Boston - More turmoil at Curt Schilling’s 38 Studios video-game company. Rhode Island officials disclosed this evening that the company attempted to pay a missed loan payment this evening, but had insufficient funds to cover the $1.12 million check. The firm has failed to pay its employees this week, state officials said.
Look, I know Curt's not the guy sitting in an office typing out checks to the state of Rhode Island, ok? That's obviously not his day to day duty...but at the same time, when you're the face of the company, I'm sure you get a heads up when the company is about to cut a $1.12 million dollar check. And I'm sure it must register in your head, without even looking at the books, "hey, isn't that the same amount we just sat down with state officials to discuss yesterday because we don't have enough cash to pay them back?"
And once that goes off in your head the next logical step would be to call that paper pusher on the phone, the one who is responsible for typing out that check and say, "hey, can you make sure we have enough cash to cover that."
Boom, whole thing would have been avoided. Yea, you'd still be welching on that $1.1 mill you owe, but at least you wouldn't suffer the embarrasment of having your check hung up in the State's Clerks office with your picture and a caption that says "Cash only." Next thing you now you'll be training chickens for cock-fighting in order to pay off the bounced checks at your local bodega...not a good look Schill.
I mean, even I know that if I'm going to live on the edge and pay Comcast late whenever I please, I'd better make sure the check clears...it's bill dodging 101.