View Full Version : TC Sounds Going out of business?


Woofy
01-07-08, 09:42 PM
This is posted on Audiopulses forums-I dont know if this the truth but this is what a man named KEVIN-posted -Please Read!


Hello Kevin,

I am very sorry that I am unable to pay you at this point; TC Sounds has had to declare bankruptcy. Today is the last day that I am going to work here to close the shop. I will also lose this internet connection after today so you will not be able to email me any more after today.

I understand your situation and I know it must be very hard for you personally, and I am truly sorry for the hardship I caused you!

When a company goes bankrupt in the USA, the company is out of money and there is no government help. TC Sounds as well as Christa and I are losing our houses, our cars, and anything else of any value.

There will be a court-appointed person that will liquidate what is left here to try to pay creditors, including you.

I am sorry, Kevin, and I hope you and your company will recover from this loss.

Be well,

Yours,

Thilo

TC Sounds, Inc.

Thilo Stompler

9586 Distribution Ave. #D

San Diego, CA 92121

Tel 858 622 1212 x306

Cell 858 952 6315

Fax 858 622 9293

thilo@tcsounds.com

www.tcsounds.com

--------------------------------------------------------------------------------

From: Kevin [mailto:kevin@one-magnet.com]
Sent: Monday, January 07, 2008 3:14 AM
To: Thilo Stompler
Cc: Christa Stompler; Julie Marrs
Subject: Re: China Export & Credit Insurance Corporation

Thilo and Christa,

Are you still happy with my USD10280 ? I do not know why you are happy with the USD10280!

Regarding the payment of USD10280, I think you will not transfer it now.

As far as I know, you owed much money to many Chinese companies in the past, for example, Ningbo Xiangyang, ACH and so on.

Thilo and Christa have the worst credit.

So I have to ask the Chinese government to help us. So if you still do not do the payment as soon as possible, in the following days, the China Export & Credit Insurance Corporation will collect the payment for us.

Do the payment of USD10280 AS SOON AS POSSIBLE! Or they will take action !!!!

Please consider the bad reaction if the China government takes action.

1)Thilo Stompler and Christa Stompler will be summonsed.

2)TC Sounds and Audiopulse will be kept in the blacklist by the China custom.

It will be not possible for you to buy anything from China.

In fact, Xiamen One Magnet Electronic Co,.Ltd is large company in China. We have the guild of magnets in China.

If you do not do the payment, all the magnet companies in China, inculded United magnetics Co in Shanghai, will not sell speaker parts to you.

In fact, we are also selling magnets to many trade companies in USA. If you do not do the payment, we will tell

them about your bad payment terms! I am sure they will not be interested with you and your any companies !

DO THE PAYMENT AS SOON AS POSSIBLE ! OR THE CHINA GOVERNMENT WILL TAKE ACTION FOR US.

BY THE WAY, MY FRIENDS IN USA ALSO FIND THE COLLECT AGENCY FOR ME. IF YOU DO NOT DO THE PAYMENT,

YOU WILL BE entangled BY THE AGENCY.

I DO NOT WANT TO TAKE ALL THE ACTIONS ABOVE, BUT YOU ASKED ME TO DO THAT.

I HAVE NO CHOICE !

DO THE PAYMENT AS SOON AS POSSIBLE !

Best Regards

Kevin

---------------------------------------
XIAMEN ONE MAGNET ELECTRONIC CO.,LTD
9F,Lixin Plaza,No.90 South Hubin Road
Xiamen 361004, China
Phone: 0086-592-2387722
Fax: 0086-592-2397381
E-mail: kevin@one-magnet.com
Website: www.one-magnet.com
----------------------------


Kevin

View Member Profile Today, 01:27 AM Post #4


Newbie


Group: Members
Posts: 5
Joined: Today, 12:18 AM
Member No.: 81



Dear All,

Thank you for your concerning! I am one of suppliers of TC Sounds.Inc. They bought magnets from us. They owed me USD10280. But now, they informed me that they will not do the payment, for they have bad business. But I can not believe in them. For in the forums, many people are interested in their speakers.

They told me USD10280 is large for them, they have no money to pay. But actually, USD10280 is equal to RMB76072, but now, my boss has to ask me to pay it personally.

But it is very hard for me, for I just graduated from university last year, I have no money to pay it. And I have to give money to my old parents.

I should spend another two years to work for my boss and without paying.

I hate TC Sounds, Inc, Thilo Stompler, Ron Brown and Thilo mother, whose name is Christa Stompler.
They have very very bad credit. For as far as I know, they owed much money to their suppliers.

Everybody, please help me, and tell me what I can do now. I am in China, and far from San Diego, it is hard for me to collect money from they. If somebody here know them well, please do me a favor to ask them to do the payment.

If they do not do the payment, please do not buy anything from them, They are not good businessman.

If you have some suggestion, please reply me!

Best Regards
Kevin

---------------------------------------
XIAMEN ONE MAGNET ELECTRONIC CO.,LTD
9F,Lixin Plaza,No.90 South Hubin Road
Xiamen 361004, China
Phone: 0086-592-2387722
Fax: 0086-592-2397381
E-mail: kevin@one-magnet.com
Website: www.one-magnet.com
----------------------------

jpmst3
01-07-08, 11:42 PM
Not looking good for our friends at TC.

:( Man, that is a major bummer!

Warpdrv
01-08-08, 12:21 AM
and now they are Audiopulse...

Blacklac
01-08-08, 02:19 AM
I take it those #'s are currency?

ssabripo
01-08-08, 08:13 AM
I told you......!

Woofy
01-08-08, 04:11 PM
Im not shocked because there always were some kind of delays going on.Its been taken off there website and the seller(Kevin) was banned. But im glad we have somewhat of an idea of whats going on over there.

Ricci
01-08-08, 05:18 PM
That guy posted all over the board in like 8 different threads right after joining. 2 guys that I know usually have some kind of idea as to what is going on at TC(though they are not affiliated) seemed to indicate that the guy was making this up, or was otherwise disreputable. I posted trying to figure out exactly what the truth was, but everything was deleted shortly afterwards, including my post. Either way it does not inspire confidence in TC. They offer a lifetime warranty and then fold like 3 months later:o? I also thought that it was weird that they let their website and forum languish with out any updates or answers FOREVER, but this guy sure got some quick action out of them.

mojomike
01-08-08, 05:27 PM
When there is this much smoke, there is most likely fire. The TC drivers had built up a reputation of being some of the best drivers out there. It makes no logical sense to abandon that name unless you are running from something like your creditors, for example.

ribbit
01-08-08, 05:35 PM
so audiopulse was created to escape creditors?

has ANYONE received audiopulse drivers? what if you hit order, they take your money, and don't ship?

mojomike
01-08-08, 06:07 PM
That whole shutdown for a few months and restart under the new name of Audiopulse had the "feel" of some sort of reorganization in the sense of a bankruptcy. I don't know if anyone has actually bought and received any Audiopulse pruducts. Anyone here? They sure have not been too swift in setting up a dealer network as they said they would.

Woofy
01-08-08, 10:36 PM
That whole shutdown for a few months and restart under the new name of Audiopulse had the "feel" of some sort of reorganization in the sense of a bankruptcy. I don't know if anyone has actually bought and received any Audiopulse pruducts. Anyone here? They sure have not been too swift in setting up a dealer network as they said they would.

THERE IS DEFINATELY SOMETHING THAT ISINT RIGHT GOING ON OVER THERE!

Woofy
01-08-08, 10:37 PM
That guy posted all over the board in like 8 different threads right after joining. 2 guys that I know usually have some kind of idea as to what is going on at TC(though they are not affiliated) seemed to indicate that the guy was making this up, or was otherwise disreputable. I posted trying to figure out exactly what the truth was, but everything was deleted shortly afterwards, including my post. Either way it does not inspire confidence in TC. They offer a lifetime warranty and then fold like 3 months later:o? I also thought that it was weird that they let their website and forum languish with out any updates or answers FOREVER, but this guy sure got some quick action out of them.

WELL THAT LETTER WAS TAKEN OFF THE WEBSITE ! EITHER HE WAS A LUNITIC, A LIER OR WHAT HE CLAIMED WAS TRUTH!

ribbit
01-08-08, 10:41 PM
and you have caps lock on

Star56
01-08-08, 10:56 PM
WELL THAT LETTER WAS TAKEN OFF THE WEBSITE ! EITHER HE WAS A LUNITIC, A LIER OR WHAT HE CLAIMED WAS TRUTH!


"lunatic" "liar"

ribbit
01-09-08, 12:09 AM
come to think of it Woofy? how do we know you're not Kevin? just playing devil's advocate.

Woofy
01-09-08, 06:27 AM
Lets put it this way-Im an american born and raised here-which kevin wasnt! I have a bunch of Tcsounds subwoofers (along with other manufacturers) pounding in my vehicles.

Also,There forums are now deleting postings with even a mention of the letter or kevin.More alarming is that there is no official responce from a company representative? Strange indeed!

Out of sight -out of mind and the problem goes away! As one person said on a reply here-were there is smoke-there is fire!

Warpdrv
01-09-08, 08:55 AM
Yeah, Im sure that it was just nice a Bankruptcy, so they could escape their debt and start all over again.. I detest companies/people that get away that loophole, while the lenders are left to piss into the wind... $10,000 worth of magnets and they don't have to repay that.... sickening, and lord knows what other companies got the same treatment.. :(

If in fact that is the case... It sure wreaks badly of it... Restructuring... HA

04FLHRCI
01-09-08, 09:55 AM
Well, hopefully someone will purchase and license the LMS technology; there has been a renewed interest in the Ultra/LMS drivers after seeing Ilka's results. I'd still buy a pair if we could get them for < ~1k ea.

Now that it's proven, I don't want to see this technology disappear...

Larry

mojomike
01-09-08, 10:14 AM
There is talk that Parts Express will begin selling the drivers at some point. That would be superb. Then we would get top-notch support from a top-notch company.

ssabripo
01-09-08, 10:28 AM
if Epik of SVS or someone were to pick the LMS topology up, and put them in some higher end offerings, that would be pretty sweet IMO.

mojomike
01-09-08, 10:33 AM
if Epik of SVS or someone were to pick the LMS topology up, and put them in some higher end offerings, that would be pretty sweet IMO.

That would be cool to see, but wouldn't help out any DIY'ers.

Warpdrv
01-09-08, 12:06 PM
Well, hopefully someone will purchase and license the LMS technology; there has been a renewed interest in the Ultra/LMS drivers after seeing Ilka's results. I'd still buy a pair if we could get them for < ~1k ea.

Now that it's proven, I don't want to see this technology disappear...

Larry

I think you guys are missing the point here... The way I see it, TC-Sounds went belly up, and into bankruptcy and then started a new business as Audiopulse, so therefore ditching all debt they had as TC-Sounds.

Therefore Audiopulse can start over as a brand new business and continue to produce the same drivers under a new name.

oneeyeblind
01-09-08, 12:16 PM
if Epik of SVS or someone were to pick the LMS topology up, and put them in some higher end offerings, that would be pretty sweet IMO.


that would be interesting. Something like a 15 inch LMS style driver with dual 18 inch PRs or like two 15 inch LMS drivers and 4 plus 18 inch Pr's. And a nice big amp to go with. The only thing is the LMS drivers need lots of power and would be pretty expensive to make. But it would be cool to see what they could do with some Neo magnets.lol You never know SVS did have a prototype LMS driver to play with. Also they are assembling there own drivers now. That would be pretty sweet.lol

Oh and no one take this as fact please this is all speculation and I don't want svs to like get mad because people thought this was true.lol:D

Warpdrv
01-09-08, 12:26 PM
You never know SVS did have a prototype LMS driver to play with.

I believe I have read that someone went from TC-Sounds and was designing for SVS, don't quote me on that, which could be the possibility of the reason for the new Ultra13 being so damn linear and have such low distortion.

Also on the topic of bankruptcy, you notice that they renamed all their drivers, but the are very similar... not to be the same product...

mojomike
01-09-08, 12:34 PM
In my opinion, the geniuses behind TC Sounds, now Audiopulse or whatever, know their woofers, but business geniuses they are not. I'd much rather see their dynamite products being handled by a company with business practices like Parts Express. If you've ever dealt with Parts Express, it's a pleasure.

oneeyeblind
01-09-08, 01:17 PM
I believe I have read that someone went from TC-Sounds and was designing for SVS, don't quote me on that, which could be the possibility of the reason for the new Ultra13 being so damn linear and have such low distortion.

Also on the topic of bankruptcy, you notice that they renamed all their drivers, but the are very similar... not to be the same product...


HMm yup one of SVS's drivers designer / engineers is from TC sounds. And yup they had a prototype heres the thread.


http://archive2.avsforum.com/avs-vb/showthread.php?t=655889&page=2&pp=30

Heres the qoute from tom.

That is not a "av15"...it is one of our SVS 15" proto types. and no one outside of SVS has seen the new Ultra yet(it is still in development). The driver being touted as the new ultra is an early "lmt" proto from tcsounds. It has nothing in common with the new Ultra.

Tom V.
SVS

Oh and they may have used some information and what not from TC sounds experience but the thing is the motor topologies are different the LMS drivers are over hung motors and the new Ultra 13 are under hung motors. Not mention other differences. SVS's philosophy may have differed form TC sounds.

but back to TC sounds either way from what I have herd and seen they have struggled for a while now. They have lost a few the OEMs contracts, such as Eclipse, SVS, and others. They where going to go into the home sub woofer market but they had two false starts. Not to mention other issues such as having trouble selling direct and making a profit. I hope they don't go Adire Audio is already gone and competition is important besides other companies can benefit from TC sounds being around.

lalakersfan34
01-09-08, 01:26 PM
Yeah, Im sure that it was just nice a Bankruptcy, so they could escape their debt and start all over again.. I detest companies/people that get away that loophole, while the lenders are left to piss into the wind... $10,000 worth of magnets and they don't have to repay that.... sickening, and lord knows what other companies got the same treatment.. :(

If in fact that is the case... It sure wreaks badly of it... Restructuring... HA

Couldn't agree more. Bankruptcy law really rubs me the wrong way. While I don't think people (or companies) should automatically be screwed with no second chances for one mistake, bankruptcy is such an easy copout. Sure, there are punitive aspects of bankruptcy, but IMO it's not nearly as severe as it should be. Those creditors likely won't see a penny of the money they are owed, and that's just not right. Anyway, rant over. Back to subwoofers...

hcw3
01-09-08, 01:46 PM
Sounds like some creditors missed the boat of putting a lien on or trying to acquire intellectual property or patents from TC...

Ricci
01-09-08, 02:17 PM
If TC did go bankrupt and the reason for the switch to the Audiopulse name is to throw off creditors then that's shady as hell. It's also sad. They have some of the best drivers in the world. I do hope that they get things back together though and the PE thing goes through because I still want to get some LMS drivers at some point. Actually PE should just outright buy TC and whip things into shape. As far as i know the only companies that they licensed LMS tech to was Eclipse and Soundsplinter and that'll be a shame if that's it. I wonder how this bodes for Soundsplinter?

Warpdrv
01-09-08, 02:32 PM
If TC did go bankrupt and the reason for the switch to the Audiopulse name is to throw off creditors then that's shady as hell.



Welcome to the American Way !!!! The loop holes for those scenarios are cr@p... and should be changed to be more stringent...

oneeyeblind
01-09-08, 02:39 PM
If TC did go bankrupt and the reason for the switch to the Audiopulse name is to throw off creditors then that's shady as hell. It's also sad. They have some of the best drivers in the world. I do hope that they get things back together though and the PE thing goes through because I still want to get some LMS drivers at some point. Actually PE should just outright buy TC and whip things into shape. As far as i know the only companies that they licensed LMS tech to was Eclipse and Soundsplinter and that'll be a shame if that's it. I wonder how this bodes for Soundsplinter?


If they going out of business I think soundspliter can just take the designs and go to a manufacturer and say here make this for me. As for the LMS as fair as I know it wasn't their main stay driver.

AS for Eclipse I have no idea why they dropped TC sounds and this was a while ago. I know that svs was trying to save money by bringing it in house and they also benefited from quicker turn around times on parts and prototypes.

Woofy
01-09-08, 06:57 PM
I picked this up on the soundsplinter forum-it seems to shed some light if you read what he (MIKE) has to say.

Dec 21 2007, 05:10 PM Post #14

(When? RL-i8 back in stock)


I feel it is necessary to update this thread.

As many already know, I have had some serious supply problems with our baskets on this product, and to compound that matter, my manufacturer is going to be closing down their current facility and relocating early in the new year. My most sincere apologies for these ongoing delays. Up until two weeks ago, I was not aware that my manufacturer would be going through such a major restructuring and had only been told that the delayed baskets were the bottleneck holding up the progress. Now that I understand the scope and intricity of the delay, I recognize that February will be the absolute earliest that these drivers will again be available, as that will be the earliest time to expect the new manufacturing facility to be up and running.

It was not my intent to mislead as I wish to be as forthcoming as possible, but I do feel bad about having had to consistently revise and lengthen my availability estimate on this product. Unfortunately, I simply did not have access to the information necessary to make an accurate estimate. Nevertheless, if you would like to be kept on a waitlist for this product, just shoot me a PM with your email address and I'll be sure to drop you a line as soon as they are ready to roll out. Many thanks for your continued patience.

For reference, the following products are currently available:
RL-i10 S4
RL-i10 D4
RL-p12 D2
RL-p15 D2
RL-p15 D4
RL-p18 D2
RL-p18 D4
RL-s12 S4
My hopes for everyone to have a safe and happy holiday season!

Woofy
01-09-08, 08:15 PM
Out of curiosity I just contacted Kevin at kevin@one-magnet.com

If you contact him and request documents or proof-He will provide that via e-mail along with attachments of documents! Sad but true!

l

kevin-chen
01-09-08, 10:52 PM
Dear All,

I am Kevin, from China. We are one of the vendors of TC Sounds in China. It is right that TC Sounds has declared bankruptcy, and begin to use the name name of Audiopluse, for they want to throw off the creditors, even if they have enough money to pay it. As far as I know, in the past, the owners of TC Sounds, Thilo Stompler and his mother named Christa Stopler, changed the old name to TC Sounds in order to escape the creditors.

They are really bad people I met in USA. They have worst credit. The speakers they sold to PE are inculded my magnets. I do not know why they can do that bad thing to me.

I do not know USD10280 is large or not for Americans, but it is really large for me.

Hope everyone here can give me some suggestion to get the money back.

Thank you in advance,

Best Regards
Kevin
kevin@one-magnet.com
Mobile phone: 8615959221615

mojomike
01-09-08, 11:01 PM
$10,000 is certainly enough to be upset about, but unfortunately trying to recover it going through the legal system could cost many times that amount.

kevin-chen
01-09-08, 11:01 PM
When there is this much smoke, there is most likely fire. The TC drivers had built up a reputation of being some of the best drivers out there. It makes no logical sense to abandon that name unless you are running from something like your creditors, for example.
Dear Sir,

I am Kevin from China, now we become one of the creditors of TC Sounds.
I do not know whether TC Sounds will bankrupt as its owner Thilo Stompler and Christa Stompler said. But I am sure they will use the new name of Audiopulse. And do not pay money to us. They have worst credit in the speaker market.

Best Regards
Kevin

kevin@one-magnet.com
Tel:008615959221615

ChrisPC
01-10-08, 12:05 AM
Welcome to the American Way !!!! The loop holes for those scenarios are cr@p... and should be changed to be more stringent...


Actually, the laws were made much more strict a couple of years ago. It's much harder to declare now, and you have to pay a lot more.

ransac
01-10-08, 12:24 AM
They have worst credit in the speaker market.

I am sorry this has happened to you, but welcome to doing business in the US. This kind of thing happens all the time and you will learn that getting low profit margins to get US business will put you at risk when the US company goes out of business. If you knew TC Sounds had such bad credit, why did you do business with them. You should at least demanded cash in advance.

I don't feel the Stompler's are hiding as the old TC Sounds web link still works and takes you to the Audiopulse site.

Anyway, we are trying to learn how to compete with low Chinese labor and you are going to have to learn how to deal with US Bankruptcy courts. I do know it hasn't been a picnic for US companies dealing with the Chinese government.

kevin-chen
01-10-08, 12:32 AM
In fact, I know I can not get the money back now. I just hope all people will know their bad business credit, and be careful when do business with them( Thilo Stompler and Christa Stmpler).

kevin@one-magnet.com

kevin-chen
01-10-08, 12:36 AM
I am sorry this has happened to you, but welcome to doing business in the US. This kind of thing happens all the time and you will learn that getting low profit margins to get US business will put you at risk when the US company goes out of business. If you knew TC Sounds had such bad credit, why did you do business with them. You should at least demanded cash in advance.

I don't feel the Stompler's are hiding as the old TC Sounds web link still works and takes you to the Audiopulse site.

Anyway, we are trying to learn how to compete with low Chinese labor and you are going to have to learn how to deal with US Bankruptcy courts. I do know it hasn't been a picnic for US companies dealing with the Chinese government.
In fact, all Chinese businessmen trust that Americans have good credit. And we are willing to do business with Americans. But there are still bristletails in USA.

ransac
01-10-08, 12:40 AM
In fact, all Chinese businessmen trust that Americans have good credit. And we are willing to do business with Americans. But there are still bristletails in USA.You are just going to have to subscribe to and learn to use Dunn & Bradstreet (D&B). It is the business credit rating system American companies use to check credit worthiness of American companies.

Tack
01-10-08, 11:32 AM
But, Randy, D&B is an American resource, and its not free.

So we'll have to think of something else......

ransac
01-10-08, 11:55 AM
But, Randy, D&B is an American resource, and its not free.

So we'll have to think of something else......
I don't know if you have to be a US company to subscribe to D&B, but the cost to run a credit report is well worth it if you are going to be extending thousands of $ of credit or terms.

I just checked and D&B is international.

iceperson
01-10-08, 12:00 PM
I don't know if you have to be a US company to subscribe to D&B, but the cost to run a credit report is well worth it if you are going to be extending thousands of $ of credit or terms.

D&B is worldwide. Not that it would have been much help if they closed shop and essentially created a new company as the DUNS numbers wouldn't have matched. Oh, and by limiting your business to D&B members you're going to exclude quite a few smaller and/or newer companies.

Tack
01-10-08, 12:05 PM
That was my attempt at sarcasm. It went as well as my day has been going so far ;)

jsalk
01-10-08, 12:35 PM
I don't quite know what to make of this, but I just talked to Thilo and he said none of this was true. I know no details, but have never had a problem with TC Sounds.

- Jim

04FLHRCI
01-10-08, 12:45 PM
Jim/All,

I emailed Audio Pulse last week inquiring about KC area dealers; pasted below is Ron Brown's reply:

"Larry,

We don’t have a dealer in KC at this time.

Our 18’s baskets are on backorder and it’ll be a good month and a half until we have more baskets.

By then we will most likely have a KC dealer."

It doesn't seem logical for Ron to respond in such a manner if they're experiencing serious problems; apparently they're still attempting to build a dealer network...

Larry


I don't quite know what to make of this, but I just talked to Thilo and he said none of this was true. I know no details, but have never had a problem with TC Sounds.

- Jim

ransac
01-10-08, 12:52 PM
That was my attempt at sarcasm. It went as well as my day has been going so far ;)I first read it as sarcasm, but without a smiley, it is hard to tell. I guess I shouldn't be giving a Chinese company any more tools to screw US companies.

mojomike
01-10-08, 01:34 PM
Jim/All,

I emailed Audio Pulse last week inquiring about KC area dealers; pasted below is Ron Brown's reply:

"Larry,

We don’t have a dealer in KC at this time.

Our 18’s baskets are on backorder and it’ll be a good month and a half until we have more baskets.

By then we will most likely have a KC dealer."

It doesn't seem logical for Ron to respond in such a manner if they're experiencing serious problems; apparently they're still attempting to build a dealer network...

Larry

They have attempting to build a dealer network since last summer. The whole thing has really bad feel to it. Has anyone actually bought and received an Audiopulse driver?

ransac
01-10-08, 01:46 PM
I don't quite know what to make of this, but I just talked to Thilo and he said none of this was true. I know no details, but have never had a problem with TC Sounds.

- Jim
I have worked for companies when they were going bankrupt. They don't make any appearances on the customer facing side that anything is wrong. They want customers to keep buying (or at least sending money) until the last minute. On the supplier side, they quit paying bills, but will continue to order supplies as long as a vendor will carry them. If they are going into reorganization, then this is the way they have to conduct business. If they are going into closure, then it is very unethical.

I am not saying any of this applies to TC Sounds as I do not know their situation. Sometimes companies change names, but it doesn't eliminate their debt.

rlj5242
01-10-08, 02:00 PM
Has anyone actually bought and received an Audiopulse driver?There are dozens of people in the usual car audio forums who posted pictures of their Audiopulse drivers.

-Robert

Ron Temple
01-10-08, 02:06 PM
I have worked for companies when they were going bankrupt. They don't make any appearances on the customer facing side that anything is wrong. They want customers to keep buying (or at least sending money) until the last minute. On the supplier side, they quit paying bills, but will continue to order supplies as long as a vendor will carry them. If they are going into reorganization, then this is the way they have to conduct business. If they are going into closure, then it is very unethical.

I am not saying any of this applies to TC Sounds as I do not know their situation. Sometimes companies change names, but it doesn't eliminate their debt.When I used to be an employee, it happened to me a couple of times as well. The last case was sad. The company lasted 22 mostly profitable years, but when it went bad, it was fast. In many cases, there's just not enough reserve or time for recovery. The owners can lose everything depending on how they financed the startup. I feel sympathy for all parties involved. That doesn't mean I excuse unethical behavior...it can escalate into a sinking ship metaphor easily.

Woofy
01-10-08, 06:21 PM
This is from www.forumshawaii.net

Quote:
Also regarding TC, there are a lot of rumors going around, but they are out of business. Ask anyone to go there to verify it if they are in the area and they'll find a nearly empty building and phone line disconnected. In the past Thilo has sold a lot of stuff to PE as "famous maker buyout" type stuff. PE is selling audiopulse only because he sold off everything he had to them. They aren't picking up the line, just bought out remaining inventory cheap. Audiopulse was a last ditch effort to save the business by selling to dealers and getting money in advance... but anyone dealing the brands that TC has made in the past was warned against it. no dealers, and last ditch effort fell through. They've been hanging on by a string for about 5 years and it's amazing they went this far. Don't associate my name with any of this info just yet. It will all come out as public info soon.

mojomike
01-10-08, 07:09 PM
What you are saying is very believable under the circumstances. I just hope my TC drivers continue to work forever because I love'em and I'll miss them when they quit.

allanf714
01-10-08, 11:49 PM
Is Parts Express currently selling buyout Audiopulse product? (or is that yet to come?) I can't seem to find it.

Allan

Spezzy
01-11-08, 12:24 AM
This makes me wonder about SoundSplinter. The RL-P18 is made by TC I believe.
Sad.

Jakeman02
01-11-08, 01:02 AM
In fact, all Chinese businessmen trust that Americans have good credit. And we are willing to do business with Americans. But there are still bristletails in USA.

Sounds like you'll just have to take this one as an expensive lesson and remember, not even American Businessmen trust that Americans have good credit. Why would anyone else?

rlj5242
01-11-08, 08:08 AM
This makes me wonder about SoundSplinter. The RL-P18 is made by TC I believe. All of Soundsplinter's drivers are sourced from TC Sounds. As well as drivers Aerial Acoustics' and Krell's subs. Looking at the pics from CES this year, Eclipse seems to have gone to an off-shore build house. That may have been the nail in the coffin for TC Sounds.

-Robert

vitod
01-11-08, 08:38 AM
I recall when TC was coming out with finished subs. I guess all good things come to an end.:(

Woofy
01-28-08, 04:25 PM
Can Anyone log into audiopulse website? www.audiopulse.com Seems either my browser is broken or the website is down? Let me know if you out there have the same problem?

iceperson
01-28-08, 04:34 PM
Says my browser isn't supported using opera, firefox, and IE (screencap attached.)

Woofy
01-28-08, 04:39 PM
Says my browser isn't supported using opera, firefox, and IE (screencap attached.)

Well im glad it just isint me then-Looks like something is going on?

Woofy
01-28-08, 05:21 PM
http://www.networksolutions.com/whois/results.jsp?domain=audiopulse.com

Says its still active and not expired?

datgai
01-28-08, 07:32 PM
I just visited the site without issues

Woofy
01-28-08, 07:36 PM
Its back online now But it was down and verified by several people i know. Looks like its working again.

kevin-chen
01-28-08, 11:06 PM
Its back online now But it was down and verified by several people i know. Looks like its working again.
Dear All,
I am Kevin, from China. These days, many friends from USA sent me emails to ask the situation of the payment of USD10280 which TC owed us. Thank you all for concerning it.

In fact, Thilo Stompler and his mother, Christa Stompler still do not want to do the payment .

As far as I know, they do not bankrupt up to now, but just use another name of Audiopluse. I have Thilo's cell phone No. 001-8589526315.

They say they are very poor now, no car, no house and so on. But they cheated me. They are still running their business.

In fact, I am still doing my best to get the money back. But it is quite difficult. For Thilo do not answer the phone.

Kevin
kevin@one-magnet.com

Woofy
02-10-08, 02:09 PM
Here is some new information:

Hello I am Jake from Roadquake Car Audio & Wheels. I'm sure some of you are aware that we at roadquake are signed up as a direct dealer of the full Audiopulse line. I have public information inwhich thilo personally asked me to post for him do to the fact that he is very busy !!

The plan Thilo has organized involves the following : The Dealers whom have been decided on and approved will handle the responsibility of Sales, Sales Questions, Shipping and Technical support during the times that which Thilo, Ron and Julia may not be available. It will be the Dealers responsibility to handle Individual sales relevant to there arranged territory. This process is duplicated throughout multiple companies within the industry and will be handled in a identical manner.

If you have additional questions concerning this matter please feel free to conact me personally or contact your nearest Audiopulse dealer.


Thank you, Jake Ballard (ROADQUAKE CAR AUDIO SUPERSTORE !!)

Contact us at : (440) 888-1121, (440) 308-3116, OR ballerd09@yahoo.com
!!!! ROADQUAKE SALES WEBSITE IS UNDER CONSTRUCTION AND COMING SOON !!!!

04FLHRCI
02-10-08, 02:42 PM
Afternoon Woofy,

I'm not so certain of Jake; have you seen the manner in which he conducts himself on the AP forums?

Here is some new information:

Hello I am Jake from Roadquake Car Audio & Wheels. I'm sure some of you are aware that we at roadquake are signed up as a direct dealer of the full Audiopulse line. I have public information inwhich thilo personally asked me to post for him do to the fact that he is very busy !!

The plan Thilo has organized involves the following : The Dealers whom have been decided on and approved will handle the responsibility of Sales, Sales Questions, Shipping and Technical support during the times that which Thilo, Ron and Julia may not be available. It will be the Dealers responsibility to handle Individual sales relevant to there arranged territory. This process is duplicated throughout multiple companies within the industry and will be handled in a identical manner.

If you have additional questions concerning this matter please feel free to conact me personally or contact your nearest Audiopulse dealer.


Thank you, Jake Ballard (ROADQUAKE CAR AUDIO SUPERSTORE !!)

Contact us at : (440) 888-1121, (440) 308-3116, OR ballerd09@yahoo.com
!!!! ROADQUAKE SALES WEBSITE IS UNDER CONSTRUCTION AND COMING SOON !!!!

Woofy
02-10-08, 10:04 PM
I dont know too much about him. Does he have a reputation? But it looks as though the Dealers will be doing some of the work since TCsounds is so busy.

TheEAR
02-10-08, 10:28 PM
THIS is news...unfortunate but I am not surprised.

thepmac
02-11-08, 09:15 AM
or others:

If you feel you have been wronged in this situation, and if what people are commenting on here is legitimate....(This is only if there is possibly some shady business going on, I am not judging)
Report it here if you think it is possibly criminal
ic3.gov this is the internet crime website.
It can be used when one party rips off another.
It will walk you through all the steps to file a complaint.

Woofy
02-19-08, 10:55 PM
Afternoon Woofy,

I'm not so certain of Jake; have you seen the manner in which he conducts himself on the AP forums?



http://www.audiopulse.com/forums/index.php?showtopic=52&pid=724&st=40&#entry724


Look at all the post on this page-scary!!!!!!!!!!!!

TheEAR
02-20-08, 12:25 AM
Looks like some kids throwing cheap insults at each other. The AudioPulse forums are not moderated, obviously.

The sad part is TC Sounds had sone great sub drivers,and I purchased a few ...would have purchased more if they did not have these delays.

subbass
02-20-08, 04:16 AM
Well I AM DEFINATELY NOT GOING TO BUY from TCSound :D
People in general mostly do not talk like that without a reason :confused:

Woofy
04-12-08, 06:25 AM
I know most all of you know are aware by now that Tcsounds has indeed declared bankrupsy! The Audiopulse forums are now shutdown .

http://www.bankruptcysales.com/view_assets4.cfm?ID=7023

http://www.audiojunkies.com/blog/1244/tc-sounds-patents-up-for-auction

biomed_eng_2000
02-13-09, 01:20 AM
...

ransac
02-13-09, 10:07 AM
...Why the bump?

biomed_eng_2000
02-13-09, 12:45 PM
I replied to it and then saw the thread was very old, so my reply was not relevant. So I erased my comment.

But if you want to know why bankrupcties are REQUIRED in our current system of banking/economy watch this 40 minute video, watch the whole thing: http://video.google.com/videoplay?docid=-9050474362583451279

Why the bump?