Cheese wrote: |
| WHAT? This can't be, this simply can't be. Will the products still be produced under the LGB name or the Marklin name? Oh this is simply terrible. Cheese |
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Cheese, where have you been? To quote Jerry Garcia "What a long strange trip its been"
The Fat Lady has not only sung, she has left the building and the roadies are breaking down the set!
This insolvency has been going on since September last year, with other events going back almost 2 years or more.
You didnt know about the alleged rumors of cash flow problems at EPL?
You didnt hear about the now infamous "firesale" at last years open house where EPL apperently sold off the family jewels, namely the model train archives at apparently rock bottom prices ?
You didnt know that EPL allegedly transfered, sold, or gave (no one is sure what really happened) its trademarks, patents, and allegedly a great deal of merchandise and tooling to LGBof America shortly before the banks called in a loan on EPL triggering the insolvency proceedures?
Theres more too, alot more, just search the GR forum, go to Mylargescale.com or largescalecentral.com, do a search for LGB on the public or general discussion forums, and read up on it. Fascinating reading.