Just saw this.....Bark River is no more?

shinyedges said:
Of course we don't know for sure, but it's plausible. It stands to reason, if a dealer has 10s of thousands prepaid in knives, and becomes aware of shady dealings they may be financially motivated to ignore the unscrupulous steel discrepancies to recover their $.

All I'm saying is, dealers were aware of the steel issues. For sure.
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100% agree with you. Just a matter of when they were aware. It makes complete sense why they were/are blowing out inventory.

I noticed it back in Nov/dec something was vastly off. But the dealers should have accountability if they were selling fraudulent product and knew about it.

Now I’m sure not all of it is false product. But no one really knows, expect for Mike. I’m curious if all the facts on which models will be published.
 
jbmonkey said:
ive seen this happen backwards in my industry..where a dealer owes a supplier so much money on their account the supplier starts to be their bank in hope to help the dealer get out of the financial hole and recoup some of their loses. nowadays they dont do that. they take out insurance on unpaid debts instead.

my point is, and im guessing, with no real facts after reading dlts explanation....maybe these dealers had prepaid so much cause they were out big money already and tried to help mike unbury himself and im sure mike had big promises of i can turn it around....huge risk regardless. they took a big gamble, if anything I said has any truth to it. sounds like they got horse traded and lost out big themselves too. this is why risk control and credit department are crucial to a solid business. sometimes an owner is too close to be able to see risk properly.

all speculation though based on a few sentences.
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Makes A lot of sense.... about being too close, too. What's that famous saying..."it's easier to fool someone, than to convince them they've been fooled.". That's kinda how ponzi schemes are run, right? -how they get started...just pushing That on to the next person.
 
JearBeatus48 said:
100% agree with you. Just a matter of when they were aware. It makes complete sense why they were/are blowing out inventory.

I noticed it back in Nov/dec something was vastly off. But the dealers should have accountability if they were selling fraudulent product and knew about it.

Now I’m sure not all of it is false product. But no one really knows, expect for Mike. I’m curious if all the facts on which models will be published.
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I know from reading on the forum years ago that dlt was involved in steel discrepancies between customers and br. How many times? I don't know. But it's documented on here they knew.

Problem with steel is unless it's a super stainless that is rusting it is likely difficult to discern if you've been hoodwinked. We know Mike Stewart has zero moral compass and wrecked people's business and f'd around with people's money, it also stands to reason he'd lie about steels.

Trust in the manufacturer to use the steel they are saying is critical, and that died YEARS ago with brk. The name was so big and they produced so many designs people liked that I think people took the risk and bought them anyway. Problem is it enabled Mike to keep screwing people over.

We'll see what dumpster fire comes from this statement he puts out lol
 
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BRK are all going to take a serious hit on the secondary now. No one will know which ones are real and which are fake. The brand and the value of all of the knives destroyed overnight. Few will follow the "it's these knives that are junk and not these other knives" points.
 
Reading that statement, it has a lot of parallels to how the original Blackjack died with lots of dealers and suppliers, and fire sales trying to keep everything afloat. For what it's worth, there's been talk in the Bark River groups that Jason Stewart (Mike's son) might try to salvage and reinvent it in some way, will be interesting to see how this all shake out.
 
marcus aurelius said:
BRK are all going to take a serious hit on the secondary now. No one will know which ones are real and which are fake. The brand and the value of all of the knives destroyed overnight. Few will follow the "it's these knives that are junk and not these other knives" points.
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I'll be watching. I really would like to know if the ones I got in A2 are total crap. One of them is supposedly in CPM 154 produced almost 2 years ago. I have to admit, they look nice and in that department, I suppose they'll make good wall hangers.
 
has to be assumed all of them are not what ya paid for at the minimum........sucks everyone got ripped off...but there is no way to sugar coat this one......

back in 2005/6 an employees wife made very detailed points in a complaint on the company of not using american steel and grinding off the made in foreign land markings. she even pointed out where they were buying the blanks and which ones in detail. seeing now the chinese blank complaints....are we gonna assume mike wasnt doing that in 2005/6 or earlier and didnt kept at it as mentioned, and got that bad idear from the employees wife's complaint....yeah, no.

none of them are what theyre supposed to be. even if some were good.....ya gonna trust mike, to tell ya which ones? or the brk collectors who have tons of money tied up in them? good luck with that......sorry to be blunt.
 
marcus aurelius said:
BRK are all going to take a serious hit on the secondary now. No one will know which ones are real and which are fake. The brand and the value of all of the knives destroyed overnight. Few will follow the "it's these knives that are junk and not these other knives" points.
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I mean technically they aren't fake, they were made by brk lol a company faking their own products is slightly comical.
 
jbmonkey said:
has to be assumed all of them are not what ya paid for at the minimum........sucks everyone got ripped off...but there is no way to sugar coat this one......

back in 2005/6 an employees wife made very detailed points in a complaint on the company of not using american steel and grinding off the made in foreign land markings. she even pointed out where they were buying the blanks and which ones in detail. seeing now the chinese blank complaints....are we gonna assume mike wasnt doing that in 2005/6 or earlier and didnt kept at it as mentioned, and got that bad idear from the employees wife's complaint....yeah, no.

none of them are what theyre supposed to be. even if some were good.....ya gonna trust mike, to tell ya which ones? or the brk collectors who have tons of money tied up in them? good luck with that......sorry to be blunt.
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Remember Jake hoback debacle? Taking labels off Chinese made items and selling them in the USA as USA made. Amongst other things as well. Criminy these makers are a trip.

Jake still in business.
 
draggat said:
I'll be watching. I really would like to know if the ones I got in A2 are total crap. One of them is supposedly in CPM 154 produced almost 2 years ago. I have to admit, they look nice and in that department, I suppose they'll make good wall hangers.
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If you've been happy with their performance to this point, the revelation that they might not be the steel they were supposed to be isn't going to change how it cuts moving forward.
 
The first knife I bought on BF was a BRK in 3V. Paid about $200 maybe 4 years ago. Shortly after learned about the rust issues and possible fake steel. I haven't even used it but it looks good. I never bought another BRK because of the rumors. My plan is to keep it and it's a good reminder if it turns out to be crap. The chances of a shady person now gonna tell the truth on Monday is laughable.
 
If there were a Mount Rushmore of Knifemaking Scoundrels, Mike Stewart, Mick Strider, and Will Moon would all be featured. And, let’s not forget, each of them finds a way to keep churning out literal crap and self serving propaganda to keep their brands in business despite growing numbers of disillusioned customers. No doubt Stewart knows he can find another venue and keep the money flowing in the time he has left.
 
dfarm said:
If you've been happy with their performance to this point, the revelation that they might not be the steel they were supposed to be isn't going to change how it cuts moving forward.
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if its even been used to cut with? so might not be relevant. what has changed is they paid a lot for a chinese blank.
 
jbmonkey said:
has to be assumed all of them are not what ya paid for at the minimum........sucks everyone got ripped off...but there is no way to sugar coat this one......

back in 2005/6 an employees wife made very detailed points in a complaint on the company of not using american steel and grinding off the made in foreign land markings. she even pointed out where they were buying the blanks and which ones in detail. seeing now the chinese blank complaints....are we gonna assume mike wasnt doing that in 2005/6 or earlier and didnt kept at it as mentioned, and got that bad idear from the employees wife's complaint....yeah, no.

none of them are what theyre supposed to be. even if some were good.....ya gonna trust mike, to tell ya which ones? or the brk collectors who have tons of money tied up in them? good luck with that......sorry to be blunt.
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Great. lol Glad I've only got one of these knives. I wonder what I could get for it on the secondary this week. $60?
 
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