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madman

Member since: Aug 14th, 2009

madman's Latest Comments

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Joystiq1 Comment

Gamecock acquisition goes south - vendors accuse SouthPeak of not paying up

Aug 14th 2009 8:57PM (Joystiq)
Agreed.

Our company still has outstanding invoices with South Peak.
We "settled", but never signed any docs. (watch out SP... we might be back for the rest or our moneys). I think we got about 33% of what was owed.
Does anyone have the full list of people owed money? We should all file together to reduce our lawyer fee's.

One thing that wasn't mentioned in the article is that this didn't just happen in a week. Invoices started to be unpaid about 4 months for us before the buyout.

Another disgusting slap in the face was the "best quarter ever SP press release" back in December. Easy to post those numbers if you don't pay your liabilities.

Honestly, I think there is a lot more to this story than mentioned... But, thank you Joystiq for the article... this was long overdue.

Thank god our company survived without layoffs, though some of us had to sacrifice about 50% of our yearly projected income. I feel bad for some of the others out there.

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