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General => General Discussion and ??? => Topic started by: blue moon on August 03, 2021, 06:41:58 AM

Title: little Raymond's auction
Post by: blue moon on August 03, 2021, 06:41:58 AM
does anybody know what's going on with them? are they closing?

pierre
Title: Re: little Raymond's auction
Post by: Sbrem on August 03, 2021, 09:10:59 AM
I was stunned when I saw the vastness of the equipment going up for auction. Aren't they too big to fail?

Steve
Title: Re: little Raymond's auction
Post by: inkman996 on August 03, 2021, 09:14:49 AM
Nevermind
Title: Re: little Raymond's auction
Post by: Ron Pierson on August 03, 2021, 09:18:54 AM
Anyone can go down - anytime, even in a "normal" business environment (pre COVID).
These days and times are not normal in any way. I wish any of us a good future but it will continue to be challenging.

It happened to us..........
Title: Re: little Raymond's auction
Post by: mk162 on August 03, 2021, 09:21:08 AM
I heard they are restructuring and leaving another one of their facilities open.  Could be wrong.

Didn't they have another facility close when they were printful?
Title: Re: little Raymond's auction
Post by: blue moon on August 03, 2021, 09:23:01 AM
Anyone can go down - anytime, even in a "normal" business environment (pre COVID).
These days and times are not normal in any way. I wish any of us a good future but it will continue to be challenging.

It happened to us..........
Hey Ron!
Did you close?
Thanx,
Pierre
Title: Re: little Raymond's auction
Post by: blue moon on August 03, 2021, 09:24:23 AM
I heard they are restructuring and leaving another one of their facilities open.  Could be wrong.

Didn't they have another facility close when they were printful?
They were ooshirts, then bought or renamed or changed directions.
Looks like equipment from both production facilities is going.
Pierre
Title: Re: little Raymond's auction
Post by: mk162 on August 03, 2021, 09:28:08 AM
I heard they are restructuring and leaving another one of their facilities open.  Could be wrong.

Didn't they have another facility close when they were printful?
They were ooshirts, then bought or renamed or changed directions.
Looks like equipment from both production facilities is going.
Pierre

That's right, it's hard to keep track of everything.

You going shopping?
Title: Re: little Raymond's auction
Post by: GraphicDisorder on August 03, 2021, 09:30:15 AM
I was stunned when I saw the vastness of the equipment going up for auction. Aren't they too big to fail?

Steve

Nobody is too big to fail if money is mismanaged.
Title: Re: little Raymond's auction
Post by: blue moon on August 03, 2021, 09:30:22 AM
I heard they are restructuring and leaving another one of their facilities open.  Could be wrong.

Didn't they have another facility close when they were printful?
They were ooshirts, then bought or renamed or changed directions.
Looks like equipment from both production facilities is going.
Pierre

That's right, it's hard to keep track of everything.

You going shopping?
Was thunking about it, but no $$$. Spent it all on the DTG line. The embroidery machines are tempting though!
You?
Title: Re: little Raymond's auction
Post by: inkman996 on August 03, 2021, 09:33:52 AM
Going to place bids on a bunch of things, might win one or two. Shipping may be a deal breaker tho
Title: Re: little Raymond's auction
Post by: ericheartsu on August 03, 2021, 09:35:25 AM
i've been watching this for a while now. and as it's gotten closer to the auction, understandbly folks are super pumped about this auction.

I suspect things are going to sell for a ton more than needed, because equipment manufacturers are so backed up right now.
Title: Re: little Raymond's auction
Post by: mk162 on August 03, 2021, 09:40:16 AM
I was stunned when I saw the vastness of the equipment going up for auction. Aren't they too big to fail?

Steve

Nobody is too big to fail if money is mismanaged.

Ain't that the truth.
Title: Re: little Raymond's auction
Post by: Sbrem on August 03, 2021, 10:35:57 AM
I was stunned when I saw the vastness of the equipment going up for auction. Aren't they too big to fail?

Steve

Nobody is too big to fail if money is mismanaged.

Unless you're an automaker anyway. I've been to a couple of large auctions and it was amazing to me that it could all come down so fast. But, after a few more years under my belt, it made sense.

Steve
Title: Re: little Raymond's auction
Post by: inkman996 on August 03, 2021, 11:11:28 AM
Been to a few machine shop auctions. Huge operations, amazing to see sinlge machines worth more than all our business have selling and dozens more on the block.