I should be careful what I ask for......I have a plethora of tips and screenshots to research and post about this weekend, some of which is, for a lack of a better term....HUGE!!!!
Before I delve into the holy-crap-this-is-big tip I just got I need to share another pretty big tip...just not as big.
Like most things this is a round-about bit of information courtesy of our guest of the hour, Mr. Ken Whitman. Seriously, I couldn't make some of these things up if I tried....
Evidently those KoDT 20 Years of Covers Books were a bigger cluster-%$@# than originally anticipated. I speculated that those books were being printed in-house because the math didn't seem to work out based on Ken Whitman's statements on Kickstarter. Originally I figured maybe, just maybe the books were coming in a little high at a $63 cost to Ken Whitman, still a respectable profit margin of 37%. When he commented that "25 hardcovers that cost d20e almost 1000" it was clear that my numbers were way the hell off because that means the books cost less than $40 to make.....giving Ken Whitman an obscene 60% margin.
A little re-figuring was that maybe he was making them in-house. I know that I read somewhere something along the lines of "I couldn't afford to make them higher quality as that cost too much." If you have a link to that message, please forward it to me so I can put it up here. I realize that the books, which were only supposed to be a limited-time deal, were a fund-raiser, so that 60% margin was to help fund KoDT:LAS....
....and boy was I wrong.
Ken Whitman is obviously his own worst enemy because he stupidly enclosed a shipping invoice from where he got the books printed, which was from Ingram. Evidently this was left in the back (?) cover of one of the books and simply repackaged from the Ingram box to the UPS box. I realize the picture isn't the best and I've blocked out some order information that might point back to the tipster who sent this to me.
There are two...two big implications here. 1st is that the money spent by backers on these books probably wasn't spent on the books themselves. Ken Whitman didn't print off the "250 Hardcovers" as promised, but instead sent small orders to the printer instead. This explains why so many people didn't get the books they orders, much less get them the numerous times Ken Whitman promised they were being shipped. The second bit of info is that Ken Whitman simple printed shitty versions of the books to pocket the money. Come on.....an 83% margin? Obviously if Ken Whitman had spent the guesstimated $63, or even the reported $40 he could have put out a better product.
Thanks to my anonymous tipster for sending this gem. If you have anything worth sharing, please send it to:
A blog dedicated to documenting the assorted details regarding the business/scam dealings of Ken Whitman or Whit Whitman, as he rebranded himself. Originally limited to those interactions within the Role-Playing-Game industry, we've been forced to "branch out" in order to keep the public properly informed.
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A Brief Introduction to this Page's Purpose
Not Another Dime! is dedicated to documenting the assorted, and sometimes wild, details of Mr. Ken Whitman's business dealings within the Role Playing Game (RPG) industry. This place is NOT intended to be a medium of discussion about Mr. Whitman, pro or con, but instead be a "jumping off" point to enable the reader to make their own informed decision about Mr. Whitman's history and business character. (Editor's Note: After years of this documentation, we simply cannot be anything BUT "con" when it comes to Mr. Whitman)
Whenever possible, links to the original source material will be provided, but in many cases that information may have been deleted or secured behind restricted-access (like a private Facebook page) accounts.
Anything posted here is the opinion of the retrospective author and any content shown is to be considered "fair use" and posted for educational purposes only.
Note to authors: Please begin each post with the original date of the event being documented in the format of YYYY.MM.DD (i.e. If the event being recorded happened on March 15th, 2015 and today's date was August 8th, 2018 the beginning of the post's title would be 2015.03.15 and not 2018.08.08) so readers can use the Chronology page to find specific information. Please use appropriate tags when possible for the same reason.
Note to contributors: If you have some valid data to send, screenshots, links to other Ken Whitman stories, etc., please feel free to send a gmail to notanotherdimeblog. We'll look into it and post if appropriate.
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