VALIANTfans.com Message Board

greg · Last edited by greg on Thu Sep 08, 2005 11:44 am; edited 2 times in total

VALIANT SALE FINALIZED
04/27/2005
According to information that I have received today, the Valiant and Acclaim characters
have been purchased. The winning bidders are Ashok Kothari, Jason Kothari,
and Chandra Shamdasani. Though this group was not the highest bidder in the
auction on April 12, 2005, the sale was not finalized until all terms and conditions
had been agreed upon by the bidding party and the bankruptcy court.
Those terms have been finalized today, and the paperwork has been completed.
This group has expressed an interest in bringing back the Valiant characters
as they were first envisioned during the early years of the comics.

UPDATE 04/28/2005
I have been informed that the Kothari-Kothari-Shamdasani group
is definitely not VIP LLC.

cinlach@aol.com · Posted: Wed Apr 27, 2005 6:02 pm Post subject:

WHAT THE *SQUEE*?!?!

so taddeo DIDN'T end up with the characters??

*SQUEE* it...this sucks sweaty donkey nuts.
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dickybendy · Freewill keyboardbot Joined: 10 Mar 2005 Posts: 123

BWAAAAA?

daydreamscomics · Posted: Wed Apr 27, 2005 6:04 pm Post subject:

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gambit_1 · Freewill keyboardbot Joined: 22 Jan 2005 Posts: 135

Does anyone know anything about these buyers and what they have planned?

jedimarley · Evra'Ting Ire Mon. Joined: 17 Jan 2005 Posts: 14814

tssgery · Posted: Wed Apr 27, 2005 6:27 pm Post subject:

The name "Shamdasani" sounds familiar...

Dino?

Any connection?

jedimarley · Evra'Ting Ire Mon. Joined: 17 Jan 2005 Posts: 14814

Eric Jackson · Posted: Wed Apr 27, 2005 6:35 pm Post subject:

X-O HoboJoe · Posted: Wed Apr 27, 2005 6:38 pm Post subject:

Great, so now not only does he have half the Unity Reds, he's got the rights to the characters too.

Of course, if Dino is in on this somehow, then we're sure to see Magnus back in the fold in the future. Thumbs Up

Eric Jackson · Posted: Wed Apr 27, 2005 6:39 pm Post subject:

I assume the issue still remains for the copyright or trademark or whatever of the names? Or is this the valiant group?

cinlach@aol.com · Posted: Wed Apr 27, 2005 6:39 pm Post subject:

i believe these are the VIP, LLC people...

my head hurts...
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hulk181man · Posted: Wed Apr 27, 2005 6:47 pm Post subject:

I think you're correct. If this is the VIP group it actually simplifies things to a degree....

wrunow · Posted: Wed Apr 27, 2005 6:59 pm Post subject:

Let's just wait a little and see what's up, I am sure the answers will all be available in the next few days.

andrew · X-O, and 24 other letters Joined: 02 May 2004 Posts: 208

This whole ordeal makes so little sense.

COMICKINGS · Posted: Wed Apr 27, 2005 7:27 pm Post subject:

well I guess we now know why there was complete silence from Taddeo since it all went down. Can't wait to find out the background on the new owners.

dellamorte · Posted: Wed Apr 27, 2005 7:35 pm Post subject:

Ok this is starting to get interesting. Congrats to the new new owners, do us proud guys.

400yrs · Posted: Wed Apr 27, 2005 7:41 pm Post subject:

I wonder what it was that the bankruptcy courts and Taddeo couldn't agree on. I'm guessing that these people are the third party and not VIP as they are not names that I recognize from any past incarnation of Valiant. Shamdasani.......what kind of a dork would have that last name? Wink

Wonder if he'll still hook us up with Zoom Suit stuff?

Eric Jackson · Posted: Wed Apr 27, 2005 8:04 pm Post subject:

as it says in this article: http://www.newsarama.com/forums/showthread.php?s=&threadid=32538

while they were not the "highest" bidder, they still bid the same amount of 925,000.

Daniel Jackson · Posted: Wed Apr 27, 2005 8:08 pm Post subject:

Wow, this is all very strange. I thought all John had to do was wait for a few details to be worked out. What an odd turn of events.

tcolli · Posted: Wed Apr 27, 2005 8:10 pm Post subject:

What the H E L L?

Club

ckb · Posted: Wed Apr 27, 2005 9:09 pm Post subject:

Well, I hate to say it, but I do know that Dino was in NY recently.

ZephyrWasHOT!! · Posted: Wed Apr 27, 2005 9:32 pm Post subject:

Wellllllllll....I hate to say this publically, cause I like John, but...his vision of only publishing one book a year wasn't going to fly.

We'll see. Smile

whetteon · Posted: Wed Apr 27, 2005 9:34 pm Post subject:

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whetteon, noobie hunter.
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mrwoogieman · Posted: Wed Apr 27, 2005 10:10 pm Post subject:

Maybe the fact that VIP had applications in for the trademarks was a tipping factor?....