
"Public Statement from Wai Kee Hui Regarding Wargames Factory" Topic
169 Posts
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Dremel Man | 01 Apr 2011 7:37 a.m. PST |
My only questions is this; Was the former Mattel executive also a former GW executive? If so, no wonder it went pear-shaped. THAT person is the kiss of death
. |
jgawne | 01 Apr 2011 10:12 a.m. PST |
It is an interesting story, and one that would make a great paper for someone ina business school. But I have to wonder, who would allow a small company in another country that has never paid anything to run up a 250K bill? I'm no businessman, but even I would stop long before it hit that mark. Oh, and I was curious to see they needed to move the company to the west coast (OK, fair enough) but it's in Utah now apparently? Did I miss some earthquake that sank California? |
General Disaster | 01 Apr 2011 10:52 a.m. PST |
It's a Mormon conspiracy! |
kyoteblue | 01 Apr 2011 11:08 a.m. PST |
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irondog | 01 Apr 2011 11:22 a.m. PST |
Yes, You missed the earthquake. And Lex Luthers evil plan of buying property in Arizona and Utah has happened because he owns all the new beach front property. He will now take his ill gotten profits for destroying the west coast and buy ALL plastic wargame figure companies And charge more than GW does now! Bwwaaaa! We have all fallen for the evil plan. Where is Superman to save us? Stay tuned I am sure some will post a new letter about how one side is in league with lucfer! |
link hunter 99 | 01 Apr 2011 1:59 p.m. PST |
I cant comment. Last time I commented I was accused of being Lonnie Mullins or some other (N)WF sock puppet. My account was created "around he time WF started getting into trouble", apparently. Which is about all the proof you need around these parts to start a witch hunt. For $250,000 you can hire any number of witches, or Hunters. |
BlackWidowPilot  | 01 Apr 2011 2:10 p.m. PST |
"Which is about all the proof you need around these parts to start a witch hunt. For $250,000 you can hire any number of witches, or Hunters." Excuse me? TMP's terms of use mandate a proper investigation into such accusations, and we all damn well know it:
YouTube link
Yes, I am wise in the ways of science.
Leland R. Erickson
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okeir42 | 01 Apr 2011 6:03 p.m. PST |
Gentlehobbits, Mr. Wai's letter is not particularly lawyerish in nature. Nor does there seem to overmuch empathy around here for how a person might have felt upon being characterized – as Mr. Wai was over many months – in the manner that he was. FreddBloggs seems to have the best grip on what happened here from a purely business perspective. It's clear that Mr. Wai's company was not paid and it appears equally clear that disabled workers were also left unpaid (and I well remember the early pronouncements from WF about how they were utilizing such labour). Now I read, above, apparently from the same camp, a suggestion that Mr. Wai's company was deliberately producing substandard product, and this presumably to effect a takeover of WF? Jasus wept! As far as equating good fellows with anything else, on what planet is there a necessary relationship between good fellowship and morality? When I was younger my buddies and I used to bang about with a good fellow who had the apt nickname of "The Sloth". Whenever the boys used to talk of him it was always said "A promise made, a debt unpaid." And God help the women who fell into his clutches. It's our deeds that we are remembered by, not our words. JMHO |
BlackWidowPilot  | 01 Apr 2011 7:31 p.m. PST |
"It's our deeds that we are remembered by, not our words. " True that, but then again, what does that say about Dickens, Chaucer, Shakespeare, Voltaire, Decarte, Puskin, Gorky, Twain, Faulkner
?
Leland R. Erickson
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David Manley  | 01 Apr 2011 7:42 p.m. PST |
"True that, but then again, what does that say about Dickens, Chaucer, Shakespeare, Voltaire, Decarte, Puskin, Gorky, Twain, Faulkner
?" Ah, but their deeds were their words :) |
BlackWidowPilot  | 01 Apr 2011 8:48 p.m. PST |
As was Ramesis II's monument to his "victory" over the Hittites at Kadesh, but who's counting? There are words, and then there are *words.* Like all things in the universe, context is everything, Squire Manley. Leland R. Erickson
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Valendir | 02 Apr 2011 1:36 p.m. PST |
To be honest, for anyone who knows a bit about doing business with China, this is not surprising. Look at Alkemy and Rackham, they both decided to work with China, they both went bankrupt, thanks to the problems with their chinese producers (flaws in quality, shipping the wrong items, delays in production, and so on
) This is unfortunately very common when you are working with China. When i read tony's account, it sounds very familiar. His big mistake was to continue dealing with Wai Kee Hui. |
General Disaster | 02 Apr 2011 3:43 p.m. PST |
His big mistake was to continue dealing with Wai Kee Hui. His big mistake was running up such a large debt and not having the money to pay for it. If he was short of money he should have borrowed it from a reputable source or better still waited until he had got the money back from the first release before expanding the range. |
Gattamalata | 02 Apr 2011 4:28 p.m. PST |
Look at Alkemy and Rackham, they both decided to work with China, they both went bankrupt, thanks to the problems with their chinese producers (flaws in quality, shipping the wrong items, delays in production, and so on
) Don't know about Alkemy, but Rackham's problems were rampant long before the switch to Pre-Painted Plastic production in China. Any possible overseas problems merely put it out of its misery.  |
Wolfprophet | 02 Apr 2011 10:51 p.m. PST |
I declare
.. In my own terms
. Who gives a damn? As long as they don't sink the company, listen to our outrageous demands(Yes, we all make some outrageous demands. Accept and love yourself for it. DO EET NAO.) and satisfy us with shiny new plastics for a reasonable price(A workshop by any other name wouldn't price as high
.), mulling over every little thing in that unnecessarily long is utterly pointless. |
GNREP8 | 03 Apr 2011 9:44 a.m. PST |
To be honest, for anyone who knows a bit about doing business with China, this is not surprising. -------------------------------------------------------------- an awful lot of the non food items in my local supermarket are made in China so I don't think that can be implied that there are always problems oherwise presaumably a co. liek Tesco would not use them – most of the world microwaves etc are made in China – I think the issue is (esp with conceptual/design stuff) who you use to deal with them and to explain things – like the problem with I think I-kore where all the models came back in 3up size cos it hadn;t been made clear in the spec what size they were to be in! |
(Nameo Falso) | 04 Apr 2011 3:15 p.m. PST |
Has Charlie Sheen confirmed his interest in the movie treatment of this? |
Kristof65 | 05 Apr 2011 3:24 p.m. PST |
I myself wonder how much of that $250k debt is being attributed to molds Ghost Studio agreed to pay for in the first place? Do a little research, and you'll see dozens of Chinese companies – including Wai Kee's – who are willing to pay for the molds themselves to get your business. After all, if they own the molds, they're locking you into buying from them. They're gambling you'll sell enough, and buy enough from them to pay back their investment in the molds. So if that's the case, is it really fair to attribute that entire debt to WF? I'm sure the accountants will tell you yes, but I'm not so sure. It kind of stinks of a girl telling her ex-fiance he owes her parents money for what they spent on the wedding she cancelled. If he was a cheating b-tard, then yeah, maybe so. But if she just got cold feet, or had eyes for another guy
Anyway, at this point, I'm waiting to see what six months to a year brings us and what sorts of products Defiance and WF are bringing us then – that will be the most telling of who was "right" and who was "wrong". |
GNREP8 | 06 Apr 2011 3:12 p.m. PST |
If he was a cheating b-tard, then yeah, maybe so. ------------------------------------------------------------- don't think theres any maybe so about it! |
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