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Cathar · 03-02-2006, 08:40 PM

Hmmm. I just got off the phone to Gabe.

Very interesting discussion.

In short, aside from us not talking for about 5 months, the matter of royalties over the Storm was settled on the spot, and that'll be happening. Swiftech, at least from my point of view, seems to be continuing to act ethically and honouring our agreement, even though it took a phone call to fix it. Probably as much my fault for not talking to Gabe though, but it's all settled now, so that's that.

In short, Swiftech seems to be travelling well, after absorbing some transitional costs of moving various parts of production to China.

What I did find most interesting was that Gabe informed me that Erick (Lothar5150) had in the past expressed interest in buying Swiftech. Coupled with Bill's ongoing employment with Lothar5150 and Bill's current large number of shares with Swiftech, I am of my own opinion that perhaps the large reason for why this thread even exists is an attempt to drive down the price of Swiftech stock through enough negative press, so that Lothar, coupled with Bill's current stock ownership in Swiftech, can mount a cheaper take-over bid.

I mean really. The readers of Procooling really need to ask themselves. Why would Bill & Erick be sustaining this long term, out of the blue, attack on Swiftech? What's in it for them? If Bill owns stock in Swiftech, what would be in it for him to attack Swiftech. Only once we all understand that Bill's current business partner has aspirations to buy out Swiftech does the seediness of this thread start to make sense.

Despicable. Deplorable. Distasteful. Disgusting. All terms I've come to associate with Erick over time.

Have a think about it everyone. Ask yourselves what makes sense.

Be prepared for the usual backlash responses by Bill and Erick, but really, what are they both doing here bagging out Swiftech for? What is in it for them. I reckon it's all starting to make sense now.

Sad. Sad that an enthusiast forum reader base would be subjected to such sleazy business shenanigans. I don't even understand why the Procooling owners tolerate this thread's existence.

03-02-2006, 08:40 PM	#42
Cathar Thermophile Join Date: Sep 2002 Location: Melbourne, Australia Posts: 2,538	Re: Is Swiftech going down for the count? Hmmm. I just got off the phone to Gabe. Very interesting discussion. In short, aside from us not talking for about 5 months, the matter of royalties over the Storm was settled on the spot, and that'll be happening. Swiftech, at least from my point of view, seems to be continuing to act ethically and honouring our agreement, even though it took a phone call to fix it. Probably as much my fault for not talking to Gabe though, but it's all settled now, so that's that. In short, Swiftech seems to be travelling well, after absorbing some transitional costs of moving various parts of production to China. What I did find most interesting was that Gabe informed me that Erick (Lothar5150) had in the past expressed interest in buying Swiftech. Coupled with Bill's ongoing employment with Lothar5150 and Bill's current large number of shares with Swiftech, I am of my own opinion that perhaps the large reason for why this thread even exists is an attempt to drive down the price of Swiftech stock through enough negative press, so that Lothar, coupled with Bill's current stock ownership in Swiftech, can mount a cheaper take-over bid. I mean really. The readers of Procooling really need to ask themselves. Why would Bill & Erick be sustaining this long term, out of the blue, attack on Swiftech? What's in it for them? If Bill owns stock in Swiftech, what would be in it for him to attack Swiftech. Only once we all understand that Bill's current business partner has aspirations to buy out Swiftech does the seediness of this thread start to make sense. Despicable. Deplorable. Distasteful. Disgusting. All terms I've come to associate with Erick over time. Have a think about it everyone. Ask yourselves what makes sense. Be prepared for the usual backlash responses by Bill and Erick, but really, what are they both doing here bagging out Swiftech for? What is in it for them. I reckon it's all starting to make sense now. Sad. Sad that an enthusiast forum reader base would be subjected to such sleazy business shenanigans. I don't even understand why the Procooling owners tolerate this thread's existence.