most useless product ever?
Postmaster
Joined: Aug 2004
Posts: 4,004
Likes: 1
From: North of Boston MA
Originally Posted by NumberDummy
Poor Ron Popeil? LOL Business Week just reported he sold his company for 55 million dollars. So he's hardly poor, and obviously, the company didn't go bankrupt.
If you act now, you can buy Ronco Corp., the home of the Veg-O-Matic, Pocket Fisherman and other infomercial classics.
But there's already a suitor willing to acquire the troubled company's assets for the once-unbelievably low price of $10 million ... or less. Just two years ago, Ronco sold for about $55 million.
The U.S. Bankruptcy Court in Woodland Hills has cleared the way for the company, founded in 1958 by legendary pitchman Ron Popeil, to be sold next month at auction.
If no bidders arise by the end of July, according to the Friday court order, Ronco will go to Marlin Equity Partners, an El Segundo private equity firm.
But there's already a suitor willing to acquire the troubled company's assets for the once-unbelievably low price of $10 million ... or less. Just two years ago, Ronco sold for about $55 million.
The U.S. Bankruptcy Court in Woodland Hills has cleared the way for the company, founded in 1958 by legendary pitchman Ron Popeil, to be sold next month at auction.
If no bidders arise by the end of July, according to the Friday court order, Ronco will go to Marlin Equity Partners, an El Segundo private equity firm.
Post Fiend
Joined: Jan 2006
Posts: 20,589
Likes: 2
From: Charlotte, NC
Originally Posted by godblessmud
im curious as to why you were on discount beauty.com in the first place...
So?....Unclehan?......
Elder User
Joined: Dec 2006
Posts: 913
Likes: 0
Unclehan, your posts never cease to amaze me...fresh, thought-provoking, even titalating. Who else would have thought to start a thread about useless crap? We see it everywhere...and it has become commonplace. However useless it may be, many folks, once they realize others are buying it, have got to have it for themselves. It's certainly not useless to those who are selling it! And don't worry about those who question your internet destinations. When you finally perfect whatever miraculous wonder cream you're working on, they will be singing a different tune. You go, Unclehan!
Post Fiend
Joined: Jan 2006
Posts: 20,589
Likes: 2
From: Charlotte, NC
Originally Posted by Keepin It Real
And don't worry about those who question your internet destinations. When you finally perfect whatever miraculous wonder cream you're working on, they will be singing a different tune. You go, Unclehan!
Elder User
Joined: Dec 2006
Posts: 913
Likes: 0
I'm convinced unclehan is on to something. You kinda have to read between the lines, but I believe this guy is on the verge of an important discovery. It's a new and exciting wonder cream with amazing properties, or some kind of mechanical invention, or maybe a weird paranormal vortex gateway beyond our wildest dreams. Whatever it is, when he makes his break-through, I want to be on his good side. You guys should , too. Otherwise, be afraid. Be very afraid. And I ain't kidding!
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