little Raymond's auction

[blue moon]

does anybody know what's going on with them? are they closing?

pierre

[Sbrem]

I was stunned when I saw the vastness of the equipment going up for auction. Aren't they too big to fail?

Steve

[inkman996]

Nevermind

[Ron Pierson]

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..........

[mk162]

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?

[blue moon]

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

[blue moon]

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

[mk162]

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?

[GraphicDisorder]

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.

[blue moon]

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?

[inkman996]

Going to place bids on a bunch of things, might win one or two. Shipping may be a deal breaker tho

[ericheartsu]

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.

[mk162]

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.

[Sbrem]

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

[inkman996]

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.