Vudoo closed the doors…
- Thread starter hafejd30
- Start date
L4701 is so good. Simple and super capable tractor.
sent them an email on Monday. No response of any kind. Their server is still operating or it would have bounced back. Of course the website is still running, but not really responding.
This is a strange situation.
I am wondering if they really want to try to get the company up and running again and are running into a series of insurmountable issues/problems. Maybe the ATF is all up in arms especially considering all the problems Remington had after it went through the sale barn. (As in the ATF under the Trump administration is actually trying to look out for the consumers.
Or, more likely, as usual, the company got bought out, by the typical corporate raiders, who are grabbing every penny they can get, leaving the customers and suppliers out in the cold.
This is a strange situation.
I am wondering if they really want to try to get the company up and running again and are running into a series of insurmountable issues/problems. Maybe the ATF is all up in arms especially considering all the problems Remington had after it went through the sale barn. (As in the ATF under the Trump administration is actually trying to look out for the consumers.
Or, more likely, as usual, the company got bought out, by the typical corporate raiders, who are grabbing every penny they can get, leaving the customers and suppliers out in the cold.
Most of the time buy outs are t corporate raiders.
Even thought they did their due diligence you show up and it’s a total cluster.
Margins are incorrect
Future sales projections (usually called runway) are bad leads. But the books look good so revenue can cover the investment payout.
Employees are useless which is why they need influx of cash. And why the first thing that happens is 1/2 the managers are tossed.
Tons of reasons, the days of buying to rip apart and sell for Pennie’s kind of passed because the interest and inflation rates are high. Money is too cheap to float for just a rip apart.
It could be what’s happening. And not knowing anything about either side..I doubt it’s going to plan and that’s usually on the seller
Early on in this lengthy tome, the new owners and their "picked" individual to "run" the company were named.
Said picked individual has a very bad reputation for destroying companies he is brought into.
Seems the earlier comments pages back are coming to pass.
Go back and read it all.
Said picked individual has a very bad reputation for destroying companies he is brought into.
Seems the earlier comments pages back are coming to pass.
Go back and read it all.
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You’ll get more information (still not much) from the DI precision/David Lott thread than any where else I think.
Many buy out have “second bite at the apple”. You leave money on the table for a chance at a bigger payout down the road.
Most of the time that is ownership if they are very involved.
If the owners have a few bucks in the bank and the company is worth something they will negotiate the “non buy in” is enough for them to be reasonably happy out the door. The extra is gravy.
Caveat is after being a owner for so long they never truly get on board and deal with a younger new manager asking you why your lunch break was 2 hours when your buy out says it matches the office etc
They usually quit (because they got enough in the bank) or it’s a parting of ways in 6 months.
They're back. Just under a new name. But with the actual talent that helped them get started. It may not be the same Vudoo you're used to, or name, but it will be brilliant. And we can thank this dumpster fire for it all.
Delane Development Group. Mike Bush started a new company to provide replacement parts. And he just might be coming up with a new action. I haven't had time to fully follow the thread and FB page, but skimming through it all gives me the impression that's the direction. Someone correct me if I'm wrong.
Just to be clear DeLane isn’t the rebranded Vudoo that picked up and “moved” to OK. Mike felt the need to help out Vudoo owners and at the same time working on his own products. DeLane and VGW are two separate entities.
Any competent gunsmith can rebarrel a Vudoo. 2 I personally know of are Randy Rachel, Rachel Precision and Levi Wilson, Heavy Precision both do them and are great to work with.
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I believe that he meant; any competent gunsmith can do it, but Rachel Precision and Heavy Precision both do it now.
You bet it is an important distinction ... one statement is true and the other is false ... not a subtle difference at all.
Randy is one of the best. He build my RimX. Like a poster below stated. What I Was trying to get across was any competent gunsmith can do it but Randy Rachel and Levi Wilson are two others than that poster mentioned. I have personal experience with both Randy and Levi and both are great. Sorry for the confusion
