 I called it, a mother fucking called it. For those of you who watched my Where is My Lords of the Rings Loot Crate video, you'll be happy to know that it just got a whole lot fucking worse. I thankfully cancelled after the latest latest delay. It was at that point that I realized that all the evidence was in front of me and everything was on fire with Loot Crate. Between them firing a lot of their own employees to the point of that it wasn't just the Lords of the Rings, but other Loot Crates, not just special ones, but monthly ones. I knew that this ship was sinking hardcore, so I pulled out and I got my refund. But for those of you who didn't, you're in for a surprise. My roommate who was still, give her credit loyal, but unworthy so to this cause just got an email this morning that says this. Hey Looter, I'm writing you with news, Loot Crate is being acquired. Our proposed buyer, Loot Crate Acquisition LLC is an affiliate of existing investor, Money Chest LLC, who is providing us with immediate financial support. They know our company well, they have invested in Loot Crate in the past, and have been a great partner. As part of the sale agreement, Loot Crate filed for Chapter 11 reorganization. That's not reorganization, that's bankruptcy. Chapter 11 is a chapter of Title 11, the United States Bankruptcy Code, which permits reorganization under the bankruptcy law of the United States. How often do you see this shit actually work out well? Not too often. The purpose of Chapter 11 filing is to facilitate the sale of the business and position the company to achieve the delivery times and customer service experience you deserve. You, the Looters, are our top priority. Our existing investor is providing us with up to $10 million and new financing which allows us to continue our daily operations and we intend to fulfill our subscriptions. Look for updates on delivery soon. As you are a big part of our Looters family, you will be receiving more communications from us during the sales process. Our goal is to fulfill the promises we made to you and we will be updating you with shipping and delivery dates as soon as we have them. Absolute bullshit. They have been so goddamn horrible with updating people about what's going on. This is the first time my roommate has gotten an email from them about fucking anything. None of the previous delays gave her any update about what was happening so I highly doubt that they're actually going to freaking give any more work into this while the whole company is on fire. What does this mean for my subscription? You do not need to do anything. Our buyer is providing us with new financing which allows us to continue our daily operations and our goal is to fulfill all of your subscriptions past, present, and future. No, I don't believe any of this. If any of you have bought into this Lord of the Rings loot crate, get out of it now. And when you send this email wanting a refund, don't be nice with your wording. You hammer it down. My email in fact said, I don't care about any other special hidden item. I don't care about a reduction in cost. I know that neither of those will come to me anyways. I know I won't find out about this shit. Your communication has been abysmal and this company is on fire. I want my refund now. I don't want any other excuses. I want my refund now. And that's basically what I said. So for any of you who want to keep your money and don't want to buy into this shit anymore and lose it because that's what happens when companies like this file for bankruptcy. Loot crate is admittedly the biggest crate subscription service in the world. But that doesn't mean that there hasn't been a bunch of other ones who have died in the process. My buddy Mark who's been on for some reviews. He's been part of three subscription services that all went out of business. So get off this train now. Get the fuck off of this boat because it definitely sink in and it's taken all of your money with it. Anyways, that's my thoughts on that subject. Let me know what you guys think about this whole situation in the comments below. I know a lot of you have been giving a lot of comments and feedbacks about your experiences with the Lords of the Rings loot crate thing and the absolute debacle that it's been. And I'd like to hear what you guys think about it now considering the absolute shit heap that had just been pounded on to all of you. Anyways guys, hope you enjoyed this video. If you did leave a like and if you're interested in more, maybe subscribe. Otherwise, see you guys next time and hopefully you get your money back.