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Is Direct2 (Chelton's experimental company) going bankrupt?

 
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Scott Keadle



Joined: 10 Jan 2006
Posts: 31
Location: Lake Norman, North Carolina

PostPosted: Wed Mar 29, 2006 6:08 pm    Post subject: Is Direct2 (Chelton's experimental company) going bankrupt? Reply with quote



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Scott Keadle
14A, Lake Norman Airpark
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david555(at)cox.net
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PostPosted: Wed Mar 29, 2006 6:33 pm    Post subject: Is Direct2 (Chelton's experimental company) going bankrupt? Reply with quote

I am planning on deciding which EFIS (at) Sun and Fun and I would really be suprised if they do not have some special (at) Sun and Fun to try and get you to sign up.
 
David Boone #138
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Tdawson(at)avidyne.com
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PostPosted: Wed Mar 29, 2006 6:41 pm    Post subject: Is Direct2 (Chelton's experimental company) going bankrupt? Reply with quote

If Direct2 is part of Chelton and Chelton is part of Meggitt, there's enough corporate weight there they shouldn't fall apart overnight.

TDT
40025

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dlm46007(at)cox.net
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PostPosted: Wed Mar 29, 2006 6:59 pm    Post subject: Is Direct2 (Chelton's experimental company) going bankrupt? Reply with quote

I would be more concerned about giving $27000 cash to an avionics shop/distributor. A lot of them are more thinly financed than D2A. I elected to pay them directly and designate a dealer. They had the same policy when I purchased last year (OSH 2005). I transferred money to their account.  They shipped direct to me. The Chelton name is at stake here and they are very stable.
 
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johnwcox(at)pacificnw.com
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PostPosted: Wed Mar 29, 2006 7:13 pm    Post subject: Is Direct2 (Chelton's experimental company) going bankrupt? Reply with quote

Scott, to post a message which might be truly prove to be baseless could be construed as irresponsible.  Direct2 is not owned or managed by Chelton to my limited knowledge. They are an independent firm of former Lancair employees who saw a first hand opportunity to provide a higher level of customer service to the OAMA community. I am sure several on this list can affirm their personal opinions on the merits of the company.  I will be interested in Direct2’s response on your characterization of “Cash only” versus secured Credit Card payment to meet the $26,900 limited offer.  Who is your source that reported the requirement.
 
I know of three RV-10 builders where the company and its individuals went far above and beyond customary support.  Are you by chance affiliated with Crossbow?
 
John Cox
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From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of scott(at)keadle.com
Sent: Wednesday, March 29, 2006 6:08 PM
To: rv10-list(at)matronics.com
Subject: Is Direct2 (Chelton's experimental company) going bankrupt?

 
I was planning to buy an SV-10 Chelton system for my panel this week, when I got the word that Direct2, the supplier/manufacturer, was only going to honor their quoted price ($26,900, discussed here previously) if they recieved full payment by the end of the week. I offered to send the full amount to an escrow agent, or to the distributor/panel-builder, but they reportedly said they would only take cash. Makes me wonder why they would be operating like that. All I can come up with is that they are short of cash (maybe because of the Crossbow AHRS recall) and maybe even almost out of business. I would sure hate for anyone (especially me) to give them $27,000 and get absolutely nothing in return. Much bigger companies have gone bankrupt and taken customers deposits down the drain with them.

 

Scott Keadle

RV-10 in progress


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Scott Keadle



Joined: 10 Jan 2006
Posts: 31
Location: Lake Norman, North Carolina

PostPosted: Wed Mar 29, 2006 8:02 pm    Post subject: Re: Is Direct2 (Chelton's experimental company) going bankru Reply with quote

John,
I'm only telling the group what my experience has been, and I don't know anything more than what I wrote. I'm not affiliated with anybody, I'm just a slightly confused would-be D2 customer who is now looking for either an explanation from someone as to why they would insist on full payment when they aren't ready to ship, or a different PFD for my airplane. Also, I'm new to a lot of this stuff, and don't know what OAMA stands for. If you don't mind, could you let the newbies know what it means?

Scott

johnwcox(at)pacificnw.com wrote:
Scott, to post a message which might be truly prove to be baseless could be construed as irresponsible.? Direct2 is not owned or managed by Chelton to my limited knowledge. They are an independent firm of former Lancair employees who saw a first hand opportunity to provide a higher level of customer service to the OAMA community. I am sure several on this list can affirm their personal opinions on the merits of the company.? I will be interested in Direct2’s response on your characterization of “Cash only” versus secured Credit Card payment to meet the $26,900 limited offer.? Who is your source that reported the requirement.
?
I know of three RV-10 builders where the company and its individuals went far above and beyond customary support.? Are you by chance affiliated with Crossbow?
?
John Cox
Do not Archive
?

From: owner-rv10-list-server(at)matronics.com [mailto:owner-rv10-list-server(at)matronics.com] On Behalf Of scott(at)keadle.com
Sent: Wednesday, March 29, 2006 6:08 PM
To: rv10-list(at)matronics.com
Subject: Is Direct2 (Chelton's experimental company) going bankrupt?

?
I was planning to buy an SV-10 Chelton system for my panel this week, when I got the word that Direct2, the supplier/manufacturer, was only going to honor their quoted price ($26,900,?discussed here previously)?if they recieved full payment by the end of the week. I offered to send the?full amount?to an escrow agent, or to the distributor/panel-builder, but they reportedly said they would only take cash. Makes me wonder why they would be operating like that. All I can come up with is that they are short of cash (maybe because of the Crossbow AHRS recall) and maybe even almost out of business. I would sure hate for anyone (especially me) to give them $27,000 and get absolutely nothing in return. Much bigger companies have gone bankrupt and taken customers deposits down the drain with them.

?

Scott Keadle

RV-10 in progress


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Use the List Feature Navigator to browse the many List utilities available such as the Email Subscriptions page, Archive Search & Download, 7-Day Browse, Chat, FAQ, Photoshare, and much more:

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_________________
Scott Keadle
14A, Lake Norman Airpark
N426AK RV-10, final assembly
N246SK, Giles 202, flying
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