Quoted from jeffspinballpalace:Not an external one, but the internal process describes a final stage sign off. That means a signature by an executive such a VP, Pres or Board level. The cash infusion begins and we'll see what happens next.
What are you talking about? What executives (besides Barry & Jaap as directors), what board, what VPs, what president (CEO)? What cash infusion?
I've repeatedly heard people talk about a big money investor in DP, but when challenged to provide some evidence of it, they've never been able to and have backed down. I haven't found any evidence of it either - and I've looked at the company's records and asked around.
Now that there has been a clear path back to production (finances allowing) for around 6 or 7 months, if they had a serious investor I think the process would have been rather more expedited, as opposed to slowly, slowly doing one engineering sample at a time.
If someone with deep pockets was backing it, you probably never would have had the ARA stand-off and 'hostage' situation in the first place, because a company that was flush, or whose backers were, wouldn't be an easy target. Instead, they were strapped for cash and a sitting duck for any potential sharp practice.
I doubt DP can even get a loan at the moment, unless it's from a particularly kindly individual already in the pinball industry, or Barry / Jaap are taking out personal loans. Maybe Xytech are fronting some of the development cost, on the understanding that the build order will be a mix of old and new money, so that DP can immediately start paying them back.
If they can actually get these out, and at a price which will sell (particularly I feel in Germany / Australia), then things might change for them in terms of being able to raise cash or sell equity for less than peanuts.
Now? I don't see it.