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Author Topic: Logmaster BANKRUPT  (Read 9710 times)

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Offline yarnammurt

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Logmaster BANKRUPT
« on: December 13, 2013, 04:48:26 PM »
I just got a letter in the mail with a $13,000 check saying they went under. I have been waiting on my LM-6 for over 3 months. I was going to pick up a few weeks ago. I spoke with them the week before thanksgiving they said all was good. And now this. They took my LM-15 in on trade and already sold it, so now what. I am so *pithed I cant stand it. >:( >:( >:( >:(
ATS 10" Peterson, 09 New Holland 4x4 TL90 with loader, 125hp White,2 2009 Kawasaki 610 mules,

Offline thecfarm

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Re: Logmaster BANKRUPT
« Reply #1 on: December 13, 2013, 04:51:17 PM »
That is too bad to hear they went under. I do hope you did not lose money in all this. I know you lost time in waiting.  :(
Model 6020-20hp Manual Thomas bandsaw,TC40A 4wd 40 hp New Holland tractor, 450 Norse Winch, Heatmor 400 OWB,YCC 1978-79

Offline yarnammurt

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Re: Logmaster BANKRUPT
« Reply #2 on: December 13, 2013, 05:05:49 PM »
I'm out about $8000
ATS 10" Peterson, 09 New Holland 4x4 TL90 with loader, 125hp White,2 2009 Kawasaki 610 mules,

Offline sigidi

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Re: Logmaster BANKRUPT
« Reply #3 on: December 13, 2013, 05:13:00 PM »
AND a bloody sawmill, not to make ya feel worse, but losing the mill is a bigger/longer loss than $8,000 out of pocket at the moment.....
Always willing to help - Allan

Offline JSwigga

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Re: Logmaster BANKRUPT
« Reply #4 on: December 13, 2013, 05:21:29 PM »
I was wondering why they never called me back after leaving a few voice mails about buying a mill.   That stinks they built a really nice product. 
60" Lucas Dedicated Slabber, TimberKing 2200 , 5 ton Nissan forklift, John Deere FEL

Offline petefrom bearswamp

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Re: Logmaster BANKRUPT
« Reply #5 on: December 13, 2013, 06:27:38 PM »
Evidently the product was not good enough to be profitable. Sorry about your loss.
pete
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Offline 1woodguy

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Re: Logmaster BANKRUPT
« Reply #6 on: December 13, 2013, 06:29:45 PM »
   That would really tick me off!
Sorry you got stung
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Offline redbeard

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Re: Logmaster BANKRUPT
« Reply #7 on: December 13, 2013, 06:38:56 PM »
This is terrible, sorry to hear this.
Whidbey Woodworks and Custom Milling  2019 Cooks AC 3662T High production band mill and a Hud-son 60 Diesel wide cut bandmill  JD 2240 50hp Tractor with 145 loader IR 1044 all terrain fork lift  Cooks sharp

Offline JSwigga

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Re: Logmaster BANKRUPT
« Reply #8 on: December 13, 2013, 06:40:50 PM »
Evidently the product was not good enough to be profitable. Sorry about your loss.
pete

I think they had a great product.  Just bad marketing.
60" Lucas Dedicated Slabber, TimberKing 2200 , 5 ton Nissan forklift, John Deere FEL

Offline drobertson

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Re: Logmaster BANKRUPT
« Reply #9 on: December 13, 2013, 06:44:27 PM »
Sometimes bad marketing is confused with poor management,  I suppose they go hand in hand,  sorry for your loss,  hate to hear it,    david
only have a few chain saws I'm not suppose to use, but will at times, one dog Dolly, pretty good dog, just not sure what for yet,  working on getting the gardening back in order, and kinda thinking on maybe a small bbq bizz,  thinking about it,

Online Hilltop366

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Re: Logmaster BANKRUPT
« Reply #10 on: December 13, 2013, 06:50:07 PM »
I guess you could count your self lucky that you got a cheque for 13gs.

I'd be standing at the bank door waiting for it to open up.

Still sucks though.

Offline Magicman

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Re: Logmaster BANKRUPT
« Reply #11 on: December 13, 2013, 06:51:44 PM »
Many times it has absolutely nothing to do with the product.  Sometimes it is marketing, but it also could be "taking" more than it was "making".   :-\
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Online beenthere

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Re: Logmaster BANKRUPT
« Reply #12 on: December 13, 2013, 07:09:28 PM »
Quote
That stinks they built a really nice product.

Maybe sold it too cheap, along with the limited marketing.
A tough market to get in to.

Sorry to hear that you got hooked. Other than not letting them have your mill until the new one showed up at the door, what else could you have done?
south central Wisconsin
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Re: Logmaster BANKRUPT
« Reply #13 on: December 13, 2013, 07:38:01 PM »
     I know I'm going to sound trite saying "That's a real shame", but I can't get away with saying what I really want to without ending up in the WoodShed.  Sure am sorry about your hit.
Buying a hammer doesn't make you a carpenter
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Offline rmack

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Re: Logmaster BANKRUPT
« Reply #14 on: December 13, 2013, 08:00:35 PM »
what are the chances of showing up at the plant with a trailer and loading out enough stuff to take some of the sting out?

can you sue to get your mill back from wherever it went?
the foundation for a successful life is being able to recognize what to least expect the most... (anonymous)

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Online Jeff

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Re: Logmaster BANKRUPT
« Reply #15 on: December 13, 2013, 08:18:51 PM »
what are the chances of showing up at the plant with a trailer and loading out enough stuff to take some of the sting out?


Did you really just suggest this? ::)
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Offline POSTON WIDEHEAD

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Re: Logmaster BANKRUPT
« Reply #16 on: December 13, 2013, 08:28:12 PM »
Its probably better just to accept and cut your losses. No one can touch them now.
The older I get I wish my body could Re-Gen.

Offline LaneC

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Re: Logmaster BANKRUPT
« Reply #17 on: December 13, 2013, 08:38:54 PM »
I feel for you. I wished that kind of thing would not happen. I have been burned before(for almost that exact amount) and it hurts. Hope it works out a little better than it is now anyway.
Man makes plans and God smiles

Offline JB Griffin

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Re: Logmaster BANKRUPT
« Reply #18 on: December 13, 2013, 08:40:22 PM »
That really sucks, I agree with Poston Just cut your losses and make the best of it.
Best of luck.
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Offline rmack

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Re: Logmaster BANKRUPT
« Reply #19 on: December 13, 2013, 10:00:05 PM »
what are the chances of showing up at the plant with a trailer and loading out enough stuff to take some of the sting out?


Did you really just suggest this? ::)

maybe there is a cultural difference here? you never know what the situation is until you show up at the gate. I guess some people don't think twice about letting go of 8k, I see things differently.  :)
the foundation for a successful life is being able to recognize what to least expect the most... (anonymous)

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