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Very bad sign of the times
Old 29th January 2009
  #1
Lives for gear
 
David R.'s Avatar
 
🎧 15 years
Very bad sign of the times

Just saw that Loud Technologies will delist itself (per Nasdaq letter). Stock is wayyyyy down. And then this:

Loud suffers as Chinese producer collapses | Musical Instrument Professional | News by Mi Pro

There is a Mackie mixer in every small club, in every bedroom studio, Mackie speakers popping up everywhere.

Could they be headed for bankruptcy?
Old 29th January 2009
  #2
Gear Guru
 
tINY's Avatar
 
1 Review written
🎧 15 years


This is what makes production in China dicey. Sounds like they didn't do a good job with due dilligence. The prices were nice, though.

I wonder which lines are affected?



-tINY

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