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.
