Core Power Technologies


Does anyone know, is Core Power Technologies still around? I was considering purchasing (2) Ec1200’s but don’t want to be in a holding pattern for the next year. Are they or (Mark) still in existence? What’s the lowdown or suggestion of comparable item.
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From my perspective as one having been adversely affected by such dealers and manufacturers like that presented by CPT, one usually gets a radio silence response. I’m confused as to why CPT continues to stoke to flames with illusory promises of a potential buyer.

When there is a bonafide offer or interest by a third party to acquire a company’s assets, including IP, one doesn’t hear a word about the ongoing transaction behind the scenes until after the deal is done. In fact, from my dealings in doing due diligence of such acquisitions, the parties are usually bound by a confidentiality agreement that bars the parties from even discussing the most superficial aspects of the review. The reasons stem from concerns of not negotiating in good faith if such disclosures were made. All of this leads me to believe that as well-intended the above posts are about a prospective buyer, it’s not credible.
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@gdnrbob,

Bob,
Other than this, I don’t know of any other small businesses behaving like this.
Regarding health issues,Mark has had ‘health’ issues since the first day I met him.
Currently, I am dealing with my wife’s cancer and my mom’s stroke but do I come up here to ask for patience and sympathy?
It’s all delay tactics.

DEAR KEMPER

 

MAY I PLEASE ASK YOU TO POST THIS ENTIRE NOTE ON THE AUDIOGON FORUMS.

 

 

In keeping with our Lawyer’s request I’m still not going to be posting directly to the forum. Chris has asked me to stay away and just concentrate on the close which will surely be this coming week now that all parties are back home. I did however feel a short update is in order given the time this has taken.

 

By now most people have learned that we ended up taking the second offer we received. Dan and Modwright were generous with the first offer – but the second is much better for us both near term as well as on into the future. This probably ended up costing all of us an extra 3 to 4 weeks, but everyone has worked hard to get it done.

 

The very nice lady from cptstatus@outlook.com has returned from her Summer Holiday, so e-mails double checking anything owed to anyone will resume now until completed. I would estimate that she is 50 to 70% done. If anyone wants to double check anything they may do so by contacting me at:

 

303.594.7586 or corepowertech@outlook.com 

 

Forums speculation does not equal answers… enough said there.

 

We are grateful to everyone for their invested time, money and patience. I realize there has been too much of a time lapse here – but I just didn’t have a mechanism for going quicker. I will be sending some private notes after our Closing, but beyond that I’m pretty much done.

 

We have started shipping E=C 300’s (50’s and 150’s as well) and the like to those that wanted these instead of Deep Core. I have roughly a dozen 300’s and maybe 5 or 6 300’s and 50’s in old chassis styles. I’m going to post these and they roughly 20 or so Super Strokes left in stock. Please contact me if interested. They can ship with 24 hours notice.

 

More soon – thanks for posting this Kemper

 

Mark