I had great respect for Jim and his speakers, and I got to speak with him at length years ago and he was a true gentleman. I just can't understand why he didn't groom someone else to take over to grow his legacy into the future and avoid this exact situation from occurring. Unless maybe the business was suffering and no one was interested? Sad all around.
More Bad News AT Thiel
According to Ted at Strat-Ta-Gee.com Thiel is on the verge of closing. According to the Chief Engineer who was let go Dennis Crosson Thiel is done. Upper management has denied this and stated they are planning to move into the next phase. Very confusing. Looks like Classe all over again. Very interesting article on what's going on.