It's been updated again.
Quote:
We would like to start by saying that we are extremely proud that the VGM community cares so deeply about the genres releases "legitimacy" and we have been happy to answer all of your questions regarding our license. We are aware that the low sleeve quality has raised many many eyebrows and we've had many questions about that. As our first release we made some extremely simple errors and due to miscommunication with the pressing plant the sleeve was not printed with the 300dpi quality we wanted it to be and with all the mastering, license and legal fees we simply did not have funds to get a new run on the sleeves.
Other "viral hit" that we have been clearing out with MAGES.Inc is a reply from 5pb. Records to an email from a fan regarding our license. We've have had lengthy discussions with MAGES.Inc and found out that surprisingly MAGES.Inc does not own the rights to the 1999 Pepsiman video games SOUNDTRACK even though they own all of the other rights to it and thus 5pb. Records has nothing to do with it. There was a false assumption we made based on the license deal and it’s documents that were given to us about MAGES.Inc also owning the soundtrack license but that has now been cleared on good terms and understanding. That is also the reason why our license deal made us use the title "Pepushiman" and we were advised to credit MAGES.Inc for legal reasons as they hold part of the titles rights.
All in all this has been a extremely valuable learning experience about what kind of a tangled web it really is to release a licensed video game vinyl when the rights have been bought and sold multiple times after the original companies are long gone.
FUN FACT: The 1999 cult classic Pepsiman was developed and published by KID that declared bankruptcy in 2006. After this Pepsimans intellectual properties were acquired by the CyberFront Corporation and soon after that Kaga Create then bought CyberFront Corporation. After Kaga Create closed down, 5pb. bought Cyberfront's assets but that did not include the soundtrack of Pepsiman, that was already sold earlier!
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I'm reading that as they thought they had the soundtrack rights licensed from Mages, but Mages never had it to begin with and Chipped seemingly didn't realize this. It sounds like they have cleared the misunderstanding with each other, but I'm reading it as the soundtrack rights still has not been cleared, so I figure this should still be kept marked as a bootleg.