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  #61  
Old 11-23-2017, 11:27 AM
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I'd have to say it lasted longer then I would have anticipated.

Rear estate over there is nutz right now, and they want everything to be commercial/ office/ residential high-rise. They keep trying to push all of the industrial out. That means high rents, etc., and really tough to make a go of it. Plus I suspect not many people in the vicinity are 'hands-on'; they just want places to sip lattes and do yoga.
Not just DC, but ALL of Tech Shop has gone under. Their website now auto-redirects to this announcement:

http://techshop.ws/techshop.pdf
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  #62  
Old 12-08-2017, 09:24 AM
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TechShop 2.0?
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  #63  
Old 12-08-2017, 10:41 AM
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Yessss!!!
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  #64  
Old 12-08-2017, 11:26 AM
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It's the new business model. Buy, actually finance, lots of expensive equipment, operate until minimal working capital runs out, declare bankruptcy. New owners (really the same owners in a different form) swoop in buy all the expensive equipment at huge discount and don't have bank payments consuming all of the working capital.

Call me a cynic!

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  #65  
Old 12-08-2017, 11:56 AM
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Works for toll roads like the Green Way too. Only people that get screwed are the first round investors.

Notton, what kind of things did you end up making beside the holder?
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  #66  
Old 12-08-2017, 05:41 PM
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Works for toll roads like the Green Way too. Only people that get screwed are the first round investors.
Iridium, too.

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