Ok so let me chime in here. Since I know more of the back end inner workings than most and the deals that have transpired from the GTM to Gamma
|
|
LinkBack | Thread Tools | Display Modes |
10-01-2015, 03:42 PM | #61 (permalink) |
Premium Member
Join Date: Jan 2009
Location: North GA
Posts: 6,831
Drives: Twin Turbo Z34
Rep Power: 3682 |
Ok so let me chime in here. Since I know more of the back end inner workings than most and the deals that have transpired from the GTM to Gamma transition. Like many of you I have outstanding items that are owed. I will not go into my personal details because I do not feel the need to vent them here.
SAM: - Sam sold the intellectual rights to a foreign group that has taken over the product line. - GTM is no more and Sam was hired by the new company... - Sam is no longer making decisions financially for the company. So asking him will get you "nowhere" trust me on this... - Sam on all the documentation/licensing is on purpose and I will go into that in a second. - Sam's role has been strictly limited to R&D and the Tech side of the house. The New Guys: - The new guys are not US based and when they bought the intellectual property of GTM. They hired Sam to keep developing products. - Because the new guys are not stateside they needed help in getting the new business up and running ASAP. In this they needed to retain the licenses, permits within rancho Cucamunga, CA. This is why you see Sam's name on the documents. Sam had to retain and procure these as part of the buy out. - The new guys legally did not obtain the debt that GTM or Sam owed. In that right they dont have to do squat for us that are still owed. This is a reality and one that I wish wasnt so. Buying stuff from Gamma: - Im not going to tell you to buy or not to buy from the new guys what I am going to say is that the new operation is slow going and they are being strategic on who they offer compensation to. -The new guys have an uphill battle to fight due to the actions of the predecessor. In that regard they have been offering deals for existing customers with items still owed like the OP. - To the extent of who for and how long this will last I haven't the faintest clue and like many of you I am trying to be made whole as well. ^^^^ The above are facts... not my opinion but of what is truly transpiring behind the scenes. I wish I could give more but until I vet out the information I have I wont post hearsay. MY OPINION: If Gamma wants to make an impact with the community they should target the existing customers and make things "right" as they can. By doing so it will cost them heavily financially but it can be written off in the tax burden and in the same time help build the name for the new company Gamma Motors. As far as pricing they will need to remain competitive as they bought late into the game. Raising the prices without investing into higher quality and more performance is going to get them less of the market share. I have stated to Sam to pass along to the new owners the idea to purchase an Orbital welder. This investment alone would save them time and money while also providing them perfect welds on every pipe that leaves their manufacturing line. The QA issues of GTM would effectively been eliminated in regards to previous piping. At the same time they should focus on innovative designs and not just high profit margins at the onslaught. The way the perception the company is getting is that they took over and raised the prices without addressing the issues GTM had in the past... To the new owners "Perception is reality" in the eyes of the customer. Until you can break through the barriers of: Debt to customers, Supply Chain Issues, Quality control issues, and customer communication problems to name a few you will not gain the market share you were hoping to buy into. I have run several businesses and I run an international program for a fortune 100 company. I know what it takes to be successful and I am probably one of the few here who can see past the emotions and see what needs to be done to make sure that Gamma is successful but MORE importantly you are a good steward to the market place and you repair the damage to the customer base... My Recommendations to the new owners: -Whether you like my opinion or advice here is a list of some simple steps to fix the problems you are facing and will face in this uphill battle to gain market share: Step 1: Work with Sam to consolidate the list of Debts owed to customers. Offer a product for forgiveness of debt. Current Retail value of product to cover debt owed (and in the case like the OP cover the kit as your costs are not that high for the kits being made). This will gain you a forward step in the community and probably get your ban lifted. Step 2: Keep your product offerings limited while you are in this start up phase. One of the problems GTM had was a wide and deep product line but only being able to deliver on a narrow and shallow product depth. Step 3: bring your work in house! Bring your casting Stateside! If Other companies can do it at a lower price point so can you! This means you will have to invest into your market and not be a fly by night operation... Lower profits but more kits sold. The way this market works is by quantity and quality of kits. Step 4: Invest into targeted technologies that are relatively low cost but reduce your overall production costs. The orbital welder is a perfect example! Instead of outsourcing your welding and paying a premium spend the $20-$50k and be able to have perfect pipes that a customer is willing to pay a premium for! I know I for one would have paid an additional $500 for orbital welds on all my piping! Even at that pricing you break even within your first 100 kits sold! Step 5: Offer an upgrade path on the current designs! V3 Manifold upgrades for all those with the current V2 manifolds. for those with warranty issues offer a low cost solution to upgrade. Make sure to cover your costs but at the same time not break the customers bank! Step 6: Hire a marketing manager that can present your company! A face of the business that people can trust! Keep clear and open communication and always always tell the truth! If something is going to be late or their is a complication the customer wants to know about it! You would be surprised how flexible most customers are given clear and proper communication. Step 7: Choose 1 of the 2 - Choice 1 - Be a performance shop and take in builds or Choice 2 - Be a manufacturer and utilize your own cars for test beds... nobody wants to give up their car for years to be a test dummy! Now I can go on and on how you should do business. Being a business owner myself I always relied on my reputation to gain new work. In the car scene in America you will need the same! I say you honor the OP and send him the kit he already paid for. At this point in time you need all the positive publicity you can get! as the nissan community is not going to let this blow over in the next several years... If you want to make money make things right first and you will have a much larger loyal customer base! -Mike
__________________
Shop Cars: 2013 318whp Nismo VspecII 370z *SOLD*, 2009 1000hp+ 93oct 4.0L TT 370z Fast Intentions STAGE 4 #054 |
10-01-2015, 03:43 PM | #62 (permalink) |
A True Z Fanatic
Join Date: Jul 2011
Location: Pittsburgh PA
Posts: 38,517
Drives: 15 GT-R BE/09 370Z
Rep Power: 1402085 |
she said she was gonna suck my dick from the back......I aint ever had that before Craig!
__________________
324whp/258wtq AAM Tuned |F.I. NonRes CF CBE/NonRes TestPipes #373|UpRev Tuner|Akuma Motorsports Intakes|Z1 34 Row Oil Cooler |
10-01-2015, 04:27 PM | #63 (permalink) |
A True Z Fanatic
Join Date: Mar 2011
Location: NJ
Posts: 2,400
Drives: slowly
Rep Power: 40569 |
I find it hard to believe the owner (Sam is the registered owner) of a company has no say in it's finances or operations. I also find it hard to believe that they couldn't find anyone in CA to register a LLC with beside SAM, why would your trust someone with the legal responsibility of ownership who you know is untrustworthy. Finally, the part's he/they are importing are from China, so you might as well get your TT or SC kit of eBay then from GAMMA/SAM.
|
10-01-2015, 04:35 PM | #64 (permalink) |
Enthusiast Member
Join Date: Feb 2013
Location: ROCKAWAY NJ
Posts: 458
Drives: 2011 NISSAN 370Z
Rep Power: 12 |
I dont know why people would even contemplate buying anything from this company. Low prices on quality parts. Hahahaha. My a$$. Thats why everyones tt manifolds are breaking left and right. I have the aam kit and have no complaints. Have not seen any break on the aam kit or the fast intentions kits. With them comparably priced why would you even contemplate giving them any money. I read all the time fast intentions stepping up for their customers in times of need. Aam hooked me up on my exhaust and fuel system when i had delays on my car. Its like jumping through the flaming ring of death hoping to somehow not get burned. I wouldnt buy an oil filter from these guys. I was gonna buy their supercharger kit before all this.
__________________
Aam competition twin turbo 540whp @ 9psi |
10-01-2015, 04:44 PM | #65 (permalink) | |
Premium Member
Join Date: Jan 2009
Location: North GA
Posts: 6,831
Drives: Twin Turbo Z34
Rep Power: 3682 |
Quote:
1. Getting EPA permits in CA "the nazi State" is near impossible and takes a lot of time and bureaucracy. 2. I can tell you right now from talking to sam and other parties involved he has no decision and is simply holding the documentation for the business. As I stated earlier perception is reality in the eyes of the customer... In your eye's because he is the registered agent that he is running the place. Did you know that most companies have a female registered agent in order to get minority status for contracts even though the company isnt really minority owned... This is a tax, legal loophole they are using to get up and running quickly. If you you want to put this all on Sam that is your prerogative. However, I can tell you from my in depth conversations that he has very little say in those matters. 3. Your confusing business deals with an emotional response on yours or maybe just other peoples perspectives. I can tell you the group that bought it out have a different perspective all together. There is a lot that most do not know and the limited information you have is what has shaped your perception of Sam and the new company. 4. Parts from China = EBAY lmfao! You know the iphone or android device you use is made in china right... You know that car you drive uses chinese parts, that chair you sit in has chinese parts, everything you touch has chinese parts!!! does that mean everything you own is a chinese piece of Crap??? I have bought and sold some high quality electronics and Carbon Fiber panels from China... and you know what the quality was Superb! why? because I did my due diligence. Many people go to SEMA for the show but every year I went was a business trip. Yeah I enjoyed the show but I picked up two manufacturers there from China that made parts for Lamborghinis as well as big names like Rigid Industries (they don't use them anymore). Both companies made quality parts that were near perfect. Sadly I couldnt do the UAM stuff through my Chinese vendor at the time... I wouldnt have had to refund and replace as many parts for clients over little defects... 5. I find it funny that we have so many google warriors in our club who act like they know business when they havent even filed the paper work for incorporation more or less for an EIN tax filing number... So before we go questioning everything maybe we should get all the facts straight? maybe a good idea before making blanket statements?
__________________
Shop Cars: 2013 318whp Nismo VspecII 370z *SOLD*, 2009 1000hp+ 93oct 4.0L TT 370z Fast Intentions STAGE 4 #054 |
|
10-01-2015, 04:47 PM | #66 (permalink) | |
Premium Member
Join Date: Jan 2009
Location: North GA
Posts: 6,831
Drives: Twin Turbo Z34
Rep Power: 3682 |
Quote:
__________________
Shop Cars: 2013 318whp Nismo VspecII 370z *SOLD*, 2009 1000hp+ 93oct 4.0L TT 370z Fast Intentions STAGE 4 #054 |
|
10-01-2015, 05:00 PM | #67 (permalink) | |
Enthusiast Member
Join Date: Feb 2011
Location: ontario
Posts: 370
Drives: 09 370z touring
Rep Power: 14 |
Quote:
|
|
10-01-2015, 05:36 PM | #68 (permalink) |
A True Z Fanatic
Join Date: Mar 2011
Location: NJ
Posts: 2,400
Drives: slowly
Rep Power: 40569 |
I'm just saying it's odd that this foreign company had to be based in CA and wanted to join up with this guy. Most people that do the minority or women owned business do it with their wife, they dont just grab a guy off the street and go get your a minority want to be a ceo? They do it with someone they can trust wont just sell the business and run off with the money. Please dont compare Lamborghini to GTM/GAMMA quality control and checks. Yea they both fet stuff from china but its not the same.
I have no issue with you saying that you know the people there and that they are all good guys and deserve a second chance. |
10-01-2015, 05:57 PM | #69 (permalink) | |
Premium Member
Join Date: Jan 2009
Location: North GA
Posts: 6,831
Drives: Twin Turbo Z34
Rep Power: 3682 |
Quote:
__________________
Shop Cars: 2013 318whp Nismo VspecII 370z *SOLD*, 2009 1000hp+ 93oct 4.0L TT 370z Fast Intentions STAGE 4 #054 |
|
10-01-2015, 06:00 PM | #70 (permalink) | |
A True Z Fanatic
Join Date: Dec 2009
Location: SATX
Posts: 3,296
Drives: Z
Rep Power: 21 |
Quote:
and it does not get closed, the mods are all about "just deserves" over there, Shouldn't be that hard, and these ******** seem like they deserve it
__________________
09 GT-R 12' 370Z 7AT HANDED DOWN 12'+13' 5.0 SOLD |
|
10-01-2015, 06:11 PM | #71 (permalink) | |
A True Z Fanatic
Join Date: Dec 2009
Location: SATX
Posts: 3,296
Drives: Z
Rep Power: 21 |
Quote:
I see what your getting at here, but the end result is the customer is getting screwed over. What ever the business side of things is, should be handled by THE business** None of this is the customers fault and thats where all the D is being received. He agreed as a buyer to the terms at the present time, and the seller fell through his half of the transaction. Its that plain and simple, and anything outside of that is a BS excuse. This is not how business should be conducted, the amount of time wasted, and we are not talking about an intake here....the guy already forked over a pretty penny...I would love for some justice for OP...get the better business bureau involved, idk..something
__________________
09 GT-R 12' 370Z 7AT HANDED DOWN 12'+13' 5.0 SOLD |
|
10-01-2015, 06:17 PM | #72 (permalink) | |
Premium Member
Join Date: Jan 2009
Location: North GA
Posts: 6,831
Drives: Twin Turbo Z34
Rep Power: 3682 |
Quote:
__________________
Shop Cars: 2013 318whp Nismo VspecII 370z *SOLD*, 2009 1000hp+ 93oct 4.0L TT 370z Fast Intentions STAGE 4 #054 |
|
10-01-2015, 06:29 PM | #73 (permalink) | |
Premium Member
Join Date: Jan 2009
Location: North GA
Posts: 6,831
Drives: Twin Turbo Z34
Rep Power: 3682 |
Quote:
__________________
Shop Cars: 2013 318whp Nismo VspecII 370z *SOLD*, 2009 1000hp+ 93oct 4.0L TT 370z Fast Intentions STAGE 4 #054 |
|
10-01-2015, 06:32 PM | #74 (permalink) | |
Enthusiast Member
Join Date: Mar 2013
Location: Central Florida
Posts: 457
Drives: 2013 GM 6MT
Rep Power: 14 |
Quote:
|
|
10-01-2015, 06:46 PM | #75 (permalink) | |
Premium Member
Join Date: Jan 2009
Location: North GA
Posts: 6,831
Drives: Twin Turbo Z34
Rep Power: 3682 |
Quote:
__________________
Shop Cars: 2013 318whp Nismo VspecII 370z *SOLD*, 2009 1000hp+ 93oct 4.0L TT 370z Fast Intentions STAGE 4 #054 |
|
Bookmarks |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
To all members: GTM = Gamma Motors | cdoxp800 | Forced Induction | 83 | 08-09-2015 01:15 PM |
Any recent financings? | scottIN | Nissan 370Z Pricing / Ordering Discussions | 14 | 01-05-2012 06:23 AM |