Click the "Power Nose"
welcome Herve, to What's Best Forum.
Click the "Power Nose"
Thank you, Amir.welcome Herve, to What's Best Forum.
Thank you, Mike. Hope the party will be joyful!welcome Herve, to What's Best Forum.
we are having a party in your honor.
best regards, Mike
if this Gregory fella never reached out to the company and stated this from here say, well, that's just more proof that "journalism" is dead and extremely unprofessional on his part.For sure I was personally harmed by Mr. Gregory assertions. He never contacted me to get any information, and he is the person having ignited this fire.
I am truly puzzled.
Thank you very much, Porsche!if this Gregory fella never reached out to the company and stated this from here say, well, that's just more proof that "journalism" is dead and extremely unprofessional on his part.
good look with your dartzeel venture and welcome to the forum
Hope the party will be joyful!
welcome Herve, to What's Best Forum.
we are having a party in your honor.
best regards, Mike
+1As someone who purchased a set of new instruments back in October 2023 I welcome you to the forum. My instruments have given me joy in ownership and bulletproof reliability. Any inquiries to DarTZeel have been replied to promptly and directly by Herve’ himself. I look forward to the future with a new and revitalized DarTZeel.
Thanks for clarifying. From my post #190 - I don't know if Roy reached out to Dartzeel for comment prior to his WBF post. Journalists often do so prior to publication which gives the company an opportunity to respond in a thoughtful wayThank you very much, Porsche!
Quality post!I hadn't seen the rules. They were 5 year loans with a 2 year extension in case of potential hardship. They would have been granted mid 2020 at the earliest. So repayment would not be due until say mid 2025 at the earliest and up to 2027. It now being 2024 and DartZeel apparently not in production for some months, any such loan does not seem to be the issue.
The loans were up to 10% of turnover. Say DZ had a net margin of 20%, say 18% after tax. 10% of turnover is 2% for 5 years. Such a loan therefore would not have been very large and inability to repay suggests a problem with profits or cash flow. More questions, no answers.
Can @RoyGregory explain?
After 12 pages of discussion, there’s still no clear answer on whether darTZell is out of business or not. The only reasonable conclusion seems to be that darTZell is either on the brink of bankruptcy or has already gone under. If the company were doing fine, we’d have seen an immediate response from darTZell and its distributor, loudly denying the rumors. Instead, there’s silence and a long, vague statement full of nonsense. The bottom line is, any thriving company falsely accused of bankruptcy would be quick to shout, ‘That’s a lie!’
Alright, it’s been three business days—shouldn’t that be enough time for a company to clarify whether it’s still in business or not? You’re either continuing production or have shut the doors.This news broke on Tuesday. DarTZeel posted a reply shortly there after. I think they are entitled to a little time to further expound upon their statement and messaging.
Geez....it's only been 3 business days
Alright, it’s been three business days—shouldn’t that be enough time for a company to clarify whether it’s still in business or not?
Did you not read his initial statement?
Whether you choose to believe it or not is something else.
Do not accuse the man of not replying
Not only will the darTZeel brand continue to exist, but it will also change its paradigm by focusing on new concepts, which for now will remain undisclosed for obvious reasons.
What you need to know now are the following:
1. darTZeel is more alive than ever, and legendary customer service remains unchanged.
2. Current production of the NHB, CTH, and LHC series will now be made only on demand.
For existing customers: It is strongly advised not to sell off your darTZeel equipment on AudiogoN or elsewhere, because from now on, owning a darTZeel instrument is an investment.
3. A new line of instruments, aimed at a broader audience, is currently under study. Stay tuned!
darTZeel instruments are made in Geneva to last forever. Period.
FTX was a multi-billion dollar company on a Saturday, by the following Thursday it had gone bust!Unfortunately, in today's age of interwebs and continually breaking 24/7 news, companies are no longer allowed the time to craft a thoughtful and informative reply. They are expected to reply in a quick knee jerk fashion which often leads to making statements which sometimes do not fully convey what they are trying to say.
This news broke on Tuesday. DarTZeel posted a reply shortly there after. I think they are entitled to a little time to further expound upon their statement and messaging.
Geez....it's only been 3 business days
Mostly in restructuring. I would not even pay 10% if it is not in stock. Don’t think he is in any capacity to produce new equipment.Alright, it’s been three business days—shouldn’t that be enough time for a company to clarify whether it’s still in business or not? You’re either continuing production or have shut the doors.