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Re: seventeen post# 32102

Thursday, 08/18/2011 6:01:26 PM

Thursday, August 18, 2011 6:01:26 PM

Post# of 38585
At the end of December 1993 the company collapsed.[3] Co-founder Troy Lyndon had left two months earlier.[3] After milestones for some of the projects hadn't been met, publishers denied further payments, which worsened the situation.[3] One large customer that accounted for 30% of business, decided to pull out of its contracts.[3] This led to a chain reaction with other business partners dropping their projects.[3] Park Place Productions could not pay its employees in December 1993.

Not quite as rosy as you made it out to be partner. The company itself was obviously not managed properly. Big surprise huh? Left 2 months before the collapse as if he didn't know it was coming?


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