Coleman's house was appraised at a value of approximately $650,000. This means directly that royalties were not paid on those materials either.Įven after the real estate collapse, Mr. This comes from Coleman selling things for cash and then simply pocketing the money rather than reporting it as corporate income. Coleman directed his book keeper to leave foreign royalties unreported on the grounds that Topps "didn't care about them anyway."Īlso during this period, the reported income from conventions and direct sales has mysteriously fallen from nearly forty thousand dollars a year to less than six. However, in this case it is directly demonstrable that malicious intent was held - in that Mr. This is a continuation of a practice engaged in by FASA where the foreign royalties would simply be lost and not distributed. Coleman and he has voluntarily declined to ship the royalties up the chain to Topps. These companies have turned royalties in to Mr. This construction project was paid for not only out of his own pocket, but also by contractors that were billed directly to the corporation as freelancers.ĭuring this period, IMR has been subcontracting for books to be translated and published in German, French, and Japanese with Pegasus, Black Book Editions, and ArcLight respectively. While doing so, he has had a mansion built for himself in a gated community in Snohomish, Washington. Coleman has been making more and more unauthorized draws on the corporate accounts. Coleman unilaterally transferring ownership of other people's stock.
There are approximately 16 minority shareholders, a tally which is in no small part "approximate" because there have been at least two pieces of shadiness involving Mr. Coleman (the Battletech author, not the Cryptozoologist), is the majority shareholder of InMediaRes LLC.
Here's the short version of the Shadowrun Situation:
0 kommentar(er)
