Unfortunately, I am also a victim of American Entertainment Distributors. I purchased a machine on 8/25 for $36,900. When I purchased the machine, I was told they had secured 4 high traffic locations in the Denver area - all of which I would have first right of refusal. After waiting 3 weeks to speak with the locations department, I was informed this was not true and offered mediocre sites. I attempted to call my sales person, Thomas Kling, only to be rejected and forwarded on to the customer service department. So, I decided to be proactive, find my own location and make the best of a bad situation. I found a great location and now have no machine. And, as everyone knows, the company is now shut down.
All day, I have been on a quest for knowledge. And, here's what I know:
The FTC investigated and has charged AED with freud. They have substantial evidence that American Entertainment misrepresented themselves to investors, promising location assistance, strong sales figures, delivery of machine within 60 days, etc.in addition, there is evidence that they paid their references (which most of us called) to help them "close the deal."
The FTC has appointed a receivor to sift through the rubble and figure out what assets are left (if any), determine who has been sold a Box Office Express, where these orders currently stand, and work with AED to discuss any possible settlements.
The receivor's name is: Gerald Wald, 305-358-5900. Call him, leave a message (you probably won't reach him in person) and let him know your name, number, etc. Eventually, he'll be in touch.
The contact at the FTC handling this case is Debbie Matties. You can reach her at 202-326-2047. She can give you the details of the investigation.
I am sickened that companies like this exist and by the people who run them. Like everyone else, I am upset that I didn't see this coming, but we'll get through this. And, in the end, AED and it's management team will get what they deserve.
Good luck to all of you.
Debbie
Littleton, Colorado
U.S.A.
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