(Topic ID: 135209)

Jersey Jack investment


By snaroff

3 years ago



Topic Stats

  • 509 posts
  • 145 Pinsiders participating
  • Latest reply 3 years ago by jungle
  • Topic is favorited by 9 Pinsiders

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    There are 509 posts in this topic. You are on page 1 of 11.
    #2 3 years ago

    All Billionaires, No more Stern Playboys now?

    #4 3 years ago

    Maybe a JJP Playboy utilizing the back glass screen. That could generate a lot of interest!

    #5 3 years ago

    Great news for JJP and pinball!

    #6 3 years ago

    Hmmm I wonder if they could infuse JPOP with something...

    #7 3 years ago

    Sounds like no one wants to sell him parts anymore.

    #8 3 years ago

    Noticed the name of the press contact....

    #9 3 years ago

    Now the Hobbit can start being made.

    #10 3 years ago
    Quoted from centerflank:

    Sounds like no one wants to sell him parts anymore.

    I'm pretty sure vendors want to make money. They just may require money up front.

    #11 3 years ago

    JJP future looking even brighter.

    Main takeaway from the article: "Jersey Jack Pinball will manufacture the much anticipated Hobbit line of games this fall, and has announced a collaboration with famed pinball designer Pat Lawlor on a new, original-game to be launched in the spring of 2016."

    YES!! YES!! YES!!

    #12 3 years ago

    As much as I like to get in the dirt with JJ I must say this is great news, a new company will always have problems and getting investors to make the future stable and possible is part of this process how else would he do game three with no pre-order money…

    I decided not to be an investor myself with the preorder model as I could not take sleepless nights because of the risk for a game. I wish him the best because if he could actually ship games quickly, that would in theory make it possible to get pricing back to earth… HIs games impress the heck out of me even if I don't love every aspect of the gameplay or theme.

    #13 3 years ago
    Quoted from jazc4:

    Maybe a JJP Playboy utilizing the back glass screen. That could generate a lot of interest!

    Would another Playboy get much interest in the modern world?

    #14 3 years ago
    Quoted from Methos:

    Noticed the name of the press contact....

    What is the significance of that?

    #15 3 years ago
    Quoted from GravitaR:

    JJP future looking even brighter.
    Main takeaway from the article: "Jersey Jack Pinball will manufacture the much anticipated Hobbit line of games this fall, and has announced a collaboration with famed pinball designer Pat Lawlor on a new, original-game to be launched in the spring of 2016."
    YES!! YES!! YES!!

    See I think this is bad. If I don't get my Hobbit this year and it's not til mid 2016 I might switch over to Pats game if it looks good and it's out. I think a lot will jump ship on the hobbit if this happens. Just saying.

    #16 3 years ago
    Quoted from mufcmufc:

    Would another Playboy get much interest in the modern world?

    True. Free internet porn has made the Playboy brand less significant.

    #17 3 years ago

    Good for JJP. When will we get our games? That is what I like to know!

    #18 3 years ago

    Great news for pinball. Congrats, JJP!

    #19 3 years ago
    Quoted from jazc4:

    True. Free internet porn has made the Playboy brand less significant.

    But what about the articles?

    #21 3 years ago

    How was JJP funded up to this point? It seems like this could be taken either way:

    Positive: JJP is doing well enough that additional investors want in on the action
    Negative: JJP is doing poorly and had to find new investors in order to stay afloat

    I hope it is the former.

    #22 3 years ago

    This is great news!

    I had heard rumors of this a few months back and glad to see it happen.

    To me this means any unpaid parts vendors should be brought up to date, thus releasing any held parts, thus removing more obstacles to TH production, thus meaning games get made and JJP should finally be over the hump once TH dollars come in.

    On a personal level this means we will get to see what PatL can do sooner rather than later!

    #23 3 years ago
    Quoted from Atomicboy:

    But what about the articles?

    Cynthia Heimel had a good monthly one.

    13
    #24 3 years ago

    This is good news for everything... This means that it's full steam ahead folks... Investment means there are people who know what they are doing who see value in our industry / hobby / JJP... Big time investors like this don't get involved in companies or people they don't see a future with... AND they are pinball people too - that's also big. It will allow more to occur quicker on all fronts - talent, design, number of games, parts, manufacturing, licenses, etc... For one guy to start from scratch and now catapult to where this will now go is exciting for the hobby. This has been in play for quite some time, we have been waiting for the formal announcement for maybe 2 months. The Hobbit is already well underway to start production very soon... Stay tuned for more from JJP... Congrats Jack !

    Joe Newhart
    PinballSTAR Amusements
    Authorized Jersey Jack Distributor
    Sales@PinballSTAR.com
    570-357-0042

    #25 3 years ago
    Quoted from oohlou:

    How was JJP funded up to this point? It seems like this could be taken either way:
    Positive: JJP is doing well enough that additional investors want in on the action
    Negative: JJP is doing poorly and had to find new investors in order to stay afloat
    I hope it is the former.

    Initially, I think it was all home grown funded. And then obviously from his pre-orders. This should not be taken negatively. This is the next logical step, and the only way he can propel his business forward. He needs the capital infusion to expand his business, and the ability to further invest in game development. Plus, I'm sure Jack realizes the appetite for "pre-order" is not what it once was.

    Despite the bad press some give Jack, this shows he making smart business decisions, and looking towards the future.

    Let's just hope the demand/market for all these manufacturers stays strong....

    #26 3 years ago
    Quoted from Skyemont:

    See I think this is bad. If I don't get my Hobbit this year and it's not til mid 2016 I might switch over to Pats game if it looks good and it's out. I think a lot will jump ship on the hobbit if this happens. Just saying.

    I fully agree that could happen.

    #27 3 years ago
    Quoted from Concretehardt:

    Hmmm I wonder if they could infuse JPOP with something...

    I thought of jpop as well. Somewhere today, he's looking out the window waiting for his Billionaire to show up.

    #28 3 years ago

    I don't have a dog in this race and basically will never buy a new machine myself but I think everyone is missing one important point. JJP having investors my turn out to be a very bad thing for JJP and pinball overall. The problem with investors is now Jacks first concern will be keeping investors happy and this likely will not be a good thing.

    From my past experiences dealing with several great smaller companies over the years. When they we owned and run by one guy products were great and kept improving but after any of these other guys took on investors quality went down, prices went up, and I no longer deal with any of those companies. Hopefully this will not be the case with Jack but common sense tells me when you are borrowing money you need to keep the people happy that gave you the $$$. And to do that normally cost money that has to come from somewhere.

    Just my 2 cents here!

    Two great examples of my point are Kibbi Renegade Motorhomes and Goldrush Trailers.

    15 years ago both were owned by individuals but as their companies grew they took on investors. In 2001 I bought a great motorhome from Kibbi for around $160,000 (well built & fairly priced for a heavy duty Class 8 motorhome). A couple years later the owner took on investors and now all they build is high end $500,000 rigs. (Their new rigs are pretty but quality is not near as good and they cost 3 times as much).

    Goldrush Trailers went the same direction about 2 or 3 years later.

    Nothing like the owner controlling everything but once you have investors - they are really the ones calling the shots.

    #29 3 years ago
    Quoted from PinballSTAR:

    This is good news for everything... This means that it's full steam ahead folks... Investment means there are people who know what they are doing who see value in our industry / hobby / JJP... Big time investors like this don't get involved in companies or people they don't see a future with... AND they are pinball people too - that's also big.

    I get the enthusiasm and I hope jjp thrives and flourishes. But...I swear the post I quoted is nearly a cut and paste of the replies we got when jjp announced their 1st investor group. That didn't pan and and we were all left wondering what happened. It's like déjà vu all over again. I will reserve my enthusiasm a tad longer.

    #31 3 years ago

    spring 2016 for Pats game, that is exciting if they can meet a timeline for the first time

    12
    #32 3 years ago
    Quoted from mufcmufc:

    Would another Playboy get much interest in the modern world?

    No, but a Suicide Girls pin would.

    The modern world views Playboy as your grandfather's porn.

    #33 3 years ago
    Quoted from MrBally:

    What is the significance of that?

    Neopotism maybe?

    #34 3 years ago
    Quoted from InfiniteLives:

    spring 2016 for Pats game, that is exciting if they can meet a timeline for the first time

    Yes. This seems like something to be skeptical of.

    #35 3 years ago

    Congratulations to Jack and all of JJP. This is a great step forward. It amazes me that some of the same folks who criticized Jack for being slow to bring games to market, for allegedly not paying vendors on time and for using a prepay model now try to cast doubts on the very development that will alleviate these concerns. Well done Jack! This is a big day for pinball!!!

    #36 3 years ago
    Quoted from too-many-pins:

    I don't have a dog in this race and basically will never buy a new machine myself but I think everyone is missing one important point. JJP having investors my turn out to be a very bad thing for JJP and pinball overall. The problem with investors is now Jacks first concern will be keeping investors happy and this likely will not be a good thing.
    From my past experiences dealing with several great smaller companies over the years. When they we owned and run by one guy products were great and kept improving but after any of these other guys took on investors quality went down, prices went up, and I no longer deal with any of those companies. Hopefully this will not be the case with Jack but common sense tells me when you are borrowing money you need to keep the people happy that gave you the $$$. And to do that normally cost money that has to come from somewhere.
    Just my 2 cents here!
    Two great examples of my point are Kibbi Renegade Motorhomes and Goldrush Trailers.
    15 years ago both were owned by individuals but as their companies grew they took on investors. In 2001 I bought a great motorhome from Kibbi for around $160,000 (well built & fairly priced for a heavy duty Class 8 motorhome). A couple years later the owner took on investors and now all they build is high end $500,000 rigs. (Their new rigs are pretty but quality is not near as good and they cost 3 times as much).
    Goldrush Trailers went the same direction about 2 or 3 years later.
    Nothing like the owner controlling everything but once you have investors - they are really the ones calling the shots.

    Investors should be the ones calling some of the shots. But the alternative would be Jack can't cash flow and then there won't be any pins coming out his factory floor.

    #37 3 years ago
    Quoted from jazc4:

    True. Free internet porn has made the Playboy brand less significant.

    There is porn on the internet?

    #38 3 years ago
    Quoted from too-many-pins:

    I don't have a dog in this race and basically will never buy a new machine myself but I think everyone is missing one important point. JJP having investors my turn out to be a very bad thing for JJP and pinball overall. The problem with investors is now Jacks first concern will be keeping investors happy and this likely will not be a good thing.
    From my past experiences dealing with several great smaller companies over the years. When they we owned and run by one guy products were great and kept improving but after any of these other guys took on investors quality went down, prices went up, and I no longer deal with any of those companies. Hopefully this will not be the case with Jack but common sense tells me when you are borrowing money you need to keep the people happy that gave you the $$$. And to do that normally cost money that has to come from somewhere.
    Just my 2 cents here!
    Two great examples of my point are Kibbi Renegade Motorhomes and Goldrush Trailers.
    15 years ago both were owned by individuals but as their companies grew they took on investors. In 2001 I bought a great motorhome from Kibbi for around $160,000 (well built & fairly priced for a heavy duty Class 8 motorhome). A couple years later the owner took on investors and now all they build is high end $500,000 rigs. (Their new rigs are pretty but quality is not near as good and they cost 3 times as much).
    Goldrush Trailers went the same direction about 2 or 3 years later.
    Nothing like the owner controlling everything but once you have investors - they are really the ones calling the shots.

    Kibbi was a customer of mine as they "reorganized" four or five years ago. What a mess they are these days.

    13
    #39 3 years ago

    We all remember this press release from 2 years ago; the last investment group (JDA) were also big pinball fans:

    -

    Lakewood, New Jersey - January 15, 2014 - Jersey Jack Pinball, Inc., the industry leading designer and manufacturer of premium, no-compromise pinball machines announces that they have entered into an equity partnership with the investment arm of JDA.

    The founding group of JDA has a proven track record of success and generated over $40 million dollars for their shareholders in their last transaction.

    This partnership will now enable Jersey Jack Pinball, Inc. to have the resources to fund multiple game platforms, expand into related technologies and markets, and to provide a catalyst for growth. It further provides Jersey Jack Pinball, Inc. with deeper management and financial resources.

    "We are very excited to combine the strengths of these two dynamic organizations. The expanded talent, experience and financial strength that this brings will enhance the future products we are able to build and add to the enjoyment of our player base." said Jack Guarnieri, Jersey Jack Pinball, Inc. Founder.

    The principals at JDA are true pinball enthusiasts as well and personally own over 40 pinball machines including Jersey Jack Pinball, Inc. world renowned The Wizard of Oz Pinball Machine.

    #40 3 years ago

    Thanks for posting this. Great news!!

    Brian

    #41 3 years ago
    Quoted from vid1900:

    We all remember this press release from 2 years ago; the principles of the JDA investment group were also big pinball fans:
    -

    Is JDA still an investor, or did JDA and JJP conclude their business arrangement?

    #42 3 years ago
    Quoted from vid1900:

    We all remember this press release from 2 years ago; the principles of the JDA investment group were also big pinball fans:
    -

    Wasn't that David the hermit guy?

    Only put in a fraction of what he promised to

    #43 3 years ago

    Didn't JJP have investors prior to this? What happened to them?

    #44 3 years ago
    Quoted from Hwawonyu:

    Now the Hobbit can start being made.

    In light of the new investors, I have to take back my earlier statement that the Hobbit will never be made. Looks like full forward at this point.

    #45 3 years ago
    Quoted from too-many-pins:

    I don't have a dog in this race and basically will never buy a new machine myself but I think everyone is missing one important point. JJP having investors my turn out to be a very bad thing for JJP and pinball overall. The problem with investors is now Jacks first concern will be keeping investors happy and this likely will not be a good thing.
    From my past experiences dealing with several great smaller companies over the years. When they we owned and run by one guy products were great and kept improving but after any of these other guys took on investors quality went down, prices went up, and I no longer deal with any of those companies. Hopefully this will not be the case with Jack but common sense tells me when you are borrowing money you need to keep the people happy that gave you the $$$. And to do that normally cost money that has to come from somewhere.
    Just my 2 cents here!
    Two great examples of my point are Kibbi Renegade Motorhomes and Goldrush Trailers.
    15 years ago both were owned by individuals but as their companies grew they took on investors. In 2001 I bought a great motorhome from Kibbi for around $160,000 (well built & fairly priced for a heavy duty Class 8 motorhome). A couple years later the owner took on investors and now all they build is high end $500,000 rigs. (Their new rigs are pretty but quality is not near as good and they cost 3 times as much).
    Goldrush Trailers went the same direction about 2 or 3 years later.
    Nothing like the owner controlling everything but once you have investors - they are really the ones calling the shots.

    Stern was in the exact same boat. LOTR could be purchased new for under $4k...Then the investors for them came in, games were stripped down to make pro models. Then, what you once got for $3500-$4500 had powder coated armor added to it and the price was bumped up to $6000k+ for a premium. Finally a plaque, mirrored backglass and decals were added to those games, the price raised $1500 and the LE as it is today was created. Oh, then customers of these $5k-$8k games are left waiting 2 or more years for complete code and hey if a game doesn't sell that well then guess what...no more code for you.

    Now that above is the downside to an investment firm coming in. Let's see what affects the investors for JJP have on their games and prices. We will just have to wait and see.

    #46 3 years ago

    maybe they can hire a designer to redo that horrible JJP logo.

    16
    #47 3 years ago
    Quoted from mufcmufc:

    Would another Playboy get much interest in the modern world?

    I dunno, but I wouldn't object to more pins that were adult. Need the slightly seedy element of pinball back!

    #48 3 years ago
    Quoted from ForceFlow:

    Is JDA still an investor, or did JDA and JJP conclude their business arrangement?

    JDA (Jack's dead aunt) is long gone. Hopefully, with the new investors, they get paid what they're still owed.

    #49 3 years ago
    Quoted from too-many-pins:

    The problem with investors is now Jacks first concern will be keeping investors happy

    Yes, and that means making money = machines out the door...

    #50 3 years ago
    Quoted from Aurich:

    I dunno, but I wouldn't object to more pins that were adult. Need the slightly seedy element of pinball back!

    Brazzers pinball, the next Heighway game, confirmed by Aurich???

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