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by _ofdw 2324 days ago
I'm no expert in arcade games but often the case with niche assets is that the cost of getting them off the premises can outweigh their market value, and assets are only worth something to creditors if they can be sold to recuperate accounts receivable.

For example via my employer I technically own a large multi-engine aircraft that is worth some $70 million dollars but requires significant repairs, engineering and refurbishment to restore to airworthy status, to say nothing of the cost of logistics to actually get the thing to a repair and overhaul facility. Even the cost to move it to a disposal facility (shredder) is prohibitive and requires significant logistics.

So it languishes in an aircraft grave yard providing a valuable service as a bird habitat.

1 comments

You can't post a tease like that :) Details? You got a blog?