(Topic ID: 92436)

John Popadiuk update thread……MAGIC GIRL, RAZA, AIW…..

By iceman44

9 years ago


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34 key posts have been marked in this topic, showing the first 10 items. (Show topic index)

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-5
#10401 8 years ago
Quoted from MinusWorlds:

Dear Poptasia,
Please explain how in any way, shape, or form, it's appropriate for John to receive potentially more money from this project whilst receiving no ramifications whatsoever for his past digressions?
Correct me if I'm wrong but under your "save the day" scenario JPop nor Poptasia have any obligation to issue refunds, correct? JPop/Zidware doesn't have to file for bankruptcy nor liquify any assets, correct? Poptasia now gets years to build the game and collect MORE money, correct?
For you to even think it's remotely acceptable to insinuate JPop will be paid for his work going forward is stupidity of epic proportions. This is not YOU looking out for pinheads. It's you saving JPop's ass and nothing more. No risk on your part, no risk on JPop's part and all the risk on the people you are asking MORE money from. The collective audacity of your "company" is bewildering. Your scenario is a joke, sounds more like a hostage situation than anything.

Mr Minus - do you have any money put towards orders at Zidware?

#10402 8 years ago

Pulling directly from the Skit-B playbook, we're now in the "finger-pointing" stage of grief.

10
#10403 8 years ago
Quoted from iceman44:

Maybe people can understand it this way Bill.
Let's all put Zidware into bankruptcy, sell the assets at auction and us creditors will get pennies on the dollar but we do get satisfaction of seeing John in flames which is already happening now!!
Then maybe the smarter thing to do Bill is just to take what you bought, for $10 and start over with the whole process and wipe us all out, officially, because you do know we are already wiped out
That sounds pretty good too. No John but we get Yeti and a manufacturer deal from one that needs to keep his assembly line going.
Ok I'll take an AIW

Some don't care about getting pennies, they would rather see the projects die and not allow John the satisfaction of ever adding any of these titles to his resume. That is the reality.

#10404 8 years ago
Quoted from dgarrett:

Mr Minus - do you have any money put towards orders at Zidware?

No I don't. What's your point? I did email back with John prob a yr ago RE: AIW. Got his packet of info. He flaked on communication a couple of times and I decided not to do it.

19
#10405 8 years ago
Quoted from iceman44:

lol
There are no assets. Get it?

How do we know this? Jpop certainly didn't have the ability or connections to finish the game...and maybe didn't have enough cash to build the games, but that doesn't mean all the cash was spent. Where's the money? How was it spent? How much is left? For him to just walk away and keep what doesn't belong to him is the first big problem with this new proposal.

#10406 8 years ago
Quoted from iceman44:

Maybe people didn't actually read this part Bill.
You guys are a non profit venture

Cool idea... I think Skit-B was doing the same thing.... not-for-profit-ish.

11
#10407 8 years ago
Quoted from PINTASIA:

Zidware's accounting is not our problem.

So why are you demanding people not sue Zidware? You keep saying their accounting is not your problem and their business is completely separate from yours. Yet you seem to be really invested in protecting them.

If this is about the license, you know that as a licensee, you are given certain protections under today's bankruptcy law. And if that is still an issue, just buy the IP directly from him right now.

#10408 8 years ago
Quoted from iceman44:

John is going down one way or another

How so?

Under the plan you clearly endorse and are championing here, does John not get retained in a (paid) consulting role?

Not sure how that is remotely the same as him being buried in litigation and declaring bankruptcy (with no corporate protection either)....

-6
#10409 8 years ago
Quoted from Pinballs:

It seems unbelievable that the 'project' could continue, with no/few vendors being paid, and no pre-orderers refunded even a penny. For the vendors in particular, it is a disgusting, potentially bankrupting situation for them. They don't have an 'angel' to come in and rescue them! And they deserve such an eventuality far more than Jpop.
There are open clauses in the new agreement regarding future costs. It's wide open legally- no protection for the consumer, and of course a 'get out of jail free' clause for Jpop. No sensible person would sign up to this new agreement, and certainly not after 4 years and the lost money and all the shenanigans.
I emailed Jpop with a final request for refund before legal action. On the high likelihood he doesn't reply, I will be going to court over this, hopefully as part of a class action. I know that other people have contacted/will contact the attorney too.
So here's the reality of the situation- Jpop/Zidware is going to get sued. How does that affect this proposed new arrangement? Obviously, it kills it. So why are we pretending otherwise? Zidware is toast. It's over. MG/RAZA/AIW customers need to accept this reality NOW, and not perpetuate this nightmare any further. Maybe later, after the bankruptcy etc, other people can take these machines forward without resorting to a ponzi-type scheme. And I really have had enough of Jpop and his blasted legal agreements!! Enough already.
I accept that I'll probably not get my money back, but there is a point of principle here. And if Jpop has committed fraud, it's out of our hands anyway, because that will be investigated regardless of civil suits.
So people, please, wake up and smell the coffee! Zidware and this 'project' are dead.

I strongly encourage "ignore" for Pinballs, Sadsack and Major. Their pinside accounts are clearly new and used as anonymous trolls in this thread - not sure why, but they clearly don't seem to be ones with skin in the game. After you ignore, go back and read the posts from 10100 without the drivel - and it will change the tone of the conversation, to a more useful way to interpret the real feel of the posts.

#10410 8 years ago
Quoted from lowepg:

Cool idea... I think Skit-B was doing the same thing.... not-for-profit-ish.

Funny and but not original. See a few posts up

-9
#10411 8 years ago
Quoted from lowepg:

How so?
Under the plan you clearly endorse and are championing here, does John not get retained in a (paid) consulting role?
Not sure how that is remotely the same as him being buried in litigation and declaring bankruptcy (with no corporate protection either)....

Do you see Bill's number in this thread?

Since you are so curious call him yourself

You can actually talk to him, what a concept

Crawl on back over to the Predator threads

#10412 8 years ago
Quoted from iceman44:

Funny and but not original. See a few posts up

Correct.... unfortunately nothing about this story is original (or funny for that matter). The real question is will people find a way to stop the repeating cycle of fraud here....

Quoted from iceman44:

Crawl on back over to the Predator threads

fair point... is *IS* becoming increasing hard to tell the difference....

11
#10413 8 years ago
Quoted from iceman44:

lol
There are no assets. Get it? Open up the bidding process, let's go, who's standing in line to take over this mess.

There ARE assets in Zidware, and because the company is insolvent, creditors (not shareholders) have first claim on those assets...

Quoted from Razorbak86:

If the business fails, all of the assets of the business (e.g., shop equipment, tooling, jigs, office furniture, computer equipment, parts inventory, intellectual property, customer lists, computer files, CAD drawings, specifications, BOMs, prototypes) will likely be tied up in an insolvency proceeding, and creditors of the debtor's estate will have first claim on those assets.

You may not think those assets are worth anything, but to say, "There are no assets," is simply wrong.

#10414 8 years ago

As a fully paid customer for a cointaker RAZA and a significant AIWdeposit I appreciate the first very positive information we have received in a long while. I still love the designs of RAZA and aiw and would like to get those machines, but as a realist I guess MG and a carryover of monies to the next title gives me an actual product. Thank you pintasia and while I could be bitter at JPOP I still liked the creativity and design process that he had.

#10415 8 years ago
Quoted from Razorbak86:

There ARE assets in Zidware, and because the company is insolvent, creditors (not shareholders) have first claim on those assets...

You may not think those assets are worth anything, but to say, "There are no assets," is simply wrong.

Sure there are "some" assets

With the outstanding liabilities I'll leave that for others to fight over the pennies

I'd rather have a chance at being made whole

#10416 8 years ago

Sometimes I agree with iceman, many more often I don't

I think the point he's making is suing will probably yield you a negative balance in the end due to lawyer fees. Now, if you want to extract a pound of flesh you may get this satisfaction. Just don't go in to it expecting money back. Like the lord humongous said, "Just walk away."

20
#10417 8 years ago

If all the money is gone I think pintasia needs to explain where the hell it went!?!?!

How is it possible to blow that kind of money and still have so little to show for it?

pintaisa if you want people to get on board, the first thing you are going to need is a better explanation of where the cash went.

this all seems so blantantly obvious as a stall tactic.

-1
#10418 8 years ago
Quoted from hank527:

New contact should be just what you want to do with your credit and a request to not bringing any lawsuits against John for the next 120 days. Why not make John truly work his 7 x 14 to finish this or face the firing squad. John should be consulting for free in a specified time frame in hopes of avoiding a lawsuit.

I would think the arrangement is John get's paid no $ for completing all the games preordered. JPop should only ever get more $ on new orders AFTER all preorder $ games are delivered - I think that's what I'm reading from Pintasia. There were several posts complaining JPop is getting consulting $, and I don't see that being what Pintasia said or implied.

#10419 8 years ago
Quoted from The_Crow:

As a fully paid customer for a cointaker RAZA and a significant AIWdeposit I appreciate the first very positive information we have received in a long while. I still love the designs of RAZA and aiw and would like to get those machines, but as a realist I guess MG and a carryover of monies to the next title gives me an actual product. Thank you pintasia and while I could be bitter at JPOP I still liked the creativity and design process that he had.

Thanks for that level headed observation

I'd encourage everybody to pick up the phone and call Bill

There are no more excuses now. All the smart ass comments are cute and funny but the guy with answers to your questions is a phone call away

Report back with what you find out

I'd love for some of the more vocal guys to pick up the phone and get the facts for yourself versus pounding away on the computer

-4
#10420 8 years ago
Quoted from Pinballs:

Quite.
I don't think it's sunk in yet for people that it's definitively over now. People are going to have to pay for MG etc again, and wait 4 years, again, and receive nothing, again.
Whilst I understand that we desperate suckers will grasp at any straw going, the fact is that this is over. For instance, when Zidware is declared bankrupt, its IP will be sold, and that means the new company cannot use it. That is, they cannot legally make MG etc.
Any new agreements that people think they've made will be unpicked and voided.
It is now time to leave the casino, and stop listening to the conmen.

Again, click "ignore" for this guy. Now he is spewing false information - the letters say 2 years for MG, not 4. The only forum comments this guy has made per his profile is on this thread, so this account was solely for trolling this thread.

#10421 8 years ago
Quoted from iceman44:

Thanks for that level headed observation
I'd encourage everybody to pick up the phone and call Bill
There are no more excuses now. All the smart ass comments are cute and funny but the guy with answers to your questions is a phone call away
Report back with what you find out
I'd love for some of the more vocal guys to pick up the phone and get the facts for yourself versus pounding away on the computer

I encourage everybody to save the time and spend the phone call to your lawyer.

The sooner you act the better your chances of seeing anything. Keep in mind that pintasia has been helping cook the books and evaporate assets for 2 months, so everyday means more time for them to try and legitimize the crap jpop has been doing and remove more assets. Heck they are already putting things in motion to remove the most valuable asset, the proto magocgirl...

This thing is completely dead and the sooner you realize that the better you can possibly be.

I do not think you will see a penny back, but at minimum the sooner you act the quicker jpops life turns to crap.

#10422 8 years ago
Quoted from rai:

T
I was thinking more about this. "Collectors Edition" and the $16,000 price tag, while the classic edition will be far cheaper.
As far as I can tell, the only reason $16K was ever brought up by John and why anyone signed up for it, was not because it was such a great design, it was because it was double super limited. 13 pins, would surely cost more to build (per pin) than 199 pins or 199 plus unlimited classic pins. Duh. So people paid extra to be one of 13 (not one of 199+).
So the classics will be cheaper obviously. This reflects the fact that the pin does not cost $16K to make. $16K was a number for a run of 16 pins. The reason they're charging extra (I suspect) is so they can absorb the 'discount' to the people that got ripped off by John. In other words, lets say the rest of the money owed on average is like $7500. They may just break even on the first 199 or even lose money if it really costs like $9K per pin to build. If the classic editions sell for $12K, they can realize a small profit on those.

But the 13 super limited was expanded to 25, and the 14-25 added orders paid the same 16k even though there were going to be 25, not 13, exclusive limited editions. What should be being asked, is what makes up the difference between the classic and LE MG's to warrant $10 v. $16k, what do you get for your extra $6k?? That's an entire Spooky title #2.... is for extra bling, a shaker, better speakers - $6k is a whole lot of BoM for adding LE stuff.

#10423 8 years ago
Quoted from Whysnow:

If all the money is gone I think pintasia needs to explain where the hell it went!?!?!
How is it possible to blow that kind of money and still have so little to show for it?
pintaisa if you want people to get on board, the first thing you are going to need is a better explanation of where the cash went.
this all seems so blantantly obvious as a stall tactic.

Call him and ask him

The answer is after 4 yrs of overhead, including his salary, it's gone

If the money was there Bill wouldn't exist

Better yet, call John and see where that goes

If Bill is asking people to prove up deposits you can bet John's accounting standards are not very high

18
#10424 8 years ago

Been reading all of this thread as of 3 days ago and one thing puzzles me. John is clearly a fraud because he was asking for pre-order money a few days ago on an AIW. The fact that someone is trying to protect him and is even willing to provide him with a job is strange to say the least. I would not want anything to do with him and try to loose every tie in with him.

Also the fact that that very person also claims that the financial situation of Zidware is not his concern makes me think he is not that smart OR has a hidden agenda. It seems to me they are making use of the fact that many people are willing to pay even more not to lose everything now. That is the very nature of man.

I feel very much for the people who are in this and hope for a resolution but I would suggest them to really asses the situation as if they had no money invested. Would you then agree to these terms or not. If not, do not sign anything or put in anymore money. Please be aware of the fact that nobody guarantuees anything (as far as I could find in all posts).

13
#10425 8 years ago
Quoted from Whysnow:

If all the money is gone I think pintasia needs to explain where the hell it went!?!?!
How is it possible to blow that kind of money and still have so little to show for it?
pintaisa if you want people to get on board, the first thing you are going to need is a better explanation of where the cash went.
this all seems so blantantly obvious as a stall tactic.

I think Pintasia knows the project is doomed and headed to bankruptcy and this is just his way of laying claim to one (or all 3) of the Magic Girl prototypes that will never see a production run. What motivation does he have to help anyone other than himself? He sure seems to be in a hurry to get one near completion.... Makes you think...

#10426 8 years ago
Quoted from dgarrett:

I strongly encourage "ignore" for Pinballs, Sadsack and Major. Their pinside accounts are clearly new and used as anonymous trolls in this thread - not sure why, but they clearly don't seem to be ones with skin in the game. After you ignore, go back and read the posts from 10100 without the drivel - and it will change the tone of the conversation, to a more useful way to interpret the real feel of the posts.

Yes, my account is new. So what? Yours was at one time too. I haven't trolled anything, just given thumbs ups and thumbs down as I see things. Calling someone a troll who hasn't posted a word and telling people to put them on ignore... nice welcome to Pinside, thanks. Keep up your little bubble and watch for the next pre-pay fiasco.

12
#10427 8 years ago
Quoted from Whysnow:

I encourage everybody to save the time and spend the phone call to your lawyer.
The sooner you act the better your chances of seeing anything. Keep in mind that pintasia has been helping cook the books and evaporate assets for 2 months, so everyday means more time for them to try and legitimize the crap jpop has been doing and remove more assets. Heck they are already putting things in motion to remove the most valuable asset, the proto magocgirl...
This thing is completely dead and the sooner you realize that the better you can possibly be.
I do not think you will see a penny back, but at minimum the sooner you act the quicker jpops life turns to crap.

You are amazing Hilton, especially coming on the heels of your ridiculous non stop promotion of Predator. Haven't you learned anything. Get your facts straight

This is not that. We don't need to be saved by you but thanks for your concern

#10428 8 years ago
Quoted from iceman44:

If Bill is asking people to prove up deposits you can bet John's accounting standards are not very high

That's pretty common, actually. Even with companies that have excellent books and records, creditors are usually required to file a proof of claim.

#10429 8 years ago
Quoted from dgarrett:

Again, click "ignore" for this guy. Now he is spewing false information - the letters say 2 years for MG, not 4. The only forum comments this guy has made per his profile is on this thread, so this account was solely for trolling this thread.

That sentiment is real enough. He is saying how easily 2 years has turned into 4 already and it likely would happen again. Hardly spewing anything.

#10430 8 years ago

Wow, October Expo should be entertaining in Chicago this fall.
Look at all the things that will have happened or will have to be explained away by then....

Heighway - Full Throttle should have some games in buyers hands by July.
Spooky will announce title #2 in June
Dutch should have BL shipping by end of summer.
JJP Hobbits should be shipped in August (at least I think that's the most recent date in the Hobbit thread).
Lawsuit outcomes should be trickling in re: SkitB/Pred and ZIdware (regardless what happens with the Pintasia deal)
Pintasia will either be giving info on the manufacturer of MG, have a status for other RAZA preorders and announcing vendors are being paid - or that they failed to get a deal, or failed to pay vendors (who won't sell them another dime of parts until back-invoices are paid).

#10431 8 years ago

Is there a lawyer that is spearheading a law suit? I believe there is and it was posted somewhere in this lllooonnnggg thread. If anyone knows who it is please post it again please so that I can call them on Tuesday. I will report back here the results.

-2
#10432 8 years ago
Quoted from MikeS:

I think Pintasia knows the project is doomed and headed to bankruptcy and this is just his way of laying claim to one (or all 3) of the Magic Girl prototypes that will never see a production run. What motivation does he have to help anyone other than himself? He sure seems to be in a hurry to get one near completion.... Makes you think...

Every time I try and be a nice guy and do something for others to help it usually comes back to bite you in the ass

This is exactly why Bill is crazy for even attempting this

Sometimes the world won't let you be a nice guy Bill. That seems to be a sad part of this community

#10433 8 years ago
Quoted from Razorbak86:

That's pretty common, actually. Even with companies that have excellent books and records, creditors are usually required to file a proof of claim.

Sorry Razor, this isn't common and John has terrible records based on all the evidence

#10434 8 years ago
Quoted from TaylorVA:

Some don't care about getting pennies, they would rather see the projects die and not allow John the satisfaction of ever adding any of these titles to his resume. That is the reality.

That's my reality. If Bill restructures the letter to wipe John out and asks us to give him 90 -120 days until we pursue legal action against John, well then I'll sign that agreement. But I'm not signing that current letter and planning to force John into bankruptcy as of now. I will back off if John is kicked out of this project. His name should be removed from all of it. He gets zero credit and then I think things.

17
#10435 8 years ago
Quoted from iceman44:

Well then you might be surprised Rob. I believe getting the vendors made whole is part of Bill's plan.
He's putting significant $$ in up front to give us all a chance
The other option is he could steal it out of bankruptcy for nothing and tell us to go F ourselves
I told him that's exactly what he should do after reading some of the nonsense but he's not going to let the BS wear him down

I really don't understand any of this. Pintasia has already said that they are taking on zero of zidware's liabilities, yet they are trying to work out a credit deal for existing owners for the love of pinball. If they can do that for the love of pinball, why can't they do it for the JPOP'd vendors as well explicitly?

Also, why couldn't they do exactly all of that by bidding on the assets through bankruptcy court? At least that way, their "License Fee" would be split among the creditors and not go to JPOP, and they would be in the exact same situation where they owned zero of Zidware's liabilities. They could still offer credits and whatever for the love of pinball, they could have secret plans to repay vendors still, everything would look like it was above board.

That first offer looked like nothing more than financing the original 25 MG owners on the backs of screwed RAZA and AIW owners and JPOP'd vendors, with the hope of a profitable backend down the road. The 4 day deadline and 4 year don't sue clause in addition to it coming from JPOP's cheerful voice about his new paying gig just made the whole thing toxic. Some good changes have happened, but the reasoning behind it still seems confusing to me.

So I ask again. What is it about buying the assets through bankruptcy liquidation that would prevent them from doing something exactly like this "for the love of pinball? If it's a cheap as everyone keeps saying it is, they could probably still afford to work a plan for 1 credits if they wanted to, and JPOP wouldn't benefit or be involved anymore. How is that worse than the current "we own zero Zidware liabilities" scenario that might be undone by a single lawsuit anyway?

#10436 8 years ago
Quoted from iceman44:

Sorry Razor, this isn't common...

"Proof of Claim - A proof of claim is a form used by the creditor to indicate the amount of the debt owed by the debtor on the date of the bankruptcy filing. The creditor must file the form with the clerk of the same bankruptcy court in which the bankruptcy case was filed."

http://www.uscourts.gov/forms/bankruptcy-forms/proof-claim

#10437 8 years ago
Quoted from dgarrett:

Again, click "ignore" for this guy. Now he is spewing false information - the letters say 2 years for MG, not 4. The only forum comments this guy has made per his profile is on this thread, so this account was solely for trolling this thread.

Just shows how we all think we know more than we do. I don't know much of what the heck is happening but this poster is a genuine JPOP pre-order. Fact!

#10438 8 years ago

Why do you keep calling them this? lol

#10439 8 years ago
Quoted from Razorbak86:

"Proof of Claim - A proof of claim is a form used by the creditor to indicate the amount of the debt owed by the debtor on the date of the bankruptcy filing. The creditor must file the form with the clerk of the same bankruptcy court in which the bankruptcy case was filed."
http://www.uscourts.gov/forms/bankruptcy-forms/proof-claim

I meant the John situation

He doesn't know what everybody owes with respect to remaining balances based on my conversations with him and other owners

That has to be why Bill is asking. We aren't in court yet having to prove up anything

I don't think anybody has ever received an invoice from John, I havent. Just requests to send in more $$
Which I thankfully ignored

11
#10440 8 years ago

Does Zidware own the copyrights to the art and programming if they haven't been paid for?

-1
#10441 8 years ago
Quoted from Sjsilver:

I really don't understand any of this. Pintasia has already said that they are taking on zero of zidware's liabilities, yet they are trying to work out a credit deal for existing owners for the love of pinball. If they can do that for the love of pinball, why can't they do it for the JPOP'd vendors as well explicitly?
Also, why couldn't they do exactly all of that by bidding on the assets through bankruptcy court? At least that way, their "License Fee" would be split among the creditors and not go to JPOP, and they would be in the exact same situation where they owned zero of Zidware's liabilities. They could still offer credits and whatever for the love of pinball, they could have secret plans to repay vendors still, everything would look like it was above board.
That first offer looked like nothing more than financing the original 25 MG owners on the backs of screwed RAZA and AIW owners and JPOP'd vendors, with the hope of a profitable backend down the road. The 4 day deadline and 4 year don't sue clause in addition to it coming from JPOP's cheerful voice about his new paying gig just made the whole thing toxic. Some good changes have happened, but the reasoning behind it still seems confusing to me.
So I ask again. What is it about buying the assets through bankruptcy liquidation that would prevent them from doing something exactly like this "for the love of pinball? If it's a cheap as everyone keeps saying it is, they could probably still afford to work a plan for 1 credits if they wanted to, and JPOP wouldn't benefit or be involved anymore. How is that worse than the current "we own zero Zidware liabilities" scenario that might be undone by a single lawsuit anyway?

Call him and he can explain it to you

Maybe you can convince him to do it your way

32
#10442 8 years ago
Quoted from iceman44:

Sorry Razor, this isn't common and John has terrible records based on all the evidence

So because of John's terrible records, on top of all his other ineptitude, he doesn't have ANY CONCEQUENCES for his actions!? He just gets a pat on the head and gets to go on his merry way? Please. I'm not even talking about revenge and lawsuits....I'm simply talking about him returning what isn't his. We'll never know if he blew all the money or not unless someone goes through the records and makes sense of it. If it's gone because he spent it all on equipment, parts and rent - that's one thing...but if it all went to "salary"? ...that means it's sitting in a savings account somewhere. That money is not his to keep. Since Bill said Zidwares financials aren't their concern, that makes me think Pintasia has NOT sorted through the mess...which just makes this seem like a pipe dream and/or stalling tactic.

There needs to be full transparency of what Jpop did all these years with the money. I think only then will trust be gained.

#10443 8 years ago
Quoted from dgarrett:

Wow, October Expo should be entertaining in Chicago this fall.
Look at all the things that will have happened or will have to be explained away by then....

Man, I'm hoping some of this stuff sees the light at ReplayFX!

16
#10444 8 years ago

Okay, so... If Pintasia is willing to make the owners whole, and the vendos whole, why not just buy Zidware as-is and take on the debt? I mean, they're claiming to basically do that now.

The difference is they can *say* whatever they want, but if they actually took the company as-is, they'd be *legally* on the hook. This license end-run-around is just for everyone to avoid liability.

#10445 8 years ago
Quoted from The_Crow:

As a fully paid customer for a cointaker RAZA and a significant AIWdeposit

How many have their contract of sale through a third party such as this? Depending on the wording, you may have better options than the rest.

19
#10446 8 years ago
Quoted from Rarehero:

How do we know this? Jpop certainly didn't have the ability or connections to finish the game...and maybe didn't have enough cash to build the games, but that doesn't mean all the cash was spent. Where's the money? How was it spent? How much is left? For him to just walk away and keep what doesn't belong to him is the first big problem with this new proposal.

This is the point, John and some other people say John has no assets, I won't say who. But some people are pushing the whole John has no assets button too hard.

Let's see where the money went?

The only way I will believe John has no assets is to have an audit a forensic inspection of his intake and expenditures.

We have no idea if John has money and is giving it to the new entity. Are the books open and I didn't see it? What if John still has $400K left?

All he says is that he's broke, but what salary did he take? What was his overhead? He surely didn't spend his money paying vendors and contractors. So either John stole all the money or he still has some left over. John is the least trustworthy person I've ever known. If he told me he was broke, I'd assume he's rolling in money.

my 2c.

I am not saying this new entity is bad, but to say it's the only solution and to sue John is fruitless I have yet to see Johns accounting for any of the money, he certainly didn't spend it on building a working game or three.

#10447 8 years ago
Quoted from iceman44:

Call him and he can explain it to you
Maybe you can convince him to do it your way

It would be inappropriate for a non-owner to call, and if you believe that disqualifies me from asking skeptical questions in this forum, then we'll have to agree to disagree. Lots of negative commentary by the uninvolved is unhelpful, but not all, and I feel my question is valid and hadn't been asked before. In times like these, I think we need less private conversations and asking to trust someone, and more public disclosure and scrutiny.

That being said, it is a very good sign that Bill and Pintasia are very open to personal and public communication. But JPOP was great about that too in the contract signing/money collecting stages. Public communication can be scrutinized, and that is a good thing.

#10448 8 years ago

What's the total estimate of how much John took-in from buyers?

16
#10449 8 years ago
Quoted from Rarehero:

So because of John's terrible records, on top of all his other ineptitude, he doesn't have ANY CONCEQUENCES for his actions!? He just gets a pat on the head and gets to go on his merry way? Please. I'm not even talking about revenge and lawsuits....I'm simply talking about him returning what isn't his. We'll never know if he blew all the money or not unless someone goes through the records and makes sense of it. If it's gone because he spent it all on equipment, parts and rent - that's one thing...but if it all went to "salary"? ...that means it's sitting in a savings account somewhere. That money is not his to keep. Since Bill said Zidwares financials aren't their concern, that makes me think Pintasia has NOT sorted through the mess...which just makes this seem like a pipe dream and/or stalling tactic.
There needs to be full transparency of what Jpop did all these years with the money. I think only then will trust be gained.

I'm with you 100% on this, and I said as much over in the owner's group. I want to know where all our money went, and I can't even imagine signing anything until this information is all laid out in black and white. For all we know, John is sitting on a boatload of our cash. If forcing him into bankruptcy is the only way to prove this isn't the case, then so be it.

#10450 8 years ago
Quoted from sturner:

So why are you demanding people not sue Zidware? You keep saying their accounting is not your problem and their business is completely separate from yours. Yet you seem to be really invested in protecting them.
If this is about the license, you know that as a licensee, you are given certain protections under today's bankruptcy law. And if that is still an issue, just buy the IP directly from him right now.

Just my suspiciousness, but the more someone say don't sue, don't examine Johns books, the worse it sounds.

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