Jaydogrules

People are complaining about a modern, non variant that sells for $2200+? -J. PS: Walking Dead is still Image's top selling comic book title by far and will, according to Kirkman, continue for years after the show ultimately does end. I remember when little details like that are what drove interest in comic book back issues.

Damn dude.... -J.

Looks like the Pilot was not picked up after all: https://www.google.com/amp/comicbook.com/tv-shows/amp/2018/05/12/tremors-television-show-fans-launch-petition/ -J.

Dude whatever the overall failure rate of all businesses is, is irrelevant. You seem to think dabbling in minutiae somehow changes the reality of what happened. Perhaps you should take your cheerleading and desperate attempts at rationalization over to the Voldy boards. Oh wait, nobody posts over there. Fact is, Voldy failed. Deal with it or don't. I don't care because, thankfully, I never bought any of their horrible, cut rate, tamper-susceptible slabs. -J. PS: Oh yeah, and this from Forbes: https://www.google.com/amp/s/www.forbes.com/sites/ericwagner/2013/09/12/five-reasons-8-out-of-10-businesses-fail/amp/ (I wonder if anybody at Voldy even bothered to read any articles like this beforehand)

I did not ignore jaybuck's pieces of information. I did however disgree with what I believe to be his unjustified rosy interpretation of events. Something like 90% of start ups fail in the first three years of operation. There has been absolutely nothing to show that Voldy was succeeding. Their market share is negligible, barely higher than PGX, which operates with a fraction of the overhead. Voldy's problem was that it wanted to enter the marketplace projecting the facade that it was as large and therefore credible as CGC. It came into it with too many "investors", and too much overhead in order create that illusion. Rather than EARNING that credibility, they tried to buy it. They cut sweetheart deals with as many large scale dealers as possible in order to get as many books into their slabs upfront to get their name "out there". I suspect that this lawsuit filed by Metro has something to do with that. I also suspect part of the reason Voldy went belly up was to get out of those pre existing contracts. Unfortunately, if you are trying to run a company that "looks" as big as CGC, but only operating on ~5% of the revenues, yes you will fail, and you will fail quickly. Seriously, this isn't rocket science and I know I'm not saying anything that most people don't already know. They just don't want anybody to talk about it because they feel it will (further) devalue their Voldy slabs. Which it may or may not. Of course if they were really worried about that they could just send their books to CGC, or better yet, crack them out and enjoy them in a Mylar and full back. -J.

Marvel's books were never made public either when they sold off all of their characters' rights, and yet it is still somehow generally accepted fact that they were on the verge of bankruptcy. -J.

Never once did I say that bankruptcy was the "only" time an asset sale occurs. I said that the term is used in a bankruptcy proceedings, as is "insolvency". And I cited relevant federal law showing such. Insolvency precedes a bankruptcy. An "asset sale" to cure an insolvency can occur with or without a bankruptcy proceeding being commenced however (which is what Marvel did when it is common knowledge they were on the brink of bankruptcy). -J.

Close. Marvel WAS nearly bankrupt when it sold off its marquee characters' rights in the past. It was an "asset sale" to remedy their "insolvency". Unfortunately for Voldy, with a barely there market share and hardly any track record, there could be no coming back. Enter, Beckett to pick up the crumbs to see what they could salvage. Their best bet moving forward would be to completely scrap the "Voldy" name, create some distance between them and the numerous management and administrative mis-steps that caused the company to fail, and re-brand and learn from the mistakes from the past. -J.

No. It was just jaybuck stating his opinion and interpretation. Which he is free to do. As I am free to disagree. I know a failed company when I see one. However that failure was occasioned is actually irrelevant in the grand scheme of things. And since you don't know what I actually do for a living I suggest you stand down. -J.

I've already responded to jaybuck's opinions on the matter and refuted where appropriate. Maybe try formulating some of your own opinions and actually backing them up with something more than "because I say so". But oh wait, you dont do that. -J.

https://business-finance-restructuring.weil.com/professionals/can-you-keep-a-secret-can-the-bankruptcy-court-bankruptcy-courts-must-adequately-demonstrate-the-basis-for-sealing-proceedings-from-the-public-media/ -J.

Bingo! My "most insufferable know-it-all boardie" bingo card is finally complete. I knew you wouldn't let me down Vintage. :) -J.

The 9.6 in the Heritage auction also broke $13k: https://comics.ha.com/itm/bronze-age-1970-1979-/the-incredible-hulk-181-marvel-1974-cgc-nm-96-white-pages/a/7187-92391.s?ic4=GalleryView-Thumbnail-071515 -J.

Ok! -J.

What you're describing is ONE possible scenario- the most favourable one, naturally. But you've missed a few beats- It's possible metro had not yet realized any actual damages at the time Voldy became insolvent and went bankrupt. And if Voldy's insolvency was resolved though the sale to Beckett on the down low then Metro would have been screwed from the beginning (which is what this suit appears to be about). -J.

I'm not so sure about that. And again, if your best case scenario is Voldy sold to Beckett to resolve its insolvency, or they did it through a bankruptcy, it's essentially a distinction without a difference. -J.

I've already said I don't know that. Nor could I if the proceedings were sealed. And again, it doesn't take Sherlock Holmes to follow the bread crumbs that I have already specified to the most likely conclusion. -J.

Yes if there was an "asset sale" through a bankruptcy, the company would certainly be completely insolvent. Do you agree that insolvency is almost always a precursor to bankruptcy? Do you agree that Beckett is unlikely to have paid top dollar for a company that was insolvent? Do you agree that, even if under the most favourable outcome Voldy was teetering on bankruptcy if it was not in fact bankrupt? Do you agree that Voldy/Beckett not being able to honour even a $15k contract is not indicative of a successful company? Would you continue to buy the slabs from a company under either scenario? -J.

"Completely wrong" based on your interpretation? Got it. I disagree. The insolvency of the company is also referenced in the complaint. You forgot to mention that part. Bankrupt. -J.

Hmmm let's see, in building off the publicly filed complaint by Metro that was linked by the OP at the beginning of this thread, which specifically used legal terminology associated with bankrupt businesses like Voldy, (such as "asset sale" as opposed to a "sale of assets") I first linked this which explained what an "asset sale" is: https://www.inforuptcy.com/articles/363-bankruptcy-asset-sales-overview ...and then linked another article explaining that yes, business bankruptcies can be sealed from the public: https://business-finance-restructuring.weil.com/professionals/can-you-keep-a-secret-can-the-bankruptcy-court-bankruptcy-courts-must-adequately-demonstrate-the-basis-for-sealing-proceedings-from-the-public-media/ Can't be much more on point than that. I wish I could give you more than one slot on the bingo card for all your various shill accounts you post under but that wouldn't be fair to the others. Hope you enjoy owning your slabs from a bankrupt, insolvent company. :) -J.

"Misinformation" according to your secrets ? Sheesh. Yes the complete and total collapse of Voldy into insolvency didn't actually happen. Got it. -J.

Ah okay. You know secrets that you can't tell (that also happen to contradict what is in the public domain). Well that's good enough for me. -J.

Feel free to post something, anything that you believe supports your opinion (as I have), and I will be happen to respond. Otherwise, continued unsupported blanket statements will earn you an honorary spot on the bingo card. -J.

A 9.4 at $10k would strike me as being a relative bargain at this point after this 9.2 sale today. -J.

Smart man. -J.