Large Scale Central

Cordless Renovations, LLC Acquires RCS

General Discussion
#1

For Immediate Release

Cordless Renovations, LLC Acquires RCS

Cedar Rapids, Iowa, September 17th, 2010—In a two part deal, four train enthusiasts known as (“The Group”) acquired exclusive rights (The Sale & Distribution of RCS) from Tony Walsham, owner of Remote Control Systems (RCS-Beltrol) of Victoria, Australia to sell, distribute and manufacture the Australian made Elite Series of the RCS product line along with the Elsema radio based hardware. Today, an agreement was signed to sell those rights from (“The Group”) to (in no specific terms) Remote Control Solutions, of Cedar Rapids, Iowa.

The well-known (RCS) name Remote Control Systems and product lines sold by Dave Goodson (NWRCS) and Don Sweet (RCS of NE) will be licensed and sold under the RCS name by Remote Control Solutions of North American.

The new RCS “Elite Series” will expand its product line and offer a new design from the existing Elsema radio based hand controllers that will give you a broader frequency range with more control options, along with a new line of DC / DCC decoders, sandwich boards (that will dissipate heat) and an (optional) basic sound file (diesel or steam) that can be downloaded into the new decoders.

During this transition train enthusiasts can continue to order the RCS product line and have it installed directly from Dave Goodson at NWRCS via: http://dnkgoods.home.mindspring.com or Don Sweet at RCS of NE via: http://www.remotecontrolthrottles.com. Soon all of our combined efforts and new product line will be available to purchase and have installed through our new website at: www.remotecontrolsolutions.net.

“This is a win…win acquisition for all of thus,” say’s Rick Isard, owner of Cordless Renovations, LLC. “With two of the best train enthusiasts/promoters (Dave Goodson & Don Sweet) leading our design team, we are sure to make a hole-in-one."

The RCS product line is now owned, operated and manufactured here in the United States by Remote Control Solutions, a subsidiary company of Cordless Renovations, LLC.

#2
Rick Isard said:
For Immediate Release

Cordless Renovations, LLC Acquires RCS

Cedar Rapids, Iowa, September 17th, 2010—In a two part deal, four train enthusiasts known as (“The Group”) acquired exclusive rights (The Sale & Distribution of RCS) from Tony Walsham, owner of Remote Control Systems (RCS-Beltrol) of Victoria, Australia to sell, distribute and manufacture the Australian made Elite Series of the RCS product line along with the Elsema radio based hardware. Today, an agreement was signed to sell those rights from (“The Group”) to (in no specific terms) Remote Control Solutions, of Cedar Rapids, Iowa.

The well-known (RCS) name Remote Control Systems and product lines sold by Dave Goodson (NWRCS) and Don Sweet (RCS of NE) will be licensed and sold under the RCS name by Remote Control Solutions of North American.

The new RCS “Elite Series” will expand its product line and offer a new design from the existing Elsema radio based hand controllers that will give you a broader frequency range with more control options, along with a new line of DC / DCC decoders, sandwich boards (that will dissipate heat) and an (optional) basic sound file (diesel or steam) that can be downloaded into the new decoders.

During this transition train enthusiasts can continue to order the RCS product line and have it installed directly from Dave Goodson at NWRCS via: http://dnkgoods.home.mindspring.com or Don Sweet at RCS of NE via: http://www.remotecontrolthrottles.com. Soon all of our combined efforts and new product line will be available to purchase and have installed through our new website at: www.remotecontrolsolutions.net.

“This is a win…win acquisition for all of thus,” say’s Rick Isard, owner of Cordless Renovations, LLC. “With two of the best train enthusiasts/promoters (Dave Goodson & Don Sweet) leading our design team, we are sure to make a hole-in-one."

The RCS product line is now owned, operated and manufactured here in the United States by Remote Control Solutions, a subsidiary company of Cordless Renovations, LLC.


Rick.
Cordless Renovations have not acquired Remote Control Systems (RCS).
A group, with Dave Goodson as the spokesman, have acquired the rights to the old RCS ELITE series of ESC’s that used the Elsema sourced R/C equipment. They also acquired the associated software to run the system plus the Protel files for the hardware.
In fact, the business name Remote Control Systems (RCS) was offered for sale by me as a separate deal. The “Group” declined to buy the name.
Therefore the name Remote Control Systems (RCS) is still owned by me (Tony Walsham) Worldwide.
Furthermore, the “group” have agreed not to use the name Remote Control Systems, and the abbreviation RCS, in any of their future business names or instructions etc. This is a water tight written agreement.
They have agreed to come up with another business name that does not use the initials RCS.

The name Remote Control Systems (RCS) will continue to be used by me to promote and sell the Digital Proportional ESC’s that use regular 2.4 GHz stick type radios.

#3

Ain’t this a hoot.
One company says they acquired another company that denies they were acquired.
Sounds like Wall Street rumors.

#4

Yep always somebody jumping the gun before all the details are done. Later RJD

#5

Yep, let the “liars” whoops I mean “lawyers” start they’re war dances, and wherefors and wherebys and such!! Hee Hee LOL Regal

(http://www.lscdata.com/users/blueregal/_forumfiles/chimp_laughing.gif)

#6

Any Ventilators want to chime in here? :lol: :lol: :stuck_out_tongue:

#7
R.J. DeBerg said:
Yep always somebody jumping the gun before all the details are done. Later RJD
Ain't that the truth! Between that and a certain lack of literacy and/or savvy to absorb the details of what is in an agreement it can make for a hilarious or embarrassing situation. ;) :)

The devil is in the details. :open_mouth:

#8

Tony, I sent you an email explaining what transpired.

Rick Isard
Cordless Renovations, LLC

#9

You mean Tony doesn’t know what he sold?

Hmmmmmm.

#10

EGADS…this looks like it could be a long drawn out soap opera…!!!

#11

You guys be good or I’ll post another Eggliner picture!

#12
Steve Featherkile said:
You mean Tony doesn't know what he sold?

Hmmmmmm.


Yeah right! That would be the day! :lol: :lol: :lol:

#13

Hello everyone…

My intent here is to keep the existing hardware available for the next year to 18 months, plus warranties. Then in 8 - 12 months offer a new product line with a broader frequency range, PNP & installations boards, and an optional “basic” sound file (steam or diesel) that can be easily downloaded into the decoder.

The existing name Remote Control Systems will change and over time so will the product line, but because the original agreement was very specific between the first two parties, my intent here is to honor that agreement. As it is now and in the future, Dave Goodson (NWRCS) and Don Sweet (RCSof NE) will continue to provide their great service distributing, installing and promoting the existing line (formerly known as RCS) and the new product line in the future.

Now is the time, if you have an idea or suggestion that you would like to see added to our new (formely known as RCS) product line, I have added a new topics page to our forums website at http://cordlessrenovations.com/forum . . . called RCS Suggestions.

Thanks,
Rick Isard
Cordless Renovations, LLC

#14
Hans-Joerg Mueller said:
The devil is in the details. :O
I had nothing too do with it!
#15

Rick,
What part of “You cannot use the initials RCS” do you not understand?

I will not permit anything on your website that refers to RCS.
If you want input as to what to call the product line just ask that.

Neither will I permit the use of the phrase “formerly known as RCS” anywhere without my permission.

Good luck with your plans for the future.

BTW, the name Remote Control Systems (RCS) will not be changing. Not unless a lot of money changes hands.

#16

Have I missed something? If the product is being effectively phased out in 18 months time, why would a company acquire the intellectual software/hardware, refuse to purchase the company brandname and then render the product obsolete? Why would anyone purchase the system in the next 18 months knowing that it is an obsolete system? Is the new system an advancement on the current system, a totally new system (at a higher cost point obviously) and will the current product sold in the next 18 months, be supported into the future. Tony always prided himself on backward compatability? It seems like a new process is being implemented, much like that other manufacturer that makes a new system every few years to ensure future sales, with no compatability between the models sold.

#17

I have been scratching my head all day as well. Hope this all works out in the end. As you noted, and I will add, Tony has always been here to answer questions and offer suggestions on how to install and use his systems.
Something is just not right IMHO.

#18

Tim, Randy.

Thank you for your kind words.
I did the “deal” in good faith with Dave Goodson on behalf of a “group” whose names I was not privy to.
Dave wanted to keep the product available in the USA as he and Don Sweet both have a large client base that requires servicing.
My main purpose for selling was to raise cash to get restarted because now that AristoCraft have come out with a 2.4 GHz system they have access to World Markets they never had before.
There is nothing wrong with the either the hardware or software technology the “Group” acquired.

Now I know who one of the group was, and given the speed with which the acquisition was on sold to Cordless Renovations, I think this whole thing is getting curiouser and curiouser by the minute.

As to phasing out the Elsema based R/C systems in 18 months.
I knew nothing about that. The deal was designed to keep the systems going indefinitely. Although that was never actually written down, that was the intent.
What I can tell you is, that about a year ago I was informed that another new R/C system was in the works that would obsolete the Elsema based R/C systems. I know who was developing that system, as my opinion was asked for, but I kept Shtummm publicly.

Lawyers will not be getting involved.
I have a water tight written agreement that precludes the “group” and therefore Cordless Renovations from using the name Remote Control Systems or the initials RCS for any purpose whatsoever.

#19

Tim, the original Elite Series in not being phased out or obsolete in 18 months, I’m justing adding an additional line of products and we will continue to support the Elite product line for years to come. When ever there’s a sale, merger, acquistion between two companies there will always be a period of transistion and the process of how a product line is supported, promoted and designed is always a bit different. But, I can tell you that we will continue to support and manufacture the Elite Series and make compatible between the existing version and any new models we manufacture.

Randy, I agree…how this fell into my hands over the last couple of days was extremely quick, but since we already manufacture the Elite 6amp board…for me, this was a no brainer. Tony has manufactured a great system of the past 20 some years and I intend to continue to do just that.

Rick Isard
Cordless Renovations, LLC

#20
Rick Isard said:
Hello everyone...

My intent here is to keep the existing hardware available for the next year to 18 months, plus warranties. Then in 8 - 12 months offer a new product line with a broader frequency range, PNP & installations boards, and an optional “basic” sound file (steam or diesel) that can be easily downloaded into the decoder.

The existing name Remote Control Systems will change and over time so will the product line, but because the original agreement was very specific between the first two parties, my intent here is to honor that agreement. …

Thanks,
Rick Isard
Cordless Renovations, LLC


Rick,
this is the point that you need to clarify, as your quote of yesterday seemingly contradicts your current statement as regards continuing production/support of existing hardware. I am not criticising, just wanting to make sure that the facts are facts and not rumours. We all know how strong the rumour mill can be. I wish you all the best in this venture.