AM, Accurate Update, Modeling Madness...?

AM, Accurate Update, Modeling Madness...?

Post by EGMcCan » Fri, 07 Mar 2003 02:26:32



Hmm... Scott, maybe you can answer this -

Given the info on Modeling Madness now - what's the scoop? And what's the
relationship between AU (and the "will probably be going into bankruptcy"
mentioned not that long ago) and AM now?

This is getting confuzzling.... and given some of the stuff on AU, seeming
more like a bad soap opera...

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by F.X. Kranick, Jr » Fri, 07 Mar 2003 04:01:10


Quote:

> Hmm... Scott, maybe you can answer this -

> Given the info on Modeling Madness now - what's the scoop? And what's the
> relationship between AU (and the "will probably be going into bankruptcy"
> mentioned not that long ago) and AM now?

        I'm not 100% sure but this Bedford fella seems, to me, to be a
disgruntled former "actual" member of the original AM who can't use the
AM website and has some sort of huge chip on his shoulder (and anyone
else in his camp - perhaps it is only him).  Since no one except Mr.
Myers seems willing to actually spell out the situation and the AU site
seems a front to gain lost revenue from the original AM, I think I'll
watch Mr. Myers' developments a bit closer - his seems the road to follow.
        Go to the AU 'Mission Statement' and the 'About Us' pages - both are
prety light on substance, thin on fact and lack detail that may bring
the issues into sharper focus.

Quote:
> This is getting confuzzling.... and given some of the stuff on AU, seeming
> more like a bad soap opera...

        I got a kick out of the mailbox run-around.  Dirty laundry to be sure.
        Maybe the basis of a diorama?  Hehehe...

--
Frank
IPMS/USA 20352

"Watch it - I say - watch it fizz!"
               -   Foghorn Leghorn      
*****************************
Francis X. Kranick, Jr.
CAD Drafter/CAFM Administrator
University of Scranton
Scranton, PA  USA

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by Tom Hie » Fri, 07 Mar 2003 04:02:15


Quote:

> Hmm... Scott, maybe you can answer this -

> Given the info on Modeling Madness now - what's the scoop? And what's the
> relationship between AU (and the "will probably be going into bankruptcy"
> mentioned not that long ago) and AM now?

I hunted down this rumor three weeks ago when it surfaced here and
receieved a couple of e-mails from the Thomas Myers mentioned in the
recent news releases.

No connection whatsoever between the new AM, the former AM, or AU.

The guy at AU says he's in line with other creditors for money owed when
and if the assets of the company are sold. He had no knowledge of the new
AM when I forwarded the new GM's comments off ARC discussion page 2-3
weeks ago and was obviously quite surprized!

The new AM says they have legally secured rights to the name and tooling
and are, in fact, in production and have already distrubuted their first
two reissues. The first showed up on my local shop's shelves maybe 6-8
weeks ago. The GM left his phone number and e-mail on the ARC discussion
group and invited calls to him, their decal makers, suppliers, and others
they have contracts with to verify they are in business. Samples are being
built and catalog designed. It looks like this rumor is going to finally
be true.

Tom

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by EGMcCan » Fri, 07 Mar 2003 04:51:48


That helps make this clearer than mud.... <G> Thanks. And there did seem to
be a huge tone-shift on the AU site not too long ago (three updates or so?)


Quote:

> > Hmm... Scott, maybe you can answer this -

> > Given the info on Modeling Madness now - what's the scoop? And what's
the
> > relationship between AU (and the "will probably be going into
bankruptcy"
> > mentioned not that long ago) and AM now?

> I hunted down this rumor three weeks ago when it surfaced here and
> receieved a couple of e-mails from the Thomas Myers mentioned in the
> recent news releases.

> No connection whatsoever between the new AM, the former AM, or AU.

> The guy at AU says he's in line with other creditors for money owed when
> and if the assets of the company are sold. He had no knowledge of the new
> AM when I forwarded the new GM's comments off ARC discussion page 2-3
> weeks ago and was obviously quite surprized!

> The new AM says they have legally secured rights to the name and tooling
> and are, in fact, in production and have already distrubuted their first
> two reissues. The first showed up on my local shop's shelves maybe 6-8
> weeks ago. The GM left his phone number and e-mail on the ARC discussion
> group and invited calls to him, their decal makers, suppliers, and others
> they have contracts with to verify they are in business. Samples are being
> built and catalog designed. It looks like this rumor is going to finally
> be true.

> Tom

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by Mike » Fri, 07 Mar 2003 07:32:34


Quote:

> Given the info on Modeling Madness now - what's the scoop?

The only thing I care about is who I can and who I can't buy kits from,
preferably good ones.

--
Mike Dougherty
Toronto, Ontario
CANADA

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by Mike » Fri, 07 Mar 2003 07:48:01


Quote:

> No connection whatsoever between the new AM, the former AM, or AU.

> The new AM says they have legally secured rights to the name and tooling

  I find this rather dishonest. If they have no other connection to AM
other than buying the name and tooling then they should use a different
name. I realize the brand recognition aspect of using it(as limited as
that is) but I don't agree with using someone else's reputation to sell
kits. If they end up making  excellent new kits and have great customer
service then I suppose the point it moot but I'd still rather see them
use a different name and just label the old AM kits as being so.

--
Mike Dougherty
Toronto, Ontario
CANADA

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by Art Murra » Fri, 07 Mar 2003 09:20:50


Mike,

It's done all the time in business where there are bankruptcies or other
business reorganizations ahead of bankruptcy.  You are correct in guessing
that "brand recognition" is the key.

The statement "no connection whatsoever between the new Am, the former
AM..." is misleading, if not totally incorrect.  There have to be agreements
on disposition of assets including existing inventory (e.g. sprues,
packaging, directions, etc.), equipment (e.g. molds),intellectual property
(e.g. name copyrights, designs, drawings, patterns, etc.).  The "New
Accurate" didn't just pop up out of thin air.  It is a continuation of the
previous product line under a new legal entity and structure that  probably
is separate from the old.  (I say "probably" because absent a bankruptcy
there have got to be some tenuous agreements between "old", "new" and the
creditors holding this thing together.)  However, there has to be
co-operation and assimilation between the "old" and the "new" for the "new"
to come into being.  If the "old" actually files or is forced into
bankruptcy, that will become even more true. In fact, it sounds as though
much of this is being done under the imminent threat of a Bankruptcy Code
Chap. 7 Forced Liquidation.

AU appears to be an entirely different matter of dubious mental soundness.

Art


Quote:

> > No connection whatsoever between the new AM, the former AM, or AU.

> > The new AM says they have legally secured rights to the name and tooling

>   I find this rather dishonest. If they have no other connection to AM
> other than buying the name and tooling then they should use a different
> name. I realize the brand recognition aspect of using it(as limited as
> that is) but I don't agree with using someone else's reputation to sell
> kits. If they end up making  excellent new kits and have great customer
> service then I suppose the point it moot but I'd still rather see them
> use a different name and just label the old AM kits as being so.

> --
> Mike Dougherty
> Toronto, Ontario
> CANADA

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by pchoun » Fri, 07 Mar 2003 09:57:39


Here's a link to an AM letter sent to Scott Van Aken that he's sharing on
the Modeling Madness site:

http://modelingmadness.com/ads/advert%20stuff/aminfopage5mar.htm

Rick


Quote:
> Hmm... Scott, maybe you can answer this -

> Given the info on Modeling Madness now - what's the scoop? And what's the
> relationship between AU (and the "will probably be going into bankruptcy"
> mentioned not that long ago) and AM now?

> This is getting confuzzling.... and given some of the stuff on AU, seeming
> more like a bad soap opera...

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by EGMcCan » Fri, 07 Mar 2003 13:10:45



Quote:
> Here's a link to an AM letter sent to Scott Van Aken that he's sharing on
> the Modeling Madness site:

That's the one that started the question, I believe...
 
 
 

AM, Accurate Update, Modeling Madness...?

Post by David Flemin » Fri, 07 Mar 2003 23:42:28


On Wed, 05 Mar 2003 14:01:10 -0500, "F.X. Kranick, Jr."

Quote:


>> Hmm... Scott, maybe you can answer this -

>> Given the info on Modeling Madness now - what's the scoop? And what's the
>> relationship between AU (and the "will probably be going into bankruptcy"
>> mentioned not that long ago) and AM now?

>    I'm not 100% sure but this Bedford fella seems, to me, to be a
>disgruntled former "actual" member of the original AM who can't use the
>AM website and has some sort of huge chip on his shoulder (and anyone
>else in his camp - perhaps it is only him).  Since no one except Mr.
>Myers seems willing to actually spell out the situation and the AU site
>seems a front to gain lost revenue from the original AM, I think I'll
>watch Mr. Myers' developments a bit closer - his seems the road to follow.
>    Go to the AU 'Mission Statement' and the 'About Us' pages - both are
>prety light on substance, thin on fact and lack detail that may bring
>the issues into sharper focus.

Alternatively, look at the AU message board - they've started trading
insults now!

Dave

FROM ADDRESS HAS SPAM TRAP - CLICK REPLY TO EMAIL

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by Tom Hie » Fri, 07 Mar 2003 23:43:37


Quote:

> The statement "no connection whatsoever between the new Am, the former
> AM..." is misleading, if not totally incorrect. There have to be agreements
> on disposition of assets including existing inventory (e.g. sprues,
> packaging, directions, etc.), equipment (e.g. molds),intellectual property
> (e.g. name copyrights, designs, drawings, patterns, etc.).  The "New
> Accurate" didn't just pop up out of thin air.  It is a continuation of the
> previous product line under a new legal entity and structure that  probably
> is separate from the old.  (I say "probably" because absent a bankruptcy
> there have got to be some tenuous agreements between "old", "new" and the
> creditors holding this thing together.)  However, there has to be
> co-operation and assimilation between the "old" and the "new" for the "new"
> to come into being.  If the "old" actually files or is forced into
> bankruptcy, that will become even more true. In fact, it sounds as though
> much of this is being done under the imminent threat of a Bankruptcy Code
> Chap. 7 Forced Liquidation.

I don't consider it misleading or untrue. Its not desputed they are using
the old tooling, name, and name recognition as the basis for the endevour.
The company- owners, employees, facilities, business plan, future plans
and contracts appears to have no connection to the former company. Its not
a simple case of new owners or management. I don't see cooperation with
people holding assets or a resessitation of a dead name and product line
making this untrue.

Tom

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by F.X. Kranick, Jr » Sat, 08 Mar 2003 00:08:53


Quote:

> Alternatively, look at the AU message board - they've started trading
> insults now!

        This is turning out to be worse than a soap opera.  I plan on not tuning
in anymore to the AU site since they seem to not be players in the game
anymore.

--
Frank
IPMS/USA 20352

"Watch it - I say - watch it fizz!"
               -   Foghorn Leghorn      
*****************************
Francis X. Kranick, Jr.
CAD Drafter/CAFM Administrator
University of Scranton
Scranton, PA  USA

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by Tom Hie » Sat, 08 Mar 2003 00:34:44



Quote:
> This is turning out to be worse than a soap opera.  I plan on not tuning
> in anymore to the AU site since they seem to not be players in the game
> anymore.

Three weeks ago the guy at AU was totally and completely unaware of their
existance and thought all the kits hitting the shops and mail order houses
had to be old stock.

Tom

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by Bill Wecke » Sat, 08 Mar 2003 00:42:45


I have a PACER account with the US Bankruptcy Court.  Give me the names,
locations, dba's etc... and I'll see if they've filed a bankruptcy petition.
Would be interesting to see what's really going on...

Bill


Quote:
> Mike,

> It's done all the time in business where there are bankruptcies or other
> business reorganizations ahead of bankruptcy.  You are correct in guessing
> that "brand recognition" is the key.

> The statement "no connection whatsoever between the new Am, the former
> AM..." is misleading, if not totally incorrect.  There have to be
agreements
> on disposition of assets including existing inventory (e.g. sprues,
> packaging, directions, etc.), equipment (e.g. molds),intellectual property
> (e.g. name copyrights, designs, drawings, patterns, etc.).  The "New
> Accurate" didn't just pop up out of thin air.  It is a continuation of the
> previous product line under a new legal entity and structure that
probably
> is separate from the old.  (I say "probably" because absent a bankruptcy
> there have got to be some tenuous agreements between "old", "new" and the
> creditors holding this thing together.)  However, there has to be
> co-operation and assimilation between the "old" and the "new" for the
"new"
> to come into being.  If the "old" actually files or is forced into
> bankruptcy, that will become even more true. In fact, it sounds as though
> much of this is being done under the imminent threat of a Bankruptcy Code
> Chap. 7 Forced Liquidation.

> AU appears to be an entirely different matter of dubious mental soundness.

> Art




> > > No connection whatsoever between the new AM, the former AM, or AU.

> > > The new AM says they have legally secured rights to the name and
tooling

> >   I find this rather dishonest. If they have no other connection to AM
> > other than buying the name and tooling then they should use a different
> > name. I realize the brand recognition aspect of using it(as limited as
> > that is) but I don't agree with using someone else's reputation to sell
> > kits. If they end up making  excellent new kits and have great customer
> > service then I suppose the point it moot but I'd still rather see them
> > use a different name and just label the old AM kits as being so.

> > --
> > Mike Dougherty
> > Toronto, Ontario
> > CANADA

 
 
 

AM, Accurate Update, Modeling Madness...?

Post by F.X. Kranick, Jr » Sat, 08 Mar 2003 01:59:20


Quote:


> Three weeks ago the guy at AU was totally and completely unaware of their
> existance and thought all the kits hitting the shops and mail order houses
> had to be old stock.

> Tom

Tom -
        I certainly don't doubt you or the AU fellow's claim but it seems
strange that these folks (AU), who claim to seek out and channel
information about any and all Accurate Miniatures activities, would be
unaware of a revamped AM rising from the ashes and producing previously
offered kits again.  Perhaps they dropped the ball, have no say in the
situation (my guess),weren't as interested as they claim or have other
agendas.
        Reading about individuals removing mail from other's mailboxes doesn't
interest me and visits from men intimidating other's wifes and families
belong in police reports.  It's still unclear, to me, just what AU is,
what they want and what they think they can accomplish.  I get the
distinct impression they (or it could be just one!) are on the outside
looking in and are banging on the door since they're out of the loop,
wanting in.  The latest barbs on the AU forum don't help matters either.
        Just who owns what parts of old AM, new AM or AU, to me, doesn't
matter.  What matters is quality product, not selling soap flakes.  Like
  it's been said many other times in many other venues, these guys
should take it offline.

--
Frank
IPMS/USA 20352

"Watch it - I say - watch it fizz!"
               -   Foghorn Leghorn      
*****************************
Francis X. Kranick, Jr.
CAD Drafter/CAFM Administrator
University of Scranton
Scranton, PA  USA