Follow-up from HST:
Some notes I took while listening, hope I got everything right:
- Wants to set the record straight for the companies affected.
- Spoke with NSM and ~10 companies they've worked with, all speak highly of NSM.
- Of the decarb issue, says Guy was taking off too much material pre-HT so he had no room for error post-HT.
- Guy tossed all those blanks out of anger since he couldn't grind past the affected material without affecting sheath fit.
- Maintains the voids were real. But out of hundreds and hundreds of blanks, only 20-25 had them. Not a huge financial hit like the decarb issue, which was Guy's fault.
- Maintains that CPM steels are at the top of the pyramid.
- He recouped most but not all of his original investment (minus 3 months of living expenses).
- Repeats that NSM, Peters’ HT, Millit Knives, and Larrin Thomas are not to blame.
- All that said though, those issues just sped up the inevitable. Guy and Ellie were driving it into the ground already, and Guy was looking for a scapegoat.
- Magnacut may be touchy with warping but is the real deal.
- Apologizes to all those whose reputation may have been affected.
- Survive was never profitable. Guy and Ellie ended up flat broke.
- Pre-order money was often just spent on paying off debt.
- When they moved locations, none of the banks that had liens on the equipment knew they had moved.
- He had to let another knife company know that the equipment they bought hadn't even been paid off yet.
- Calls their actions criminal. Guy’s name is on everything but there were other people involved.
- Despite what Guy claims, no more orders are going out. There's no pivot. It's over.
- Believes Guy’s video about pivoting was actually just to save face and advertise that he's selling equipment (which did indeed result in companies reaching out).
- Claims well over $1M in undelivered knives.
- Again apologizes to those affected.