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Author Topic: The end of DJ Models?  (Read 24637 times)

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Offline Thorpe Parva

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Re: The end of DJ Models?
« Reply #210 on: June 13, 2019, 11:27:02 AM »
I have just received delivery of 4 Dutch Livery DJM Mermaids from Hattons. Not suitable for my modelling era but I will repaint in Black and/or Indian Red. I suppose it's possible that further production runs of Mermaids will happen but even so it's hard to imagine that it would be anytime soon. I already had the 4 black-livery models from the original production run so at least I now have 8 in total. 

Offline class37025

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Re: The end of DJ Models?
« Reply #211 on: June 13, 2019, 11:33:31 AM »
dare I hope, without being vilified, that part of the receiver's job will be to investigate where the money has gone ?

this has two advantages ....
1. as long as all above board, then it should stop any accusations of malpractice against Dave Jones,

or

2. if irregularities, then appropriate action can be taken.
typed by fur box mechanic - dictated by brain on a chain

Offline joe cassidy

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Re: The end of DJ Models?
« Reply #212 on: June 13, 2019, 11:36:03 AM »
dare I hope, without being vilified, that part of the receiver's job will be to investigate where the money has gone ?

In my opinion, no.

That's a job for the police.

Best regards,


Joe

Offline NGS-PO

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Re: The end of DJ Models?
« Reply #213 on: June 13, 2019, 11:39:59 AM »
Taken from the Liquidators documentation creditors received:

"....I have a duty to consider the conduct of those who have been directors of the Company at any time during the last three years.  I also have a duty to consider whether any civil proceedings should be taken against the directors or others for the recovery of, or contributions to, the Company's assets."
(PLEASE NOTE: Unless where obviously posting on behalf of the NGS, all posts and views are my own and not connected/endorsed by the Society.)

Anxiety is a lot like a toddler. It never stops talking, tells you youíre wrong about everything, and wakes you up at 3am.

I get nervous about just about everything. Sometimes I literally donít know why Iím anxious. I just am and no-one seems to understand that.

Offline class37025

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Re: The end of DJ Models?
« Reply #214 on: June 13, 2019, 11:46:53 AM »
dare I hope, without being vilified, that part of the receiver's job will be to investigate where the money has gone ?

In my opinion, no.

That's a job for the police.

Best regards,


Joe

can't see the plod getting involved, let's be honest it's hard enough to get them to do anything with real crimes
typed by fur box mechanic - dictated by brain on a chain

Offline Bob G

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Re: The end of DJ Models?
« Reply #215 on: June 13, 2019, 11:48:41 AM »
I would imagine that DJM paying in full (or even in part) for dies for two locos (N gauge 17 and IIRC an OO gauge 74) and not having access to those dies to produce models would be sufficient to hurt the business very badly indeed.

I donít think itís a sufficiently complex storyline to warrant a mini series being made.

Offline Snowwolflair

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Re: The end of DJ Models?
« Reply #216 on: June 13, 2019, 11:48:58 AM »
Taken from the Liquidators documentation creditors received:

"....I have a duty to consider the conduct of those who have been directors of the Company at any time during the last three years.  I also have a duty to consider whether any civil proceedings should be taken against the directors or others for the recovery of, or contributions to, the Company's assets."

It almost never happens unless there is evidence of imbeselment or fraud.  As the currency has fluctuated so much he can just point out to bad business decisions made in good faith and they wonít waist their time to pursue it.

Offline Bob G

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Re: The end of DJ Models?
« Reply #217 on: June 13, 2019, 11:59:33 AM »
I donít think this thread should continue like this.
Sure discuss your personal losses but speculation about malpractice needs to stop. Mods??? What do you think?

Online Bealman

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Re: The end of DJ Models?
« Reply #218 on: June 13, 2019, 12:07:54 PM »
I'm the only mod online at the moment and am just about to go to bed here in Australia.

I could lock the thread now, but I won't be looking at it again til I get up.

I'm therefore leaving it open but would suggest that everyone cool off a bit.

If it escalates in the meantime, we'll be looking at it.
Vision over visibility. Bono, U2.

Offline Only Me

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Re: The end of DJ Models?
« Reply #219 on: June 13, 2019, 12:17:02 PM »
I donít think this thread should continue like this.
Sure discuss your personal losses but speculation about malpractice needs to stop. Mods??? What do you think?

I see nothing wrong other than pure speculation, unless of course the poster is privvy to information the rest of us have no access to in which case I would advise against posting anything you could potentially get in trouble for.

Please  try and stay away from picking at the business ethics unless its proven by liquidators etc eh?
« Last Edit: June 13, 2019, 12:19:57 PM by Only Me »



Offline broadsword

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Re: The end of DJ Models?
« Reply #220 on: June 13, 2019, 12:20:08 PM »
I'm bidding for the movie rights for this saga....titled Big trouble in little China........

Offline class37025

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Re: The end of DJ Models?
« Reply #221 on: June 13, 2019, 12:44:13 PM »
I donít think this thread should continue like this.
Sure discuss your personal losses but speculation about malpractice needs to stop. Mods??? What do you think?

not sure if this is aimed at my post, but surely it would stop speculation if the receivers stated that there was no problem with the way the company was run ?

if, however, there were irregularities, surely all those who have lost money should know.

no speculation was involved, simply a simple question.

but perhaps I don't type in english ?
typed by fur box mechanic - dictated by brain on a chain

Offline Karhedron

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Re: The end of DJ Models?
« Reply #222 on: June 13, 2019, 12:50:31 PM »
not sure if this is aimed at my post, but surely it would stop speculation if the receivers stated that there was no problem with the way the company was run ?

They may not be in a position to make that statement yet. Perhaps they cannot issue such a statement now but may do so 3 months down the line once they have had time to check where all the money has gone.

Also a great deal is a matter of opinion. If Dave Jones paid himself a salary during DJM's operation, that might be perfectly legal, even if some people would question why he was taking money out of the business that they would have thought was ring-fenced for development.
Well, that's just not good enough. Some fount of all knowledge you are!  :no:  ;)

Offline class37025

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Re: The end of DJ Models?
« Reply #223 on: June 15, 2019, 08:18:44 PM »
bit confused, just had a look on Hatton's website, and they are still listing DJ Models locos etc as 'pre-order'.

do they know something we don't  :hmmm:
typed by fur box mechanic - dictated by brain on a chain

Online jpendle

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Re: The end of DJ Models?
« Reply #224 on: June 15, 2019, 08:29:27 PM »
bit confused, just had a look on Hatton's website, and they are still listing DJ Models locos etc as 'pre-order'.

do they know something we don't  :hmmm:

They don't know any more than we do, nor does any other retailer.

This has been done to death on RMWEB. They just haven't updated their website yet.

Regards,

John P
Check out my layout thread.

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https://www.ngaugeforum.co.uk/SMFN/index.php?topic=39501.msg476247#msg476247

 

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