Quoted from scruffypinball:I guess that’s ultimately my point. These people played inside baseball by seemingly selling themselves intellectual property from a bankrupt company to a newly incorporated company while screwing people out of cash.
“We aren’t heighway but we’ll give ya $4,000 for the trouble of giving another company money”
What business in any other industry would do such a thing? I suppose it’s nice they’re “making an offering” because “they don’t have to” however pinball people clearly don’t give a rats ass as long as the game gets made and they can get it.
I wonder how the sausage was made when heighway went down? To be a fly on that wall.
This happens ALL. THE. TIME. When companies go bankrupt (in the US, not sure in Aus), they can go to court and the court decides who gets the remaining cash or assets they have. Not saying it’s right but this idea is -on purpose- that the business is sold to another entity (frequently someone who was involved with the first company will be involved with the second), and that new entity tried to make up a successful business out of it. Otherwise nobody ever gets anything at all. As much as I think this whole Alien fiasco is now a joke, and I feel terrible for those who got screwed - the light at the end of the tunnel
Is that new games have a chance at getting produced.
You want to really get pissed off at how business operates? Look up Leveraged Buyout. It’s legal, but only available to the super rich.