ADV Production Modular Hardtop!

[FloatingMoat]

The tone in that first paragraph

Read the room @ADV Fiberglass

Stop posting! it's starting to bury the "new" update!

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[604Bronco]

The tone in that first paragraph

Read the room @ADV Fiberglass

“As per my last email…”

 

[RustysBronco]

I've been watching the activity on this thread for a while now. Had I ponied up the coin and waited this long with nothing to show for the money I spent, I would want to see ADV's financials and get an understanding of what the hell is going on behind the scenes.

2-years without delivering product coupled with all the cash burn associated with operating expenses, R&D costs, additional overhead due to unexpected quality issues, rising interest costs on borrowed money, all in the headwinds of potential economic recession?

If it were me, I would wonder where my money went as a customer. I would wonder if this was a company who appropriately held my funds in reserve while deferring the revenue. I would wonder if the company had other sources of liquidity outside of customer deposits to sustain operations. I would wonder if my funds were misappropriated with management using unearned customer cash to cover liquidity problems driven by the issues above. A little financial transparency from ADV might help ease those concerns.

One thing I've learned in life is that the longer it takes to collect what is due to you, the probability of collection is greatly diminished.

With all that said, I'm not necessarily stating ADV misappropriated funds or is failing for the reasons I cited above. But the reality is that these are real risks and real problems happening in the manufacturing space - right now.

Ultimate risk as a paying customer with no product to show for it, is that a company spent all your money, and you have limited recourse. In a business failure situation, claims to make yourself whole would place you behind a long list of senior creditors who have a priority claim to business assets. $7 grand is no small sum of money to tie up and had I been waiting a year for my top, I would be asking a lot of questions.

Call me shocked, but I'm sort of surprised similar concerns haven't been voiced in the thread already.

With that all said.....

How about those free Bronco pumpkin carving stencils?

https://www.bronco6g.com/forum/threads/free-bronco-pumpkin-carving-stencils-.82791/unread

 

[Beach_Bum]

I've been watching the activity on this thread for a while now. Had I ponied up the coin and waited this long with nothing to show for the money I spent, I would want to see ADV's financials and get an understanding of what the hell is going on behind the scenes.

2-years without delivering product coupled with all the cash burn associated with operating expenses, R&D costs, additional overhead due to unexpected quality issues, rising interest costs on borrowed money, all in the headwinds of potential economic recession?

If it were me, I would wonder where my money went as a customer. I would wonder if this was a company who appropriately held my funds in reserve while deferring the revenue. I would wonder if the company had other sources of liquidity outside of customer deposits to sustain operations. I would wonder if my funds were misappropriated with management using unearned customer cash to cover liquidity problems driven by the issues above. A little financial transparency from ADV might help ease those concerns.

One thing I've learned in life is that the longer it takes to collect what is due to you, the probability of collection is greatly diminished.

With all that said, I'm not necessarily stating ADV misappropriated funds or is failing for the reasons I cited above. But the reality is that these are real risks and real problems happening in the manufacturing space - right now.

Ultimate risk as a paying customer with no product to show for it, is that a company spent all your money, and you have limited recourse. In a business failure situatuon, claims to make yourself whole would place you behind a long list of senior creditors who have a priority claim to business assets. $7 grand is no small sum of money to tie up and had I been waiting a year for my top, I would be asking a lot of questions.

Call me shocked, but I'm sort of surprised similar concerns haven't been voiced in the thread already.

With that all said.....

It has been mentioned by me but not so eloquently.

 

[j_marinelli]

It has been mentioned by me but not so eloquently.

Must of got buried as more and more post come in this thread

 

[Area51BS]

I bond would have been a better place to let 6k sit for past year.

 

[pakrat]

They are out there. Hadn't seen this till today. Influencer bro.

 

[CTwaterfowler]

They are out there. Hadn't seen this till today. Influencer bro.

Now a real test would be to have my6 3b monster 300 lb 16 yr old defensive tackle grandson do that.

 

[Kjbeggs]

If ADV would send me my top, I would recreate this video, complete with me slipping and busting my ass on the top, before falling to the driveway, leaving the ADV hardtop unscathed!

 

[AZBaseSquatch]

Ug...influencers.....given the fact that people on this forum are begging for deliveries...and the ones they are delivering to are @$#%! influencers just gives me heartburn.

The people that are serious customers for your product are right here....give us the tops and let us be your influencers, by driving around and posting here about them!!!

 

[CTwaterfowler]

Ug...influencers.....given the fact that people on this forum are begging for deliveries...and the ones they are delivering to are @$#%! influencers just gives me heartburn.

The people that are serious customers for your product are right here....give us the tops and let us be your influencers, by driving around and posting here about them!!!

These all seem to be the modular tops.
They certainly are beautiful

 

[604Bronco]

Ug...influencers.....given the fact that people on this forum are begging for deliveries...and the ones they are delivering to are @$#%! influencers just gives me heartburn.

The people that are serious customers for your product are right here....give us the tops and let us be your influencers, by driving around and posting here about them!!!

Request a refund, like I did. There’s other great options out there and just around the corner.

“Industry experts”… Oooook then.

 

[AZBaseSquatch]

Request a refund, like I did. There’s other great options out there and just around the corner.

“Industry experts”… Oooook then.

No refund request, as I want the damn top. I believe once they deliver it will be worth it....but stop delivering to youtubers (that most likely didn't pay a dime) and start delivering to customers who prepaid....in full.....a loooong ass time ago!

 

[PhilCharnas]

I just ordered a white Anderson Composites hard top through BMC Extreme Sports. I was shocked that they no longer require any kind of payment at time of order. Payment is not required until your top goes into production typically 4 to 8 weeks before delivery. And even then, payment is only made after BMC contacts you and asks permission to make the payment. So, it costs nothing to place the order and reserve your place in the queue.

 

[Kjbeggs]

I just ordered a white Anderson Composites hard top through BMC Extreme Sports. I was shocked that they no longer require any kind of payment at time of order. Payment is not required until your top goes into production typically 4 to 8 weeks before delivery. And even then, payment is only made after BMC contacts you and asks permission to make the payment. So, it costs nothing to place the order and reserve your place in the queue.

Well, that's some news!
I wonder if that's an Anderson policy, or BMC policy?

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