Post by DarkConvoy on Mar 2, 2005 9:31:19 GMT -5
I guess Fame does cost. Here's a list of how much Pat Lee owes to People. I myself think that Alex Milne guy was overpaid for the mess he put out in Energon but that's just me . and 141 thousand to his folks right. And maybe he should have gotten a Kia huh. Ten Yr Warranty
www.comicbookresources.com/columns/?column=13
HANDFUL OF DUST
With such scurrilous rumourmongers like myself, it's good to see at least one comics magazine doing some decent journalism, interviewing Pat Lee about the fall of Dreamwave without mentioning Dream Engine, McDonough, Patyk or the variety of deceptions the company undertook. Looks like Lying In The Gutters could learn a lot.
Sadly all we're left with is the list of creditors, with a little identification of the debt where instantly known.
DREAMWAVE PRODUCTIONS OF THE TOWN OF MARKHAM, IN REGIONAL MUNICIPALITY OF YORK, IN PROVINCE OF ONTARIO
Mailing List Creators What? Contingent
1 ADAM PATYK $18,400.00 $18,400.00 TF Writer
2 JAMES MCDONOUGH unknown
3 JAMES MCDONOUGH $26,286.00 $26,286.00 TF Writer
Secured
4 BMW GROUP FINANCIAL SERVICES CANADA $56,000.00 Roger's BMW Z3
5 BMW GROUP FINANCIAL SERVICES CANADA $58,000.00 Roger's BMW X5
6 IMAGE FINANCIAL SERVICES INC. $10,294.00
7 NATIONAL LEASING CORPORATION unknown Equipment
8 NORTHSTAR LEASING CORPORATION unknown Equipment Leasing
9 STEELCASE FINANCIAL SERVICES LTD. unknown Office
Furniture Lease
10 TEDDY AND ANNE LEE $141,000.00 Pat & Roger's parents
11 TELETECH FINANCIAL CORPORATION unknown
Unsecured
12 407ETR $60.00 Toll Highway
13 ALAN WANG $13,733.00 $13,733.00
14 ALEX MILNE $4,330.00 $4,330.00
15 ANTHONY WASHINGTON $343.00 $343.00
16 BELL CANADA $730.00 Telephone
17 BELL CANADA $963.00 Telephone
18 BELL CANADA $1,077.00 Telephone
19 BENJAMIN LEE $6,720.00 $6,720.00
20 BRIAN AUGUSTYN $1,324.00 $1,324.00
21 C & C OFFSET PRINTING CO. (NY) INC. $24,679.00 Printing
22 CANADA REVENUE AGENCY $6,300.00 Canada Tax Office
23 CANADA REVENUE AGENCY unknown Canada Tax Office
24 CANON CANADA INC $70.00 Photocopier
25 CITICAPITAL TECHNOLOGY FINANCE LTD $662.00 (this place shares the same address with #11 Teletech Financial. It could be the body in charge of their asset clearance).
26 DIAMOND COMIC DISTRIBUTOR unknown
27 DON FIGUEROA $15,435.00 $15,435.00
28 EDWIN GARCIA $2,375.00 $2,375.00
29 ELAINE TO $20,501.00 $20,501.00
30 ERIC MICHAEL BURNS $478.00 $478.00
31 ERIK SANDER $2,059.00 $2,059.00
32 ESPEN GRUNDETJERN $6,375.00 $6,375.00
33 FEDEX $5,983.00 Shipping
34 FERD POBLETE $6,010.00 $6,010.00
35 GUIDO GUIDI $2,716.00 $2,716.00
36 GWL REALTY $36,608.00 Office Rent
37 HASBRO, INC. $494,442.00 TF Royalty
38 HEENAN BLAIKIE LLP $1,663.00 Lawyer
39 IMAGE FINANCIAL SERVICES INC. unknown
40 JEREMY TIONGSON $10,096.00 $10,096.00
41 JOE NG $2,114.00 $2,114.00
42 JOEL BENJAMIN $3,678.00 $3,678.00
43 JOHN NEY RIEBER $1,550.00 $1,550.00
44 JOHNATHAN HO $444.00 $444.00
45 JOSHUA PEREZ $1,642.00 $1,642.00
46 JUSTINO DAVID PENA $2,206.00 $2,206.00
47 KE JIANG $630.00 $630.00
48 LIN JIAN LONG $161.00 $161.00
49 MARCELO MATERE $4,045.00 $4,045.00
50 MATT HANSEN $658.00 $658.00
51 MILLER THOMAS LLP $1,787.00 Lawyer
52 MORGAN THOMAS $8,753.00 $8,753.00
53 MOST MANAGEMENT (CAPCOM) $9,195.00 Capcom Royalty
54 MTS ALLSTREAM INC $3,514.00 Long Distance Carrier
55 PATRICK BUENDIA $555.00 $555.00
56 PAYMENTECH CANADA $75.00 Credit Merchant Services
57 PITNEY BOWES $85.00 Office Appliance
58 QUEBECOR WORLD LEBONFON $4,685.00 Printing
59 QUEBECOR WORLD MONTREAL MAGOG $243,917.00 Printing
60 REED EXHIBITIONS $3,345.00 Trade Show
61 REGENT PUBLISHING SERVICES LIMITED $1,742.00
62 RICH YOUNG $16,412.00 $16,412.00
63 ROBERT ARMSTRONG $420.00 $420.00
64 ROBERT RUFFOLO $805.00 $805.00
65 ROMULO ADALBERTO SOARES DA SILVA $3,237.00 $3,237.00
66 SHELDON LAZAROVITZ unknown unknown
67 SIGMOND TORRE $600.00 $600.00
68 SIMON FURMAN $16,674.00 $16,674.00
69 STAR CHOICE $128.00 Satellite TV
70 STUART NG $956.00 $956.00
71 SUSAN LOU $3,953.00 $3,953.00
72 TALENT PUN $1,800.00 $1,800.00
73 TELLUS MOBILITY $655.00 Cel phone
74 UPS unknown Shipping
75 VMC GROUP $1,154.00 Marketing services (Trade Show Booth)
76 WEB OFFSET PUBLICATIONS LIMITED $38,947.00 Printing
77 WINTERBELL $4,520.00 $4,520.00
78 XL LABORATORIES INC $3,284.00 (Associated with poster printing)
79 YVONNE POON $210.00 $210.00
Number of creditors printed = 79
Total $1,364,248.00 $213,204.00
One very different aspect comparing the fall of CrossGen and DreamWave, was that with CrossGen they owed a lot more, but the money was mostly to corporations. With Dreamwave, a much greater percentage, over a quarter of a million, is owed to creators.
And look how much Hasbro are owed... whatever deal the new Transformers publisher has with Hasbro may include some recoupment of this loss, in exchange for the existing Diamond orders.
We mentioned the Lee's parents as a secured creditor, and the apparent circumstances behind those last week. But just how did all those cars end up being listed as "secured?"
www.comicbookresources.com/columns/?column=13
HANDFUL OF DUST
With such scurrilous rumourmongers like myself, it's good to see at least one comics magazine doing some decent journalism, interviewing Pat Lee about the fall of Dreamwave without mentioning Dream Engine, McDonough, Patyk or the variety of deceptions the company undertook. Looks like Lying In The Gutters could learn a lot.
Sadly all we're left with is the list of creditors, with a little identification of the debt where instantly known.
DREAMWAVE PRODUCTIONS OF THE TOWN OF MARKHAM, IN REGIONAL MUNICIPALITY OF YORK, IN PROVINCE OF ONTARIO
Mailing List Creators What? Contingent
1 ADAM PATYK $18,400.00 $18,400.00 TF Writer
2 JAMES MCDONOUGH unknown
3 JAMES MCDONOUGH $26,286.00 $26,286.00 TF Writer
Secured
4 BMW GROUP FINANCIAL SERVICES CANADA $56,000.00 Roger's BMW Z3
5 BMW GROUP FINANCIAL SERVICES CANADA $58,000.00 Roger's BMW X5
6 IMAGE FINANCIAL SERVICES INC. $10,294.00
7 NATIONAL LEASING CORPORATION unknown Equipment
8 NORTHSTAR LEASING CORPORATION unknown Equipment Leasing
9 STEELCASE FINANCIAL SERVICES LTD. unknown Office
Furniture Lease
10 TEDDY AND ANNE LEE $141,000.00 Pat & Roger's parents
11 TELETECH FINANCIAL CORPORATION unknown
Unsecured
12 407ETR $60.00 Toll Highway
13 ALAN WANG $13,733.00 $13,733.00
14 ALEX MILNE $4,330.00 $4,330.00
15 ANTHONY WASHINGTON $343.00 $343.00
16 BELL CANADA $730.00 Telephone
17 BELL CANADA $963.00 Telephone
18 BELL CANADA $1,077.00 Telephone
19 BENJAMIN LEE $6,720.00 $6,720.00
20 BRIAN AUGUSTYN $1,324.00 $1,324.00
21 C & C OFFSET PRINTING CO. (NY) INC. $24,679.00 Printing
22 CANADA REVENUE AGENCY $6,300.00 Canada Tax Office
23 CANADA REVENUE AGENCY unknown Canada Tax Office
24 CANON CANADA INC $70.00 Photocopier
25 CITICAPITAL TECHNOLOGY FINANCE LTD $662.00 (this place shares the same address with #11 Teletech Financial. It could be the body in charge of their asset clearance).
26 DIAMOND COMIC DISTRIBUTOR unknown
27 DON FIGUEROA $15,435.00 $15,435.00
28 EDWIN GARCIA $2,375.00 $2,375.00
29 ELAINE TO $20,501.00 $20,501.00
30 ERIC MICHAEL BURNS $478.00 $478.00
31 ERIK SANDER $2,059.00 $2,059.00
32 ESPEN GRUNDETJERN $6,375.00 $6,375.00
33 FEDEX $5,983.00 Shipping
34 FERD POBLETE $6,010.00 $6,010.00
35 GUIDO GUIDI $2,716.00 $2,716.00
36 GWL REALTY $36,608.00 Office Rent
37 HASBRO, INC. $494,442.00 TF Royalty
38 HEENAN BLAIKIE LLP $1,663.00 Lawyer
39 IMAGE FINANCIAL SERVICES INC. unknown
40 JEREMY TIONGSON $10,096.00 $10,096.00
41 JOE NG $2,114.00 $2,114.00
42 JOEL BENJAMIN $3,678.00 $3,678.00
43 JOHN NEY RIEBER $1,550.00 $1,550.00
44 JOHNATHAN HO $444.00 $444.00
45 JOSHUA PEREZ $1,642.00 $1,642.00
46 JUSTINO DAVID PENA $2,206.00 $2,206.00
47 KE JIANG $630.00 $630.00
48 LIN JIAN LONG $161.00 $161.00
49 MARCELO MATERE $4,045.00 $4,045.00
50 MATT HANSEN $658.00 $658.00
51 MILLER THOMAS LLP $1,787.00 Lawyer
52 MORGAN THOMAS $8,753.00 $8,753.00
53 MOST MANAGEMENT (CAPCOM) $9,195.00 Capcom Royalty
54 MTS ALLSTREAM INC $3,514.00 Long Distance Carrier
55 PATRICK BUENDIA $555.00 $555.00
56 PAYMENTECH CANADA $75.00 Credit Merchant Services
57 PITNEY BOWES $85.00 Office Appliance
58 QUEBECOR WORLD LEBONFON $4,685.00 Printing
59 QUEBECOR WORLD MONTREAL MAGOG $243,917.00 Printing
60 REED EXHIBITIONS $3,345.00 Trade Show
61 REGENT PUBLISHING SERVICES LIMITED $1,742.00
62 RICH YOUNG $16,412.00 $16,412.00
63 ROBERT ARMSTRONG $420.00 $420.00
64 ROBERT RUFFOLO $805.00 $805.00
65 ROMULO ADALBERTO SOARES DA SILVA $3,237.00 $3,237.00
66 SHELDON LAZAROVITZ unknown unknown
67 SIGMOND TORRE $600.00 $600.00
68 SIMON FURMAN $16,674.00 $16,674.00
69 STAR CHOICE $128.00 Satellite TV
70 STUART NG $956.00 $956.00
71 SUSAN LOU $3,953.00 $3,953.00
72 TALENT PUN $1,800.00 $1,800.00
73 TELLUS MOBILITY $655.00 Cel phone
74 UPS unknown Shipping
75 VMC GROUP $1,154.00 Marketing services (Trade Show Booth)
76 WEB OFFSET PUBLICATIONS LIMITED $38,947.00 Printing
77 WINTERBELL $4,520.00 $4,520.00
78 XL LABORATORIES INC $3,284.00 (Associated with poster printing)
79 YVONNE POON $210.00 $210.00
Number of creditors printed = 79
Total $1,364,248.00 $213,204.00
One very different aspect comparing the fall of CrossGen and DreamWave, was that with CrossGen they owed a lot more, but the money was mostly to corporations. With Dreamwave, a much greater percentage, over a quarter of a million, is owed to creators.
And look how much Hasbro are owed... whatever deal the new Transformers publisher has with Hasbro may include some recoupment of this loss, in exchange for the existing Diamond orders.
We mentioned the Lee's parents as a secured creditor, and the apparent circumstances behind those last week. But just how did all those cars end up being listed as "secured?"