Greensboro, NC
$750,000
I hope he ends up in jail.
(Topic ID: 106728)
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Alien (Heighway Pinball)
Heighway Pinball, 2017
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Quoted from Travish:$750,000
I hope he ends up in jail.
I Hope everyone that took it from Andrew does as well. I've been lied to by everyone in charge pre and post takeover and never got my refund for a fully paid machine. They're all crooks to me at this point.
Quoted from Dano:I Hope everyone that took it from Andrew does as well. I've been lied to by everyone in charge pre and post takeover and never got my refund for a fully paid machine. They're all crooks to me at this point.
Of course they are. Write it off and move on.
Quoted from iceman44:Of course they are. Write it off and move on.
Don't have much of a choice.
Quoted from Dano:Don't have much of a choice.
I get it. I dropped $1500 in 2014 on a deposit.
Live and learn, I figured this was going down the toilet years ago.
Wasn't going to pay a dime on the recent "container shipments" anyhow that Cointaker tried to facilitate.
The whole crew are a bunch of DB's and way past time to flush that turd.
Quoted from iceman44:I get it. I dropped $1500 in 2014 on a deposit.
Live and learn, I figured this was going down the toilet years ago.
Wasn't going to pay a dime on the recent "container shipments" anyhow that Cointaker tried to facilitate.
The whole crew are a bunch of DB's and way past time to flush that turd.
Yep, day one deposit here too. I knew I was gambling when I sent the payment. Life's too short to get bent over $1500. Would definitely have been a little tougher writing off the full payment though. I luckily resisted their payment demand years ago as well as months ago. Was tempted though....
Quoted from greenhornet:the gentlemen who currently own/run the company are probably all 6 figure players. Melissa may not tell you if she is/was one, but it has already been mentioned on pinside.
Quoted from MK6PIN:Ask CT? You're comments are much more naive than originally thought. I'd call Melissa or Chris anytime I like, but that's none of my business. I know them quite well. The "six figure players"? who the f**k are they? I'm sure we'd all like to know... What is your actual agenda in regard to your information provided to us? I'm quite tired of you attempting to "school" me (all of us, actually).
I'm sure everybody has a pretty good idea who the 6 figure players are now.
I have no agenda and am not trying to school anybody.
in fact, schools out for summer.
Melbourne
Quoted from Ballypinball:RS Pinball were owed $148,500 but Stefan is also one of the shareholders or investors
He's likely out a very large figure, then.
Some serious money was flushed down the toilet by the investors. And this is what happens when you invest with your heart and not your brain. Business is business, first and foremost.
Bath
It's an interesting debate for sure. How many units do Stern & JJP sell, per theme? Anyone have any sales figures for Dialed In?
The days of TAF selling 20k+ are long gone, the question then becomes at what point is the cost of the licensing & R&D so prohibitively high that you would need to sell X thousand machines just to break even?
Quoted from rai:Curious did JJP get bailed out also?
Here's an article dated August 7, 2015 about the investment.
it begs the question of whether or not all of the facts, figures and statuses of heighway pinball were divulged when the investors stepped in or were they that daft?
Quoted from j_m_:it begs the question of whether or not all of the facts, figures and statuses of heighway pinball were divulged when the investors stepped in or were they that daft?
These dudes were the "old" investors as well. They were involved for years.
Quoted from j_m_:it begs the question of whether or not all of the facts, figures and statuses of heighway pinball were divulged when the investors stepped in or were they that daft?
I have to imagine there is a lot of stuff that wasn’t in quickbooks 
Like unpaid taxes... liabilities from unpaid wages... probably not all the unpaid vendors etc.
The story over how much due diligence was done def. varies between the two sides.
Quoted from rai:Curious did JJP get bailed out also?
Yes. As did Stern.
Figures vary re: investments, according to who you talk to.
Stern apparently were shutting down in less than 10 days (according to Gary and various staff). People seem to think JJP had about 1-3 months left.
In Stern's case, the rescue came out of the blue. In JJP's case, I think they'd been trying to get people to invest for some time - though the investors again came out of the blue.
Funny how I knew that the investors were just buying time until they could liquidate before Andrew did, as per his interview.
Pinside is also guilty of withholding information, and if there is legal action taken, I suggest your attorney investigate pinside as well.
Quoted from Msch:Pinside is also guilty of withholding information, and if there is legal action taken, I suggest your attorney investigate pinside as well.
Lolz 
Quoted from Msch:Funny how I knew that the investors were just buying time until they could liquidate before Andrew did
Right, so they poured a million dollars into a failing business all so they could liquidate it and get a fraction of that back with a bunch of pissed off people. What a genius plan you figured out.
That's crazy. If the whole plan was to "run off" with the money why did they spend MORE money on boards with pinball brothers on them? They spent money on another batch of boards when they didn't have to. They could have made a couple machines and staged 100 different pictures and hauled ass. I think they really did want the company to succeed but after reality set in the knew they were doomed. 
Quoted from Msch:I suggest your attorney investigate pinside as well.
Bucking for internet lawyer of the week, are you?
This goes to show: never make assumptions about the stability/health of one of these companies. You look back at the chatter about the great intentions of Heighway — so far off the mark it’s BAD
Quoted from wcbu64:Anyone know why PinSide now lists Spooky as the manufacturer of Alien
Hmmm. I'm gonna go with database error but interesting....
Quoted from wcbu64:Anyone know why PinSide now lists Spooky as the manufacturer of Alien?
This is how rumors get started. 
They couldn't have liquidated straight away even if they wanted to, not without repercussions, because the fly in that ointment would have been, er, me. Specifically, the situation I'd been put in and what the HMRC was trying to do about it.
Villejuif
Quoted from EalaDubhSidhe:They couldn't have liquidated straight away even if they wanted to, not without repercussions, because the fly in that ointment would have been, er, me. Specifically, the situation I'd been put in and what the HMRC was trying to do about it.
What is hmrc for us idiots
Quoted from Sonny_Jim:Her Majestys Revenue and Customs AKA The Taxman
Wow, something good came out of this thread. I learned a cool new acronym. 
Quoted from DCFAN:I would like to know how they can run off with the Queen license without liquidation bidding for remaining assets.
... and why not just sell the queen license and liquidate themselves from the annals of pinball manufacturing forever? Pinball Brothers, there was no need to transfer all assets out of HP 1.5 and into a new failing venture. Everything should have gone up in flames with the liquidation and all.
Quoted from wcbu64:Anyone know why PinSide now lists Spooky as the manufacturer of Alien?
It has now been fixed.
Quoted from DCFAN:I would like to know how they can run off with the Queen license without liquidation bidding for remaining assets.
You make the argument that the sale/transfer realizes more than you would have gotten at liquidation.
Quoted from DCFAN:I would like to know how they can run off with the Queen license without liquidation bidding for remaining assets.
Pretty sure you can't "sell" your license to make something. Also most of a license cost is on the backend anyway (royalties per unit).
Also who the hell wants a Queen pin? Or Playboy?
Quoted from benheck:Pretty sure you can't "sell" your license to make something. Also most of a license cost is on the backend anyway (royalties per unit).
Also who the hell wants a Queen pin? Or Playboy?
Maybe a few people, re: Queen.
Latter ... Andrew. I think he had all 3 of the existing ones. It would probably have made FTh sales figures look good, if it had ever appeared.
Whatever you're imagining for how bad the Playboy pin was going to be, trust me, it was worse than that.
Quoted from Aurich:Whatever you're imagining for how bad the Playboy pin was going to be, trust me, it was worse than that.
Oh dear, I thought it was a bad joke when I first heard it as a rumour, surprised me when I found out it was actually true.
But it sounds like you have a mind blower of a story to tell on this one Aurich?
Quoted from j_m_:it begs the question of whether or not all of the facts, figures and statuses of heighway pinball were divulged when the investors stepped in or were they that daft?
the fools did no due diligence. But these are the same fools who let Heighway create the mess in the first place.
Or these 6 stages are a great recipe for any project:
1. Unbridled enthusiasm
2. Complete dissolutionment.
3. Total panic
4. Search for the guilty
5. Punishment of the innocent
6. Praise and honor for the non-participants.
Quoted from NeilMcRae:the fools did no due diligence. But these are the same fools who were on the board and let Heighway create the mess in the first place.
What board? Andrew was the sole director until they took over.
Quoted from benheck:Also who the hell wants a Queen pin?
They are a whole lot bigger and more timeless than RZ or Alice Cooper.
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