Again with the LITG DW goss...

KingMob · Post by **KingMob** » Mon Feb 21, 2005 11:43 pm

If only for gossip-monger value, LITG has another post that may be of interest:

Letters have gone out to DreamWave employees setting out the exact nature of the companies debts. And they're massive.

Principle secured creditors are Teddy and Anne Lee on $141,000/ I understand these are Pat and Roger Lee's parents. However, it appears they were assigned that amount of security for $35,000 in January. All legal and above board. But the likelihood of owed money trickling down to unsecured creators much further down the list as a result is considered very slim indeed.

Also, these letters are dated February the 9th. What this means for previous declarations or receovership/bankruptcy is unknown.

Another interesting note under Dreamwave assets are vehicles - $89,000. Porsches don't come cheap folks.

Still, there are plenty of opportunities at Dream Engine for young keen bright eyed chaps and chapesses out there.

Or maybe just give Devil's Due a call. The Hasbro Transformers license decision is due this week. It really could go in a variety of directions. Devil's Due are favourites but they played hardball at the end. If another publisher give Hasbro what they want, they may go with it.

http://www.comicbookresources.com/columns/?column=13

Impactor returns 2.0 · Post by **Impactor returns 2.0** » Tue Feb 22, 2005 12:13 am

$90k Porsche for playboy Lee I bet...

This week will be interesting either way, we find out who gets the license.

KingMob · Post by **KingMob** » Tue Feb 22, 2005 5:49 am

Pat claims he doesn't know who's getting the license here: http://www.wizarduniverse.com/magazines ... 1-five.cfm

The Dreamwave situation was unfortunate

No ****

but it hasn't taken me away from comics.

Well that's all right then!

And other stuff, about how Tom DeSanto won't return his calls, how he agonised over selling his sportscars to keep DW going, what Marvel bigwigs he likes to kiss up to and what he plans to [composite word including 'f*ck'] up next.

Well, maybe not reeeeeaaallllly.

Post by **Best First** » Tue Feb 22, 2005 7:11 am

what a tw*t.

end of.

Post by **spiderfrommars** » Tue Feb 22, 2005 9:33 am

Pat finally speaks!

KingMob wrote:
And other stuff, about how Tom DeSanto won't return his calls, how he agonised over selling his sportscars to keep DW going, what Marvel bigwigs he likes to kiss up to and what he plans to **** up next.

Post by **Best First** » Tue Feb 22, 2005 4:12 pm

given the downturn in trends that adversely affected sales on their number one licensed property, Transformers.

eh?

KingMob · Post by **KingMob** » Tue Feb 22, 2005 4:22 pm

I guess that's a reference to the nostagia boom, but DW survived past that. They cocked up coz the Lees couldn't manage ****, not because the 80's cartoon nostagia trend faded out.
Excuses.

Post by **spiderfrommars** » Tue Feb 22, 2005 4:59 pm

Yeah, in that recent interview, Blaylock said GIJoe was the last one standing from the nostalgia boom.

Doesn't change the fact that TFs were selling more than GIJoe. It's just piss poor management.

Post by **Best First** » Tue Feb 22, 2005 6:47 pm

KingMob wrote:I guess that's a reference to the nostagia boom, but DW survived past that. They cocked up coz the Lees couldn't manage ****, not because the 80's cartoon nostagia trend faded out.
Excuses.

hmm - i put it down to the fact that people cottoned on that the the flagship title was largely a barrel of s***...

Impactor returns 2.0 · Post by **Impactor returns 2.0** » Tue Feb 22, 2005 7:04 pm

yeah - ppl bought the first few issues because it was cool, then noticed it was **** and gave up.

Personaly I feel they took it in all the wrong directions, and essentially failed to produce a publication of worth.

I tells ya if I could run that license, oh it would be almost simple.........

Optimus Prime Rib · Post by **Optimus Prime Rib** » Tue Feb 22, 2005 7:09 pm

Impactor returns 2.0 wrote: I tells ya if I could run that license, oh it would be almost simple.........

*board meeting* "Ok ok I got this GREAT Idea.. how about.. wait for it.. IMPACTOR RETURNS!"

Predabot · Post by **Predabot** » Tue Feb 22, 2005 8:36 pm

Optimus Prime Rib wrote: *board meeting* "Ok ok I got this GREAT Idea.. how about.. wait for it.. IMPACTOR RETURNS!"

Like what?

Space dust? Cause last time I checked that was all that was left of Zombie-pactor..

Looks at watch..oh *get's bitch-slapped*

Impactor returns 2.0 · Post by **Impactor returns 2.0** » Wed Feb 23, 2005 1:03 am

actually his brain modual was still intact due to it eing made of the same stuff as ironhides butt... the small round sphere device was able to get bounced away in the explosion... all he needs is some matrix goodness and a new body