Axiom Home Page Forums General Discussion The Water Cooler IOnline shopping: who are you really buy from

I was just doing some forum hopping and noticed that 13 of the 18 active threads today at AV123 were in the classifieds section. Richeydog did mention that section is quite active but that seems like a worse ratio than before.

That wouldn't be suprising considering what has transpired. Sure there are people looking to dump product but what is it really worth? With the consistent slashing of the MSRP over the years, quality problems with the products, no transferable warranty and what looks like a company that won't be in business much longer there is absolutely no value in that product and brand.

There are people that pre-paid 6k for a speaker that has not even been made yet . What a horrible company. Maybe grunt you can join that lovely audio community and post a picture of the mugshot from boulder county that has surfaced.

It's an awfull situation. I've seen firsthand(twice) companies go through bankruptcy, and the numbers of people that it affects, from employees to unpaid customers and creditors is devastating. It appeared that the President of one of the companies I worked for, knew exactly what he was doing, and ran his creditors into the millions. I managed a peek at the list of creditors, the highest was over $7 million!! that particular company filed for bankruptcy a year later.

IIRC Adrian the individuals that pre-paid for these speakers was well over a year ago. I think it might be even up to 2 years ago. They have had plenty of time to build this product or offer the refund to customers. If you have followed this company at all they like to bait and switch when they miss deadlines or with their solid lineup of vaporware and lock people into store credit instead of refunding the purchase.

It's hard to believe the authorities let this guy operate in such a manner for so long, never minding the "charity raffle" scam he was running.

There was lots of misinformation spread by a lot of "fanboys" and "apologists" that defended the company over the years which overhyped products and service and underplayed customer issues on late delevieries, pre-pays, failure rates, lack of customer service communication etc. This esentially acted as a shield which attracted new customers along with continuously slashing the MSRP on products.

When you get quotes on contractors for housing projects, do you always go with the guy that offers the lowest price?

"The only thing that is over-hyped is hype"

Contrary to popular opinion, 'the man' can't watch everybody. Someone had to complain first. The amazing thing is that the person who did, never owned any of their products.

Or contributed to the raffles. Probably a good thing since a lot of their customer base was willing to overlook many things.

Yah, the little that I read on their forum when all this was going down, I kept reading...."he's still a 'good' guy and I wish him all the best ect..."....tell that to the guy with cancer whom the charity was being held for, or as you guys mentioned, the guy waiting 2 yrs for his $7000 system and can't get his money back. I have no pity for the guy who ran this charade, but I feel for everyone else.

I thought that this thread was on topic:

http://www.avsforum.com/avs-vb/showthread.php?p=18436380&highlight=emotiva#post18436380