There seems to be many conflicting uses of the terms license, asset and liability here. If I understand the last 11500+ posts, it seems Wc and group at Pintasia have bought a license to build games. They are borrowing MG from Zidware to complete a working prototype to be at the NW pinball show to see if there is interest - from pre-order buyers to stay in and from potential new orders to bring the MG production run to 199. A license doesn't not mean Pintasia buys any part of Zidware. Assets would include any physical or virtual parts of the game (hardware and software, including data in design files) - so they get none of that. They don't inherit the IOU's of deposits that have been made (so no liabilities) nor any liabilities to vendors (which seems like there is a lot of open invoices to many/all vendors of programming, parts, art work, etc.). What we are all struggling to understand is that many of the liabilities are outstanding accounts payable - so where is all the cash? - if you didn't pay any invoices, and you only leased space and machines - there should be a lot of cash in paypal.
For simplicity though - lets assume all the cash went to leases and salary - and Zidware has nothing except a shelf of parts and a few cabinets/playfields/boards that appear to total maybe 3 machines in total.
So that would inform everyone with a Zidware accounts payable claim(i.e. unpaid vendors, service providers and customers with deposits) on what decision to make. If there are $0 in assets, except the game going to NW pinball, plus some parts, you could split that by your deposit/total deposits.
All the civil complaints and suing for money back, may win judgements, but I would say if $0 cash to pay you, then Zidware/John will not be able to pay, and collection agencies will need to be hired (by each depositor?). In bankruptcy, there would be large costs of discovery, and net payout to investors after legal and discovery expenses, would be very low or zero.
I think the only logical decision left, is to give Bill and group the 33 days until June 30, before deciding whether or not to transfer your deposit claim to Bill in the form of Pintasia credits. If you don't transfer your deposit claim to Pintasia - you are trying to get $ out of a stone (or you can bet on the chance of there being some $cash - but know that is will be depleted by claims, legal fees, judgements and collection costs) .
If you transfer your deposit claim in exchange for Pintasia credits - then you have to give up your right to sue in order for Pintasia to honor those credits (which MAY worthless). Those credits are the only thing I see that might have value to you as a depositor.
For credits to have value - the NW reveal has to convince depositors and new potential buyers that MG is worth taking to production (by worth = do shots feel right, is the art cool in person, do I think the Pintasia team has a viable manufacturer lined up?). Also, enough depositors have to convert to Pintasia credits (whether in on MG, RAZA or AIW) so that they know if they should proceed or ditch.
Maybe this will help with the use of asset, liability or license. Right now the posts are pretty confusing b/c these words are getting mixed together.