Fox's new operators have to lock the doors, say they'll have money Thursday. But their checks to city have bounced, too
Things have gone from bad to worse for Hippo Entertainment and the Fox Theater.
After first downsizing then canceling a planned street party featuring country music star Marty Stuart, Hippo Entertainment ran out of money to refund people who purchased advance tickets for the planned June 3 event.
The building still has not deemed ready for public events.
According to information obtained by the Midway Driller, the Fox still has not been inspected and the city will not allow any shows to go on.
To make matters even worse, a well-placed source told the Midway Driller that checks sent to the City of Taft for permitting and license fees have been returned for insufficient funds.
Eric Derrington of Hippo entertainment told the Midway Driller late Wednesday that he ran out of money Wednesday but will reopen Thursday at noon to refund any ticket holder that hasn't already been reimbursed.
“We will have more than enough money to hand out to everybody,” he said.
“We just quite literally ran out of cash today,” Derrington said in an interview just before 7 p.m. Wednesday. “We offered refunds to everyone but we ran out of cash. It takes two signatures to pull money out of the back but we could not get the other person over here in time.”
He said he has a partner who handles the finances and that person needs to sign along with him to take cash out of the bank.
Derrington said he had heard nothing about checks paid to the city bouncing.
“That's the first I've heard of that,” he said. "I am not aware of any of that,” he said.
Derrington attended the weekly Sit 'n Sip at the Taft Chamber of Commerce and said it will take at least a month to get the theater up an running. He said he planned to spend the day handing out refunds.
But by late afternoon the money was gone and the doors were shut.
The Fox has had several
One large marquee on the main entrance still advertises refunds on Wednesday.
On a marquee over the smaller theater, the marquee says “Road to Nowere.”