Loud! Technologies in twubble..

[GAR]

http://idea.sec.gov/Archives/edgar/data/946815/000095013409001633/v51343e8vk.htm

Ampeg goin' belly up?

[GAR]

Loud! bought St. Louis Music for.. alot of money, back in about '06.

What happened is their main electronics contractor held em hostage over increased parts costs. Loud! doesn't give in.. and couldn't file their SEC 3rd quarter reports, so instead of a whopper of a penalty Loud! settled by self-delisting offa the Nasdaq board!

Trading at one point about a year ago, a high of fifteen bucks and averaging ten, it's now down to TEN CENTS A SHARE

I don't know about this: I've never seen such a situation occur with such a huge conglomerate music instrument company.

They own: Mackie, Crate, Ampeg and many others you'd recognise if you'd ever tromped thru a music shop.

What a price! talk about your "ten cents on the dollar" this is more like one penny on the dollar!

[GAR]

What that means is, for a company with 200 million in sales on any good year, you could really make a mint when the stock bumps back up!

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[ELVIS]

Hmmm...

I wonder if Fender will buy them out ??

[GAR]

Who cares? You got about a week or two before the delisting goes thru and Loud stocks go off the Nasdaq listing.

$100 buys one thousand shares! You know how strong all those brands are!!!

I bank with ShitiBank which merged with or bought up SmithBarney. I should look into seeing if I can just specify LTEC shares=1,000 with a simple deposit!

Cool huh? And you never thought you'd own a Crate product in yer life!

[GAR]

Shit - it went up a nickel today at closing!

http://finance.yahoo.com/q/is?s=ltec

If anyone of you bought 100,000 shares at ten cents and sell tomorrow for twenty you owe me lunch for the tip.

I'd guess it will creep its' way back up to 5 bucks by June, then back to normal after they fix their offshore sourcing problem.

I think there's confusion about Loud because 75&#37; of stock is insider-owned and the balance is mostly institutionally-owned. And nobody really knows who Loud is - they were formed to buy out St Louis Music and Distribution Co's and merge all their collective brands together, selling off the distribution company as an empty eggshell which they've done.

[GAR]

Nail it before 12:15pm EST!

TODAY 2/13/2009

Still at .15.. fifteen cents! They ditched their ceo but bumped up the cfo to ceo, ho that don't look good.

Asian contract manufacturer stitching those Ampegs and Mackies together bailed on em, told 'em to go fuck themselves due to cost overruns not being covered.. Loud sticking to their guns?

Are they saying FU back to the factory? If they do that, they won't get their jigs and tooling back, the Chinks will just send it to scrap metal buyer.

That will set them back 6 months.
If they get their tooling back, the company claims 2 months delay only.

Oh, the drama! Lo, the financials.. the Mutual Funds don't go for drama BUY NOW

If you are a guitar player, the benchmark amp and cabinet is Marshall.. if all this was going on with Marshall you'd say "this bullshit won't stop anyone who needs a 100w tube head from wanting Marshall, they'll just wait till the store gets new shit"

This is what's happening to Ampeg. If you're a bass player and you want the ultimate tube head, you save your whole life to get an Ampeg SVT 300w tube head.

Now! If I can only cash in all these aluminum cans outside my trailer and deposit into my Citibank account before noon.. I should be able to buy at least 500 shares.

[GAR]

Nail it before 12:15pm EST!

TODAY 2/13/2009

Still at .15.. fifteen cents! They ditched their ceo but bumped up the cfo to ceo, ho that don't look good.

Asian contract manufacturer stitching those Ampegs and Mackies together bailed on em, told 'em to go fuck themselves due to cost overruns not being covered.. Loud sticking to their guns?

Are they saying FU back to the factory? If they do that, they won't get their jigs and tooling back, the Chinks will just send it to scrap metal buyer.

That will set them back 6 months.
If they get their tooling back, the company claims 2 months delay only.

Oh, the drama! Lo, the financials.. the Mutual Funds don't go for drama BUY NOW

If you are a guitar player, the benchmark amp and cabinet is Marshall.. if all this was going on with Marshall you'd say "this bullshit won't stop anyone who needs a 100w tube head from wanting Marshall, they'll just wait till the store gets new shit"

This is what's happening to Ampeg. If you're a bass player and you want the ultimate tube head, you save your whole life to get an Ampeg SVT 300w tube head.

Now! If I can only cash in all these aluminum cans outside my trailer and deposit into my Citibank account before noon.. I should be able to buy at least 500 shares.

[GAR]

http://finance.yahoo.com/echarts?s=LTEC#chart1:symbol=ltec;range=1d;indicat or=volume;charttype=line;crosshair=on;ohlcvalues=0 ;logscale=on;source=undefined

15 cents! 52 week high of 15 bucks - get in or get fucked!

[GAR]

Hmmm...

I wonder if Fender will buy them out ??

They just bought out Groove Tubes! And FMIC are fuckin' BROKE from really, really bad sales.

What would they do with Ampeg, push 'em into the another corner of the Kaman warehouse that's already packed to the rafters with crap that ain't moving?

Aspen Pittman was happier than.. well he was pretty happy about it.

All last year they've been moving, throwing away stuff.. setting up new workspace in Ontario and firing alot of fatass lazy motherfuckers in Sylmar that won't work, they steal shit, break stuff, show up fuckin' late to work all the time.. FUCK Sylmar.

Fender's got no room. Plus, that would be like buying Peavey - since Fender Amp division are such knowitalls :coughEVHnotsellingcough: and that *wonderful* design they did with the Bassman 300 svt-killer that couldn't punch its way out of a paper bag, I don't see Fender as even having the capacity for interest in LOUD.

But one thing that would have made it difficult for Fender to buy Loud is St. Lous Music Marketplace, their inhouse distribution company that Loud said it would sell off if they bought St Louis successfully.

They gave it to a midwest brasswinds company. That would make it easier for FMIC to take LTEC on..

[GAR]

Form 8-K for LOUD TECHNOLOGIES INC

2-Feb-2009

Other Events


Item 8.01 Other Events.

Audit Committee Investigation
On March 31, 2008, LOUD Technologies, Inc. (the "Company") filed an Annual Report on Form 10-K for the year ended December 31, 2007 (the "2007 10-K"). The 2007 10-K as originally filed did not include a report on management's evaluation of the effectiveness of internal control over financial reporting as of December 31, 2007, as required under Rules 13a-15 and 15(d)-15 under the Securities Exchange Act of 1934 (the "Exchange Act"). A comment letter received from the staff of the Securities & Exchange Commission ("SEC") in July 2008 noted this deficiency and requested the Company to amend the 2007 10-K to include the required disclosure regarding management's evaluation of the effectiveness of internal control over financial reporting. As a result of the initial SEC comment letter, the Company filed Amendment No. 2 to the 2007 10-K on July 25, 2008 (the "2007 10-K Amendment"), which included management's report on the effectiveness of the Company's internal control over financial reporting. After filing the 2007 10-K Amendment, the Company received a second comment letter from the staff of the SEC which questioned the conclusion of Company management set forth in the 2007 10-K Amendment that the Company's disclosure controls and procedures were effective as of the end of 2007, in light of the Company's failure to include management's report on internal controls over financial reporting in the 2007 10-K when it was originally filed.
As a result of an internal review after the Company filed the 2007 10-K Amendment, the Company's management and board of directors determined that appropriate procedures were not followed to ensure adequate internal review of the 2007 10-K Amendment before it was filed with the SEC. In addition, that review raised questions about whether the steps previously taken to document and test the Company's internal control over financial reporting had been sufficient to support a conclusion that such internal control over financial reporting was effective as of the end of 2007.
As a result of concerns identified in the Company's internal review, the audit committee of the Company's board of directors commenced an independent investigation of the Company's disclosures relating to internal control over financial reporting and disclosure controls and procedures contained in the 2007 10-K, the 2007 10-K Amendment, and the Company's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2008 and June 30, 2008 (the "Previously Filed 2008 10-Qs"). The investigation was conducted with the assistance of outside legal counsel. The investigative work included, among other things: reviewing hard copy and electronic files obtained from the Company and other sources; and conducting interviews with directors, with present and former members of senior management, with former outside counsel and with representatives of the Company's independent registered public accounting firm. In connection with its investigation, the members of the audit committee periodically met telephonically with the audit committee's counsel and the Chairman of the audit committee periodically communicated with the audit committee's counsel.
The audit committee investigation was recently concluded. The key findings of the investigation were that:
� former management of the Company, and in particular the Company's former Chief Financial Officer, apparently misunderstood the application of the SEC's rules relating to management assessment of the effectiveness of internal control over financial reporting to registrants that, like the Company, are neither large accelerated filers nor accelerated filers;

� as a consequence, the Company's former management did not complete its evaluation of the Company's internal control over financial reporting and failed to include the required report on the effectiveness of internal control over financial reporting in the 2007 10-K;

� after the Company received the SEC comment letter that noted the Company's failure to include the required management report on internal control in the 2007 10-K, the Company's former Chief Financial Officer caused the 2007 10-K Amendment to be prepared and filed, without involving the Company's former Chief Executive Officer, the Company's board of directors, the audit committee of the Company's board of directors or the Company's independent registered public accounting firm in the preparation or review of that filing;

� the conclusions of former management, as disclosed in the 2007 10-K Amendment and the Form 10-Q for the quarter ended June 30, 2008, that the Company's internal control over financial reporting was effective lacked an adequate basis due to the failure of former management to complete the review and testing necessary to fully evaluate the effectiveness of the Company's internal control over financial reporting;

� the statements in the 2007 10-K Amendment and the Previously Filed 2008 10-Qs that management had concluded the Company's disclosure controls and procedures were effective as of the end of the quarterly periods covered by such reports were not supported in light of the substantive and procedural deficiencies relating to the 2007 10-K and the 2007 10-K Amendment described above.

The Chief Executive Officer and the Chief Financial Officer who were responsible for the filing of the 2007 10-K and the 2007 10-K Amendment left the Company on August 15, 2008 and July 25, 2008, respectively.
In connection with the audit committee's investigation, the investigators made certain recommendations for improvements in both the Company's disclosure controls and procedures and its internal control over financial reporting. The principal recommendations were that the Company:
� develop a plan for completion of management's evaluation and assessment of the Company's internal control over financial reporting;

� make corrective filings amending the 2007 10-K and the Previously Filed 2008 10-Q's;

� to the extent the Company is legally required to do so in light of its recent decision to deregister its common stock under the Exchange Act, implement procedures to remedy the deficiencies in its disclosure controls and procedures; and

� to the extent such obligations remain relevant in light of the Company's decision to deregister its common stock under the Exchange Act institute training for the Company's financial managers regarding the Company's reporting obligations under the Exchange Act.

2008 Third Quarter 10-Q
As of the date of this report, the Company has not filed its Quarterly Report on Form 10-Q for the three months ended September 30, 2008 (the "2008 Third Quarter 10-Q"). The Company originally intended to complete and file the 2008 Third Quarter 10-Q after the audit committee investigation was completed. However, the Company recently determined that it will be unable to complete and file the 2008 Third Quarter 10-Q until it has made the corrective filings to the 2007 10-K and the 2008 10-Qs that are referred to above.
NASDAQ Delisting and SEC Deregistration As disclosed in a Current Report on Form 8-K filed by the Company on January 15, 2009 (the "January 15, 2009 8-K") and a related press release, the Company's board of directors has determined to cause the Company to voluntarily delist the Company's common stock from The NASDAQ Stock Market ("NASDAQ") and to terminate the registration of the Company's common stock under the Exchange Act. As noted in the January 15, 2009 8-K, the Company expected to file the 2008 Third Quarter 10-Q and make the corrective filings to the 2007 10-K and the Previously Filed 2008 10-Qs prior to filing a Form 25 with the SEC to effect the voluntary delisting from NASDAQ. However, the Company recently determined that it will be required to perform additional procedures relating to the evaluation of the effectiveness of its internal control over financial reporting at December 31, 2007 before it can make the corrective filing to the 2007 10-K. Moreover, as indicated above, the Company will be unable to complete and file its 2008 Third Quarter 10-Q until the corrective filings to the 2007 10-K and the Previously Filed 2008 10-Qs have been made. The Company is in the process of developing a plan for completing the evaluation of its internal control over financial reporting at December 31, 2007 so that it can make the corrective filing to the 2007 10-K, and thereafter make the corrective filings to the Previously Filed 2008 10-Qs and file the 2008 Third Quarter 10-Q. The Company currently intends to complete the 2007 internal control evaluation, make the corrective filings to the 2007 10-K and the Previously Filed 2008 10-Qs, and file the 2008 Third Quarter 10-Q by late February or

early March 2009, at which time it expects to proceed with the delisting from NASDAQ and the deregistration of its common stock under the Exchange Act. However, no assurance can be made that these filings will be completed in that time frame and, as disclosed below, the Company's common stock may be involuntarily delisted before it can complete all the necessary filings.
On November 24, 2008, the Company filed a current report on Form 8-K (the "November 24, 2008 8-K") disclosing that it had received a notice from the NASDAQ indicating that the Company was not in compliance with NASDAQ Marketplace Rule 4310(c)(14) because it did not file the 2008 Third Quarter 10-Q by the prescribed due date. The November 24, 2008 8-K indicated that the Company expected to file the 2008 Third Quarter 10-Q by January 20, 2009, which was the deadline for regaining compliance with Rule 4310(c)(14), and that it expected in the alternative to file a plan to regain compliance NASDAQ's reporting requirements by January 20, 2009 if it was unable to file the 2008 Third Quarter 10-Q by such date. Due to uncertainties about what steps the Company would have to take in order to be in a position to file the 2008 Third Quarter 10-Q, the Company was unable to either file the 2008 Third Quarter 10-Q or submit to NASDAQ a plan to regain compliance by January 20, 2009. As a result, the Company may become subject to involuntary delisting proceedings by NASDAQ.
Corrective Filings
As disclosed above, the Company expects to further amend the 2007 10-K to disclose management's conclusions as to the effectiveness of internal control over financial reporting as of the end of 2007 once the internal control evaluation process has been completed. Prior to its original filing of the 2007 10-K, the Company had conducted testing of certain aspects of its internal control over financial reporting as of December 31, 2007 that indicated preliminarily that its controls may be deficient in areas related to sales generation, inventory management, closing of its financial books and disclosure, and access to its information systems. Further testing may reveal additional control deficiencies. Although management has not definitively concluded which and/or how many of the previously identified internal control deficiencies rise to the level of significant deficiencies or material weaknesses in our internal control over financial reporting, the Company expects that once management has completed the internal control evaluation process it will conclude that the Company's internal control over financial reporting was not effective as of December 31, 2007. Management's conclusions regarding the effectiveness of internal control over financial reporting at December 31, 2007 will be set forth in a subsequent amendment to the 2007 10-K. Moreover, based upon the Company's failure to include management's report on the effectiveness of internal control over financial reporting in the 2007 10-K, the Company's internal review and the findings of the audit committee investigation, the Company expects that the subsequent amendment to the 2007 10-K will disclose that management has concluded that the Company's disclosure controls and procedures were not effective as of December 31, 2007.
As disclosed above, the Company expects to amend the Previously Filed 2008 10-Qs to update the disclosure regarding management's evaluation of the effectiveness of the Company's disclosure controls and procedures as of the end of the periods covered by such reports. Based on the Company's internal review and the findings of the audit committee investigation, the Company expects that the amendments to the Previously Filed 2008 10-Qs will disclose that management has concluded that the Company's disclosure controls and procedures were not effective as of the end of the periods covered by those reports. Moreover, Form 10-Q for the three months ended June 30, 2008 erroneously included disclosure about management's evaluation of the effectiveness of internal control over financial reporting. The amendment to that report will delete such conclusions in order to correct that error.
Investors should not rely on any disclosures made by the Company in the 2007 10-K Amendment of the Previously Filed 2008 10-Qs regarding the effectiveness of the Company's internal control over financial reporting or the effectiveness of its disclosure

[GAR]

Ltec - movin' up, 4pm today, 20 cents/share!

[GAR]

then -wham, delisted!

trading at 5 cents.. whoo hoo!

if you been buying, time to buy more - if you ain't bought yet, it shoudl recover to 2 bucks a share by this time next year or more:

LOUD Technologies Inc. Receives NASDAQ Staff Determination Regarding Delisting


Thursday February 26, 2009, 4:57 pm EST

<LI class=yfi_share_buzz>Yahoo! Buzz (http://buzz.yahoo.com/article/y_finance/yahoo_finance&#37;252Fyfi-14485522)
Print (http://finance.yahoo.com/news/LOUD-Technologies-Inc-bw-14485522.html/print)

<!-- ./end of article hd -->WOODINVILLE, Wash.--(BUSINESS WIRE)--LOUD Technologies Inc. (NASDAQ:LTEC (http://finance.yahoo.com/q?s=ltec&d=t) - News (http://finance.yahoo.com/q/h;_ylt=AqeWVybidGk70tmDh1oBvUOvMncA?s=ltec)) (the “Company”) today announced that it received a NASDAQ Staff Determination Letter on February 20, 2009, indicating that the Company’s common stock is scheduled to be delisted from the NASDAQ Stock Market (the “NASDAQ”), effective at the opening of business on March 3, 2009. The decision of the NASDAQ staff was based on the Company's failure to submit, by the prescribed deadline, an appropriate plan to regain compliance with NASDAQ Marketplace Rule 4310(c)(14) related to its failure to file a quarterly report on Form 10-Q for the period ended September 30, 2008 (the “Third Quarter 10-Q”) by the prescribed due date.
<!--- Insert the sidebar information -->
<!-- Article Related Media -->Once the Company’s common stock has been delisted from NASDAQ, the Company's common stock may be quoted over-the-counter on the Pink Sheets LLC (the “Pink Sheets”) if market makers commit to make a market in the Company’s shares. The Pink Sheets is an electronic network through which participating broker-dealers can make markets, and enter orders to buy and sell shares of issuers. However, the Company can provide no assurance that trading in its common stock will continue on the Pink Sheets or otherwise. Moreover, the Company’s common stock may become more illiquid once it is no longer traded on NASDAQ, which could negatively impact market prices for the Company’s stock and make it more difficult for shareholders to sell their shares.
As disclosed in the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on February 2, 2009 (the “February 2, 2009 8-K”), the Company is working diligently to prepare and file the Third Quarter 10-Q, including the processes related to such filing, so that it may become current in its filings required under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Additionally, the Company intends to amend its annual report on Form 10-K for the year ended December 31, 2007 and its quarterly reports on Form 10-Q for the first and second quarters of 2008 to reflect its assessment of internal controls and disclosure controls and procedures. The Company currently anticipates that it will complete these filings in early March, 2009. Thereafter, the Company intends to complete the deregistration of its common stock under the Exchange Act, as reported in the February 2, 2009 8-K.
Additional Information
LOUD Technologies Inc. (“LOUD”) is one of the world’s largest professional audio and musical instrument product companies. Through its industry-leading brands Alvarez, Ampeg, Crate, EAW, Mackie, Martin Audio and TAPCO, LOUD produces and distributes a wide range of loudspeakers, analog and digital mixers, commercial audio systems, guitars and guitar and bass amplifiers. LOUD’s brands may be found in professional and project recording studios, video and broadcast suites, post-production facilities, sound reinforcement applications including churches, nightclubs and retail locations, and on major musical tours.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company’s business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. These forward-looking statements include statements regarding the Company’s ability to file its Form 10-Q and other statements that are not historical facts. These forward looking statements are subject to risks, uncertainties and changes in financial condition, unknown factors and other items described in the Company’s annual report on Form 10-K for the fiscal year ended December 31, 2007 and the Company’s quarterly reports on Form 10-Q filed with the Securities and Exchange Commission. The Company disclaims any obligation to update any forward-looking statements as a result of developments occurring after the date of this document.
For more information please contact: LOUD Technologies Inc. – 16220 Wood-Red Road N.E. – Woodinville, WA 98072 – Phone: (425) 487-4333 – Fax: (425) 487-4337 – Internet: www.loudtechinc.com (http://us.lrd.yahoo.com/_ylt=ApHsBonO8Rxx7lsoqF9BkCuvMncA/SIG=1561hi6av/**http%3A//cts.businesswire.com/ct/CT%3Fid=smartlink%26url=http%253A%252F%252Fwww.lou dtechinc.com%26esheet=5905962%26lan=en_US%26anchor =www.loudtechinc.com%26index=1).

Contact:



LOUD Technologies Inc.Adrian R. Bell, +1-206-310-5966adrian.bell@loudtechinc.com (adrian.bell@loudtechinc.com;_ylt=An3CcG8.XBd20Wyw y3yP37WvMncA)</PRE>

[ELVIS]

Damn!

I just bought a new computer...


Hmmm...


:elvis:

[ELVIS]

Hope it stays down for a couple of weeks...

[ZahZoo]

Investment advice from you, Gar is like getting marriage counseling from Liz Taylor...

[GAR]

Last week, LTEC was being traded on what's called the "pink sheets" for the penny-stock listings, in the range of between 2 and 5 cents!

Zah, with a marketshare of 9.5 million shares, does this mean you could get a seat on the board for less than a million dollars?

I can't do the math, you know. You're smart like that so you tell us?

[ZahZoo]

No you can't buy your way onto the board... especially in it's current shape.

Coming off the publically traded stock market means the company reverts back to privately held/owned. Meaning the corporation now owns the assets, debt and holdings of the company.

It would be a total waste of money to purchase any stock in this company at this phase. If they file their financials and get reinstated it might be something to watch... but you would want to know why they ended up where they were at to see if the comapny will remain viable. Odds are good the whole thing will just be a sell off of intelectual property and trademarks.

A huge warning sign of not filing it's financial statements with the SEC is a clear indication that company is in serious financial trouble... potentially criminal mischief in managing the books.

[GAR]

St Louis Music was one of the first if not the first importers of Jap and Korean trademark-copy guitars like Gibson and Fender.

Before I think, 1974, when Ampeg was owned by Magnavox, they didn't rip off the other manufacturers. Magnavox bought Dan Armstrong and that was the Ampeg guitar line - the clear-plexi guitars.

[GAR]

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SHIT it shot up to 15 cents from 2 cents close Friday, now it's at 2 cents again, 800 shares volume.

Maybe someone here saw my posting on this and spent the $400 bucks to take a chance..

[GAR]

One and a half-cents per share!

What will happen to Ampeg's owner? Will this be a sell-off of all the brands they conglomerated?

They sold off St. Louis Music's distribution to some midwest woodwinds company, now they're stuck with all these brands and a big fuckin' warehouse full of air and spiderwebs up in Washington.

I wanna go visit and check it out myself.

[Nitro Express]

No you can't buy your way onto the board... especially in it's current shape.

Coming off the publically traded stock market means the company reverts back to privately held/owned. Meaning the corporation now owns the assets, debt and holdings of the company.

It would be a total waste of money to purchase any stock in this company at this phase. If they file their financials and get reinstated it might be something to watch... but you would want to know why they ended up where they were at to see if the comapny will remain viable. Odds are good the whole thing will just be a sell off of intelectual property and trademarks.

A huge warning sign of not filing it's financial statements with the SEC is a clear indication that company is in serious financial trouble... potentially criminal mischief in managing the books.

Yup. Great brand names but what are the real fiscals of the company? The company could be loaded with debt and another trick they love to do is count sales as profit excluding overhead costs.

[GAR]

From just one penny a month ago, up to 15 cents, to 5 then 2 cents recently.

Now it's at 6 cents, last trade. Some guy on Yahoo Finance discussion board posted he got 20,000 shares at one penny.

That's $200 bucks. If he flipped 'em at 6, well, do the math!

Nobody wants to make a huge move on this because soon as you do, the graph curve goes up.

From what I gather on Yahoo finance board and other discussions, is they started receiving bad product, from of all places Vietnam.

Cheap labor, no fucked up 4x10 cabinets=good!
Cheap labor, fucked up cabinets=bad!

Fucked up cabinets, plus fucked up contract factory of origin, plus costly debt ratios with Ableco finance and Cerberus Capital Partners=bad stock price.

I can't tell you how setup I am if and when this stock gets relisted. I can wait 5 years at the price I got!

buy
buy
buy

[GAR]

Five cents once again.

Monday opening.. several key timelines passed, what will the private equity owners do?

I noticed on the Loud Technologies website they're now looking for an electronics project managing engineer who does CAD and dfm QC checking.. that is a REALLY not-good sign because it signals they are beginning to redesign.

Redesign=retool, meaning the Vietnamese plant ain't givin' the tooling back and they have to redo the board designs all over again?

It doesn't come at a good time, this listing on their Employment Want ad. Maybe it's for new product development, because cad files are usually saved and require little in the way of modification for new tooling spacing, component repackaging or design.

But it could mean they lost kep personnel that did this function, and the files are now lost due to key personnel friction ie you're fired, fuck you I'll getcha back before I'm outta here.. del del del.. whops where's all that data..

[ELVIS]

Hmmm...

[ELVIS]

Maybe Obama will run it...