"Jeff Macpherson" is a filmmaker and video game developer. He is the creator of the web series Tiki Bar TV and co-founder of the gaming company RocketChicken Interactive, Inc. which produces the game CodeRunner.

On October 14, 2005, during the Macworld 2005 Keynote presentation (which introduced the new iPod with Video) Steve Jobs showcased Tiki Bar TV to the audience as an example of a "Video Podcast" (which, at that point in time, was a relatively new media format) as something that could be loaded on to the new video iPod using Apple's proprietary iTunes software for no charge. The next day, Tiki Bar TV moved to the #1 slot in the iTunes Podcast charts, and as such Tiki Bar TV was one of the first user generated programs to gain worldwide popularity via the iTunes distribution model.

Prior to Tiki Bar TV, Macpherson was a producer of music videos and television commercials (Toyota, Hyundai, and LG). He was also a writer on two feature films for First Look Home Entertainment and directed the feature, Come Together (2001 Vancouver International Film Festival, New York International Independent Film Festival)

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We don't know what the payment plan is, none of the terms have been worked out. The terms of the agreement are driven by what makes the Department of Education feel good and the creditors feel good.

The folks owed money would have a lien on the building, so they would have security for the payment plan. It would be worked out that they would have no interest in taking the building.