July 10

NEWS : DUTCH PINBALL JULY UPDATE : JAAP SERIOUSLY ILL AND LEAVING THE COMPANY, JUDGE RULED IN FAVOR OF ARA

Dutch Pinball new shit

It has been a while since our last update, for which I apologize. There have been a lot of things going on. I will try to address everything in this update below.

First of all, I’d like to address the health of my colleague and dear friend Jaap. As you all know, last year Jaap was diagnosed with, treated for, and then cured of cancer. Unfortunately, a couple of months ago, a new scan showed the disease was back. The new scan showed multiple metastases, and the doctors indicated there is nothing they can do at this point. I won’t go into all the details, but you will understand I was, and still am, devastated by this news. I really can’t describe how much this sucks.

Following this awful news, Jaap and I discussed what we would do with Dutch Pinball and his involvement as an associate. We decided that it would be in Jaap’s best interest to step away from the company to avoid a complicated situation in the future. The paperwork for this was taken care of last month, and now Jaap is no longer (officially) involved with Dutch Pinball.

I know you are all waiting to hear the verdict of the court case with ARA. Unfortunately, the judge ruled in favor of ARA… Now, I can go on and on with details why the judge decided this and how much this sucks, etc… But right now, this is what it is, and besides going in appeal against this ruling, we can’t do anything about it. I have discussed all the details with my attorney and the time it would take to go into appeal. He told me it could easily take another year(!). […] Waiting another year after all this time is really too much for me right now. After all things that have happened and also the terrible news about Jaap made me decide to try something else to figure out this debacle… So once again I’ve tried to come up with a solution to settle things with ARA and finally get this over with. I contacted the person involved directly – without attorneys – and after a long discussion and some negotiations we have – for the first time in years – reached an agreement!

As you will all agree, this is great news. But there are still some things to take care of before we are completely out of the woods. The settlement we agreed upon means that we have to pay off ARA, and in return we will receive everything Dutch Pinball related that ARA has stored in their warehouse: A number of finished and unfinished games and the complete inventory of parts. Besides that, the court case will be voided and this means there will be no more legal issues that prevent us from continuing our business and start building games again; first The Big Lebowski™ Pinball of course, and hopefully many more beautiful games in the future!

One of the most important things to make Dutch Pinball a viable business again is liquidity. The only way to get things moving again, is to deliver Early Achiever games parallel to selling new games to customers. I know this means you still have to wait a bit longer, but it also means that – against all odds – you will receive your game. Along with my accountants I am working on a prognosis/forecast how long it will take to do this and our first calculations are very positive. At this point I can’t give the exact planning yet, but as soon as I do, I will communicate this. I understand this is not the most ideal solution for EA’s, but otherwise Dutch Pinball would most certainly go bankrupt, which would inevitably have resulted in nobody getting a game.

From now on I will send out updates more regularly. I really am very sorry for the lack of updates the last couple of months. I hope with what you have read above, that you have a little bit more understanding for this.

Thanks for the continuing support and for your incredible patience.

Barry