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Posted: Wed Apr 19, 2006 9:03 pm
by High Society
Always hate to see that happen with any company. Why would RE even let themselves be bought out?? I really hope they don't turn into audiobahn or some brand like that.
I would hate to see ED or even Adire, DD, or any company that invests as much heart, soul, and quality into their products as these people do get bought out, or be forced to sell out.
eD does not put in their heart and soul into car audio. They screwed a bunch of people outta their money, and even close friends of Ben(owner) he even screwed. So eD is no wear near good. Throw them onto the ugly list!!!

And yes my EX is friggen sweet!!!

Posted: Thu Apr 20, 2006 9:55 am
by Darthness
i'm betting US Amps made a good offer to get people to sell their stocks.

Posted: Thu Apr 20, 2006 10:30 am
by Jonathan
US amps is a much larger company that RE is, and has been making product for a lot longer. They are/were also highly used in all forms of competition, especially SPL competition. Keep in mind they were highly used by people that were not sponsored by them. It probably didn't take a whole lot of their assets to get RE, they have the money to wave in their faces.

Posted: Thu Apr 20, 2006 11:25 am
by Justin from Detroit1
And anyone who would sell a pretty successful audio company just for some money never had their heart in it to begin with. That isn't the type of company I would support.

Posted: Thu Apr 20, 2006 3:30 pm
by Altec88
Where can I buy Elevation Audio? Are they stickly just dealers? No online?

Posted: Thu Apr 20, 2006 3:40 pm
by Justin from Detroit1
Dealers only. You live in Michigan, you can get some from me. E-mail me [email protected].

Posted: Thu Apr 20, 2006 4:36 pm
by Ryan from Ohio
Ok the story I read condensed form from CAF.

Awhile back US Amps was bought out by some Korean guy (not that it makes a difference). I guess everything for the most part is the same except they are building some, most or all of the products over seas to save money. Consiquently the rumor is quality has went down.

Said Korean guy has bought the controlling stake of RE, a corporation. David does not own RE, he works there. The rumor is all the Korean guy is going to do for starters is improve customer relations. Outside of that nobody knows whats going to happen. David feels the way RE does business is about to change. Probably no more direct buys and try to aquire more dealers.

Lots of speculation and thoughts, not many facts.

Posted: Thu Apr 20, 2006 6:00 pm
by Waldodamon
Ryan from Ohio wrote:Lots of speculation and thoughts, not many facts.
Two things I need to clear up before I post what I want to say. First, even though quoted by Ryan, this material above was not originally typed by Ryan. I don't know who the original poster was, but I saw this on CAF too. I am saying this to clear Ryan of what I am about to say.

Second, I have no intention of low-balling another forum, what I am about to say comes from learning a great deal from CAF, and reflects only what I am seeing lately there as opposed to when I first joined two years ago.

That being said, re-read the quoted material above....

Doesn't that incomplete sentence above reflect CAF as a whole?

Posted: Thu Apr 20, 2006 6:43 pm
by tomcat
Waldodamon wrote:Doesn't that incomplete sentence above reflect CAF as a whole?
Thats one reason I never made an account there. There is a different class of people here.

Posted: Fri Apr 21, 2006 12:55 pm
by Ryan from Ohio
Actually I typed all that off memory...

So ya its all my type and my summary of what I read and can remember...