Quote: Most of the investment money was returned by me, until I simply was out of money.
Quote: I was able to find new funding and partners to start a new company; manufacturing and selling products we designed. We had previously contracted out the manufacturing and decided we could be successful if it was all done in house. The chassis stiffening products have been well received and we have thousands of customers who are happy and satisfied.
wonderful. then you have the money to send the OP his deposit back.
Some of the "investors" got refunded their "investment" but others are left hung out to dry and you're OK with that.
After all that was from the "old company" not the "new one" right
That's a hell of a thing to do. Sure it may be in some way legal but it doesn't make it right.
