I owned a very large preplayed movie and game distribution business located in Dallas, TX. I set up the game buy back/trade in programs for Babbages, Toys R Us, Software,Etc. and others. We also built the opening store Inventory(movies and games) packages for the Blockbuster Franchisees in North America, Hawaii, Mexico, Canada, Panama, ETC, ETC See:
http://www.inc.com/magazine/19971...
I was introduced to Vince Perri, one? of the owners of Active as a potential U.S. distibutor of the Action 52 cart. I went to Florida in either late 1990 or early 1991 to discuss the "deal". He had a large warehouse/office building and appeared to be a legitimate business. I was discussing the purchase of many 1,000's of games and it involved a tremendous amount of money. In a business like I was in that was full of con artists, I was wary because I was told the carts were going to be assembled "offshore" -the Bahamas according to Perri and that they must be paid for in full -IN ADVANCE!
He did not have pallets of finished games in evidence, only a handful of what he called "Prototypes" of which I returned with one(which he was very reluctant to part with). There were employees and activities going on (mock ups, advertising posters,promotional stuff, etc) and Active appeared to be a real business. He never mentioned any partners
We talked and talked, had dinner and I left Florida knowing that the deal was too shaky for me to risk a million dollar upfront payment being wired to the Bahamas...