Now for the real world translation?
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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While Catalyst has been publically quiet, we’ve been working behind the scenes these last few weeks, reviewing our processes across the board and changing and updating as necessary, while still working on future products.
We took Coleman out back and beat the shit out of him and he's not allowed to look at the company money anymore. He's not fired and in jail yet because that would be admitting to the crimes and we might go down with him...
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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As announced on March 20th, a select list of Shadowrun books was put on hold as we negotiated with several freelancers concerning those products.
We didn't pay them.... and they put a stop on the books via their contracts because.... we didn't pay um.
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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We’re pleased to say that within the last three weeks we’ve been able to make 65 payments to dozens of freelancers covering a variety of projects and resolved the hold issues.
65.... payments to Dozens of freelancers, covering a variety of projects. 65... payments to Dozens of freelancers. We finally paid them what we owed them, or enough for them to lift the hold.
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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This process included completely paying off four books already in print while simultaneously auditing past due contracts in order to continue payments on completed projects. We also chose to pay off a book in preparation for sending it to print.
Turns out... when people do work for you, and you're in contract for that work. You actually have to PAY um. Who knew!? So... we paid um what we OWED them, and have looked over our books and paid off what we could so this didn't happen with the next book we're trying to publish. Note we didn't pay all. Just what we need to get product back on shelves.
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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We believe that this three-fold approach of resolving the disputed contracts, establishing a payment plan for completed work, and ensuring new product continues down the pipeline is the best recipe for success at this time.
Turns out... if they do the work we DO have to pay um. "The Check's in he mail" only works for so long. So.. we're planning in the future to pay for the work we contract. So this doesn't happen again.
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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Catalyst has been in negotiations with some additional parties for weeks concerning how to pay down debts, including making partial payments, turning over stock and so on, as they’ve requested.
They had us over a barrel so we released those properties in an attempt to dodge those lawsuits...
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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We’ve been notified that some of these parties are pursuing additional legal means to secure the monies owed despite the negotiations.
We're still in the hole and we're being sued for the money. The gall!
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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Our legal counsel has advised that the lawsuit is baseless. As such, Catalyst will defend against it and expect it to be dismissed in the near future.
If people ignore the rest of the information on hand, and even.. in this very release where we note we were behind on paying DOZENS of people 65 payments and had to let properties go due to none payment and use stock items to pay them off. Maybe they'll think we never do wrong and we actually PAID these guys. Right! Um... Look A dime!! SHiiiiiiiny!!!
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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Regardless, we’re continuing our negotiations and will continue to move, as we’ve been doing, to pay debts down as quickly as possible.
Ignoring the fact that we had to be taken to court to pay and had to have books put on hold for non payment of the people that wrote them. But we'll do better in the future. Those pesky workers aren't gonna work for free any more!
QUOTE (JM Hardy @ Apr 21 2010, 06:32 PM)
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Finally, as some of you may have noticed, we’ve just changed the legal text and logos on all our appropriate sites that reference Shadowrun and BattleTech from WizKids to The Topps Company, Inc., per their direction. We’ve been in contact with Topps for weeks regarding these situations. We are currently in negotiations to re-secure the Shadowrun and BattleTech licenses.
Topps has taken notice that the excrement has hit the fan... and are making sure we know they own our asses on this.. so we're kissin' ass and trying to get them to give us another chance!
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Now... this was done in partial jest. It's ment to make you laugh a little... but there's a good number of points above that you might want to take notice of.
Their gentle wording aside some of the things admitted to should scare the crap out of you as fans of the IP. I know it does me.
Topps would have to be insane to let these guys retain the property now.