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Re: Keith Black, Chevy blocks !!!!!!!!! [Re: fast68plymouth] #2361295
08/28/17 07:23 PM
08/28/17 07:23 PM
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Washington
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madscientist Offline
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Originally Posted By fast68plymouth
I think if the new management would have just come out and said, right in the beginning....."hey, look....... We need to generate some positive cash flow from the endeavor before we start filling back ordered blocks, and that's likely going to take 12-18 months".

Sure, there would have been whining....... But at least they would have laid it all out up front.


I agree. The handled the PR side of it poorly. The fact still remains the only hope these guys have of getting a block (because they won't get the money back) is the guys who bought up what was left of KB make enough money to fill the back orders.

It's absolutely incredible to me that grown men, whom, most of them is suspect are over 30 don't have the life knowledge to understand it's anything but a 3-4:1 ratio of new blocks being sold to back order fills.

To fill the back orders first would require the capital of a bill gates. That's what I'm saying. They have one hope.


Just because you think it won't make it true. Horsepower is KING. To dispute this is stupid. C. Alston
Re: Keith Black, Chevy blocks !!!!!!!!! [Re: madscientist] #2361302
08/28/17 07:32 PM
08/28/17 07:32 PM
Joined: Jun 2003
Posts: 52,972
Romeo MI
MR_P_BODY Offline
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II would have thought a 3:1 ratio would have
worked... they make money on every block that
they sell.. sounds like they want to stock
pile some cash before they sell to the mopar
group
wave

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: merpar] #2361334
08/28/17 08:27 PM
08/28/17 08:27 PM
Joined: Apr 2005
Posts: 158
Canada north shore lake Ontari...
ross Offline
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KB was in real trouble and was failing for sure. It would have been gone for sure eventually. There was a reason this company was failing and the new owners had to address this and then when they did determine the problem they had to figure out how to correct it. This has been a very costly issue for them, more than most of you guys will ever realize. Just because blocks are flowing does not mean profits are.

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: ross] #2361352
08/28/17 09:09 PM
08/28/17 09:09 PM
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Posts: 14,499
So. Burlington, Vt.
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Originally Posted By ross
Just because blocks are flowing does not mean profits are.


That's certainly possible.
If selling blocks were an easy way to get rich more people would be doing it.

My main point is........ Don't make promises you can't follow through on.
The guys waiting for years have already had enough of that.

If its going to be 12 months before they can get you your block, just be up front about it.


68 Satellite, 383 with stock 906’s, 3550lbs, 11.18@123
Dealer for Comp Cams/Indy Heads
Re: Keith Black, Chevy blocks !!!!!!!!! [Re: ross] #2361354
08/28/17 09:11 PM
08/28/17 09:11 PM
Joined: Feb 2005
Posts: 20,174
PA.
pittsburghracer Offline
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And believe it or not we are very lucky to still have them in the game.


1970 Duster
Edelbrock headed 408
5.984@112.52
422 Indy headed small block
5.982@112.56 mph
9.42@138.27

Livin and lovin life one day at a time




Re: Keith Black, Chevy blocks !!!!!!!!! [Re: merpar] #2361381
08/28/17 09:55 PM
08/28/17 09:55 PM

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Superfreak
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Some people that are currently out money and no block are probably pissed at the fact the KB was accepting monies knowing full well there was no product going to be produced let alone delivered. Same thing happened when I had "Performance Only" in the process of building an engine, parts were being sent to him with him knowing full well he was never going to be able to build it and Iast I had spoken to him he was willing to accept a large sum of monies for the completion and a few days before I was going to send the funds I read on this board that he had died and come to find out he had known for quite some time he was terminal. At first I thought wow he's gone, then it clicked that the sob was going to steal my money as I had come to find out that he had done to others. So not only is communication paramount but also honesty. I think most people would say that being lied to in a business deal is the one thing that gets them upset the most. I was going to send money to FHO for a KB Hemi block and I had been talked into selling my new mega block but luckily I was told hang on but unfortunately now I had no block. So let the dog fights continue......carry on. twocents

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: pittsburghracer] #2361415
08/28/17 10:51 PM
08/28/17 10:51 PM
Joined: Nov 2007
Posts: 21,825
Kirkland, Washington
Pacnorthcuda Offline
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Originally Posted By pittsburghracer
And believe it or not we are very lucky to still have them in the game.


Yea, if Moparts brethren had any collective moral fiber we would start a go-fund-me to ensure their success. We just don't realize how lucky we are!

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: Pacnorthcuda] #2361427
08/28/17 11:03 PM
08/28/17 11:03 PM
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Washington
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Originally Posted By Pacnorthcuda
Originally Posted By pittsburghracer
And believe it or not we are very lucky to still have them in the game.


Yea, if Moparts brethren had any collective moral fiber we would start a go-fund-me to ensure their success. We just don't realize how lucky we are!


Why should anyone fund someone else's mistake?


Just because you think it won't make it true. Horsepower is KING. To dispute this is stupid. C. Alston
Re: Keith Black, Chevy blocks !!!!!!!!! [Re: madscientist] #2361437
08/28/17 11:13 PM
08/28/17 11:13 PM
Joined: Nov 2007
Posts: 21,825
Kirkland, Washington
Pacnorthcuda Offline
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Originally Posted By madscientist
Originally Posted By Pacnorthcuda
Originally Posted By pittsburghracer
And believe it or not we are very lucky to still have them in the game.


Yea, if Moparts brethren had any collective moral fiber we would start a go-fund-me to ensure their success. We just don't realize how lucky we are!


Why should anyone fund someone else's mistake?


Are you kidding? So the Chevy guys can continue getting their blocks! After all, we are SO lucky!

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: Pacnorthcuda] #2361453
08/28/17 11:34 PM
08/28/17 11:34 PM
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Morristown Tn.
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The press release plainly said EVERYTHING but Hemi blocks would be stopped until things got turned around, now everybody finds out that chevs are flowing. That's not good.

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: merpar] #2361480
08/29/17 12:09 AM
08/29/17 12:09 AM
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Chilliwack B.C. Canada
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I have no dog in this fight but I will say one thing. When I read they were keeping Ken Black employed I didn't take that as a good sign. If I had bought the company knowing what had been happening I would have made sure that guy and his rep were gone.


Sheldon
Re: Keith Black, Chevy blocks !!!!!!!!! [Re: RUNCHARGER] #2361502
08/29/17 12:49 AM
08/29/17 12:49 AM
Joined: Sep 2003
Posts: 1,049
San Jose Ca.
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Originally Posted By RUNCHARGER
I have no dog in this fight but I will say one thing. When I read they were keeping Ken Black employed I didn't take that as a good sign. If I had bought the company knowing what had been happening I would have made sure that guy and his rep were gone.



iagree

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: boatracer572] #2361512
08/29/17 01:30 AM
08/29/17 01:30 AM
Joined: Feb 2005
Posts: 20,174
PA.
pittsburghracer Offline
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Keith Black Racing Engines Thank you James Gerkin , we certainly appreciate your kind words and patience. As I know Ken will agree it's been a rough road getting back on track with everything. We're grateful for customers like you, and certainly happy to have been able to finally deliver the block you've been waiting so patiently for. Please do post pictures of your build as it comes along, we can't wait to see your car on the road.

keith black engines.jpg

1970 Duster
Edelbrock headed 408
5.984@112.52
422 Indy headed small block
5.982@112.56 mph
9.42@138.27

Livin and lovin life one day at a time




Re: Keith Black, Chevy blocks !!!!!!!!! [Re: merpar] #2361513
08/29/17 01:30 AM
08/29/17 01:30 AM
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Posts: 289
Nevada
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Hey, Pacnorthcuda. Really glad you are on here. Some of these dipsticks just don't get it. Thanks for the humor.

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: Pacnorthcuda] #2361514
08/29/17 01:35 AM
08/29/17 01:35 AM
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Washington
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Originally Posted By Pacnorthcuda
Originally Posted By madscientist
Originally Posted By Pacnorthcuda
Originally Posted By pittsburghracer
And believe it or not we are very lucky to still have them in the game.


Yea, if Moparts brethren had any collective moral fiber we would start a go-fund-me to ensure their success. We just don't realize how lucky we are!


Why should anyone fund someone else's mistake?


Are you kidding? So the Chevy guys can continue getting their blocks! After all, we are SO lucky!


I'm not kidding. Did you personally put down a full payment? If you did, that's on you.

You're the one who wanted to start a go fund me account. Like I said, why should anyone pay for your mistake? If they don't sell some blocks, nobody will ever get a block. Would that make you happy?


Just because you think it won't make it true. Horsepower is KING. To dispute this is stupid. C. Alston
Re: Keith Black, Chevy blocks !!!!!!!!! [Re: madscientist] #2361564
08/29/17 08:35 AM
08/29/17 08:35 AM
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Posts: 3,696
jersey
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Originally Posted By madscientist
Originally Posted By Pacnorthcuda
Originally Posted By pittsburghracer
And believe it or not we are very lucky to still have them in the game.


Yea, if Moparts brethren had any collective moral fiber we would start a go-fund-me to ensure their success. We just don't realize how lucky we are!


Why should anyone fund someone else's mistake?


It's called sarcasm.


526 cubes of angry wedge, pushbutton shifted, 9 passenger killer!
Re: Keith Black, Chevy blocks !!!!!!!!! [Re: merpar] #2361743
08/29/17 02:32 PM
08/29/17 02:32 PM
Joined: Jan 2004
Posts: 8,271
fredericksburg,va
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fredericksburg,va
Funny, some people just don't understand sacasm. I couldn't believe the responses after you wrote that spiff
Oh, and I'm really wondering how many back ordered blocks are in waiting, 10-15? I seriously doubt any more than that. So at $7500 a block X 10 = $75,000 . If they don't have that much working capital, whitch is peanuts to a large endever such as this company, makes you think something is wrong.

Last edited by cudaman1969; 08/29/17 02:43 PM.
Re: Keith Black, Chevy blocks !!!!!!!!! [Re: madscientist] #2361772
08/29/17 03:34 PM
08/29/17 03:34 PM
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Back In Iowa
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Originally Posted By madscientist
Originally Posted By fast68plymouth
I think if the new management would have just come out and said, right in the beginning....."hey, look....... We need to generate some positive cash flow from the endeavor before we start filling back ordered blocks, and that's likely going to take 12-18 months".

Sure, there would have been whining....... But at least they would have laid it all out up front.


I agree. The handled the PR side of it poorly. The fact still remains the only hope these guys have of getting a block (because they won't get the money back) is the guys who bought up what was left of KB make enough money to fill the back orders.

It's absolutely incredible to me that grown men, whom, most of them is suspect are over 30 don't have the life knowledge to understand it's anything but a 3-4:1 ratio of new blocks being sold to back order fills.

To fill the back orders first would require the capital of a bill gates. That's what I'm saying. They have one hope.


Funny you say that. A very good friend of mine who is out 7K just asked me to order a couple blocks so he would get his faster. LOL He is a good friend but I politely declined. I told him he should call and ask to buy 3 more so they could ship the three new orders with his BO. Kinda like dollar cost averaging or something right ? This 3 new orders to 1 BO plan could be manipulated in ones favor.........

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: pittsburghracer] #2361805
08/29/17 05:15 PM
08/29/17 05:15 PM
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Posts: 216
America
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Originally Posted By pittsburghracer
Keith Black Racing Engines Thank you James Gerkin , we certainly appreciate your kind words and patience. As I know Ken will agree it's been a rough road getting back on track with everything. We're grateful for customers like you, and certainly happy to have been able to finally deliver the block you've been waiting so patiently for. Please do post pictures of your build as it comes along, we can't wait to see your car on the road.





And they answer their phones is the statement that made this completely untrue...

Re: Keith Black, Chevy blocks !!!!!!!!! [Re: merpar] #2361923
08/29/17 08:47 PM
08/29/17 08:47 PM
Joined: Nov 2010
Posts: 1,397
Carson City, Nevada
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Carson City, Nevada
Madscientist,
Are you for real?
If somebody had your 7K you wouldn't be running your gums like you are.
I know you don't know the whole story because your way of thinking is way off.
There is no justification for new management not to fill backorders, the new ownership is the same company and they are responsible. No bankruptcy was filed. You think you know but you don't.

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