Knives that were paid for years ago will now be finished and re-sold under a different name. I was hoping to support a new company, but the continual ties to Survive are a huge red flag. I am out.
I understand this perspective and considered it heavily before deciding what to do. I also respect your decision. There are a couple points I should make.
1) This inventory was in a storage unit that was late on rent. They were to be scrapped.
2) The purchase price went to creditors, just as the equipment purchase price did. A public records search will show you that survive is not bankrupt. There would be no other way for the small businesses that were screwed out of their balance to recover any of it.
3) It would have been dishonest to not keep the community informed. Although I am not legally or morally obligated to provide knives to those who preordered from survive, the best outcome given the circumstances are that the knives are sold with complete transparency and bare minimum profitability. Also, if 3,500 knives were paid for but never delivered, the 200 that I will finish and sell would not have been enough to make those people whole.
4) We decided to finish these knives and continue the production of a few models. A big reason for doing this is the creditors who were paid (who are small businesses) can recoup some cost, the sheath manufacturers can recoup some of their cost, and the hardware suppliers can recoup some of their loss too. We considered changing or regrinding them into our own models, but that would have been disingenuous
and the small businesses that made molds for the sheaths would have no opportunity to recover their losses.
5) If we were to finish the knives that were in production, sell third party, and not continue production, we would have to 1- spend so much on reverse engineering and fixturing that we would have to charge more than they sold for. 2- there wouldn't be enough volume for the other businesses to recoup their costs
I know it doesn't appear this way at the beginning, if you put Micron aside, this is the best way to make light of a terrible situation. I understand as well that this will be viewed poorly in the eyes of many, but if you take a step back, what is the best ethical outcome of this? Opinions do vary on this, but stopping to do the right thing and slowing down to do the right thing,
is still doing the right thing.