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Author Topic: Bad, bad news ....  (Read 19879 times)

charlest

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Bad, bad news ....
« on: December 15, 2011, 03:08:26 PM »
From Mo Pinel on BowlingChat.net forum:
 
*** A Chapter 7 Bankruptcy Case has been  filed in the Bankruptcy Court of the Eastern District of California by  Lane Masters Bowling Inc. of Stockton, Calif. The debtor’s Attorney is  William R. Cumming, Costa Mesa, Calif. 90292. A meeting of creditors is  scheduled at 11 a.m. on Dec. 19 at the U.S. Trustees Meeting Room, Suite  2, 1st Floor, 1200 I St., in Modesto, Calif. The trustee is Irma C.  Edmonds, Pinedale, Calif., 559-221-2233.
 
A sad day for bowling when any manufacturer has to file for bankruptcy.
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"None are so blind as those who will not see."

 

dizzyfugu

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Re: Bad, bad news ....
« Reply #1 on: December 16, 2011, 02:06:12 AM »
Time to stock up with their ball cleaner... :(


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DizzyFugu ~ Reporting from Germany

bigbandito

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Re: Bad, bad news ....
« Reply #2 on: December 16, 2011, 04:39:26 AM »
They are now ABC Lane Masters.  If everyone would buy their top quality bowling equipment instead of the mass produced cheaper balls on the market everyone would find out how much better their equipment is!!!!!!!!  This should not happed to an American made company. Everyone should try one of the balls and see the difference in quality !  They stand behind their equipment 100% .


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Lillen

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Re: Bad, bad news ....
« Reply #3 on: December 16, 2011, 07:04:16 AM »
 Indeed sad , have to dig out my WCPP  and let it roll again...



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kidlost2000

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Re: Bad, bad news ....
« Reply #4 on: December 16, 2011, 07:07:51 AM »
Never tried any thing from them, but it is unfortunate. It is a tough industry to be in and not looking to be any better anytime soon. The Buzz/Sting series always interest me.

"1 of 1." 
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…… you can't  add a physics term to a bowling term and expect it to mean something.

bigbandito

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Re: Bad, bad news ....
« Reply #5 on: December 16, 2011, 08:20:25 AM »
Still open ! Balls being made as usual. BUY ONE AND GIVE THEM A TRY !!!


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milorafferty

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Re: Bad, bad news ....
« Reply #6 on: December 16, 2011, 09:04:50 AM »
Not really "new" news, I think they filed back in November sometime.
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scotts33

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Re: Bad, bad news ....
« Reply #7 on: December 16, 2011, 09:16:42 AM »
Explanation of Chapter 7  if this is true and LM/L filed Chapter 7 I don't see how they can continue unless they start up again in another venue a Chapter 7 is dissolve everything to pay creditors.  Chapter 7 is not reorganization like a Chapter 11 is.  But until someone in the know comes forward it's all innuendo and rumor.
 
My driller tried to order thru LM/L a 14 Lb. Xtreme Damage 2 weeks ago and they had none nor would they say when any would be poured.  That is telling.  


Scott

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Scott

scotts33

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Re: Bad, bad news ....
« Reply #8 on: December 16, 2011, 09:30:25 AM »
The point I am making is your pro shop may have gotten balls from past stock.  The question would be can you get something different say a 14 lb'er that is not in stock?  Something new that needs to be poured.  My driller said they did not offer a later date that a 14 lb. Xtreme Damage would be available.  I found a 14 lb. LM Buzz Attack (which I like a lot)on eBay to take the place of the XD. 
 
Example in the past when VBP has not had a ball with the specs I wanted  when they/VBP were going to have a production run they would put it in their prodcution schedule and I would get the ball when it was run. 
 
See the difference?
milorafferty wrote on 12/16/2011 10:25 AM:

 My local proshop received Lane Masters bowling balls THIS WEEK.
scotts33 wrote on 12/16/2011 10:16 AM:
Explanation of Chapter 7  if this is true and LM/L filed Chapter 7 I don't see how they can continue unless they start up again in another venue a Chapter 7 is dissolve everything to pay creditors.  Chapter 7 is not reorganization like a Chapter 11 is.  But until someone in the know comes forward it's all innuendo and rumor.
 
My driller tried to order thru LM/L a 14 Lb. Xtreme Damage 2 weeks ago and they had none nor would they say when any would be poured.  That is telling.  


Scott



Scott

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Scott

milorafferty

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Re: Bad, bad news ....
« Reply #9 on: December 16, 2011, 09:39:38 AM »
I can't make any further comments about it right now. 
 
scotts33 wrote on 12/16/2011 10:30 AM:
The point I am making is your pro shop may have gotten balls from past stock.  The question would be can you get something different say a 14 lb'er that is not in stock?  Something new that needs to be poured.  My driller said they did not offer a later date that a 14 lb. Xtreme Damage would be available.  I found a 14 lb. LM Buzz Attack (which I like a lot)on eBay to take the place of the XD. 
 
Example in the past when VBP has not had a ball with the specs I wanted  when they/VBP were going to have a production run they would put it in their prodcution schedule and I would get the ball when it was run. 
 
See the difference?
milorafferty wrote on 12/16/2011 10:25 AM:

 My local proshop received Lane Masters bowling balls THIS WEEK.
scotts33 wrote on 12/16/2011 10:16 AM:
Explanation of Chapter 7  if this is true and LM/L filed Chapter 7 I don't see how they can continue unless they start up again in another venue a Chapter 7 is dissolve everything to pay creditors.  Chapter 7 is not reorganization like a Chapter 11 is.  But until someone in the know comes forward it's all innuendo and rumor.
 
My driller tried to order thru LM/L a 14 Lb. Xtreme Damage 2 weeks ago and they had none nor would they say when any would be poured.  That is telling.  


Scott



Scott

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"If guns kill people, do pencils misspell words?"

"If you don't stand for our flag, then don't expect me to give a damn about your feelings."

scotts33

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Re: Bad, bad news ....
« Reply #10 on: December 16, 2011, 09:42:20 AM »
OK that's cool....I am hopeful you know more than we do and that LM/L in whatever configuration continues on in some form. 
 
milorafferty wrote on 12/16/2011 10:39 AM:
I can't make any further comments about it right now. 
 
scotts33 wrote on 12/16/2011 10:30 AM:
The point I am making is your pro shop may have gotten balls from past stock.  The question would be can you get something different say a 14 lb'er that is not in stock?  Something new that needs to be poured.  My driller said they did not offer a later date that a 14 lb. Xtreme Damage would be available.  I found a 14 lb. LM Buzz Attack (which I like a lot)on eBay to take the place of the XD. 
 
Example in the past when VBP has not had a ball with the specs I wanted  when they/VBP were going to have a production run they would put it in their prodcution schedule and I would get the ball when it was run. 
 
See the difference?
milorafferty wrote on 12/16/2011 10:25 AM:

 My local proshop received Lane Masters bowling balls THIS WEEK.
scotts33 wrote on 12/16/2011 10:16 AM:
Explanation of Chapter 7  if this is true and LM/L filed Chapter 7 I don't see how they can continue unless they start up again in another venue a Chapter 7 is dissolve everything to pay creditors.  Chapter 7 is not reorganization like a Chapter 11 is.  But until someone in the know comes forward it's all innuendo and rumor.
 
My driller tried to order thru LM/L a 14 Lb. Xtreme Damage 2 weeks ago and they had none nor would they say when any would be poured.  That is telling.  


Scott



Scott



Scott

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Scott

scotts33

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Re: Bad, bad news ....
« Reply #11 on: December 16, 2011, 10:07:09 AM »
BTW...related to this topic will Lord Field come into the mix on this subject?  Tony Martin is with Lord Field now correct?

Scott

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Scott

milorafferty

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Re: Bad, bad news ....
« Reply #12 on: December 16, 2011, 10:19:16 AM »
I hear locally(Stockton, CA) that Tony has some affiliation with Lord Fields, but I do not know what it is. Tony used to be on this site often, maybe he will come in and comment on it. 
 
scotts33 wrote on 12/16/2011 11:07 AM:BTW...related to this topic will Lord Field come into the mix on this subject?  Tony Martin is with Lord Field now correct?

Scott

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"If guns kill people, do pencils misspell words?"

"If you don't stand for our flag, then don't expect me to give a damn about your feelings."

nmbr1sun99

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Re: Bad, bad news ....
« Reply #13 on: December 16, 2011, 10:23:12 AM »
It's a shame that this has happened to LaneMasters. Fred Borden put a lot of time into this company and has put out quality products.

 

I hope that they are able to put it back together. I know trying to find their product in a proshop out here in CT is tough. I had a New Standard 2 when it first came out and it was a great ball. Unfortunately, the high cost of their equipment kept me from purchasing other balls in the line.

 

Support Made in the USA products!!!!!!


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Brandon Joseph
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The Messiah

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Re: Bad, bad news ....
« Reply #14 on: December 16, 2011, 05:49:27 PM »
My only 300 is with a Black Pearl Reactive.  Quality stuff.  So bummed.

Grip it and rip it!!!
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