The people that believed in us from the beginning? People we made promises too. People we have let down. Even worse… people we will not be able to give the full rewards they invested in.
The crazy thing is, that we have most of the rewards ready for postage. All the backer stickers and letters of enlistment just need a stamp. All the poster sets printed, signed and ready. The artbook is ready to be printed, the soundtrack is ready for distribution, the DVD case is ready for production. But we have literally no money whatsoever to pay for stamps, let alone print the artbooks and dvd-cases. "
I understand you failed. Find money for postage though? These were Kickstarter investors? You have money for a bankruptcy attorney? Just shopping around for a bankruptcy attorney can save thousands? (Maybe you are doing the legal in house?). My point is the Kickstarter Backers will appreciate a small gift of gratitude, and just might fund you in the future?
I think most small companies know they are going under weeks--months in advance? I knew months for myself. There's nothing illegial about keeping a small fund for the last days of a business.
Good luck, and with Capitalism, and all its risk-thank goodness for Bankruptcy. When I was younger, I didn't quite appreciate bankruptcy laws. I now keep a close ear out for any changes to bankruptcy laws.(There are entities that want to change the federal statutes. I knew the Obama administration wouldn't let lobbiests touch them. I worry about the next administration?)
If I was to do it over again, I would have incorporated every business I ever started? I might have even incorporated my legal name right out of college--if legal?