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-   Technical Discussion and Customizing your H2 (http://www.elcovaforums.com/forums/forumdisplay.php?f=5)
-   -   SMA out of business (http://www.elcovaforums.com/forums/showthread.php?t=2617)

aggiehummer...er 03-03-2006 09:10 PM

Out of business as of a couple of days ago.

HGW 03-04-2006 12:31 AM

Yea man--took their stuff off my site a few days ago. Can still get it from other sources until it runs out.

KenP 03-04-2006 12:44 AM

Ooops. Jason needs a new supplier.

DDWH 03-04-2006 12:50 AM

I wonder if SMA is going to have a fire sale, I need a tire carrier!

Did they do the post toastie BK or the rebirth version?

HGW 03-04-2006 12:51 AM

There are already companies that can fill the demand--they just need to watch their quality control.

The only thing SMA really produced was the billet--the rest was packaged, or subcontracted heavily.

I have been buying the rest of the stuff they offered direct---like SC's, shocks, lift kits, brakes, power mods. They just marked it up and passed it on to their dealers who passed it on to their customers.

timgco 03-04-2006 01:08 AM

Ok, that sucks, I was getting ready to order up an SMA brush guard for the H2. Anyone know who made this for SMA?

dochummer 03-04-2006 01:37 AM

I think Kacyk has one he may be looking to get rid of...

hmrlvr 03-04-2006 03:01 AM

Quote:

Ok, that sucks, I was getting ready to order up an SMA brush guard for the H2. Anyone know who made this for SMA?
These guys may have one left hummerhub.com

KenP 03-04-2006 03:12 AM

Go with Phil's!

H2_SUT_SC 03-07-2006 04:41 PM

That seems very surprising. SMA was pretty well known in the Hummer scene.

Mr. I - Man 03-07-2006 05:21 PM

Actually they filed Chapter 11 and will stay in business. According to my AZ source.

VTSTOMPER 03-07-2006 06:12 PM

Still - crappy news.

HGW 03-07-2006 06:41 PM

If you knew SMA management, you would not be surprised.

HummBob 03-08-2006 12:10 AM

Too bad as I liked their products

hmrlvr 03-08-2006 12:19 AM

Their name and patents are for sale, however to purchase them, you must purchase their debt as well, which is in the millions.

timgco 03-08-2006 12:27 AM

Quote:

Originally posted by hmrlvr:
Their name and patents are for sale, however to purchase them, you must purchase their debt as well, which is in the millions.

Where'd you come up with that info? Millions?

DRTYFN 03-08-2006 12:47 AM

Quote:

Originally posted by HummBob:
Too bad as I liked the products they sold from other companies.

Fissed

hmrlvr 03-08-2006 01:29 AM

Quote:

Where'd you come up with that info? Millions?
straight from the mouths of their attorneys

Beastmaster 03-08-2006 02:05 AM

I've archived some of their filing paperwork. Read up on it here:

http://yeefamily.us/sgyee/sma

-Steve

Beastmaster 03-08-2006 02:06 AM

Quote:

Originally posted by timgco:
<BLOCKQUOTE class="ip-ubbcode-quote"><div class="ip-ubbcode-quote-title">quote:</div><div class="ip-ubbcode-quote-content">Originally posted by hmrlvr:
Their name and patents are for sale, however to purchase them, you must purchase their debt as well, which is in the millions.

Where'd you come up with that info? Millions? </div></BLOCKQUOTE>

According to the filing paperwork, they owe between 1 million and 10 million in debt. Their assets are between that same amount.


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