Bad Mike Stewart / BRKT shutdown

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Honestly, I think the bigger problem here is the silencing the community and censorship. I know DLT has their own page and get to make their rules, but Mike Stewart is still a moderator for said page. Not to mention DLT entered business with Mike Stewart by having exclusives. Questioning their integrity now.

Thoughts? I think he should be held criminally and financially responsible for everything he has done (past and present.) We don't need people like this in our community. Go be a benchwarmer with Jake Hoback.

Also, do better DLT.
 
Mike Stewart has quite a rap sheet.

Jason (owner of DLT) messaged me on FB. He's not excusing Mike's behavior and has his own damage control to deal with. I feel for him and his customers.
 
Is the damage control from DLT that they need to explain how they likely knowingly sold misrepresented product and kind of just looked the other way? Or that Jason just needs to figure out how to unload his gross of tainted BRK’s now?
 
Is the damage control from DLT that they need to explain how they likely knowingly sold misrepresented product and kind of just looked the other way? Or that Jason just needs to figure out how to unload his gross of tainted BRK’s now?
Agreed. This needs to happen. They obviously knew before the public
 
Flash sales aren’t proof of knowledge of bait and switch.
Flash sales could be a result of being given information that a business might claim bankruptcy.

I have no dog in this fight, but I would be cautious to be accusing dealers/retailers of wrongdoing. Slander is a serious thing.
 
Flash sales aren’t proof of knowledge of bait and switch.
Flash sales could be a result of being given information that a business might claim bankruptcy.

I have no dog in this fight, but I would be cautious to be accusing dealers/retailers of wrongdoing. Slander is a serious thing.
Absolutely well said 😁👍, I just hope everything comes to a good resolution for everyone at Bark River and for all the affected customers and dealers. They are an important part of U.S.- made knife makers.
 
Flash sales aren’t proof of knowledge of bait and switch.
Flash sales could be a result of being given information that a business might claim bankruptcy.

I have no dog in this fight, but I would be cautious to be accusing dealers/retailers of wrongdoing. Slander is a serious thing.
Speculation isn’t slander.
 
It seems like Jason had no idea about Mike's latest con. Maybe pump the brakes a bit? Don't shoot the messenger, y'know? DLT is just the delivery system for the knives. They only know what they are told by the person selling them inventory. They got burned by Jake Hoback too.

I know how it looks, but I don't think Jason knew anything about the steel fiasco. As for insider knowledge and doing flash sales... Ya got me on that one. I can't answer for someone else's ethics.

Either way, it's just a bad situation.
 
Agreed. Slander must have intent to do harm. While there is an absence of facts, what’s immediately evident from the past and what’s brewing now is enough to paint a picture of what might’ve taken place and warrants questions. I’m not trying to play Perry Mason, but it’s not a good look is all.
 
Agreed. Slander must have intent to do harm. While there is an absence of facts, what’s immediately evident from the past and what’s brewing now is enough to paint a picture of what might’ve taken place and warrants questions. I’m not trying to play Perry Mason, but it’s not a good look is all.
Agreed. No one is saying Jason is a criminal and needs to go to jail because he is guilty, that would be slander.

I do think the situation needs further investigation as the patterns of sales, products, and timing seems well…off.

What people are saying is IF DLT does come up as guilty of subverting information or selling items that were miss represented then there should be accountability. Perhaps I did not word my previous comments so detailed but that was my thoughts and intentions.

If they are found to be 100% innocent then great. My speculation is they knew something was up way before the public. I work with supply chains on a daily basis of very large volumes and you can pick something up about a big trusted supplier rather quickly. Perhaps DLT had blind trust with BRK and it just happened to bite them.

But as the saying goes, only time will tell.
 
I will add that I’ve spent a couple thousand dollars easily at DLT and beyond the blight of BRK they run stellar business catering to knife enthusiasts and otherwise a model for all knife dealers to strive for service wise. I do hope that they were just caught in the middle of a con man’s web of deceit rather than something more nefarious.
 
I’m just pointing out that reputation is everything. And “speculation” on the internet can take off quickly as fact. Even if totally innocent, it could hurt that businesses reputation…and yes, to the point of having to close. We just need to be careful of what we say as to not damage another person/families way of making a living.
 
DLT and KSF are offering refunds or store credit, or partial credit if people like the knife and want to keep it for what it is (Chinese steel blade) from what I saw on a video that DLT Jason Thourne posted. DLT is sending samples of remaining models in stock to NSM to have metallurgy analysis testing done to verify that they are the correct steel, too. DLT was helping BRK for years by buying the steel, having it water jet and heat treated and had the hardened blanks shipped to BRK to use for the models that they were ordering, so there was good steel being sent to BRK to use, but it's hard to tell what is 100% good and what isn't!

I have seen similar "fire" sales in the past where they had a lot of a model in stock, or found older models on a shelf somewhere, etc, but not this many sales so rapidly? I haven't been in the market for knives lately, so I haven't paid much attention to the sales to remember when they started. FB groups did some "waffles" to help raise funds for BRK recently, so people knew they were in a bad situation. Lawsuits hit recently (early March I believe?) about non payment by BRK (around $400K or so maybe? I think it was 2 for around $75K each and one around $265K?). I know several smaller vendors got screwed and BRK owes them thousands of dollars for unpaid invoices that they will most likely never get paid for, but it looks like they haven't sued yet? I heard that one supplier was out almost $300K? A former employee posted on FB that a lot of the equipment had liens on it, too and posted about other shady dealings at BRK, so it sounds like a mess all around! Lots of people got royally screwed over in this situation from suppliers, to dealers and customers!
 
Flash sales aren’t proof of knowledge of bait and switch.
Flash sales could be a result of being given information that a business might claim bankruptcy.

I have no dog in this fight, but I would be cautious to be accusing dealers/retailers of wrongdoing. Slander is a serious thing.

This.

Historically, the same type of thing happened when Stewart had the original BlackJack. Big dealers got word that BJ was going bad moneywise, and Stewart started fire saling to them, and they wanted to just be done with the brand, so they passed it on to customers, drops of 35-75% off were common.

Also, much like Stewart used DLT as a makeshift bank or supply middleman, Stewart did the same during the BJ years. AG Russell was very vocal about helping Mike that way.

-------------------------------------------------

The first big lawsuit against BRKT seems to have been filled in mid-late January.
 
…I have no dog in this fight, but I would be cautious to be accusing dealers/retailers of wrongdoing. Slander is a serious thing.
With a long history of nefarious behavior, dealers/retailers should have never handled Stewart’s products in the first place, thus they fully share in the blame for the current scam.

After I found out about Stewart’s history, years ago, I figured I couldn’t trust any dealer who was in bed with Mike, a known swindler, thus I never bought from a dealer who sold BRKT.

A con works best if the mark believes they are swindling the swindler…I wonder what the dealer’s wholesale price was…🙂
 
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