avecigrec
Well-Known Member
Hell, my wife would kill me even if she knew it was in good financial straight.
^ This.
Hell, my wife would kill me even if she knew it was in good financial straight.
I woke up this morning and realized that if my girlfriend realized I had $1000 worth of pre orders tied to a record club that’s potentially in dire financial straights , she’d kill me. I canceled all my pre orders. I’ll buy the sets once I have confirmation that they are shipping .
Yeah, it’s just absurd. I’ll keep my sub but I pre ordered Impulse almost two years ago. I’m not even sure if my cc company would help mitigate any losses if VMP went belly up.
I’m keeping my sub for the time being .
Yes I only have two preorders still waiting because I got them for 40% off AND I used entirely referral credits for them. Otherwise would have cancelledIf they come in stock and i can get them 40% off again, ill go back for em. Thats literally only reason people are keeping the preorders and not bitching more “well, it was 40% off, ill wait a lil longer”
Yes I only have two preorders still waiting because I got them for 40% off AND I used entirely referral credits for them. Otherwise would have cancelled
I thought you could cancel membership and still receive what you’ve already orderedYes I only have two preorders still waiting because I got them for 40% off AND I used entirely referral credits for them. Otherwise would have cancelled
I’d say it’s pretty clear that the person writing and approving this magazine article thought that VMP owned it. I’d bet that VMP does not in fact own ALL of the plant, and board didn’t like their own money being spent by Cam for 3 years with no benefit to them. And in actuality, it’s been worse for them to be tied to the plant given all the delays, people cancelling preorders, projects being pulled from other plants because of promises to be pressed at VMpressing, etc. that’s how the complaint reads to me anyway…will be interesting to see the VMPressing side of the story.Anyway, its pretty clear from this alone that the guys at VMP were under the same assumption we were, that this was a VMP owned facility.
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I have my year long membership through November I think. Can’t cancel and get a refund on a membership. I have Impulse and I think one other item on preorder with the 40% off and used full store credit on it. So if those never come to fruition, I spend nothing on them. It was all member referral credit, not swap credit.I thought you could cancel membership and still receive what you’ve already ordered
Probably not bankrupt but they certainly flew too close to the sun. It’s clear they took on the adage ‘if you’re not growing, you’re dying’ and it backfired. Plenty of labels do fine just existing, I think they need to scale back closer to that model.For some reason people take this suit as VMP is going bankrupt. I truly doubt they are. They likely just want out of the plant now
You can. You don’t have to be an active member to receive what you paid for.I thought you could cancel membership and still receive what you’ve already ordered
I just think half their board didn’t want the plant to begin with. Then when the board realized that more and more money was being sunk into the plant for 3 years without it ever opening, they probably tried to find a way to get out of it. selling stuff pressed at their plant before it’s up and running was a bad idea tooProbably not bankrupt but they certainly flew too close to the sun. It’s clear they took on the adage ‘if you’re not growing, you’re dying’ and it backfired. Plenty of labels do fine just existing, I think they need to scale back closer to that model.
This seems likely and is also why the complaint seems full of holes, because it’s weak sauce. The lawyers are probablyI just think half their board didn’t want the plant to begin with. Then when the board realized that more and more money was being sunk into the plant for 3 years without it ever opening, they probably tried to find a way to get out of it.
Oh I doubt it ever goes to court. Will be interesting to see what happens to the plant…This seems likely and is also why the complaint seems full of holes, because it’s weak sauce. The lawyers are probably
Hoping to settle without going to court.
Ends up getting sold to Turd Man?Oh I doubt it ever goes to court. Will be interesting to see what happens to the plant…
Why can’t it be gz? Miles was gzNot sure how they will make money on this Impulse box. They spent three years working on it, bet they could control manufacturing and pressing costs with their "own" plant and now they will have to press the records somewhere else (it can't be GZ so will have to be an expensive pressing plant) and sell it to customers who bought this with a 40% discount.
Why can’t it be gz? Miles was gz