(Topic ID: 229649)

The Pinball Company - WeFunder Comments

By PinballCompany

5 years ago


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  • Latest reply 5 years ago by MacroMegas
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    #42 5 years ago

    Any potential investor should read the risks page on the TPC WeFunder page very carefully. Promissory notes are NOT stock, or vice versa. Rules governing such options are not protected. Investors cannot redirect company policies or management. Success can be entirely dependent on external factors in pinball such as ability to acquire examples of titles of games that in most cases have not be made for over 25-30 years. This essentially is free disposeable capital to TPC with crossed fingers to individuals, despite supposed limitations of non-secured investors, which is specifically designed to protect a parent company, not an investor themselves.

    People have a right to be skeptical when offers are asked to invest in a luxury, non essential commodity (pinball) or a company that offers this commodity as primary part of their sales model that historically has been determined to be questionable during poor economic periods. That also comes with experience. Many long time distributors had to further diversify their equipment sales significantly for this exact reason to survive in the past for the same above reasons.

    I don't have any issues with TPC or their sales, I only dislike investment pitches that make it sound like it a dream come true when the reality of the numbers of pinball game distributors dwindle to a handful during fluctuations of economy. Most resalers have not even been around since the last game sales depression.

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