Panamorph Power Buy Position Proving Impossible to Sell

It has been suggested that anyone who is unhappy with the

delay in delivery of the Panamorph lens can (1) ask for a refund (from whom, may I ask?), (2)sell their place in line to someone who'd like to take advantage of early delivery, or (3) wait for Cygnus to make delivery of a finished, warrantied product.


I have elected to follow course (2) by offering my position in line to an AVS Forum moderator who quite rightly would like to receive confirmation from Shawn Kelly of my position in the list of Power Buyers and that a purchase by him will result in a transfer by Shawn upon receipt of my email confirmation of the trade.


Consequently, I have contacted Shawn via email as has the prospective buyer seeking confirmation that I am at or about No. 20 on the list (as Shawn advised me via email on 25 June 2001) and advising him of our desire to effect a trade with Shawn's concurrence, since he's apparently the one handling the books on the power buy. This series of emails took place last week and on Monday of this week. To date, I have heard nothing back from Shawn, nor has the prospective buyer contacted me with any acknowledgement from Shawn. I know Shawn is extremely busy but is he the only person who works at Cygnus? Do they not have anyone else who can shoulder some of the burden of the enormously complex and onerous Panamorph purchase. Surely, Cygnus isn't a one-man show, is it?


The purpose of this post is to advise people who may be considering the sale of a Panamorph Power Buy waiting list position that such a sale is not easily accomplished despite a willing buyer and a willing seller. In fact, without Shawn's cooperation, it is impossible to make such a transfer and at this point it appears that Shawn is unwilling to get involved in such sales. This means the only recourse to waiting, waiting, waiting is to ask for a refund, which raises the question: Who will pay the refund amount?


Alan Gouger has indicated that his role in the sale was merely as a collector of funds (is that a fiduciary arrrangement?)for Cygnus and that Cygnus was the actual recipient of the funds of purchase. I have seen nothing in print ever from Shawn Kelly or any Cygnus representative that the Cygnus company was willing to pay a refund. I may have missed the actual post, but all I've seen are statements of refundability from third party posters.


If anyone has asked for and received a refund from Cygnus, I would please like to know from him how he went about it (i.e. whom at Cygnus to contact, how long did it take to receive good funds, etc.) If I were a gambling man I'd say the odds are no one has received a refund and that there is no mechanism in place at Cygnus to deal with the return of money to anyone.


If the Panamorph 751 was a hoax, as it is beginning to appear, the 752 is a cruel hoax and the 2:35 Power Buy is a con job. Caveat emptor.


jim