>

502
00:23:47,220 --> 00:23:49,650
and<font color="#E5E5E5"> certainly with me</font><font color="#CCCCCC"> and the</font><font color="#E5E5E5"> idea was</font>

503
00:23:49,650 --> 00:23:51,770
<font color="#E5E5E5">that they would</font><font color="#CCCCCC"> become</font><font color="#E5E5E5"> the manufacturers</font>

504
00:23:51,770 --> 00:23:54,210
which made perfectly good sense because

505
00:23:54,210 --> 00:23:55,220
they brought<font color="#CCCCCC"> low-cost</font><font color="#E5E5E5"> manufacturing</font>

506
00:23:55,220 --> 00:23:57,059
<font color="#E5E5E5">which meant that</font><font color="#CCCCCC"> we could have</font><font color="#E5E5E5"> been</font>

507
00:23:57,059 --> 00:24:01,950
competitive<font color="#E5E5E5"> but they</font><font color="#CCCCCC"> were tempted by is</font>

508
00:24:01,950 --> 00:24:06,030
<font color="#CCCCCC">calm to ditch</font><font color="#E5E5E5"> us because Eskom said that</font>

509
00:24:06,030 --> 00:24:08,850
<font color="#CCCCCC">you know we'll we'll give it to</font><font color="#E5E5E5"> you</font>

510
00:24:08,850 --> 00:24:10,169
<font color="#E5E5E5">don't spend you twenty five million</font>

511
00:24:10,169 --> 00:24:11,460
dollars<font color="#CCCCCC"> we'll give it to you for two or</font>

512
00:24:11,460 --> 00:24:13,350
three million<font color="#E5E5E5"> dollars which of course</font>

513
00:24:13,350 --> 00:24:14,910
they reneged on later anyway and they

514
00:24:14,910 --> 00:24:16,620
didn't do that<font color="#CCCCCC"> so when you starting do</font>

515
00:24:16,620 --> 00:24:19,380
<font color="#CCCCCC">you think NuStar dropped us and then</font>

516
00:24:19,380 --> 00:24:21,630
<font color="#CCCCCC">were dropped by Escom so they were</font><font color="#E5E5E5"> left</font>

517
00:24:21,630 --> 00:24:23,380
in the dark which<font color="#E5E5E5"> was</font><font color="#CCCCCC"> a real</font>

518
00:24:23,380 --> 00:24:26,540
but but we had made the decision<font color="#CCCCCC"> that</font><font color="#E5E5E5"> if</font>

519
00:24:26,540 --> 00:24:28,820
we didn't<font color="#E5E5E5"> have the</font><font color="#CCCCCC"> 50 million</font><font color="#E5E5E5"> dollars it</font>

520
00:24:28,820 --> 00:24:30,950
was not a<font color="#E5E5E5"> business to go for so wonder</font>

521
00:24:30,950 --> 00:24:33,020
where<font color="#E5E5E5"> does petrol come into that</font>

522
00:24:33,020 --> 00:24:36,170
well we suspected<font color="#CCCCCC"> that Petra was</font>

523
00:24:36,170 --> 00:24:40,910
involved<font color="#CCCCCC"> and</font><font color="#E5E5E5"> in fact although we</font>

524
00:24:40,910 --> 00:24:42,880
challenging me he denied everything<font color="#CCCCCC"> and</font>

525
00:24:42,880 --> 00:24:46,100
that<font color="#E5E5E5"> was that was at the Amiga 30 event</font>

526
00:24:46,100 --> 00:24:49,430
in Amsterdam he denied everything<font color="#E5E5E5"> but it</font>

527
00:24:49,430 --> 00:24:52,190
<font color="#E5E5E5">just happened</font><font color="#CCCCCC"> that in the Amiga event in</font>

528
00:24:52,190 --> 00:24:55,910
in noise that Colin<font color="#E5E5E5"> was Colin private my</font>

529
00:24:55,910 --> 00:24:58,970
partner was with him<font color="#CCCCCC"> I was not there</font>

530
00:24:58,970 --> 00:25:02,090
luckily<font color="#CCCCCC"> for petrol</font><font color="#E5E5E5"> when Petra admitted</font>

531
00:25:02,090 --> 00:25:04,070
that he in fact<font color="#E5E5E5"> had</font><font color="#CCCCCC"> been</font><font color="#E5E5E5"> the ones who</font>

532
00:25:04,070 --> 00:25:07,730
<font color="#CCCCCC">talked who talked him NuStar</font><font color="#E5E5E5"> active and</font>

533
00:25:07,730 --> 00:25:10,280
to drop<font color="#E5E5E5"> back drop us but then they</font><font color="#CCCCCC"> drop</font>

534
00:25:10,280 --> 00:25:12,200
<font color="#E5E5E5">new star so new star lost that big time</font>

535
00:25:12,200 --> 00:25:14,780
but<font color="#E5E5E5"> it was Petra who actually did it and</font>

536
00:25:14,780 --> 00:25:16,970
<font color="#E5E5E5">if I'd have</font><font color="#CCCCCC"> been</font><font color="#E5E5E5"> there I would have</font>

537
00:25:16,970 --> 00:25:20,690
<font color="#E5E5E5">floored him you know I really was that</font>

538
00:25:20,690 --> 00:25:25,190
<font color="#E5E5E5">angry</font><font color="#CCCCCC"> and but there again you see this</font>

539
00:25:25,190 --> 00:25:26,600
you<font color="#CCCCCC"> know there's somebody</font><font color="#E5E5E5"> there was</font>

540
00:25:26,600 --> 00:25:28,460
somebody<font color="#E5E5E5"> who has been lying ever since</font>

541
00:25:28,460 --> 00:25:31,850
Petra chenko wrote his book which I know

542
00:25:31,850 --> 00:25:33,560
he was written in German and I've<font color="#E5E5E5"> never</font>

543
00:25:33,560 --> 00:25:38,000
read<font color="#E5E5E5"> it but I know</font><font color="#CCCCCC"> he I know that he</font>

544
00:25:38,000 --> 00:25:41,210
lied<font color="#CCCCCC"> he lied and lied and lied</font><font color="#E5E5E5"> and he</font>

545
00:25:41,210 --> 00:25:44,440
said that his responsibility<font color="#E5E5E5"> was</font>

546
00:25:44,440 --> 00:25:47,930
manufacturing and sales

547
00:25:47,930 --> 00:25:50,150
he was never involved in<font color="#E5E5E5"> selling</font>

548
00:25:50,150 --> 00:25:53,840
anywhere<font color="#CCCCCC"> he was</font><font color="#E5E5E5"> a every general manager</font>

549
00:25:53,840 --> 00:25:55,820
<font color="#E5E5E5">or managing director of each subsidiary</font>

550
00:25:55,820 --> 00:25:58,190
<font color="#E5E5E5">put in their</font><font color="#CCCCCC"> own forecast</font><font color="#E5E5E5"> and was his</font>

551
00:25:58,190 --> 00:26:00,680
responsibility<font color="#CCCCCC"> to get</font><font color="#E5E5E5"> that</font><font color="#CCCCCC"> product where</font>

552
00:26:00,680 --> 00:26:03,260
<font color="#CCCCCC">it should be</font><font color="#E5E5E5"> in time</font><font color="#CCCCCC"> for those forecasts</font>

553
00:26:03,260 --> 00:26:06,640
and he made an awful job<font color="#E5E5E5"> of that</font><font color="#CCCCCC"> and</font>

554
00:26:06,640 --> 00:26:09,590
<font color="#CCCCCC">really terrible job of that but he put</font>

555
00:26:09,590 --> 00:26:10,610
the fact that<font color="#E5E5E5"> he's telling everybody</font>

556
00:26:10,610 --> 00:26:12,470
that<font color="#CCCCCC"> he was he was</font><font color="#E5E5E5"> in fact you know</font>

557
00:26:12,470 --> 00:26:14,570
selling it was a complete<font color="#CCCCCC"> that's a lie</font>

558
00:26:14,570 --> 00:26:18,050
so whoever he sold that<font color="#E5E5E5"> idea to you just</font>

559
00:26:18,050 --> 00:26:21,170
lying you<font color="#E5E5E5"> know so I don't</font><font color="#CCCCCC"> have a great</font>

560
00:26:21,170 --> 00:26:22,940
deal<font color="#CCCCCC"> of time for mister to chenko I'm</font>

561
00:26:22,940 --> 00:26:23,490
afraid

562
00:26:23,490 --> 00:26:30,890
and<font color="#E5E5E5"> yes asking us because yeah the</font>

563
00:26:30,890 --> 00:26:33,480
<font color="#E5E5E5">official</font><font color="#CCCCCC"> version of</font><font color="#E5E5E5"> history</font><font color="#CCCCCC"> thoughts</font>

564
00:26:33,480 --> 00:26:36,750
<font color="#E5E5E5">only in superlatives about</font><font color="#CCCCCC"> that yeah</font>

565
00:26:36,750 --> 00:26:40,200
because yeah<font color="#E5E5E5"> the deal you tried to make</font>

566
00:26:40,200 --> 00:26:42,540
it's always you know underestimated in

567
00:26:42,540 --> 00:26:45,030
somewhere under the table and just<font color="#E5E5E5"> it's</font>

568
00:26:45,030 --> 00:26:48,450
just mentioned that's<font color="#E5E5E5"> why I asked you</font>

569
00:26:48,450 --> 00:26:54,660
<font color="#CCCCCC">about this</font><font color="#E5E5E5"> to clarify this the business</font>

570
00:26:54,660 --> 00:26:56,280
plan that<font color="#CCCCCC"> Collin proffer and I put</font>

571
00:26:56,280 --> 00:26:59,130
<font color="#E5E5E5">together from which we raised fifty</font>

572
00:26:59,130 --> 00:27:01,470
million dollars<font color="#E5E5E5"> way back</font><font color="#CCCCCC"> in</font><font color="#E5E5E5"> nineteen</font>

573
00:27:01,470 --> 00:27:03,900
<font color="#CCCCCC">ninety four shows you how strong the</font>

574
00:27:03,900 --> 00:27:05,880
business plan was we had covered

575
00:27:05,880 --> 00:27:08,100
<font color="#E5E5E5">everything every</font><font color="#CCCCCC"> single thing you</font><font color="#E5E5E5"> can</font>

576
00:27:08,100 --> 00:27:10,050
imagine<font color="#CCCCCC"> and I promise you</font><font color="#E5E5E5"> that the book</font>

577
00:27:10,050 --> 00:27:11,880
will reveal all and you'll be thrilled

578
00:27:11,880 --> 00:27:14,100
with<font color="#CCCCCC"> what was in</font><font color="#E5E5E5"> the book because it was</font>

579
00:27:14,100 --> 00:27:17,550
<font color="#E5E5E5">all true when when suddenly out of the</font>

580
00:27:17,550 --> 00:27:18,590
blue

581
00:27:18,590 --> 00:27:21,540
<font color="#CCCCCC">new style</font><font color="#E5E5E5"> electronics pulled out that</font>

582
00:27:21,540 --> 00:27:23,250
was a<font color="#CCCCCC"> complete another shock</font><font color="#E5E5E5"> to us and</font>

583
00:27:23,250 --> 00:27:26,250
it<font color="#E5E5E5"> has been done underhandedly and Petra</font>

584
00:27:26,250 --> 00:27:28,440
was responsible for<font color="#CCCCCC"> that</font><font color="#E5E5E5"> he was the</font>

585
00:27:28,440 --> 00:27:30,390
<font color="#E5E5E5">person who actually spoke to them and</font>

586
00:27:30,390 --> 00:27:34,790
got<font color="#E5E5E5"> them to pull out of our whatever</font>

587
00:27:34,790 --> 00:27:37,260
well yeah because the fact of<font color="#E5E5E5"> the matter</font>

588
00:27:37,260 --> 00:27:40,740
as you<font color="#E5E5E5"> see we we knew that we could have</font>

589
00:27:40,740 --> 00:27:42,870
bought the all the assets for fifteen

590
00:27:42,870 --> 00:27:45,929
million of<font color="#CCCCCC"> there abouts give or</font><font color="#E5E5E5"> take but</font>

591
00:27:45,929 --> 00:27:47,490
we also knew that<font color="#E5E5E5"> it was going</font><font color="#CCCCCC"> to take</font>

592
00:27:47,490 --> 00:27:50,610
<font color="#E5E5E5">fifty million dollars in total to to</font>

593
00:27:50,610 --> 00:27:52,260
<font color="#CCCCCC">manufacturing</font><font color="#E5E5E5"> products and get them</font>

594
00:27:52,260 --> 00:27:54,300
selling and start to<font color="#E5E5E5"> build a</font><font color="#CCCCCC"> business</font>

595
00:27:54,300 --> 00:27:57,150
because<font color="#E5E5E5"> who was going to who used</font><font color="#CCCCCC"> to</font>

596
00:27:57,150 --> 00:27:58,830
supply<font color="#E5E5E5"> all the components was gonna</font>

597
00:27:58,830 --> 00:28:00,750
supply<font color="#E5E5E5"> you on credit terms had just been</font>

598
00:28:00,750 --> 00:28:01,170
<font color="#E5E5E5">burnt</font>

599
00:28:01,170 --> 00:28:02,970
<font color="#CCCCCC">they've</font><font color="#E5E5E5"> just been hit with a huge losses</font>

600
00:28:02,970 --> 00:28:05,130
<font color="#E5E5E5">there's no way that they're</font><font color="#CCCCCC"> gonna supply</font>

601
00:28:05,130 --> 00:28:08,130
<font color="#E5E5E5">so we put into our business plan all the</font>

602
00:28:08,130 --> 00:28:10,170
contingencies<font color="#CCCCCC"> so we knew we would</font><font color="#E5E5E5"> have</font>

603
00:28:10,170 --> 00:28:12,030
<font color="#E5E5E5">to pay up front gradually gradually</font>

604
00:28:12,030 --> 00:28:13,920
build<font color="#E5E5E5"> up our credit rating because</font>

605
00:28:13,920 --> 00:28:15,330
that's what you do in business<font color="#E5E5E5"> you</font><font color="#CCCCCC"> have</font>

606
00:28:15,330 --> 00:28:17,520
<font color="#CCCCCC">to</font><font color="#E5E5E5"> have the credibility and so we knew</font>

607
00:28:17,520 --> 00:28:19,740
<font color="#E5E5E5">fifty million dollars so when new star</font>

608
00:28:19,740 --> 00:28:22,170
electronics pulled it wasn't so<font color="#CCCCCC"> much the</font>

609
00:28:22,170 --> 00:28:23,640
fact<font color="#CCCCCC"> that it was</font><font color="#E5E5E5"> going to be our</font>

610
00:28:23,640 --> 00:28:25,620
manufacturer<font color="#E5E5E5"> because</font><font color="#CCCCCC"> to</font><font color="#E5E5E5"> be honest you</font>

611
00:28:25,620 --> 00:28:27,420
can always find manufacturers<font color="#CCCCCC"> isn't</font>

612
00:28:27,420 --> 00:28:29,280
<font color="#E5E5E5">that's not really a big issue the fact</font>

613
00:28:29,280 --> 00:28:30,840
is that<font color="#E5E5E5"> we needed that twenty five</font>

614
00:28:30,840 --> 00:28:32,790
million little press about<font color="#E5E5E5"> cash in they</font>

615
00:28:32,790 --> 00:28:34,669
that<font color="#E5E5E5"> would they were 25mm</font>

616
00:28:34,669 --> 00:28:36,440
the 50 million that we'd raised from

617
00:28:36,440 --> 00:28:38,690
other other investors<font color="#E5E5E5"> and even though we</font>

618
00:28:38,690 --> 00:28:40,850
still<font color="#E5E5E5"> had 25 million to play with we</font>

619
00:28:40,850 --> 00:28:42,649
decided we would<font color="#E5E5E5"> just lose their money</font>

620
00:28:42,649 --> 00:28:45,139
if we<font color="#E5E5E5"> went ahead with it and I don't</font>

621
00:28:45,139 --> 00:28:47,269
<font color="#E5E5E5">want</font><font color="#CCCCCC"> that</font><font color="#E5E5E5"> on</font><font color="#CCCCCC"> my conscience I'm an honest</font>

622
00:28:47,269 --> 00:28:49,580
businessman I was having all my life<font color="#E5E5E5"> so</font>

623
00:28:49,580 --> 00:28:51,499
<font color="#E5E5E5">I didn't want to do</font><font color="#CCCCCC"> that if you're an</font>

624
00:28:51,499 --> 00:28:53,840
<font color="#E5E5E5">Amiga a Commodore and Amiga</font><font color="#CCCCCC"> you know</font>

625
00:28:53,840 --> 00:28:56,629
<font color="#E5E5E5">follower</font><font color="#CCCCCC"> I think</font><font color="#E5E5E5"> anything that adds to</font>

626
00:28:56,629 --> 00:28:59,269
the<font color="#E5E5E5"> story is good yeah</font><font color="#CCCCCC"> when you got you</font>

627
00:28:59,269 --> 00:29:00,980
got to remember I<font color="#E5E5E5"> mean I had 12 plus</font>

628
00:29:00,980 --> 00:29:02,989
years with Commodore<font color="#CCCCCC"> I think I'm</font><font color="#E5E5E5"> one of</font>

629
00:29:02,989 --> 00:29:04,489
the longest-serving employees that<font color="#E5E5E5"> I</font>

630
00:29:04,489 --> 00:29:06,499
didn't<font color="#E5E5E5"> even know at the time but</font><font color="#CCCCCC"> I</font><font color="#E5E5E5"> mean</font>

631
00:29:06,499 --> 00:29:08,419
I spent four I spent five years in the

632
00:29:08,419 --> 00:29:11,179
<font color="#E5E5E5">Commodore UK and I built that business I</font>

633
00:29:11,179 --> 00:29:12,980
built<font color="#E5E5E5"> that business</font><font color="#CCCCCC"> yes I good team and</font>

634
00:29:12,980 --> 00:29:14,720
and I didn't do<font color="#E5E5E5"> all the work myself</font>

635
00:29:14,720 --> 00:29:16,759
but I control the team and we built<font color="#E5E5E5"> the</font>

636
00:29:16,759 --> 00:29:18,289
<font color="#CCCCCC">business and this</font><font color="#E5E5E5"> evidence is all there</font>

637
00:29:18,289 --> 00:29:21,259
<font color="#E5E5E5">then I went to CEO and I looked after</font>

638
00:29:21,259 --> 00:29:23,659
initially<font color="#E5E5E5"> it was Commodore commander</font>

639
00:29:23,659 --> 00:29:25,999
Electronics Limited which was which was

640
00:29:25,999 --> 00:29:29,419
<font color="#CCCCCC">based in Basel in in in the sub accor H</font>

641
00:29:29,419 --> 00:29:33,139
because it's written<font color="#CCCCCC"> because it was H is</font>

642
00:29:33,139 --> 00:29:36,350
a zero tax thing and that's why I got

643
00:29:36,350 --> 00:29:39,080
<font color="#CCCCCC">arranged yeah oh what a surprise</font><font color="#E5E5E5"> every</font>

644
00:29:39,080 --> 00:29:41,570
single invoice including every expense

645
00:29:41,570 --> 00:29:44,830
<font color="#E5E5E5">that many Ally incurred across my desk</font>

646
00:29:44,830 --> 00:29:47,210
<font color="#E5E5E5">but I was</font><font color="#CCCCCC"> after I was</font><font color="#E5E5E5"> looking after</font>

647
00:29:47,210 --> 00:29:49,399
initially though you say that by the<font color="#E5E5E5"> way</font>

648
00:29:49,399 --> 00:29:56,749
<font color="#E5E5E5">because I know what he spent no I spent</font>

649
00:29:56,749 --> 00:29:59,359
<font color="#E5E5E5">it on oh now it's get interesting</font><font color="#CCCCCC"> and</font>

650
00:29:59,359 --> 00:30:02,389
and and so I looked after<font color="#CCCCCC"> nyse:p</font><font color="#E5E5E5"> 36</font>

651
00:30:02,389 --> 00:30:04,489
countries and and somebody<font color="#CCCCCC"> believe</font>

652
00:30:04,489 --> 00:30:06,049
thought that I was<font color="#E5E5E5"> in charge of Poland</font>

653
00:30:06,049 --> 00:30:11,149
<font color="#E5E5E5">and I wasn't and</font><font color="#CCCCCC"> I was gonna</font><font color="#E5E5E5"> interview</font>

654
00:30:11,149 --> 00:30:13,190
<font color="#E5E5E5">me later</font><font color="#CCCCCC"> I'll tell him I</font><font color="#E5E5E5"> never had any</font>

655
00:30:13,190 --> 00:30:15,139
involvement<font color="#CCCCCC"> Germany was doing Poland</font>

656
00:30:15,139 --> 00:30:17,419
<font color="#CCCCCC">only</font><font color="#E5E5E5"> legally I</font><font color="#CCCCCC"> have</font><font color="#E5E5E5"> to tell you what</font>

657
00:30:17,419 --> 00:30:19,549
they were but I had 36<font color="#CCCCCC"> counties</font>

658
00:30:19,549 --> 00:30:21,379
initially and then I then<font color="#E5E5E5"> I signed up</font>

659
00:30:21,379 --> 00:30:22,850
India and I was<font color="#CCCCCC"> doing business</font><font color="#E5E5E5"> in India</font>

660
00:30:22,850 --> 00:30:23,600
<font color="#E5E5E5">so I know</font>

661
00:30:23,600 --> 00:30:26,269
37 countries for two years I did that

662
00:30:26,269 --> 00:30:28,249
and I built<font color="#E5E5E5"> that business</font><font color="#CCCCCC"> and grew that</font>

663
00:30:28,249 --> 00:30:29,539
business<font color="#E5E5E5"> I didn't build a but I grew it</font>

664
00:30:29,539 --> 00:30:31,639
<font color="#E5E5E5">then I was in America</font><font color="#CCCCCC"> for a year and</font><font color="#E5E5E5"> I</font>

665
00:30:31,639 --> 00:30:33,649
sorted out America<font color="#E5E5E5"> we were not doing any</font>

666
00:30:33,649 --> 00:30:35,690
business<font color="#E5E5E5"> in America in the</font><font color="#CCCCCC"> retail market</font>

667
00:30:35,690 --> 00:30:37,039
<font color="#E5E5E5">and I sorted it out</font>

668
00:30:37,039 --> 00:30:40,309
and then I<font color="#E5E5E5"> went back</font><font color="#CCCCCC"> to the UK SMD what</font>

669
00:30:40,309 --> 00:30:42,590
were we<font color="#E5E5E5"> doing business after that</font><font color="#CCCCCC"> have</font>

670
00:30:42,590 --> 00:30:44,419
you sorted out<font color="#E5E5E5"> in the States or is it</font>

671
00:30:44,419 --> 00:30:46,340
<font color="#CCCCCC">just a no no well tell you exactly what</font>

672
00:30:46,340 --> 00:30:47,900
happened<font color="#CCCCCC"> I sorted it</font><font color="#E5E5E5"> out</font>

673
00:30:47,900 --> 00:30:49,940
that we were<font color="#CCCCCC"> trading again none of</font><font color="#E5E5E5"> the</font>

674
00:30:49,940 --> 00:30:52,430
retailers were paying their bills<font color="#E5E5E5"> reason</font>

675
00:30:52,430 --> 00:30:55,120
is<font color="#CCCCCC"> assisted</font><font color="#E5E5E5"> simple they had been sold</font>

676
00:30:55,120 --> 00:30:57,380
<font color="#E5E5E5">sale or return</font>

677
00:30:57,380 --> 00:31:00,710
signed by Jim Dion who was the the<font color="#CCCCCC"> md</font>

678
00:31:00,710 --> 00:31:03,230
president of commodore inc<font color="#E5E5E5"> the south</font>

679
00:31:03,230 --> 00:31:07,160
company CD<font color="#CCCCCC"> tvs and</font><font color="#E5E5E5"> they were loaded to</font>

680
00:31:07,160 --> 00:31:08,780
the gunnels of CD tvs and nobody<font color="#E5E5E5"> bored</font>

681
00:31:08,780 --> 00:31:11,090
<font color="#CCCCCC">and</font><font color="#E5E5E5"> so they said you know you signed</font>

682
00:31:11,090 --> 00:31:12,770
salary<font color="#E5E5E5"> term we want</font><font color="#CCCCCC"> to</font><font color="#E5E5E5"> return them and</font>

683
00:31:12,770 --> 00:31:15,710
they wouldn't<font color="#E5E5E5"> Jim Dion wouldn't because</font>

684
00:31:15,710 --> 00:31:17,630
it would expose him he should<font color="#CCCCCC"> never</font><font color="#E5E5E5"> have</font>

685
00:31:17,630 --> 00:31:18,170
done that

686
00:31:18,170 --> 00:31:20,000
<font color="#E5E5E5">right</font><font color="#CCCCCC"> and so they weren't paying the</font>

687
00:31:20,000 --> 00:31:22,280
bills<font color="#CCCCCC"> I sorted it out</font><font color="#E5E5E5"> I</font><font color="#CCCCCC"> took them all</font>

688
00:31:22,280 --> 00:31:25,340
back<font color="#E5E5E5"> but in in exchange</font><font color="#CCCCCC"> I made Amiga 500</font>

689
00:31:25,340 --> 00:31:27,290
packs for them<font color="#CCCCCC"> one for</font><font color="#E5E5E5"> each of their</font>

690
00:31:27,290 --> 00:31:29,120
store each special pack for the special

691
00:31:29,120 --> 00:31:31,700
<font color="#CCCCCC">factories one for each store</font><font color="#E5E5E5"> right and I</font>

692
00:31:31,700 --> 00:31:33,530
got<font color="#E5E5E5"> them trading again and then they</font>

693
00:31:33,530 --> 00:31:35,480
were<font color="#CCCCCC"> trading nicely and I went to</font>

694
00:31:35,480 --> 00:31:37,520
<font color="#CCCCCC">Mariani and I said right my job is done</font>

695
00:31:37,520 --> 00:31:39,860
for<font color="#E5E5E5"> now what are you talking about</font><font color="#CCCCCC"> I</font>

696
00:31:39,860 --> 00:31:41,450
said because they're all loaded to the

697
00:31:41,450 --> 00:31:43,220
gunnels with<font color="#E5E5E5"> Amiga 500 they're all</font>

698
00:31:43,220 --> 00:31:45,200
<font color="#E5E5E5">selling and they were doing fine</font><font color="#CCCCCC"> I do</font>

699
00:31:45,200 --> 00:31:48,500
not want to sell them<font color="#E5E5E5"> anymore why I said</font>

700
00:31:48,500 --> 00:31:50,120
many you and I both know in two or three

701
00:31:50,120 --> 00:31:52,310
<font color="#E5E5E5">months we got the 1200 coming out and I</font>

702
00:31:52,310 --> 00:31:53,840
don't<font color="#E5E5E5"> want to keep selling</font><font color="#CCCCCC"> in five</font>

703
00:31:53,840 --> 00:31:57,080
minutes because whether<font color="#CCCCCC"> 12 they're gonna</font>

704
00:31:57,080 --> 00:32:00,070
say taken back<font color="#CCCCCC"> when I say if I leave now</font>

705
00:32:00,070 --> 00:32:04,010
<font color="#E5E5E5">and leave them</font><font color="#CCCCCC"> to it if they reorder and</font>

706
00:32:04,010 --> 00:32:05,720
I haven't<font color="#E5E5E5"> sold it to them that's their</font>

707
00:32:05,720 --> 00:32:09,080
problem<font color="#CCCCCC"> that's</font><font color="#E5E5E5"> business</font><font color="#CCCCCC"> if they reorder</font>

708
00:32:09,080 --> 00:32:10,910
five<font color="#CCCCCC"> others</font><font color="#E5E5E5"> and then</font><font color="#CCCCCC"> we've</font><font color="#E5E5E5"> released a</font>

709
00:32:10,910 --> 00:32:12,980
1200<font color="#E5E5E5"> they can't complain because they</font>

710
00:32:12,980 --> 00:32:15,110
reordered<font color="#CCCCCC"> I didn't think they would and</font>

711
00:32:15,110 --> 00:32:17,210
in fact they didn't but I<font color="#E5E5E5"> was right I</font>

712
00:32:17,210 --> 00:32:19,490
did not want to keep selling<font color="#E5E5E5"> to them so</font>

713
00:32:19,490 --> 00:32:21,440
I said him<font color="#CCCCCC"> Eddie send me</font><font color="#E5E5E5"> back to</font><font color="#CCCCCC"> and in</font>

714
00:32:21,440 --> 00:32:23,360
the meantime<font color="#E5E5E5"> the CEO business had not</font>

715
00:32:23,360 --> 00:32:25,760
<font color="#E5E5E5">done very</font><font color="#CCCCCC"> well since I left it</font><font color="#E5E5E5"> and so he</font>

716
00:32:25,760 --> 00:32:27,590
sent<font color="#CCCCCC"> me back to</font><font color="#E5E5E5"> do all that and then</font>

717
00:32:27,590 --> 00:32:30,110
ultimately I went back<font color="#E5E5E5"> to the UK</font><font color="#CCCCCC"> as</font><font color="#E5E5E5"> MD</font>

718
00:32:30,110 --> 00:32:32,570
and I would<font color="#E5E5E5"> not take on the MD ship on</font>

719
00:32:32,570 --> 00:32:35,180
my<font color="#CCCCCC"> own</font><font color="#E5E5E5"> because</font><font color="#CCCCCC"> I am a sales and</font>

720
00:32:35,180 --> 00:32:37,040
marketing guy<font color="#CCCCCC"> and I'm good at what I do</font>

721
00:32:37,040 --> 00:32:39,740
but I'm<font color="#E5E5E5"> not a financial</font><font color="#CCCCCC"> guy</font><font color="#E5E5E5"> you know I'm</font>

722
00:32:39,740 --> 00:32:41,780
not<font color="#E5E5E5"> so I said to me and we were in big</font>

723
00:32:41,780 --> 00:32:42,830
trouble<font color="#CCCCCC"> for the Commodore international</font>

724
00:32:42,830 --> 00:32:44,060
he was in big<font color="#CCCCCC"> trouble</font>

725
00:32:44,060 --> 00:32:47,240
<font color="#E5E5E5">and I said you want</font><font color="#CCCCCC"> me to wait in 1993</font>

726
00:32:47,240 --> 00:32:49,790
<font color="#CCCCCC">this</font><font color="#E5E5E5"> year 93 and I said I will happily</font>

727
00:32:49,790 --> 00:32:51,890
do it but Colin was the<font color="#CCCCCC"> Colin was</font>

728
00:32:51,890 --> 00:32:53,720
already there he goes<font color="#CCCCCC"> throw for Colin</font>

729
00:32:53,720 --> 00:32:55,880
traffic was already there I forget what

730
00:32:55,880 --> 00:32:57,470
he's actually talking<font color="#E5E5E5"> about</font>

731
00:32:57,470 --> 00:32:59,990
he wasn't<font color="#CCCCCC"> a director</font><font color="#E5E5E5"> but he was and I</font>

732
00:32:59,990 --> 00:33:02,240
said<font color="#E5E5E5"> Colin and I let us to be</font><font color="#CCCCCC"> joint EM</font>

733
00:33:02,240 --> 00:33:04,789
days<font color="#E5E5E5"> so</font><font color="#CCCCCC"> between us I</font><font color="#E5E5E5"> didn't now call him</font>

734
00:33:04,789 --> 00:33:06,740
<font color="#E5E5E5">very well but I said between</font><font color="#CCCCCC"> us we can</font>

735
00:33:06,740 --> 00:33:08,570
run this<font color="#CCCCCC"> business and</font><font color="#E5E5E5"> work then we'll do</font>

736
00:33:08,570 --> 00:33:10,940
what we<font color="#CCCCCC"> can and</font><font color="#E5E5E5"> it was a great a</font><font color="#CCCCCC"> great</font>

737
00:33:10,940 --> 00:33:13,220
relationship<font color="#E5E5E5"> which is why Colin is now</font>

738
00:33:13,220 --> 00:33:15,710
an investor in friend<font color="#E5E5E5"> because we are</font>

739
00:33:15,710 --> 00:33:16,340
<font color="#E5E5E5">friends</font>

740
00:33:16,340 --> 00:33:19,940
excuse<font color="#CCCCCC"> the pun</font><font color="#E5E5E5"> but but you know we got</font>

741
00:33:19,940 --> 00:33:22,010
on really really<font color="#E5E5E5"> well so my background</font>

742
00:33:22,010 --> 00:33:24,530
<font color="#CCCCCC">of my relationship with</font><font color="#E5E5E5"> Commodore goes</font>

743
00:33:24,530 --> 00:33:26,179
right from<font color="#CCCCCC"> the very beginning when I</font>

744
00:33:26,179 --> 00:33:28,549
joined them to sell business pets<font color="#E5E5E5"> into</font>

745
00:33:28,549 --> 00:33:30,950
the retail market<font color="#E5E5E5"> and to show how bad</font>

746
00:33:30,950 --> 00:33:33,679
they were<font color="#CCCCCC"> I was recruited to</font><font color="#E5E5E5"> do that job</font>

747
00:33:33,679 --> 00:33:36,860
<font color="#E5E5E5">sell pets into retail</font><font color="#CCCCCC"> and they</font><font color="#E5E5E5"> never had</font>

748
00:33:36,860 --> 00:33:39,409
enough<font color="#CCCCCC"> pets for me to sell that's</font><font color="#E5E5E5"> from</font>

749
00:33:39,409 --> 00:33:41,000
the beginning<font color="#CCCCCC"> they just was so badly</font>

750
00:33:41,000 --> 00:33:43,429
they were a business that never had a

751
00:33:43,429 --> 00:33:45,770
business<font color="#E5E5E5"> plan of any kind and they went</font>

752
00:33:45,770 --> 00:33:48,110
from I stumbled from<font color="#E5E5E5"> one the crisis to</font>

753
00:33:48,110 --> 00:33:50,270
the<font color="#E5E5E5"> next</font><font color="#CCCCCC"> by producing</font><font color="#E5E5E5"> things that nobody</font>

754
00:33:50,270 --> 00:33:52,760
wanted<font color="#E5E5E5"> they never asked they never asked</font>

755
00:33:52,760 --> 00:33:55,750
what is it you need

756
00:34:01,860 --> 00:00:00,000
you