Rich Johnston is the recipient of a letter sent by Platinum to its creators from President and Chief Operating Officer, Brian Altounian:
Hey folks. I wanted to personally send out a note to all of you addressing some of the most recent communications flying around about Platinum Studios. First and foremost, I want to thank each and every one of you for continuing to honor your confidentiality commitments under your contracts with us throughout this process. It is no secret that Platinum, like many companies dealing with this tough economy, has had its share of financial challenges. I promise you that we are doing everything we can to get on top of the situation and we hope to have some good news for you in the next couple of weeks. Please know that we are NOT “going under” – ours is definitely a long-term perspective and you are all part of our long-term plans. We acknowledge that we owe you past due amounts and we intend to honor all of our obligations to you.
Read the rest of the letter in the link. Developing.