Submitted by ChristopherK on 28 August, 2011 - 14:55.
I realize that the my silence around some changes in HSPIN has lead to all kinds of rumors. I hope to resolve them with this post. The below email was sent to the HSPIN NETWORK on July 29.
On July 6, I had a very important and relieving meeting with the other four shareholders of HSPIN. You don't know them, but they are my best friends who have always supported me in the background.
With the advent of my daughter, with my family moving to Switzerland in August, and with the new exciting job I accepted <...>, I will have even less time for yoyos. I know I already frustrated some of you with the lack of attention.
As for myself, I have to be honest and admit that yoyos became a burden to me, no longer fun. We lost USD >30'000 over the last two years, which is appalling. The primary reason for this, is that I was too generous. So I started to worry about finances, and the fun was out of the window.
I got married playing the yoyo, and yoyos will always be dear to me. But I need to be realistic about my capacity.
So during the above meeting, we <...> decided to go back 7 years, when I did this just for fun with my own ideas.
HSPIN will continue. I will produce 1-2 yoyo batches a year. These yoyos will be my own brain childs, and will again be my personal "extravagant", weird style - which is what made HSPIN famous 10 years ago.
I will have to cut <...> costs, including sponsoring, travel, TShirts, stickers, <...>.