Magnex - 'In Receivership'
#3
There was a rumour like this ages ago, turned out to be the wrong company.
Please be aware that this has NOT been confirmed by anyone at Magnex in the form of a press release and as such is pure speculation and hearsay.
These things can get out of control and damage the company and it's suppliers.
Please be aware that this has NOT been confirmed by anyone at Magnex in the form of a press release and as such is pure speculation and hearsay.
These things can get out of control and damage the company and it's suppliers.
#5
And dealers know everything?
Seriously, and i'm not getting at you. Wait for an official annoucement if it's true. IF magnex are having trouble getting orders then the last thing they need are people bailing out just because a dealers says so. Rumours like this can mean the life or death of a company.
No association with Magnex etc..
[Edited by Neil Smalley - 6/14/2002 10:36:25 AM]
Seriously, and i'm not getting at you. Wait for an official annoucement if it's true. IF magnex are having trouble getting orders then the last thing they need are people bailing out just because a dealers says so. Rumours like this can mean the life or death of a company.
No association with Magnex etc..
[Edited by Neil Smalley - 6/14/2002 10:36:25 AM]
#6
Press release would come from receivers rather than company - though even if company X goes into receivership it doesn't mean they'll be shut down (it can mean they are going to default on a debt payment etc)
#7
Another moderator has spoken to another Magnex dealer and they know nothing about it.
I'm locking this thread until this rumour is confirmed, as it could well cause damage to magnex and the companies who it supplies.
I'm locking this thread until this rumour is confirmed, as it could well cause damage to magnex and the companies who it supplies.
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#8
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More information here:
http://www.scoobynet.co.uk/bbs/threa...hreadid=105135
Direct from Magnex themselves.
John
http://www.scoobynet.co.uk/bbs/threa...hreadid=105135
Direct from Magnex themselves.
John
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paulmon
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28 March 2001 06:51 PM