Raysonic gone belly up, is this a hoax? Read on...


Found this recently, if this is for real ?

http://www.stereo.net.au/forums/index.php?/topic/45608-raysonic-has-gone-belly-up/
sonicbeauty
I have owned several Raysonic pieces over the years and all have performed flawlessly. I currently use the CD 238 in my reference system. It bested many Esoteric brands (including Esoteric :) in home and store compatisons. I would not trade its perfomance or sound quality for any other sub $5000 player I have heard. I have been assured and am certain that the dealer I have purchased my Raysonic gear from (Quest For Sound) will properly handle any warranty issues that may arise.
I have owned a number of Raysonic pieces over the years, including the SP-120 integrated amp and several CD players. They have all performed flawlessly. I currently use the 238 CD player in my reference system. I would not exchange its performance or sound quality for any player I have heard or auditioned in recent years. It has outlasted and bested players from Sony,Rega,Cary,Marantz,Unico and Esoteric I have purchased all of my Raysonic gear from Quest for Sound, and have complete confidence that they will handle any warranty issues that may arise.

This subject is not about Raysonic products or product quality, but about whether they did close shop leaving their employees out in the cold or not.
A similar letter was posted on 6 moons a while ago,
http://www.6moons.com/lettersfeedback/negative.html
It's a shame what happened to the workers in that factory.

Regarding the claims of quality, I have no doubt whatsoever as to their validity. That's the thing that a lot of customers don't get to see in regard to the Chinese high-end audio manufacturers.

Several years ago, I imported an even larger Chinese high-end audio brand. The quality of their gear was so poor it defies description. There are just too many examples to list, but a few happen to stick out as noteworthy:
1) In my initial order, I received 10 of one of their CD player models, 8 of which were bad right out of the box
2) One run of their turntable motors ran backwards. I figured they'd be perfect for Led Zeppelin's Stairway To Heaven
3) I once received a pair of their "reference" monoblock amplifiers, where one of the amps not finished, and was missing a bunch of critical internal parts

Beyond this, a friend of mine, who is one of the more well known dealers in the country, and I got together for lunch two weeks ago. He told me an anecdote about what's probably the largest Chinese high-end audio company. He needed a bunch of their DACs, so he visited the importer, who is local to him. The importer always opened each box, as he had to test every unit to see if it worked or not. Anyway, it took them most of the day to round up his order, as more than 50% were defective right out of the box. Scary.