I have no horse in this race.....but , having watched all this unfold, from all the way back to the initial offerings of Magic Girl, all the way up to this 10K plus thread, learning that Jpop was still trying to take money on machines up until a couple of weeks ago, my head is just shaking in disbelief.
What Jpop has done is 100% criminal, poor to no records, owes everyone, no money for refunds, and the threat of bankruptcy if you don't sign this bullsh*t.
You can all sue all you want, but a BK will protect him. Those of you who have lost money should be following a path to get criminal charges against him. I bet my collective ass money spent on deposits was used for Jpop's personal use and that KISS prototype. All of which would be highly unethical and quite ILLEGAL. If he cannot even provide records for who made deposits, then he sure as hell cannot provide record for the dollars spent from the dollars(deposits) collected.
Criminal charges, possibly some time in a facility, and restitution are the only viable options to make him pay.