(Topic ID: 203700)

deeproot Pinball thread

By pin2d

6 years ago


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  • Latest reply 4 days ago by blueberryjohnson
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deeprootcapital-321-2024.02.27.pdf (PDF preview)
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SEC-140-2024.02.05.pdf (PDF preview)
SEC-139-2024.01.25.pdf (PDF preview)
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Topic index (key posts)

357 key posts have been marked in this topic, showing the first 10 items. (Show topic index)

There are 33,444 posts in this topic. You are on page 463 of 669.
#23101 2 years ago

Breaking news!

Announcing new dates for the 5 days of deeproot!

New venue!

Don’t worry, the event wil still be in our home town of San Antonio… but now at the much larger western district court of the US!

Dates will be set soon… but will be in the first half of 2022!

Book your seats!

#23102 2 years ago

Why are there so many pieces of crap trying to steal our money? What a non-surprising turd.

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#23103 2 years ago

Screen Shot 2021-08-21 at 8.07.34 AM (resized).pngScreen Shot 2021-08-21 at 8.07.34 AM (resized).png
https://www.pinballnews.com/site/2021/08/21/game-over-for-deeproot-pinball/

A meme-worthy pic for the road
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#23104 2 years ago
Quoted from jonesjb:

I wonder if Pinside might be referenced as evidence in the SEC’s case?

I wonder if someone with a law license to lose might be worried if they appeared to be schilling for a scam?

#23105 2 years ago
Quoted from jonesjb:

I wonder if Pinside might be referenced as evidence in the SEC’s case?

Largely hersay and not relevant to the two funds.

Now all his interviews…. Well thats a bit more juicy. But again- largely not related to the funds.

Remember he isn’t being sued for building a shitty pinball company.

#23106 2 years ago

“Lab/Manufacturing” wooo boy -anyway this ish is for sale for something like 5m right now any takers?

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#23107 2 years ago
Quoted from pinballonthemark:

3. Steven Bowden was scammed in his hopes and dreams to code RAZA realizing it would never get played by anyone. Feel really sorry for him.

How was he scammed? He chose to go work there... and if I'm not mistaken, he was hired in 2018, which means he willingly stayed there for THREE years. Based on the results we've seen, not to mention years of missed deadlines, you don't think he had a clue that something wasn't right? I'll agree that his employer is turning out to be a total shit show... but there's no way that red flags weren't popping up at every turn, especially with the "media day" where they had nothing to show but a half working game.

When they started selling games and promising a delivery date, did he and the others not see that manufacturing was non-existent?

Folks that were on the inside quickly become part of the problem when they make statements that signal to the larger community: Everything is ok. Just wait and see what's coming...

Dennis Nordman certainly dropped a huge hint of issues when he left. Hats off to him!

People in our community frequently have few data points to make high-dollar decisions (especially in a small ordering window). That's when voices like this become especially dangerous.

Am I the only one that looks at this whole mess with a level of disgust across the board? I've heard Steve is a nice guy and I hope that's true, but from a pinball company persepective, I don't have a shred of evidence to indicate whether he's a good rules designer or a bad rules designer. And as of now, his association with DeepRoot has been rather quiet, aside from pumping up the company and practically promising that amazing things were coming. For me, his words were definitely weighty. I beleived him... and I sure wish he'd been more vocal as the ship was sinking. People have lost a lot of money.

#23108 2 years ago

SEC release: https://www.sec.gov/litigation/litreleases/2021/lr25179.htm
Screen Shot 2021-08-21 at 8.17.32 AM (resized).pngScreen Shot 2021-08-21 at 8.17.32 AM (resized).png

Summarizes as Robert funneling more than $30m of $58m to other businesses, paying early investors with at least $820k from later investors, and personally enriching himself to the tune of approximately $1.6m in salary and $1.5m for personal expenses.

Credits for backbox:
The investigation has been conducted by Paul Bohr, Eric Berelovich, and Sachin Verma, and supervised by Jennifer Leete, Peter Rosario, and George Bagnall. The litigation will be led by Christian Schultz and David Nasse and supervised by Stephan Schlegelmilch.

#23109 2 years ago

Don't forget, Dennis Nordman wasn't the only canary in the coal mine: David Thiel also left Deeproot's exclusive game and audio design team long ago.

Screen Shot 2021-08-21 at 8.21.33 AM (resized).pngScreen Shot 2021-08-21 at 8.21.33 AM (resized).png

https://deeproottech.com/

#23110 2 years ago

How can I get the Titanic Deeproot sinking T-shirt?
I want this.
I mean, I really want 1.

27
#23111 2 years ago

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#23112 2 years ago

The second best news of the day is... JPOP no longer has a sugar daddy and is forced to look for work again

#23113 2 years ago

I would love for blueberryjohnson to be called as an expert witness due to his extensive record-keeping in this thread (and compensated with a modest per Diem throughout the trial, of course).

Also wouldn’t mind a special edition of The Ben Heck Show detailing all of this from his perspective. Bonus points for dramatic re-enactments by benheck himself.

14
#23114 2 years ago
Quoted from iceman44:

While you guys are all doing the happy dance, [...]

For me, I’m happy now [...]

So wait, you're allowed to be happy, but we aren't? No one here is happy that innocent investors lost money. I'm not even happy that pinball guys who should have known better lost money. But I AM happy that it's over, that no more Steve Bowdens will be hoodwinked into a dead-end job, that no more suckers will throw money down a well that could go to actual manufacturers... at least until the next money pit comes along.

#23115 2 years ago
Quoted from JStoltz:

I would love for blueberryjohnson to be called as an expert witness due to his extensive record-keeping in this thread (and compensated with a modest per Diem throughout the trial, of course).

the courtroom sketches would be entertaining

40
#23116 2 years ago
Quoted from benheck:

Hey has Robert been outed as Mormon yet?
Yup. He's Mormon.

So am I.

Got a problem?

Substitute "Mormon" for "homosexual", "Korean" or "Jew" and you be considered an ignorant bigot.

#23117 2 years ago
Quoted from Ericpinballfan:

Why is your Logo a pinball up your Ass?
Dude, your not going to sell shit!
How can you function with waking up each morning claiming your starting a pinball company?
Whomever supports or backs this company is just throwing good money into more bad pinball.
Better off investing in an Hydrofoil.
So sad your Using Andrew as your mentor!

My post from 3 years ago.
Always take the refund when offered.
Said that way back when too.

#23118 2 years ago

Kinda feels like the scene in Shawshank when the warden is exposed and the cops are closing in. I guess blueberryjohnson or Kaneda is Andy Dufresne.

flynnibus is Hadley

#23119 2 years ago

Dang, I just caught up on like 300 posts. My two takeaways:

1. I’m glad I put a certain Cold Guy on ignore 5 years ago, cuz I would have had to read a lot more. I suggest everyone do the same. Pinside is a lot better that way.

2. RM & Jpop will have plenty of time to finish their games IN HELL. They can team up with Trudeau.

Obvious criminal was obvious from Day 1. May this be a lesson to keep narcissists, gaslighters, cheaters, braggarts, actors of bad faith & spreaders of disinformation far away from your life.

15
#23120 2 years ago
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#23121 2 years ago

You guys didn’t really expect Ice to admit he’s a stooge did you? That doesn’t fit with his ego at all. Of course he doubled down.

#23122 2 years ago
Quoted from Mr68:

He's soon to have no wives.

HE will be someones wife soon

#23123 2 years ago

5kcxqc (resized).jpg5kcxqc (resized).jpg

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#23124 2 years ago
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#23125 2 years ago
Quoted from blueberryjohnson:

the courtroom sketches would be entertaining

I will pay on my own dime for zombieyeti to fly down and do those courtroom sketches !

18
#23126 2 years ago

Licensed Canadian financial advisor here... I've read the SEC filing. This is something else.

#23127 2 years ago

Looks like the break room had regular pins in it. I'm guessing those will be among the liquidation assets.

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#23128 2 years ago
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#23129 2 years ago
Quoted from ForceFlow:

Looks like the break room had regular pins in it. I'm guessing those will be among the liquidation assets.

So it looks eight people WILL get a pin from deerpoot. Take that, doubters!

18
#23130 2 years ago
Quoted from Scandell:

So am I.
Got a problem?
Substitute "Mormon" for "homosexual", "Korean" or "Jew" and you be considered an ignorant bigot.

LOL

Triggered much?

I'm an atheist and if someone calls me out on it I don't give a shit.

#23131 2 years ago
Quoted from DerGoetz:

LOL
Triggered much?
I'm an atheist and if someone calls me out on it I don't give a shit.

Define "calls me out".

#23132 2 years ago
Quoted from ForceFlow:

Looks like the break room had regular pins in it. I'm guessing those will be among the liquidation assets.[quoted image]

Best picture ever. Deeproot break room had TNA, a game that Scott danesi quite successfully made in his basement. Oh that's rich. Too bad the trial will have nothing to do with pinball and everything about the other $58M

#23133 2 years ago
Quoted from yancy:

So it looks eight people WILL get a pin from deerpoot. Take that, doubters!

Unfortunately, one of them will be getting an AMH

#23134 2 years ago
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#23135 2 years ago
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#23136 2 years ago
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#23137 2 years ago

I've been waiting till now to bring this up:

How much investor/pinball $ do we think RM put into the touch ups for his facebook profile photo?

You know the one where he looks 100 pounds lighter than reality?

Scandrell probably knows: Was this project delegated to the animation department or contracted to an expensive outside studio?

#23138 2 years ago

Dammit, I have to schedule a vacation and get a life now that the Deeproot thread is coming to and end

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#23139 2 years ago
Quoted from ForceFlow:

Looks like the break room had regular pins in it. I'm guessing those will be among the liquidation assets.[quoted image]

Funny thing… even though none of this is funny… it seems to have been listed for sale July 2nd….

#23141 2 years ago
Quoted from flynnibus:

That money was handled in normal good faith activities by the llc so no one is coming after zidware refunds or tpf sponsor dollars etc.
What will happen is deeproot pinball the llc will have tens of millions judgement against it… they’ll declare bankruptcy … liquidate and the judgement will take some of the proceeds.
The pinball activity isn’t scrutinized here except in the insider dealing of RM giving pinball money without normal expectations. So the suit (for DP) is simply ‘we want our money back from deeproot pinball’ that you got unjustly.
Its the end for Deeproot pinball because they don’t have the money to give back… and of course RM is f’d individually and has no way forward for deeproot pinball.

Man I don’t know. None of us are lawyers.

But like I said, I’m sure glad I didn’t get a check from deep root. Looks like a pretty big gray area at least.

The people who got scammed are gonna come sniffing around for their money, even if they can only hope to claw back cents on the dollar. Only a matter of Time. Over the course of time, everybody involved in this, every recipient of deep root money is gonna get looked over.
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#23142 2 years ago
Quoted from blueberryjohnson:

the courtroom sketches would be entertaining

Only if they were done exclusively in purple crayon...lol

15
#23143 2 years ago

Guess the only thing Robert Mueller is going to be quad manufacturing now is license plates.

#23144 2 years ago

Looks like our fishing friends at https://www.whitesecuritieslaw.com/deeproot-growth-runs-deep-fund-llc-securities-investigation/ may be wise to prioritize that particular net.

#23145 2 years ago
Quoted from CrazyLevi:

Man I don’t know. None of us are lawyers.
But like I said, I’m sure glad I didn’t get a check from deep root. Looks like a gray area at least.
The people who got scammed are gonna come sniffing around for their money. Only a matter of
Time.
[quoted image]

The relief defendant is deeproot pinball - not people deeproot pinball did business with. The judgement will be against DP - how DP pays (they won't) will fall to DP and bankruptcy - not this case. Those transactions won't be clawed back in bankruptcy because they were not preferential transfers. DP will be on the books for owing millions to the SEC and investors and will just fold up in bankruptcy.

Deeproot pinball customers will have to file their own suits or get in line at bankruptcy - they aren't part of this suit.

#23146 2 years ago

His quad-capabilities will soon be tested yes.

#23147 2 years ago

Hawaii enthusiasts: There may soon be one more condo up for sale!

https://www.hawaiirealestatesearch.com/kauai/pili-mai-at-poipu

#23148 2 years ago

"On August 22, 2020, Mueller authored a personal letter to 575P investors – but
not the 575D or dGRD investors – claiming that the COVID-19 pandemic “has caused some
disruptions to cash flow” and stating, “we try to keep adequate reserves for things like this.” "

The Covid Defense.

#23149 2 years ago

What no Pinbar then?

#23150 2 years ago

I updated my cartoon with a new shirt for buyers… Feel free to use as relevant.

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