Path: utzoo!attcan!uunet!lll-winken!lll-tis!ames!mailrus!cornell!uw-beaver!microsoft!ricom
From: ricom@microsoft.UUCP (Rico Mariani)
Newsgroups: comp.sys.amiga
Subject: Re: Transactor confusion?
Message-ID: <1065@microsoft.UUCP>
Date: 19 Oct 88 18:47:58 GMT
References: <5608@ecsvax.uncecs.edu>
Reply-To: ricom@microsoft.UUCP (Rico Mariani)
Organization: Microsoft Corp., Redmond WA
Lines: 50

In article <5608@ecsvax.uncecs.edu> urjlew@ecsvax.uncecs.edu (Rostyk Lewyckyj) writes:
>
>There has been one article from someone who called Transactor          
>in Toronto and got an out of bussiness recording, and two              
>messages (both from Europe) that say they have just received their         
>Transactor magazines. This raises a couple of questions                
>1) Did the persons in Europe receive issue 3 of the Amiga Transactor?  
>rather than issues 1 or 2?                                             
>2) Are there two related companies involved? Transactor north america  
>which is the parent company and has gone broke and Transactor europe   
>which is solvent?                                                      
>                                                                       
>Could some Toronto area AMIGANs do us a favour by investigating        
>and posting a report? Rico you know them                               

Did I hear my name?

BTW I'm no longer in the Toronto area... I've moved to Seattle...

OK.  Here is the scoop as far as I know it and I don't think that I'm
giving away any big secrets here so here goes.  

1)  Transami 3 is finished and ready for publication, at the printers etc.
    This has been the case for some time now.

2)  The publishers are unhappy with Transactor right now and won't
    publish without money up front.

3)  The up front money doesn't exist.

4)  Everyone thinks that the Transactor is still viable.

5)  They want/need to get capital from somewhere to keep printing.
    Maybe a buy out, maybe something else, maybe who knows.
    Anyone wanna invest? :-)

6)  They feel it would be unethical/fraudulent to accept new subscriptions at
    this time.

7)  Speculation:  They don't get anything done with people calling them all day
    about the situation hence the answering machine.

8)  Transactor in Europe etc. do their own printing hence they don't have any
    of these problems.  They are independant companies with some kind of
    agreement for republishing the articles.  I don't know the details and
    they're largely irrelevant.

9)  I hope this all works out because it's a good magazine and it will be
    hard to replace.

	-Rico