Reply To: Sad news about 4Ground going into Liquidation

[riley-keithParticipant 114xp 3]

I am normally the silent lurker but sometimes you just have to register and comment. It is nice to see the love in BUT they have gone bust so perhaps some thoughts for everyone they owed money to and wont see it, I would worry about the KS backers here as well because ‘fully intend’ don’t cut it and once the administrator has finished with 4Ground they’ll have no one to chase. I don’t buy the everything is great story especially with the hurried domain change and total lack of updates given other than ‘everything is ok honest’.

They could be the nicest guys ever with the best products on the planet but if you cant pay your bills this happens and I think its bad that they keep going and everyone else loses out. Big six figure sums written off and creditors only getting a fraction of what they were owed is the word on the street. They might rise ‘like a phoenix’ but they need things to burn to a crisp first and that would be everyone the previous incarnation owed money to. Creditors have had letters to say as much and this is a fact.

I really have no tie into this either way but I worked for a company that got burned big time by a phoenix company and having been on the other side of it I see all the same signs. Website sales, not responding to emails, who doesn’t remember Maelstrom Games and that ended well for everyone involved didn’t it. I’m sure there are plenty of other really nice guys making really cool stuff companies out there on the list of companies who don’t exist any more, it does not make you immune.

KR