Well in an interesting announcement on the radio this morning I heard that Ronco the backers of the Behmor 1600, just declared bankruptcy.... Guess that doesn't put a great light on the new roasters future, since I don't think home coffee roasting is really going to save any failing business.
I want to jump in here with my hearsay about this. Joe Behm brought this up over the weekend and he fully knew about it. The problem appears that Ron of Ronco wanted out of the business and took a sizable portion of the liquid capital when he left. It has nothing to do with Ronco doing poorly or failing. The expectation is the name/reputation will easily carry Ronco back into a stable liquid state and that they really don't need "saving". They needed debts reduced because they lost their working capital. This does not change the Behmor deal AT ALL as Behm has known about it all along and has planned accordingly. At 04:57 6/19/2007, you wrote: <Snip> John Nanci AlChemist at large Zen Roasting , Blending & Espresso pulling by Gestalthttp://www.chocolatealchemy.com/
Ronco did not file for bankruptcy as a result of business failure. It has to do with some problems associated in the buyout of the former owners of the company. A failure of the due diligence process. On Tue, 19 Jun 2007 07:57:45 -0400, Jason wrote: <Snip>http://sweetmarias.com/maillistinfo.html#personalsettings
Excatally what he said!.. On 6/19/07, Alchemist John wrote: <Snip>
Perhaps it isn't intended to save it, but rather be a new venture. Capital could have been put into Behmor before the restructuring, and might actually be a way to protect assets. Dan <Snip>
Hi Dennis and John, I'm glad you guys could remember the evening so well and especially the details of all that JoeB said. This was my very first PNWG so I had a lot of information to absorb. I was doing good to remember some key people. As it turns out all the regulars are key people. In fact the whole group is a very special bunch. Like stumbling onto some of the best greens in the home roasting world. Sure glad you made it to this one Dennis. I look forward to following your coffee exploits with all your travels and endeavors. John, thank you for the honest and detailed comments on the 1600. I look forward to hearing some more as you continue to burn in the new unit. <];^) Thank you also for the bag of Cocoa beans what a special treat. To smell them roasting on the Behmor drum when I first arrived was a nice introduction to a great get together. Best Wishes, Joe Robertson On 6/19/07, Dennis True wrote: <Snip>