Iím writing to inform you of Sector111's current status. I apologize in advance as we are no longer accepting any website or phone orders. Let me try to explain what has happened and what our future looks like.
About a dozen years ago Sector111 accepted an open ended investment from a small firm run by two friends of mine. Two years ago, this firm decided to shut down and requested payment. Though we have swung for the fences with new initiatives, these last few years, we were unable to satisfy their demands. The restructuring that we undertook last Oct was our attempt to keep things moving forward.
We have taken great efforts to protect clients/suppliers and employees during this time. We succeeded in making sure none of them have been financially hurt by this action. If you have given us money, you have gotten product or will get them directly from our suppliers. If you have any concerns, you are welcome to call me directly (951)551-0900.
Iím proud of the fact that Sector111 has been a leader in this community in regards to financial support to this forum/clubs/racing, engineered hundreds of product innovations
, and delivered service. We have introduced many great brands to NorthAmerica: Nitron, ReVerie, Larini, ProAlloy, Arqray, Toybox48, Girodisc, BAC and many, many more. Our efforts have resulted in safer, faster and cooler cars that have created joy for thousands of clients around the world.
What is happening to Sector111 is a business transaction that must take its course. I donít ask for your sympathy but I will ask for your patience as we continue to work through this. I will keep my nose to the grindstone until we have settled everything.
I wanted to thank all of you who have been supporters of us and given us the chance to be a part of this community. For this I will be eternally grateful.
As far as Iím concerned, the fat lady has not yet sungÖ