It was only a matter of when, and now the stock price as plunged below $.40. I guess Darl's strategy did not work very well.

http://www.pcworld.com/article/id,13...s/article.html

With its cash reserves running out, the SCO Group Inc. has filed for bankruptcy protection.

The Lindon, Utah, company made the announcement in a news release, issued Friday afternoon. "The Board of Directors of The SCO Group unanimously determined that Chapter 11 reorganization is in the best long-term interest of SCO and its subsidiaries, as well as its customers, shareholders, and employees," the statement said.

SCO expects to "maintain all normal business operations throughout the bankruptcy proceedings."
Best of luck with that one, because it will be difficult to maintain a good spin on things when the stock is traded on the pink sheets.