Rebirth of Heighway Pinball

(Topic ID: 190495)

Rebirth of Heighway Pinball


By HP_INVESTOR

1 year ago



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  • Latest reply 5 months ago by pinsanity
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There are 1517 posts in this topic. You are on page 31 of 31.
#1501 5 months ago

Looking at the letter on pinballnews, does it seem strange that there are no consumer creditors owed 1100 pounds?

I would have thought there would be quite a few consumer creditors owed the initial $1500 US deposit that never got a refund?

#1502 5 months ago
Quoted from Damonator:

Looking at the letter on pinballnews, does it seem strange that there are no consumer creditors owed 1100 pounds?

I would have thought there would be quite a few consumer creditors owed the initial $1500 US deposit that never got a refund?

I find this odd also. I was out 1850 im on the list but it shows im owed the full amount of the game.

Wouldn't that be nice?!

CF03

#1503 5 months ago

Cointaker for $80,000 -ouch.

#1504 5 months ago
Quoted from SunKing:

Cointaker for $80,000 -ouch.

Actually, it is worse than that. It is 80,000 British Pounds = $108,000 per rubberducks post. Sorry to see this happen to such good folks.

#1505 5 months ago

Did anyone confirm this with CT??
$108K can sink a small company!

#1506 5 months ago

The amount showing for me is actually the balance I owed rather than deposit paid. All estimates anyway as they need proof of deposit even if you’re already on the list.

#1507 5 months ago
Quoted from way2wyrd:

I find this odd also. I was out 1850 im on the list but it shows im owed the full amount of the game.
Wouldn't that be nice?!
CF03

OK - that makes more sense. There are a lot of 4600ish pounds entries - that is around $6500 US which was probably the price of a standard edition. They may have simply recorded that amount for anyone that had a deposit.

Quoted from mark9:

The amount showing for me is actually the balance I owed rather than deposit paid. All estimates anyway as they need proof of deposit even if you’re already on the list.

...or this - it's showing the balance you still owed, which is strange.

#1508 5 months ago
Quoted from rubberducks:

They may have some spares, but it's unlikely they'd be able to order new batches large enough to make it affordable for consumers.

Or if the china company is slick in the first place... and will sell you PinBro boards that are functionality equivalent

#1509 5 months ago
Quoted from spfxted:

Would 100 be considered a decent order? (did Heighway order much more than that)?

I think they'd still be pretty damn costly, and it would take them ages to sell those. Unless people pre-ordered them as spares.

-3
#1510 5 months ago
Quoted from spfxted:

Did anyone confirm this with CT??
$108K can sink a small company!

Yeah, but CT made up for it with the huge profits that they got from JPop's CT edition of Zombie Adventureland.

#1511 5 months ago
Quoted from rubberducks:

I think they'd still be pretty damn costly, and it would take them ages to sell those. Unless people pre-ordered them as spares.

what is the company/contact info?

I would be happy to see what is even feasible to help out the community of owners. 100 boards is really not too many since the game uses multiples.

#1512 5 months ago

If they are ~$2,000,000 in debt here, isn’t there a strong possible chance that they were trading insolvent (is that illegal)?

If so would communications otherwise be deemed misleading, and was the way Pinball Brothers transferred assets a legal way to restructure against exposure?

I’d be grateful if anyone can answer.

#1513 5 months ago
Quoted from SunKing:

Cointaker for $80,000 -ouch.

Due to all the errors where people who were owed deposits, wrongly shown as full amounts - wonder if the £80k was the amount Cointaker were going to pay but in the end they didn't?

That is my guess.

#1514 5 months ago
Quoted from spfxted:

Did anyone confirm this with CT??
$108K can sink a small company!

Not the first time CT has taken a big loss. Remember a guy named John Papaduik. That did not sink them, so I doubt this one will either.

#1515 5 months ago
Quoted from woody76:

Not the first time CT has taken a big loss. Remember a guy named John Papaduik. That did not sink them, so I doubt this one will either.

Shitty thing is they might not bite off on a more righteous start up in the future because of these shipwrecks.

#1516 5 months ago
Quoted from Chippewa-Pin:

Could be. He may have paid in full early and was just glad to get them so he could recoup his money.

#1517 5 months ago
Quoted from SunKing:

Cointaker for $80,000 -ouch.

At the other end of the scale company creditor listing is conspicuously missing any Australian businesses.

Quoted from sleazius:

Wayne was the Australian distributor for Alien. He probably lost money like everyone else involved.

Yeah probably.

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