Gear Discussion Forums > Gibson Basses
Dire financial situation at Gibson?
Rob:
--- Quote from: 4stringer77 on April 25, 2018, 11:10:29 AM ---reported issues with a noisy preamp and or grounding even though you could argue that's a vintage correct feature.
--- End quote ---
:toast:
uwe:
Don't disconcert me!
Dave W:
--- Quote from: Pilgrim on April 24, 2018, 04:06:13 PM ---Sounds like Tronical is trying to get to the front of the line of creditors and recoup as much as possible while the boat sinks.
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Their inventory may be secured, but they'll be way behind the major creditors. The way I see it, they are putting potential investors or financiers on notice, assuming their claim is valid. OTOH if a Chapter 11 filing is made, they're probably screwed.
doombass:
Gibson's response to Tronical's claim:
https://www.channelnews.com.au/gibson-brands-close-to-chapter-11-as-new-a60m-legal-action-revealed/
Dave W:
--- Quote from: doombass on May 01, 2018, 01:43:52 AM ---Gibson's response to Tronical's claim:
https://www.channelnews.com.au/gibson-brands-close-to-chapter-11-as-new-a60m-legal-action-revealed/
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They're basing that on a Gibson press release from about a week ago. I thought Gibson's press release was the publicity stunt and smacked of desperation. The Wall Street Journal says that Tronical has been complaining about missed payments since 2014.
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