Re: [RE-wrenches] Optics

2024-05-19 Thread Jay via RE-wrenches
I agree with you WilliamWhile there could be all sorts of valid reasons for the downtime. What’s not acceptable is the lack of communication and notification that it was going to happen or had happened.  If they do have new owners they are not starting well. JayOn May 18, 2024, at 9:42 PM, William

Re: [RE-wrenches] Optics

2024-05-19 Thread Lou Russo via RE-wrenches
I started poking through EnerSys's (The most recent owner of Outback) SEC filings in hopes to find who the new buyer is. I found nothing related to the sale but found this in their most recent quarterly report : On November 8, 2023, the Company's Board of Directors approved a plan to stop producti

Re: [RE-wrenches] Optics

2024-05-19 Thread Dave Angelini Offgrid Solar via RE-wrenches
On November 8, 2023, the Company's Board of Directors approved a plan to stop production and operations of residential renewable energy products, which include our OutBack and Mojave brands. Management determined that residential renewable energy products no longer fit with the company's core s

Re: [RE-wrenches] Optics

2024-05-19 Thread Dave Angelini Offgrid Solar via RE-wrenches
Easier to read but still not a good sign! When I worked at HP in the 80's they struggled with keeping old equipment alive. It was terribly expensive and they just stopped after 5 years and let the secondary market do repairs. Even that was expensive and finally just stopped keeping any inven