BadLand gives official statement on situation surrounding Axiom Verge’s Wii U physical release
After a lengthy wait, Axiom Verge will finally be receiving its physical version on Wii U, courtesy of Limited Run Games. However, it’s not without some controversy. Limited Run Games and BadLand have been involved in a legal battle. Lawsuits are taking place.
Based on the information that has surfaced since last week, BadLand has now issued a statement of its own. We have it in full below.
As a result of the latest unchecked, non-contrasted news published and related to the sale of the Axiom Verge videogame, BadLand Publishing has been immersed in a succession of news stories that, without being related to the company, are damaging its image. It is for this reason that Luis Quintans and, by allusions, BadLand Publishing want to clarify that:
Neither Badland Games nor Luis Quintans have NEVER made any kind of profit from the sale of the game Axiom Verge.
Due to the commercial situation of the company Badland Games, motivated by the impossibility of financing due to the restrictive attitude of the financial market, last October 2018, goes into bankruptcy due to lack of liquidity.
As there were not enough assets to meet the claims against the bankrupt estate, the company’s registration sheet was concluded, extinguished and closed. This entailed the absorption by the creditors of any possible profit or income derived from the sales or products belonging to or generated by Badland Games.
Both Badland Games and Luis Quintans have recognized at all times the existing debt with Limited Run Games and Tom Happ Games. They have repeatedly contacted them, attempting to resolve the debt, taking the initiative to reach out-of-court payment agreements to which either no response has ever been received or which were never accepted. The only answer is the filing of a lawsuit in the United States in which no execution took place in Spain.
It is suspected that all this is part of a defamation campaign that seeks to promote third parties to the detriment of our interests, something that is evident if we take into account the suspicious closeness with the launch of the title.
Badland Publishing also has a different administrator and shareholder structure from Badland Games. Luis Quintans is just another employee at Badland Publishing.
Finally, we would like to thank the patience shown by all media who have maintained a neutral and purely informative position on the matter.
Source: BadLand Publishing PR