ilovefuzz.com

I'll give them 10 bucks for the company. Not a penny less.

repoman wrote:The whole thing seems wonky and sad but if they were actually conspiring (through online messaging no less) to actually tank the company or force her out...seems like her paranoia would be warranted?

As was noted in this TGP thread,

Naturally if you plan on leaving a company and forming your own the first thing you’d want to do is create something as epic as the Epoch Deluxe and Pre for them as a parting gift.

Also, you should dedicate dozens of hours to filming detailed instructions and dive-downs for their customers.

That’s really the best way to stick it to them and go start up a business in which most people fail to gain any real traction at all.

Also, spend dozens of other hours filming cats because all the work is done.

And how dare you then take those pedals to NAMM and
do it under the Catalinbread name. What kind of covert
crap is that? Obviously some kind of attempt to bury the
company they poured their heart into, and one that would
not even exist as we all know it without them.

You’d definitely want to grind yourself for over a year in order to save the company from demise and continue to represent it, innovate, and release new designs for it before defecting.

It's a shame to see Nic's legacy turn into this. Seems like she wants to up the value before selling the IP, but if she isn't I don't know what her motive could be

Really don't think there is any "IP" to sell, or if there is, it's of minimal value. It's not like they have patents that can be licensed or bought as part of a company sale. The "Catalinbread" brand name may be worth something based on some of the products associated with it (I never owned any of their pedals, but I hear some of them are quite good (?)). Really, it could be worthless, depending on the amount of debt they have incurred over the years, etc. Seems like a frivolous law suit - and even if she can somehow win a judgement, do these ex-employees have money to pay any damages? Its not like she went after the "deep pockets". It all seems very emotional and anger-driven, which is unfortunate given the circumstance. After all, its a guitar effects company!!! We are not talking about the Ford Motor Company.

bemaha wrote:Really don't think there is any "IP" to sell, or if there is, it's of minimal value. It's not like they have patents that can be licensed or bought as part of a company sale. The "Catalinbread" brand name may be worth something based on some of the products associated with it (I never owned any of their pedals, but I hear some of them are quite good (?)). Really, it could be worthless, depending on the amount of debt they have incurred over the years, etc. Seems like a frivolous law suit - and even if she can somehow win a judgement, do these ex-employees have money to pay any damages? Its not like she went after the "deep pockets". It all seems very emotional and anger-driven, which is unfortunate given the circumstance. After all, its a guitar effects company!!! We are not talking about the Ford Motor Company.

Their designs, artwork, infrastructure, etc... all have value. There are plenty of cases of one company buying up another brand and building those old products. Catalinbread has a substantial dealer network and brand name value within the industry. Its not like were talking about a niche ILF bedroom builder here.

bemaha wrote:Seems like a frivolous law suit - and even if she can somehow win a judgement, do these ex-employees have money to pay any damages? Its not like she went after the "deep pockets".

I'm not a legal expert so I could be wrong, but if she were to sue for a certain amount and the court sides on her side, even if the defendants can't pay anywhere close to the sum, the trade secrets/IP they "stole" are now viewed as worth that amount

whoismarykelly wrote:

bemaha wrote:Really don't think there is any "IP" to sell, or if there is, it's of minimal value. It's not like they have patents that can be licensed or bought as part of a company sale. The "Catalinbread" brand name may be worth something based on some of the products associated with it (I never owned any of their pedals, but I hear some of them are quite good (?)). Really, it could be worthless, depending on the amount of debt they have incurred over the years, etc. Seems like a frivolous law suit - and even if she can somehow win a judgement, do these ex-employees have money to pay any damages? Its not like she went after the "deep pockets". It all seems very emotional and anger-driven, which is unfortunate given the circumstance. After all, its a guitar effects company!!! We are not talking about the Ford Motor Company.

Their designs, artwork, infrastructure, etc... all have value. There are plenty of cases of one company buying up another brand and building those old products. Catalinbread has a substantial dealer network and brand name value within the industry. Its not like were talking about a niche ILF bedroom builder here.

I'd love to see their sales numbers and see what their actual revenue is. I personally would never buy their products and haven't been interested in years, however, a lot of others are. I don't see them as a house brand quite yet but they are close. So, I'd agree with them being wider sold. What exactly is an ILF bedroom builder? Do people on ILF build in their bedrooms and sell pedals somewhere? Or are you referring to the people who buy them? Either way, I don't agree with your assertion as a musician is a musician and they use anything at their disposal. There are super famous musicians who use some of these "bedroom builders".

Well, either way, Erks' search history will soon be an open book during the Discovery phase, so it'll all be worth it.






j/k









...kinda.

Jwar wrote:

whoismarykelly wrote:

bemaha wrote:Really don't think there is any "IP" to sell, or if there is, it's of minimal value. It's not like they have patents that can be licensed or bought as part of a company sale. The "Catalinbread" brand name may be worth something based on some of the products associated with it (I never owned any of their pedals, but I hear some of them are quite good (?)). Really, it could be worthless, depending on the amount of debt they have incurred over the years, etc. Seems like a frivolous law suit - and even if she can somehow win a judgement, do these ex-employees have money to pay any damages? Its not like she went after the "deep pockets". It all seems very emotional and anger-driven, which is unfortunate given the circumstance. After all, its a guitar effects company!!! We are not talking about the Ford Motor Company.

Their designs, artwork, infrastructure, etc... all have value. There are plenty of cases of one company buying up another brand and building those old products. Catalinbread has a substantial dealer network and brand name value within the industry. Its not like were talking about a niche ILF bedroom builder here.

I'd love to see their sales numbers and see what their actual revenue is. I personally would never buy their products and haven't been interested in years, however, a lot of others are. I don't see them as a house brand quite yet but they are close. So, I'd agree with them being wider sold. What exactly is an ILF bedroom builder? Do people on ILF build in their bedrooms and sell pedals somewhere? Or are you referring to the people who buy them? Either way, I don't agree with your assertion as a musician is a musician and they use anything at their disposal. There are super famous musicians who use some of these "bedroom builders".

I didn't make any statement about 'a musician is a musician and they use anything at their disposal' and not sure that whole statement even makes sense. There is a substantial difference between a company whose wares are printed in catalogs that show up at my house and a one-person 'company' who makes a limited run of 15 pedals to sell to people here and then never makes more of that pedal. Catalinbread is the former and that level of company is going to have a lot more valuable stuff on hand than someone who has made 50 pedals total. Its irrelevant if you personally like or are interested in their products because lots of other folks are.

Uh huh. Who are you even talking about? I mean, no fucking shit they aren’t a basement builder dude. I’m not even sure why that has anything to do with this conversation.

As a consumer, it actually does matter if I like their products because I spend a lot of money and so do many other people.Each sale is important and having the opposite of that mentality is what tanks companies.

Without any numbers present, there is no way to know if the company is worth anything even the branding. Large companies can face the same financial crises as any other company.

More inventory doesn’t always mean more money either.

At the end of the day, shit is only worth what someone is willing to pay for it. Based on this lawsuit, I’m leaning towards them probably being close to in the red for various reasons.

You're confusing 'stuff' with 'physical items.' Most of the value in a company like Catalinbread would not be physical things. None of this can be proven of course since its a private company. Im speaking in general terms. Not worth getting hung up on whether any of this is 100% accurate. Its just discussion.

Yea you’re right. I agree fully there.

What happened to mountain king electronics...is a better question imo.

comesect2.0 wrote:What happened to mountain king electronics...is a better question imo.

Alan still makes pedals.

Yep, Alan is still kicking, we’re gonna hang out at a Pedal Expo together in Philly December 8th at Johnny Brenda’s