Just posted on WBF.
“Hello, everyone. This is my first post on What's Best because I want you to know what is happening at Audio Research. Some of you know me since I was hire by Bill Johnson at Audio Research in 1989. I left for a few years and returned to ARC in 1996.
We will be posting a statement on the Fans of Audio Research's FB page, and also the company's FB page as this seems the fastest way to get the facts out.
Nathanu's post is correct. What almost no one seems to realize is that Audio Research has been running since the assignment was filed on April 4th, almost four weeks ago. That was a week and a half before AXPONA, where our VP Sales (Allan Haggar) worked with Quintessence Audio (REF10, REFPH10, 160M MkII). We are staffed, with customer service answering the phone, the service department is repairing products, production is building new products, we are receiving parts, our sales department continues to accept orders, and our shipping department is shipping parts and product orders along with service work.
Trent Suggs was relieved of control of Audio Research. We have been working with individuals who want to purchase the company, and I expect that we will have a new owner within the week. There will be continuity as production, engineering, purchasing, service, and critical personnel will remain working for Audio Research. Warren Gehl, too.
I am writing this quickly as there are a lot of things to attend to immediately. Thanks to Mike for sending me this link to this so I could respond”