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  #1  
Old 01-17-2014, 02:57 PM
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Originally Posted by wiedemab View Post
Thank link didn't work fore me, but I googled and found this - - not sure if the latest news of bankruptcy is true, but if I read this correctly, they've been there before.

http://www.tneb.uscourts.gov/sites/d...08-34321_8.pdf

edit- - -just found this in my searches....

http://business-bankruptcies.com/cas...ngineering-inc
BUMMER...so what about the guys that have there trans in there car! what if it needs rebuilding?
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Old 01-17-2014, 03:36 PM
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It's hard to say what this actually means. Bankruptcy doesn't necessarily mean that they will cease to exist, but it may. They may restructure and continue to operate.

Edit: - - It appears that the most recent filing is Chapter 7. Thanks to GW for pointing that out below.
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Last edited by wiedemab; 01-17-2014 at 03:47 PM.
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Old 01-17-2014, 03:42 PM
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CHAPTER 7 is LIQUIDATION of assets


CHAPTER 11 is Reorganization
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Old 01-17-2014, 03:46 PM
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CHAPTER 7 is LIQUIDATION of assets


CHAPTER 11 is Reorganization
Good catch Greg. --- Yep - no reorg on this one. Yikes
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Old 01-17-2014, 08:40 PM
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Quite a few familiar names on the creditor list - sucks to see good people get taken.
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Old 01-17-2014, 09:11 PM
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Hard to succeed in a business when you are the middle man. I think Keislers problem is they were very vulnerable to their supplier. No transmissions to sell, no customers to buy. Take people's money and don't deliver the product for MONTHS! gets you a bad reputation quick! Less sales and lost sales...Ouch

These manual transmission places must be the worst business to have. How much money can you really make selling a badazz transmission when you have to pay someone else to make them and sell them competitively against Tremec and STILL MAKE MONEY???. Not to mention the 6 speed is a much more popular swap. Places like APT and Keilser try to sell the customer service BS, but it even isn't that great. Being that APTs employees are ex-Keisler employees no wonder its like dealing with the same company.

Now that Keisler is out of the game, I discourage service with APT too.

Give your money to someone who is more reliable.


Now makes me wonder.....what am I going to do when my Keisler slave/bearing goes bad....
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Old 01-17-2014, 10:21 PM
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Use the McLeod piece
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Old 01-18-2014, 08:24 AM
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Quote:
Now makes me wonder.....what am I going to do when my Keisler slave/bearing goes bad....
I did not like the idea of being reliant on them and they acted like they had figured out cold fusion in terms of sharing information, so I redid the hydraulics on my transmission to use a GM bearing I can buy anywhere.

I still have the unused one from my kit, PM me if you're interested in a spare.
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Old 01-20-2014, 10:13 AM
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Quote:
Originally Posted by badazz81z28 View Post
Hard to succeed in a business when you are the middle man. I think Keislers problem is they were very vulnerable to their supplier. No transmissions to sell, no customers to buy. Take people's money and don't deliver the product for MONTHS! gets you a bad reputation quick! Less sales and lost sales...Ouch

These manual transmission places must be the worst business to have. How much money can you really make selling a badazz transmission when you have to pay someone else to make them and sell them competitively against Tremec and STILL MAKE MONEY???. Not to mention the 6 speed is a much more popular swap. Places like APT and Keilser try to sell the customer service BS, but it even isn't that great. Being that APTs employees are ex-Keisler employees no wonder its like dealing with the same company.

Now that Keisler is out of the game, I discourage service with APT too.

Give your money to someone who is more reliable.


Now makes me wonder.....what am I going to do when my Keisler slave/bearing goes bad....
Man I am on the same boat as you are. I have recently installed my Keisler slave cylinder kit and gor read of the crappy Mcleod TOB that failed,

Now I am wondering if that bearing fails, then there is no spare for it
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Old 01-17-2014, 03:51 PM
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Quote:
Originally Posted by GregWeld View Post
CHAPTER 7 is LIQUIDATION of assets


CHAPTER 11 is Reorganization
Yep, that'll make it tough to get your money back. I'd be contacting my credit card company if that's how you paid, at least for those of you that ordered recently.
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