Just to echo what Scott said, I completely agree with him. It takes more than just nicely sculpted minis being painted by well known artists to be able to make a profit.
Sure the economy is bad, but at least to a point, if a product that is well presented and well marketed makes me believe that I truly NEED it, I will buy it. And that\'s the beauty with minis, they don\'t cost an arm and a leg for the most part. Sure, with the economy the way it is I can\'t afford to get a new car every 3 or 4 years like I use to, I can\'t afford to take vacations every year like I use to, but spending 50 bucks a month on average on miniatures still seems feasible and I think that goes for most of us here.
My point being that I don\'t think the economy has much of an impact on Helldorado going under. I think it has more to do with bad advertising and as mentioned the lack of an English rule set.
Also truth be told as far as their whole product range goes, they weren\'t doing anything all too new or exciting. Sure for us hobbyists and painters the minis are great, but we are a small percentage of the market compared to the gamers. With games like Warhammer and Warmachine, small skirmish games don\'t seem so appealing, especially if they are not readily available at hobby shops/online stores.
Sorry about the rant folks. Bottom line though, yes it is sad to see another promising company go under, but until someone is willing to invest enough for international advertising as well as international product distribution this kind of thing will keep happening.