djreef - while there are a number of us with "no skin" (didn't purchase or get burned), there are a those of us including Brian who recommended RA products to forum members looking for a sub. When the rails started coming off, examples of that being long delays in fulfilling orders, poor QA, shipping notifications that weren't authentic, etc. Some of those same members started pointing those problems out and the RA fans ran the buses over them on this forum. Even up to a few weeks ago you had Jeremy doing this himself, even though the matter had been settled months ago amicably by all parties involved.
You are right that Jeremy's business model was built on perfection, that was using customer's funds to buy materials to build other customers orders - this is similar on a smaller scale to what we've seen take place with those investing money too many times as they chase unrealistic returns. As soon as folks started wanting refunds the wheels came off the model of perfection.
RA failed because it was severely under capitalized, couldn't convenience enough customers to pre-pay 100% upfront including me a year ago, and missed too many delivery dates. I can show you a few PMs with a well respected forum member where we privately discussed how this resembled eD a year ago. If you had your eyes open, didn't get sucked in by the too good to be true pricing (similar to the guy promising you high returns in a down market), big woofers with big amps (who cared if they didn't use screws), estimated output (who cares about quality, give me output
) and thought about the excuses Jeremy was providing this same time a year ago (through a few weeks ago) - you could see trouble was brewing.
Anytime someone mentioned this all looked suspicious- see Mix - that bus started up. If the RA fans could have seen past the 21" woofers a number of folks on this forum wouldn't have been burned. The warning signs were present - a year ago. This is the same thing that happened with eD, it's hard when you believe in a company/ownership to see clearly.
I don't mean to pile it on but you didn't have to do business with RA to be pissed off about its failure. This whole debacle has given the ID industry a black eye, those of us who value said ID industry have a right to be pissed. Your comments about about one of the most respected sub maker in the world - IMO - is a perfect example of the damage this has caused. Being patient when doing business with Seaton is well documented on this forum and others. You've chosen wisely by the way.
I'm out - RA is cooked, done, gone. No one caused RA to fail except for its founder. I will be back if Mr. Edge returns, he's proven unworthy to do business with, hopefully the band has better luck. All the best to those who have RA products, long may they run.
P.S. Kudos to those who questioned RA when it wasn't popular to do so. We all favor those we do business with, that can make it easy to over look the warning signs. It's unfortunate a failure can show the value of AVS. A forum were members have your back.