"Peachy Printer embezzlement " Topic
6 Posts
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Action Log
12 May 2016 4:19 p.m. PST
by Editor in Chief Bill
- Changed title from "Peachy Printer embezzelment " to "Peachy Printer embezzlement "
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| Pictors Studio | 11 May 2016 9:09 a.m. PST |
YouTube link If you don't want to watch the whole thing: Their financial guy had the money from the kickstarter go into his personal account and he spent it on building a house. |
| Brian Smaller | 11 May 2016 11:14 a.m. PST |
A lien on his house, sell it to recover the money and have him charged with embezzlement. That he is a 50% owner of the company is irrelevant. |
| whitphoto | 11 May 2016 1:32 p.m. PST |
Seems overly dramatic and over produced for an apology video… |
| Pictors Studio | 11 May 2016 1:36 p.m. PST |
It seemed over produced. I don't know about over dramatic. The owner didn't seem to be as enraged as he said he was. It all seemed rather set up. I was kind of expecting some sort of punch line at the end like . . . he spent it on his house because we made the printer for only 20% of the money anyway, or he invested the 20% and tripled the investment and we made the printer or something like that. |
| cohort | 11 May 2016 4:01 p.m. PST |
What I don't understand is that the company says it lost 324,000, but recieved in repayments, grant and loans 387,000
and they say they can't finish. |
| thehawk | 12 May 2016 3:30 a.m. PST |
Looked like a scam to me. |
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