Krell Moves to new location

@devinplombier

Perplexity AI reports the following but the posts above say the same thing. The most important statement below is “Krell’s ultimate success depends on resolving these issues and securing sufficient resources to restart operations effectively”.

“Krell Industries is currently in a state of transition. The company temporarily closed on June 18, 2024, following the unexpected death of its CEO, Rondi D’Agostino. The reopening process is complicated by probate issues and negotiations with the new majority shareholder. Despite these challenges, Krell aims to restart operations soon.

The company faces hurdles, including past financial instability, strained relationships with stakeholders, customer equipment in for repair and delays caused by the probate process. Additionally, competition for control over reopening adds complexity.

While progress is being made, the ultimate success depends on resolving these issues and securing sufficient resources to restart operations effectively”.

I have no further info regarding what is going on at Krell Industries. I have no equipment in for repair and am not in contact with anyone at Krell Industries.  What a mess this is.  

@thecarpathian 

Stored?? Or do you mean where ex-employees that got stung sold off gear for five cents on the dollar out the back door? Who knows where hundreds upon hundreds of items are this far along in the fiasco and who knows who to go after for anything missing. Pretty standard behavior of sinking ships.

@piebaldpython ,

At this point, yeah, pretty much. Hope not for the guys who've got gear there, but right now it doesn't look promising. 

@hiend2 It appears your assessment that Krell is moving was completely accurate. William Barnett has said on his Krell Facebook page that the new location is the same distance from his home as the old location. 

@bulldogger

Thanks for the info about the move to a new building. Do you have any information about the Delaware court case decision and a date for Krell Industries to reopen and start operations? Thanks.

In addition, do you have any information about the equipment Audiogon members have in for repair?