Audio Research filing for bankruptcy?


I just heard Audio Research might be filing for bankruptcy. This is a shock to me. I just called them a few days ago to have my Ref 6 upgraded to a Ref 6SE. I will also be the new owner of the Ref 750s. I was just wondering if they did go bankrupt what would all those millions of owners do about servicing their equipment. Should I be concerned? I’m alittle worried now. 

128x128Ag insider logo xs@2xtattooedtrackman

@onhwy61 Why do u say that about not sending in for an upgrade until this gets sorted out ? I already made the appointment and got my RA number. What do u think would could happen?

I wouldn't send gear out there right now.    A judge could padlock the building and you will never see it.   Chances are thats not going to happen but......

If they had sold millions, then they would not be in this position

IMHO as a 50 year hi-end audio junkie: this is just the tip of the iceberg, especially for uber expensive kit. Renting an apartment (or buying) in many popular cites is so out of reach for the 99% that even IF they were predisposed to hi-end kit, they cannot afford it: an 700 sft efficiency near downtown Ft Lauderdale is $1700-$3000/mo! And then cars are absurdly priced as is car insurance, etc, etc

Combine those issues with significantly better kit (compared to days of old) at <1/10 the price of the uber expensive kit and... well... RIP