So un-Tiki Central like... (Primo Rocks) - General Tiki

PK Primo Kimo Tiki Socialite Vermont Joined: Jul 08, 2003 Posts: 324	PK Primo Kimo Posted posted on Wed, Nov 23, 2005 11:10 AM Let's end the suspense... it's me. I had a dream, a tiki dream and I followed through with it: http://www.tikicentral.com/viewtopic.php?topic=8467&forum=1&hilite=kahiki%20moon. With the backing of some substantial loot I entered into agreements with many artists and craftsmen most if not all were contacted through Tiki Central. I never asked for anything for free. Many people helped me and many people were paid with many thousands of dollars spread around to the TC community all in extreme earnest. Then the end came, with a call from the main financier financing was pulled out at approx 11:00am on March 27 (Easter Sunday) and two accounts remain unpaid to this day. With no money left in the coffers and many bills due the Corp. filed for bankruptcy. During the course of this process the trustee will pay accounts off to the tune of 5 cents on the dollar. Because of the bond formed by the TC community these fine folks will be paid in full by me. It it obvious to me that both of they gave ME a good deal. After such a financial and emotional hit these artists have also seemed to be willing to stay the course and wait until I had a stable enough financial footing to pay them back. I don't particularly enjoy discussing this in public but I am guilty of not getting back to Scott in a timely fashion, which is the least I should do. Also, I would like to point out the rub in this whole situation. The painting sit in their original shipping container because they were never paid for and I didn't feel comfortable hanging them until they were paid in full. I had offered to return them to Scott several times but at the time he did not want to deal with reselling them and wanted cash only. Once the bankruptcy was filed these painting along with other assets must remain in corporate possession until the resolution. I am pretty sure this is not a case of: The snakes are always crawling about the Tiki Jungle or rip-off artists or rotten pineapples, unlimited human ability to justify one's unethical actions, etc. but maybe I am just a scumbag. Aloha.

Let's end the suspense... it's me. I had a dream, a tiki dream and I followed through with it: http://www.tikicentral.com/viewtopic.php?topic=8467&forum=1&hilite=kahiki%20moon. With the backing of some substantial loot I entered into agreements with many artists and craftsmen most if not all were contacted through Tiki Central. I never asked for anything for free. Many people helped me and many people were paid with many thousands of dollars spread around to the TC community all in extreme earnest. Then the end came, with a call from the main financier financing was pulled out at approx 11:00am on March 27 (Easter Sunday) and two accounts remain unpaid to this day. With no money left in the coffers and many bills due the Corp. filed for bankruptcy. During the course of this process the trustee will pay accounts off to the tune of 5 cents on the dollar.

Because of the bond formed by the TC community these fine folks will be paid in full by me. It it obvious to me that both of they gave ME a good deal. After such a financial and emotional hit these artists have also seemed to be willing to stay the course and wait until I had a stable enough financial footing to pay them back. I don't particularly enjoy discussing this in public but I am guilty of not getting back to Scott in a timely fashion, which is the least I should do.

Also, I would like to point out the rub in this whole situation. The painting sit in their original shipping container because they were never paid for and I didn't feel comfortable hanging them until they were paid in full. I had offered to return them to Scott several times but at the time he did not want to deal with reselling them and wanted cash only. Once the bankruptcy was filed these painting along with other assets must remain in corporate possession until the resolution.

I am pretty sure this is not a case of: The snakes are always crawling about the Tiki Jungle or rip-off artists or rotten pineapples, unlimited human ability to justify one's unethical actions, etc. but maybe I am just a scumbag.

Aloha.

Post #199710 by Primo Kimo on Wed, Nov 23, 2005 11:10 AM