Cannon/Stack-On/GunVault Holding Company (Alpha Guardian) Filed a Chapter 11

JRV

JRV

Everything’s a psyop
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If you have a safe, cabinet, or other product from these folks, heads up. You may want to contact customer service to see how it will affect warranties, service requests, etc.

Might be a good time to get a backup key in case they don’t make it through a reorganization.
 
JRV said:
If you have a safe, cabinet, or other product from these folks, heads up. You may want to contact customer service to see how it will affect warranties, service requests, etc.

Might be a good time to get a backup key in case they don’t make it through a reorganization.
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If their lawyer is any good, the only response you'll get would be, "We've file for reorganization under Chapter 11. Information regarding warranty and service work will be made available in due time."

IOW, I wouldn't waste the stamp.
 
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High production cost, low margin. How do you survive making a 800 lb chunk of formed steel at $599.99 while the others make almost the same item for $1399.99 or much higher. Their business model is flawed and sex appeal paint scheme is pitiful.
 
Ha! How ironic... I ordered 3 safes that were drop shipped from stack-on and they all came damaged 2x. They couldn’t ship me 1 good safe out of 6 and wanted to ship 3 more. Just throwing away money on because they wanted to save $3 on packaging.
 
Jerzsubbie said:
Ha! How ironic... I ordered 3 safes that were drop shipped from stack-on and they all came damaged 2x. They couldn’t ship me 1 good safe out of 6 and wanted to ship 3 more. Just throwing away money on because they wanted to save $3 on packaging.
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I used to do salvage auctions, and we always saw Stack-On cabinets that had been crushed and safes that were dinged so bad powder was coming out the seams.
 
Jerzsubbie said:
Ha! How ironic... I ordered 3 safes that were drop shipped from stack-on and they all came damaged 2x. They couldn’t ship me 1 good safe out of 6 and wanted to ship 3 more. Just throwing away money on because they wanted to save $3 on packaging.
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$3 is a production cost
damaged safes are insurance claims and tax write-offs.
 
DrScaryGuy said:
$3 is a production cost
damaged safes are insurance claims and tax write-offs.
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Working for a large manufacturer, I have to disagree. They’re not making insurance claims for every single damaged shipment. An entire damaged container from China, sure.
The $3 not spent on the front end is a larger hit to brand equity and consumer experience as well as increasing their transportation expense for duplicate shipments. Anyone looking at total cost would see this, and maybe that’s one of their problems.
 
Jerzsubbie said:
Working for a large manufacturer, I have to disagree. They’re not making insurance claims for every single damaged shipment. An entire damaged container from China, sure.
The $3 not spent on the front end is a larger hit to brand equity and consumer experience as well as increasing their transportation expense for duplicate shipments. Anyone looking at total cost would see this, and maybe that’s one of their problems.
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Completely agree. There is no way they are coming out ahead on any "insurance claim" from a product damaged in shipping. Proof in point? See the first post and title of this thread.
 
They need a new packaging engineer.

These things are designed to the lowest price point and their engineering (product, packaging) will be adjusted to chase the profit margin
 
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