[dasgalloway]

So you stopped doing business as Area51 Fab to drop debts, then formed a new company with a very similar name which "purchased" the assets or rights to those assets (while dusting off the debt) so you could continue doing business? Sounds illegal at worst and very sketchy at best to me.

Who does the manufacture now if Area51 Fab isn't operational and you're "just a retailer". I dont' think you're just a retailer because you say straight out:

Area51Hyperformance sells the Area51Fabrications product and continues production on it because its a great product and there is still the demand for it. If any of you had millions of dollars of research and development, molds and jigs on any product that was still wanted it would only make sense to continue distributing the porduct

Oy. Maybe help shed a 'lil light here?

 

[dasgalloway]

Maybe you are just not a good public speaker Hype... you seem to keep switching your story.

Are you just selling off old inventory or did you obtain the rights to manufacture the products? Dave says you're just selling off existing inventory. If that is the case, I hope you paid him a fair price for them which he will be using to settle debts from the bankruptcy... if not some customers who buy these products from you could legally be forced to give them back up with no compensation if the bankruptcy court rules they were illegally transferred to avoid being lost in the bankruptcy.

Personally I think you made a huge error in using the A51 name... when a company goes bankrupt you aquire their assets, their customers, their business... but you almost never keep using their name. :shame:

 

[dasgalloway]

mind doing all this throught *PM*'s ? :roll:

I think this is something that should be available in a public forum. Users who want to do research about companies should know when something potentially shady is going on... if its not shady the company will be able to defend themselves by telling the truth and making everyone comfortable.