Editor: InWorldz cofounder and former CTO David Daeschler just asked us to publish this statement about the current situation with the grid’s crowdfunding campaign.
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For all those that have been asking me what is going on with InWorldz, I’d like to make a public statement.
I have not been involved in the management or operation of InWorldz since the end of 2016. I have not been privy to company information regarding finances or operational factors since at least that time. I don’t know the state of the loan agreement that was executed by Beth Reischl alone. I do not know if the creditors that are owed money by Beth and InWorldz, LLC have been repaid, or if they are still seeking final resolution to what sounds like a loan default.
Further, I don’t know where the funds from the GoFundMe campaign that Beth Reischl started are going. Since the decision has now been made to start a new grid, I do not know if those funds that were collected under the name of InWorldz, LLC are now being funneled to a new business entity, or personal accounts.
I feel very badly for all residents that are at the risk of losing their home and their things. I have missed being a part of the InWorldz community and spirit for the past few years, but the business has struggled due to a constant push for the lowest possible price against competition with no business model. We have all had to make sacrifices and, in some cases, move on to make ends meet.
I hope the Beth can clarify how this new grid will operate, and how InWorldz, LLC’s creditors will be repaid given a possible move to a new business entity.
I miss you all. I miss hearing how InWorldz improved your life. I miss hearing about the new love and real-life marriages that happened because of our service. InWorldz will always hold a special place in my heart, and I’ll always remember what you all taught me…
Always, just one more dance.
Sincerely,
David C Daeschler
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