6T5RUSH

Folks,

Apparently Keisler Engineering has filed for Chapter 7 yesterday.

http://business-bankruptcies.com/cas...ngineering-inc

Read a thread on the C3 forum and the above was posted today.

http://forums.corvetteforum.com/c3-t...0-600-a-4.html

Sorry for any of you who have had monies/deposits tied up and no tranny delivery.

Hopefully, a company with horsepower (read this $) can resurrect the manufacturer and sale of the SS700 tranny as it truly is a good piece.

Jim
In God We Trust!

wmf62

WOW

http://business-bankruptcies.com/cas...ngineering-inc



Bill

66jack

NOW WHAT..

Who to go to if one needs a 5/6 speed tranny...

azmusclecar

http://www.ddperformance.com/shop/pr...44cPath=107_90



http://www.moderndriveline.com/Techn...tremec_tko.htm


http://www.5speedtransmissions.com/tr-3550.html#Shifter

robert miller

I say they will have the doors back open same people in no time. Robert

DucatiDon

SO much for the warranty on my RS500...ugh.

Guess the next car will get a Tremec

wmf62

hope your name(s) are not on this list....
Bill

Creditors
•Abundant Manufacturing, Inc.
•ADAM CAVALIER
•ADAMS GARAGE
•ADVANCE AUTO PARTS
•AL DECKARD
•AL GRECO
•AL RITTER
•ALAIN GAGNE 2
•ALBERT JONES
•ALBERT MELCHIOR
show 586 more creditors… •Alcoa Tenn FCU
•Alcoa Tenn Federal Credit Union
•ALL TRANSMISSION PARTS
•ALLOWAY CORP
•ALLSTATE CONTAINERS, INC
•AMERICAN CLASSICS
•AMERICAN OVERDRIVES
•AMERICAN SPEED CENTER
•AMERICAN SPEEDSHOP
•AMOS PRESS, INC.
•ANDERS PERSSON
•ANDREW JEWELL
•ANDY HIXSON
•ANTHONY GRACE
•ANTHONY GUILLEBEAU
•ANTHONY MARCHIO
•ANTHONY SILVA
•ARG STAFFING
•ART MCADAMS
•ART PAAPE
•AUTO DOCTOR OF WARMINSTER
•Auto Trader Publishing
•B & E PERFORMANCE
•BARRIE CARSON
•BART IMMINGS
•BART PINSON
•BB& T
•BERTELKAMP AUTOMATION, INC.
•BEST OF SHOW AUTOMOTIVE
•BIG 3 PERFORMANCE
•Bill Baer
•BILL BOYNETT
•BILL CASEY
•BILL KUSHNICK
•BILL LEVKNECHT
•BILLET BADGES INC
•BLACK BOX NETWORK SERVICES
•Blake & Pendleton
•Blount County Clerk
•Blount County Trustee
•BLUE SKY CLASSIC CARS
•BOB BEAUREGARD
•BOB DEPALMA
•BOB HAZEL
•BOB MARTELLA
•BOB PETROKAS
•Bob Schulli
•BOB STAGG
•BOB'S HOT ROD SHOP
•BOERNE STAGE BODY SHOP
•BOISE MUFFLER SHOP
•Boxing Cat Automotive
•BRAD ERICKSON
•BRAD HANSON
•BRAD RANDALL
•BRADLEY WAITKUS
•BRADY HESS
•BRAND MOFFATT
•BRANDON IURATO
•BRAU HOLDINGS LLC
•BRET WHITE
•BRETT WARNER
•BRIAN BELL
•BRIAN HOPE
•BRIAN JULIEN
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•DEVLIN ROD AND CUSTOMS
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•DON HUTTON
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•DOUG SORRELL
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•DUNTOV MOTOR COMPANY
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•EDWARD KIM
•EMPLOYERS PREFERRED INSURANCE COMPANY
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•JET-FAB INC.
•JIANGLING MOTORS IMP. & EXP. CO., JMIE
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•JOSEPH MEDLIN
•KEITH DIXON
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•KEN ALDEN
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•KEVIN CELLEY
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•KEVINS AUTO RESTORATION AND REPAIR
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•KNOXVILLE RUBBER & GASKET
•KOEHLKE COMPONENTS, INC.
•KURT ANDERSON 2
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•LARRY B. FURR
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•LASER PRECISE, INC
•Lawrence Cyburt
•LE CLAIRE MANUFACTURING CO.
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•MAC MCMILLAN
•MAGNA CLASSICS
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•MARK W. SHERMAN
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•MARTIN HOERATH
•MARYLAND MUSCLECAR
•MATT HAUCK
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•MATTHEW PAYTON
•MCACN, LLC.
•MEL VOGELZANG
•METRO MOLDED PARTS, INC
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AirborneSilva

As a matter of fact it is

JohnZ

Hardly. Chapter 7 means it's all over, with creditors scrounging for scraps (they didn't file Chapter 11).

66jack

69ttop502

Only surprised they lasted this long with their business practices. Proof that truly, what goes around does come around. Hope all of you get something back.

I won't be surprised though, in a few months we will here another story of rebirth, and a promise of a new beginning and the hiring of 10,000 new customer service reps lol. RIP

Viking427

Keisler was just one of the two licensed distributors for Legends LGT-700 transmission ...which Keisler held proprietary rights for their shifter modification on. Seems Keisler would have sold the shifter mod rights to the other Distributor http://www.sprakerracing.com/ prior to filing, or to LG&T directly.

dhutton

Weasels. They called me last week for approval to charge another $4000 to insure a slot in their suppliers production schedule. Luckily I refused and advised my card not to accept additional charges.

Don

4 Speed Dave

WOW, Now that is takes some ***** to do. They knew what they were doing when they were asking you for more money. Given their business practices in the past I said long ago I would never buy anything from them. I have a good BS filter and all their e-mails and responses on this forum were loaded with BS and false promises.

wmf62

Don/Tony
did you get any notification, or was this the first you heard of it?
Bill

Velox

As JohnZ noted above... The filing is Chapter 7, which is when assets are seized, liquidated and distributed to creditors as partial payment of debt. Chapter 11 is when the business is allowed to reorganize and create a plan for debt repayment while continuing day-to-day operations. So this is NOT a reopen the doors plan to my understanding, this is liquidation... gone...

dhutton

This was the first I heard of the bankruptcy but I smelled something fishy when they asked for the money last week. It was for a 4L60E kit and there should be no need to pay in full to get in line for a common transmission like that. At least they only got $1000 out of me.

Don

69ttop502

Well, Don, your story confirms what a bunch of a crooks they have always been. Good for you. Sorry you lost 1000. I hope these jerks never show up again. Things I have seen them do, both on forums, and once in person, convinced me a long time ago, like Dave, that these guys were scumbags. At least we don't have to hear any more sob stories from them and excuses. Hopefully someone will pick up on the transmission.

Bill

66since71

Likely only Shafi's lawyer and his accountant knew about the filing. Explains business as usual until the very end.

From the creditor list... It confirms that he tried to keep the business running on deposits. It may have been better to downsize and slow down.

Bottom line, whatever you think of their business practices, we've lost a product many of us wanted. Sad to hear.

Harry

MarkC

I was shopping for a 5 speed two years ago at Old Town. Three knowledgeable people told me Keisler would be out of business in a year. They were off a little on their time but correct in the assessment of their business practices.