Earlier this morning someone shared a list of the creditors that are owed money by Damian Hartin (sole director) failed pinball venture Haggis Pinball on Pinside. Let's take a look at the numbers.
First, let's first take a look at how much is owed to Haggis' three distributors. I believe that the official distros for Haggis were Flip N Out Pinball for the U.S. Market, Nitro Pinball for the Canadian Market and RS-Pinball / Pinball Heaven for Europe. All three are owed a total of $259,000 by Haggis, an average of $86,333 each, though I'm sure that some are owned more than others.
The spreadsheet also says that 86 "Individuals" are owed a massive total of $846,349 by Haggis. I assume that these individuals are people who either paid in full or paid deposits for games that they never received. That comes out to an average of $9,841 per person, so it sounds logical that those are people who lost money on games. I personally know several people who lost money in this ordeal.
Others who have dug into the data more deeply believe that the above Individual number consists of over 30 people who paid in full for Fathoms and never received them, 8 people paid in full for Centaurs and a bunch of people who lost deposits or were Haggis "Season Ticket Holders." That's a lot of cash to suck out of the hobby that could have gone to other manufacturers and games.
The licensor who gave Haggis the rights to remake Bally Williams pinball machines, Planetary Pinball, is owed $56,729.28.
Lastly, besides a bunch of banks, credit card companies, four former employees and miscellaneous items, Damian claims that he personally and one of his other business entities, Hartsco, are owed a total of $1,010,060.32 by Haggis Pinball.
Even though Haggis was a separate business entity from the people who were running it, apparently according to Australian law, Civil Penalties up to $200,000 AUD and even possible criminal charges can be brought against the company's Directors "if dishonesty is found to be a factor in insolvent trading" (see below). It remains to be seen what happens in this regard.
The pinball YouTuber Cary Hardy is working on a documentary on what happened with Haggis and the fallout. I'm sure that much more information about the Haggis debacle will come to light in the coming months. Below is a teaser trailer for the documentary:
Source:
tell cary i'll play a character if he shoots it shot for shot in some re-enactments 😂
Was Damian actually drawing a significant salary while his company was on fire?