Wata Games SUED in Federal Court 

Even if Wata tanks it probably won't be long till another tries the same thing. Or the crypto bros try their hand at another pump and dump scam.

Hey Pat and Ian, been a fan for a long time. I just wanted to make one clarification on civil jury trials and how many jurors must agree on a verdict. In Federal Civil Suits the 12 person jury verdict must be unanimous. What you were talking about is the evidentiary standard for a burden of proof. As you said in criminal trials the burden of proof is beyond a reasonable doubt. However, in civil trials the burden of proof is by a preponderance of the evidence. Essentially the jury must determine that with the evidence presented it is more likely than not that the plaintiff's claim is true. basically any percentage greater than 50%. But all 12 jurors must agree. It is different if this was a California State Civil Suit. That only requires 75% of the jurors agree, so 9 of the 12 jurors must agree.

We don't comment on much but, we know what's going on...

I don't know much about grading stuff, I'm just a collector I'm not looking for value. But this whole wata thing is annoying I'd almost say scam. I mean it's one thing if wata themselves said they couldn't keep up,but they're dumping it on everyone else and as a collector I'd say that is the equivalent of dog poop.

It's the vintage video game Market equivalent of insider trading, plain and simple.

Makes it expensive not less fun.

@@Dire_Hit depends on your budget for hobbies.

@@Dire_Hit not everyone is upper middle class

@@Dire_Hit it’s less fun cause it’s harder to find. You go to a thrift store that would normally have 1 guy in the video game section, now there’s 18. All just scanning with their phones to resell

It makes niche kinda boring hobbies into fun entertainment tho

👀

What did they ask you to do? Now’s your chance to expose your story

@@TravisSurtr It became a power vacuum, and they were using the lower employees (me and a few others) to sabotage the other group so they couldn't gain the newly opened Movie Posters division that Grey Smith (yeah pretty vague name) left after being led out of the company. This ultimately hurt Hertiage the company themselves, because the sabotage was stuff like dumping paperwork, misplacing Lots that people had won in auction, and other things that would through wrenches into the mix and slow down operations. I was fired on a day that a huge shipment was coming in that had rare silent movie posters for Lost media (movies that no longer exist in any form). This project was a big deal, and we were told to help out. The OPs lead then told us after the meeting that we would not be helping and instead waste time looking for a single lot that had been missing for around 3 years at that point. I responded that we were helping to unload the truck, I was told I was disobeying a direct order, was fired on the spot, led out of the building, and all my account info/email/records was then cleaned and deleted within the time it took me to drive home. Fun Stuff.

So that's why "Mad Dog" stopped talking about video games and started hocking movie posters. Ha.

​@@Sejju I've always said, you're not really a good guy unless you're willing to do the right thing and be punished for it. You're a good guy, and I hope you found a company that likes that. They're rare.

After WATA I stop to collecting, the hobby is dead, I hate WATA.

@@JohnSmith-zl8rz agree and i hope this makes the bubble of over price games pop

@@waynekline6798 Which games do you consider overpriced?

@@UsernameBlank123 games that say use to be $20 but the rocketed back to its it old retail price like the older cheap ps2 games

@@UsernameBlank123 Pretty much all of them right now.

Are you and Ian a couple ?

I disagree. The FINAL Judgement and interpretations of statutory and federal law will be the most important part of this case. It will determine the legal aspects of the used market that will last for years to come in how we interpret the law as well as future cases involving this community.

As long as you keep collection it won't happen

@@UsernameBlank123 that's not how the world works buddy. This isn't a stock. The losses are realized whether they sell or not.

@@Ozhull At the end of the day I'm going to sell my games for a profit whether you agree or not.

I’ve got a big collection

@@UsernameBlank123 I'm only talking about people who hoarded large collections with the intent of making a huge profit. Not for the love of collecting but for the love of greed. Don't get me wrong. I appreciate capitalism but abusers always screw the system up Just like the ass hats at WATA Games.

No. No. Are prisons are for real criminals who murder and rape etc etc. I know Biden flipped that script and thinks the opposite. But we shouldn’t waste a inch of prison space on this. Simple 20 year probation. 10 year house arrest. No access to internet. Not able to hold a business license. Things like that work well enough.

@@anniemaywholesale3288 if it’s graded and slabbed then I guess it doesn’t really matter what happens to the game inside since it will never be used.

Nah, they talked about it, shares anyway in some games. Hopefully that of course they can sell said game for a profit anyway.... They already have a profit from selling the shares in said game, then more profit possibly for the sale of the game.

Yep! That’s a BINGO! We lived through it with our coin store. They did more damage than a fat kid in a candy store

This is common practice in the sports world lol.

You're likely the same person complaining about gas prices or housing cost, everyone is just trying to make a living.

@@UsernameBlank123 lol, wow want to lick some more corporate shoes? You must work for Wata.

Making a living, just getting by and being filthy rich are the same?

@@tron.44 making a living and just getting by are an absurd degree?

Probably is they would have to try and get them on a RICCO

Why is the guy from the office on the stand?

@@salvagemonster3612 🤣

won't even come close to happening

Well cards I can kinda get. Let me explain. Cards are two sided so the can be enjoyed even when they are slabbed. The slabbing also adds some very good protection from air, water, folds, etc damages. So can understand protecting them. As the over the counter plastics don’t offer quite the same.

BIGBIG

Most likely not. Ian is right, without hard factual evidence, nothing will stick.

And here all I did was confuse WATA with NAMBLA

@@jimmyt7233 Maybe they'll mention how WATA sounds like WETA in that article about why people don't like WATA.

Oh it can. With computer searches and forensic accountants etc. I don’t think these boys are that smart. See he got his pee pee slapped back before you were born for some shady auction stuff. So he isn’t very bright

I hope WATA and heritage burn to the ground. Greasey, greedy, gullible and getting got.

I got in early. Only have less than $100 total invested into WATA at the moment. Still have a Pop 1 title.

@@RetroHabit82 which title

I heard they gonna move the court to Colorado because there's no lawsuit for defamation.

He was dinged before

Been happening since the first guy dug up that shinny rock 10 thousand years ago.

Ehhh seen in the 90’s when a certain company coin grading was exposed. I can remember sitting at buddies coin store cracking open them slabbed company coins. He had guys flooding in wanting refunds and others trying to get something out of them. We had so many come in , in a week. He started paying just scrap on them. People were happy to sell. Difference is, a silver coin is still 90% silver. A Nintendo game or vhs is just a lump of plastic that will take 1000 years in a landfill to break down