Large Scale Central

Question LGB of America/G45

Oh My… The Amazing Criswell forsees a reply like above…then a visit from the

who bring their

and inevitably resort to

Running for cover in my

Lets not wander into ventilator, or LGB-fanatic bashing, ok?

Warren Mumpower said:
Warren exits stage right. DUCK..!
I thought (now there's a rarity) that WM exited stage left (on occasion pursued by bear).
Hans-Joerg Mueller said:
Warren Mumpower said:
First, Welcome aboard! This bunch is a very talented bunch of modelers with lots to share. But be forwarned....YOU JUST OPENED A CAN OF WORMS..!! It's a great bait for a fishing expedition, but I'm going to let some other fish bite first....:D You will get to learn what "ventilators" are and you will get to meet some "contra-ventilators"...:lol:

Warren exits stage right. DUCK…!


Josh, welcome to LSC.

Hmmmmmmmm on that question, welllllllllllllllll since we know that LGBoA was “transfered” from EPL Patentwerk to G45, I guess G45 “owns” LGBoA.
Who owns G45? Hmmmm … that hasn’t been revealed, yet.
That is the beauty of a corporation registered in Delaware. No way to know who the owners are until such time when someone files a suit in Delaware Court. That’s when the owners will have to answer and the press usually reports. :wink: :slight_smile:

Warren exited while ducking: Quack, Quack, Quack! :lol: :lol:

PS Did you happen to ask that question on the LGB Family Forum? Since David Buffington, who runs that forum, also happens to be the president - no, that is not necessarily the same as being the owner(s) - of G45, he would be most qualified to fill you in on who the owners are. :wink:


Reply

Well I did ask that question a few months ago with no real answer. And I have found that if you say anything negative you get jumped on fast. I’m not out to pick a fight, just would like to find out if the money I’m investing in trains is worth it in the long run. Now as for Mr. Buffington I had heard that he sold his interest in LGBofA a couple of weeks ago to someone in Germany. I would say that if we want to realy know the true owners we should follow the money. And it probley goes all the way back to the farther land. It sure is odd that G45 was formed as the new company for LGBofA just before LGB of Germany went bankrupt. Was someone trying to hide assest? Wll as long as Marklin continues to make the trains as before and we can get them here in the US all is well.

Josh Larson said:
Reply

Well I did ask that question a few months ago with no real answer. And I have found that if you say anything negative you get jumped on fast. I’m not out to pick a fight, just would like to find out if the money I’m investing in trains is worth it in the long run. Now as for Mr. Buffington I had heard that he sold his interest in LGBofA a couple of weeks ago to someone in Germany. I would say that if we want to realy know the true owners we should follow the money. And it probley goes all the way back to the farther land. It sure is odd that G45 was formed as the new company for LGBofA just before LGB of Germany went bankrupt. Was someone trying to hide assest? Wll as long as Marklin continues to make the trains as before and we can get them here in the US all is well.


Josh,

The LGB Saga has been long and convoluted. A lot of info that one doesn’t want to quote in fora - I usually wait for the “official version” in the print media and a few other quotable/linkable sources. But one can always ask carefully phrased questions. :wink: :smiley: :wink:

Follow the money has been good advice when following the LGB Saga! Which has me wondering: Is Märklin still following up all the various money trails?:wink:

On that investment question: I have been buying LGB material all along, however for me the investment is in the “fits my purposes” category. Nothing more, nothing less.

Josh “what a long strange trip its been”

I think we have the official song for this story.

Yes a very convoluted trial, I’m still completely amazed by the chain of events that have happened since last September. I havent heard about Buffington selling his interests, can you confirm where you saw/read/heard that? I dont doubt you, I’d just like to see it myself, the next six months will be very interesting to see how G45 interacts with Marklin. Like the last 6 month werent interesting enough! :smiley:

Sorry Bob, my initial post wasn’t ment to bash, its just that it exactly describes what happenes every time we try to discuss this issue. I’ve lost count of how many topics here there and elsewhere got locked due to the inevitable poop fest … :frowning:

That little tidbit about Buffington selling his interest in G45 is indeed one that needs to be followed through. Two questions related to that:

  1. Who is the person that passed the information?
  2. Who did Buffington sell to?

Those need to be known before there’s much credibility in the statement.

Josh Larson said:
I have what I would think is an easy question. But maybe not. Who owns LGBofA/G45?

Thanks, Josh


Josh failed to mention that he did pose this question on the Family Forum and recieved a quick response.

Quote: “…And as always, if anyone would like to just chat about the situation, please
feel free to call me
at 717-566-9400.”

Did you call Josh?

Warren, want to give it a shot?

See what you did now?
Dang, two of 'em in one week.
Local Government calls three in a week an “infestation”.

717-566-9400

Phone number published - so did anyone call?

Huh?

Hello?

Or email? Or snail mail?

More info here:
http://www.buffingtonassociates.com/services.html

Are you calling about my R3 ex-LGB switch I have listed on e-bay?
I have lots of them.

Jack Barton said:
Josh failed to mention that he did pose this question on the Family Forum and recieved a quick response. Quote: "....And as always, if anyone would like to just chat about the situation, please feel free to call me at 717-566-9400."
Pardon me if I seem a little dense, but I don't quite understand this response. Presumably it means that anyone can call to receive the information requested, i.e., who owns G45. Which is great, but if the information is going to be given out anyway, why not simply post it?
Bruce Chandler said:
Or email? Or snail mail?

More info here:
http://www.buffingtonassociates.com/services.html


Bruce,

That is interesting! Back during the first half of the year I called up that site and all that was previously listed, and is now listed again, was nowhere to be found. Very interesting!

Ray - we must be both a little dense.

Call the guy - anyone - ask “the” questions and get back to us OR have the satisfaction that you called the guy and asked the questions and got the answers or didn’t get answers.

OR

Let’s just ALL wait until it all gets settled officially - sometime after the first of the year [or sooner or later].

Or

Continue to kvetch wail moan and keep repeating the same tired cliche’s.

Stephen Podwojski said:
..............................

Let’s just ALL wait until it all gets settled officially - sometime after the first of the year [or sooner or later].


Pod,

No sweat! These things get sorted out “One By One”. And there is always “Next week …!” for some.

First official presentation of Märklin’s LGB® happens this weekend at the “Modellbahn Treff Göppingen”. I’m sure there will be pictures and reports in the German Fora. :wink: :slight_smile:

PS. Just read a post that new supplies of LGB® track materials have been delivered to the German dealers. That was at the top of Märklin’s priority list, good to see that things start “flowing”!

Pod said:
Continue to kvetch wail moan and keep repeating the same tired cliche's.
Business as usual. :(

For the continued saga-curious readers:

Mr. Buffington “sells” his shares of LGB of America? Yipes!
Is there still an unsettled legal definition as to what Marklin ACTUALLY OWNS per LGB of America? IF Marklin owns LGB of America because LGB of Germany owned it and Marklin bought LGB of Germany, then how could Mr. Buffington have bought shares from a non-existent separate company?

(AAAAH, THE LIGHT GOES ON!)

Of course, fantasy thinking says LGB of Germany DOES own LGB of America and Marklin is simply giving them time to sell everything LGBofA has warehoused because that is their forte. Besides, they are motivated with bills to pay. Then, when Marklin is ready for full distribution of their own newly produced products, they call in their due-bill – either in remaining merchandise or cash. Of course! They know what was shipped to LGB of AMerica just prior to the financial collapse. The records show it (or do they ???) and the inventory in the LGB of America warehouse(s?) can then be inventoried, and…?

Who knows? Are there records accounting for shipments to the USA from LGB of Germany?

Maybe Mr. Buffington.

Somebody, somewhere, has a legal document showing legal possession and ownership.
Now, ownership of what is the remaining question.

Meanwhile, my guess is there will be another ad in Garden Railways from LGB of America with the logo and products to sell. Yes! With the logo, trademark, colors, the whole package! Yes, and readers will continue to speculate on the time it takes to create an ad and have it printed. Gulp. The last two clearly stated ownership ads have been operational for two issues and three months since Marklin’s “buy-out.”

Maybe LGB of A. REALLY DOES own the trademark. Maybe they didn’t try to buy back from themselves from what they already owned! Yet, their offers to purchase were reported. IF they OWN the trademark, Marklin is NOW at their disposal. Where is the LGB of America injunction telling Marklin to shove it and no more use of THEIR LGB trademark?

Of course, this is still a conspiracy of confusion.

Hmmmmmmm. Marklin, where are you now! Not where are you tomorrow?

Keep digg’n.

Wendell

:rolleyes:

Wendell Hanks said:
The last two clearly stated ownership ads have been operational for two issues and three months since Marklin's "buy-out."Wendell
Wendell:

Sorry, but your statement isn’t even close to reality. The successful Marklin takeover bid was accepted on July 26, and Marklin actually took over on August 1. That is exactly 45 days ago, not 3 months. There has been one issue of GR delivered since the Marklin takeover. The advertising copy deadlines for that issue were certainly prior to the takeover decision.

I’m not certain what those deadlines are, but assuming there is a change coming, it could easily be that there will be another issue before anything in print is changed.

Perhaps some of the our fellow members who are GR advertisers know what the advertising deadline is. TOC? Tony Walsham? Others?

Happy RRing,

Jerry Bowers