(Topic ID: 213643)

Andrew Heighway's new Australian hydrofoil venture

By Pinballs

6 years ago


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  • 142 posts
  • 65 Pinsiders participating
  • Latest reply 5 years ago by pinsanity
  • Topic is favorited by 12 Pinsiders

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    -67
    #77 5 years ago

    Statement From Andrew Heighway

    I am truly sorry to hear about the turn of events announced today.

    In June 2017 I sold my controlling stake in Heighway Pinball Limited – including its commitments and liabilities - to a group of investors who claimed to want to put significant funds into the company, achieve mass production and deliver part-paid and fully-paid games to customers, as well as new machine sales.

    Throughout the five years that I ran the company, we developed and sold games up until the time of my departure. This was never a ponzi scheme, as some have suggested. A mix of technical problems, supplier quality problems and unrealistic timeframes resulted in delays that financially crippled the company. We were all committed to delivering games to all paying customers. I personally apologise for the unrealistic timeframes.

    There have been suggestions that I stole or diverted company funds for my own ventures. These are very serious accusations and never once have I been interviewed by the police for any alleged wrongdoings. The company’s accountants have never suggested any wrongdoings by me. It can be proven that the company owed me significant monies and not the other way round. I would therefore advise people to refrain from making any libellous or slanderous statements about me – as I will defend myself and my integrity.

    I very much regret that the company’s owners have closed the company without honouring its commitments to all paying customers and I wish everyone the best in pursuing their claims against the investors or via the insolvency practitioners.

    This situation has appalled me and I am extremely sorry for the anguish that it will inevitably cause.

    Andrew Heighway

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