Krell Moves to new location

@bulldogger, 

Based on your above post, I emailed Wil Buhler from the JF Bicking & Co. who is representing KRELL INDUSTRIES the following:

"As per an Audiogon forum post, in addition to the news you are providing to Stereophile, KRELL INDUSTRIES should SEND out a press release and include it on your web site.  Krell should also email all its customers, retailers, vendors, with this news.  In summary, KRELL INDUSTRIES should prioritize effective communication to enhance brand visibility and goodwill. A press release detailing recent developments and product launches is essential, alongside direct emails to customers, retailers, and vendors".

My email was sent on Wednesday, December 18th and I have not received a response.   As I said before, it is VERY disappointing that KRELL INDUSTRIES is not communicating with their customers, retailers or vendors. I have no clue what is going on at KRELL INDUSTRIES.

It’s a master class in exactly how not to handle a corporate crisis situation. 

@soix,

+1,000, "It’s a master class in exactly how NOT to handle a corporate crisis situation".  

Assuming the principals even intend to resume business in its current form.

The Buelher character blames Krell’s prolonged closure on some judicial process and claims the court’s permission is necessary to reopen the doors (and start returning gear to owners).

Usually probate courts aim to maintain the value of assets winding their way through the process. For instance, if the asset were a chicken farm, the court would allow the chickens to be fed, the eggs collected, etc. all actions necessary to maintain the asset value of the business.

But here, we have Krell allegedly being kept under court-ordered closure, allegedly forbidden to get anything into or out of its premises, ensuring its income is reduced to zero and severely jeopardizing its value as an ongoing concern. Makes sense.

What makes sense is your astute observations.