This thread has covered some territory....
It's unfortunate that you were caught out with the purchase of the Mad Katz product at the wrong time. I nearly made the same decision, but opted for the Warthog instead.
As far as posting your opinions, there is no reason to be concerned with legal or lawful action, so long as you understand the boundaries of what you can say or not. There is much you can say that would not land you in any hot water. Of course, under the rubric of "correctness", your comments may be construed as "hurtful" and therefore subject to censure, regardless of the above quoted Ammendment...one of only two remaining in effect.
After thinking about the posts above, a few thing occurred to me.
Considering the fact that Mad Katz business decisions and trends forecasting may not have benefited them in the long run, it is important to realize that the current economic climate is not friendly to low and mid cap business. It may be an interesting read to go to their page and read the financials, that's what I did and came up with an interesting picture.
The gap down was probably caused by some financial news that concerned investors. When you read about the "re-structuring" that took place you may find your answer.
Also, as a U.S. based corporation, they are most likely facing challenges brought about by the "Affordable Health Care Act" along with declining faith in the dollar that will affect their stock price. Note that their "book value" took a tremendous hit with a 200% devaluation in a very short period of time. It's hard to take those numbers to a bank and expect to find any help. For that matter the banks are looking at negative interest rates, which means that the money one would borrow is worth less than zero in the real world. The banks themselves are also in deep Kimchee and on the verge of going "tango uniform" as things deteriorate.
The third factor is the Baltic Dry Index, which strongly indicates that virtually
no shipping is taking place around the globe. Shipping companies require a profit to float out cargo, and are not inclined to accept dollars any longer, but rather are favoring the Yuan. With the Yuan tanking as well, shipping is not happening, which obviously affects supply chain.
That's all long winded stuff to kind of fill out the conjecture as to why Mad Katz can't fill orders or deal with customer service.
I'd be inclined to forecast that there will be no immediate solution to the short term issues, and I'm really sorry for you gentlemen who are caught short. I do have a CH throttle and stick that I would be willing to let out of for someone in need of a temporary setup. NO charge other than shipping, just return it to me when your Saitek is replaced.
Don't be too hard on Mad Katz as they are experiencing what thousands of mid cap companies around the globe are confronting and there is no easy solution, real world fundamentals being as they are.
As far as BK attorneys go...
IMHO, at least the BK attorney is acting in the interest of his client and not a hired gun for a multi-national corporate conglomerate that is seeking to use TARP money to re-locate to a third world slave labor pool. IMHO...lol
I just wish I had been given the respect by Mad Catz that I *thought* the purchase of their product guaranteed. My mistake. I won't make it again.
