basically Andrew has gone broke and now investors have chimed in and taking over with a cash injection - tread carefully if investing money and the new group is a unknown...
Hello to all pinball enthusiasts out there, we are active investors in Heighway Pinball Ltd. There has been a lot of talk, and also silence, over the last few weeks. For this we are sorry but we have not been legally able to reach out to you before now. We are now happy to announce that we have reached an agreement on how to take over the business and move it forward.We are all pinball enthusiasts and professional business owners. We are fully committed to making your games and we have the plan and finance in place to make this happen.We have drawn up a detailed strategy to invest money into the company, both to ensure that machines are built to the highest quality and also to ensure that healthy numbers are shipped as quickly as possible.The company will have new management, new leadership and new funding to make sure that everyone, who has money at stake, will get their ordered pinball machines. The budget and business plan for how to make this a success has been carefully drawn up and is about to be put in place.The transaction is now in progress and legal papers are being drawn up as you read this. We hope you all will bear with us for the next couple of weeks as we get everything in place.We have had positive talks with our major distributors around the world and we thank them all for their patience and for believing in us.Together with our suppliers, distributors and you pinball enthusiasts, we can make this happen. Alien is a great game and there are more to follow.We will keep you updated and communication channels will be opened as soon as we are settled in.Thank you for your understanding and patience in advance. We understand your frustrations and concerns. All of us investors are in the same boat as you, waiting for their games to be shipped and, after much time spent at the factory, we have taken matters into our own hands to ensure that Heighway Pinball can survive and prosper.Regards
Investor Group - Heighway Pinball Ltd
