At the time of negotiation, was there ever any doubt as to whether SouthPeak would honor these debts?
Not at all. But then we weren’t really involved in the negotiation. The only people we knew who knew SP were our PR firm, Sandbox, who told us they were generally good guys who paid their bills. So this is what we told our employees and vendors. I have since learned that this has never been the case with any company run by Terry Phillips. What is your response to allegations that SouthPeak has placed the blame for delayed payment on Gamecock’s management? Any time I was made aware of the vague allegations these guys would make in their standard strong-arming of these people, I would let SP management know, as well as our lawyers and theirs. I gave them a ‘final warning’ in March, and never heard back, but also never heard of anymore such allegations, at least not in writing. It wasn’t until E3 that we found out from industry friends the extent to which they had verbally thrown us under the bus, encouraging people to believe we had indeed ‘cashed out and ran’, which of course angered us
