Quoted from Skyemont:
Exactly. So u mean to tell me if Jack did not get this financial backup the hobbit was doomed?
Absolutely. All the signs were there. Pimping an older game and selling it out from under people who preordered a game years ago. Some of the heavy hitters in the industry saying he was late with sending payments (refusing business or credit). The negative D&B rating which never improved which explains everything you needed to know. People refusing to ship him any parts because he owed them money. The drunken ramblings on Pinside, banning a member on his own site for quoting a post he said.
I wouldn't have expected the company to survive a few more months. People asking for refunds, even hardcore JJP enthusiasts backing out. All the signs were there JJP was a sinking ship. The investors truly were a saving grace to JJP. However lest we forget the JJP lawsuit which is still going on. That could make or break things for the company regardless of the investors. Also if what someone said on the last page about the current investors backing out because of reading certain posts on Pinside, that will be the final nail I think. As far as I know ( and I have no inside knowledge) things are going better for JJP, no recent insulting drunken posts on Pinside. Looks like things are shaping up and hopefully people that have been waiting years for something that was supposed to be out years ago will finally be happy. Only then and till then will the speculation end. If JJP does survive to make game #3 and there is a pre pay model for that game, I expect lots of good funny posts to read on Pinside over my lunch break.