Guests - If You want access to member only forums on HSO. You will gain access only when you sign-in or Sign-Up on HotSpotOutdoors.

It's easy - LOOK UPPER right menu.

Sign in to follow this  
Followers 0
Sniper07

Marcum Going Under???

12 posts in this topic

Hey Timmy Toe can you shed a little light on this for us? I read in another post that Marcum was bought out and is going to be shut down. We both know that they market the best flasher going and I hate the thought of not having a chance to get newer and better products from them. So I'm sure some of us would appreciate any info you can share.

SNIPER 07

Share this post


Link to post
Share on other sites

Lots of things are in limbo. NatureVision was bought out and Marcum is under that umbrella. They'll be another umbrella...

I'd like to build a flasher with no labels, stickers, identifying marks, pro-staff, advertising, comercials, ect...

Share this post


Link to post
Share on other sites

Nature Vision acquired MarCum last year and started liquidating inventory to earn cash. I picked up a brand new LX-5 for $300 from Reeds earlier this year.

Now it looks like Nature Vision will scale back operations - which I assume means - trimming their product line and focusing on a core strategy.

More details....

http://www.globenewswire.com/newsroom/news.html?d=171509

Share this post


Link to post
Share on other sites

Smails that explains what I found. I think.

Nature Vision, Inc. Announces 643M HSBC PANAMA Addition to Asset Recovery Portfolio ( )

ROCKWALL, Texas, Aug 17, 2009 (GlobeNewswire via COMTEX) -- Nature Vision, Inc. (PINK SHEETS:NRVN), a Minnesota Corporation, announces the following current events have taken place.

Nature Vision would like to announce a $643 Million HSBC PANAMA cash account has been added to the company's Asset Recovery Portfolio and will be recognized in Nature Vision's financial statements when recovered.

The Peace Through Water Foundation has elected to utilize the services of Nature Vision, Inc. to assist in the collection of this account. Peace Through Water Foundation (PTW) assigned all rights including ownership of the above described asset to Nature Vision, Inc. This assignment is irrevocable and may be transferred or assigned by Nature Vision, Inc. to a third party if so desired.

Jeff Thompson of Peace Through Water stated, "The funds held in this account have been on deposit for a period of more than eight years and no claims or allegations have ever been made by the depository bank or government agencies that these funds are from any type of criminal origin."

Michael Alexander, CEO of Nature Vision, stated, "Nature Vision and PTW goals are synergistic; NVI assists in the reacquisition of orphaned assets and PTW will help to utilize them in the Global efforts for 'Change'."

Upon the successful release of any funds from this account, Nature Vision will recognize the recovered funds in its financial statements and assign 25% of the gross proceeds to be managed by the Peace Through Water Foundation for funding humanitarian based projects Worldwide.

Share this post


Link to post
Share on other sites

Peace Through Water Foundation for funding humanitarian based projects Worldwide.

What's with saving the world, can't they just make cameras and flashers on the side? I hate to see good small companies get gobbled up by Global markets and closed by having their assets striped out! Stinks! mad

Share this post


Link to post
Share on other sites

Through phone conversations and email were very close... Look for a release soon and the future of MarCum going forward strengthened considerably. Thank you for your patience.

Share this post


Link to post
Share on other sites

Best news I've heard in awhile.Sounds great Tim I'll try to call you sometime tomarrow .Tuzz

Share this post


Link to post
Share on other sites

MarCum is now being marketed by Versa Electronics of Minnesota. They are the ones who were and are the manufacture of this product. All is well.

No worries with this product.

Share this post


Link to post
Share on other sites

Here is there press release I just found Embarassed

September 1, 2009 - FOR IMMEDIATE RELEASE:

To our MarCum Technologies and ShowDown Digital Fish Finder partners and friends:

Minneapolis, MN – Electronic Technologies, LLC, d/b/a Versa Electronics, a Minnesota limited liability company, is pleased to announce, effective immediately, the acquisition of the assets of MarCum Technologies and ShowDown brands, including inventory, tooling, intellectual property and designs formerly owned by Nature Vision, Inc.

In business for over 50 years, Versa Electronics has been involved with MarCum products for the past three years, manufacturing all the MarCum sonar products during that time. Combined with our experience in the manufacture of the MarCum brand, our continuing commitment to quality and delivery makes this a perfect fit. We will bring this commitment and attention to detail to the underwater camera side of the business, as well. In addition, and based on our experience in sonar, we recognize the value of the ShowDown product and are equally committed to continued development and growth of this brand.

In order to ensure timely deliveries of products currently under development and maintain the consistent quality that you are accustomed to receiving from the brands, we plan to introduce features both into existing and new products and release those designs and products only after they have been thoroughly tested and are deemed ready for the marketplace.

MarCum Underwater Viewing Systems VS380, VS820, and VS825C, the LXi Handheld Sonar, and ShowDown sonar products will ship on schedule. Other MarCum sonar products, including the VX-1P, LX-3tc, and LX-5, will continue to be manufactured here in the U.S. at Versa Electronics to ensure continuing quality and performance of the brand. These MarCum sonar products will deliver on or before November 13, 2009.

We anticipate a seamless transition from Nature Vision, Inc. to Versa Electronics. All pricing, UPC numbers, product descriptions, programs, terms, etc. will be assumed and honored by Versa Electronics. In addition, all consumer warranty claims and repairs, returns, credit requests, and all other functions for servicing both the consumer and our trade partners become functions of Versa Electronics, effective immediately. For any customer service related issues, we invite you to contact us at 888-778-1208 or email us at service@versae.com.

All of us here at Versa value your business and understand the urgency and importance of ensuring that you receive on-time delivery of the products reflected on your existing open purchase orders. In our efforts to satisfy your requirements and exceed your expectations, we will work to meet deadlines and deliver the high quality products you have come to know and expect of the brands. We very much look forward to supporting you and working together to grow the MarCum and ShowDown product families.

Regards,

Kevin Johnsrud

CEO

3943 Quebec Ave. N

Minneapolis, MN 55427

763-512-3988 Steve Hanson

Sales Manager Mark Slater

Slater Sales

952-442-3216

slater@visi.com

I think marcum will be just fine and you should see the product line in stores after the nov 13 ship date. From what they say here you will be well taken care of. No need to worries.

Share this post


Link to post
Share on other sites

Here is there press release I just found.

September 1, 2009 - FOR IMMEDIATE RELEASE:

To our MarCum Technologies and ShowDown Digital Fish Finder partners and friends:

Minneapolis, MN – Electronic Technologies, LLC, d/b/a Versa Electronics, a Minnesota limited liability company, is pleased to announce, effective immediately, the acquisition of the assets of MarCum Technologies and ShowDown brands, including inventory, tooling, intellectual property and designs formerly owned by Nature Vision, Inc.

In business for over 50 years, Versa Electronics has been involved with MarCum products for the past three years, manufacturing all the MarCum sonar products during that time. Combined with our experience in the manufacture of the MarCum brand, our continuing commitment to quality and delivery makes this a perfect fit. We will bring this commitment and attention to detail to the underwater camera side of the business, as well. In addition, and based on our experience in sonar, we recognize the value of the ShowDown product and are equally committed to continued development and growth of this brand.

In order to ensure timely deliveries of products currently under development and maintain the consistent quality that you are accustomed to receiving from the brands, we plan to introduce features both into existing and new products and release those designs and products only after they have been thoroughly tested and are deemed ready for the marketplace.

MarCum Underwater Viewing Systems VS380, VS820, and VS825C, the LXi Handheld Sonar, and ShowDown sonar products will ship on schedule. Other MarCum sonar products, including the VX-1P, LX-3tc, and LX-5, will continue to be manufactured here in the U.S. at Versa Electronics to ensure continuing quality and performance of the brand. These MarCum sonar products will deliver on or before November 13, 2009.

We anticipate a seamless transition from Nature Vision, Inc. to Versa Electronics. All pricing, UPC numbers, product descriptions, programs, terms, etc. will be assumed and honored by Versa Electronics. In addition, all consumer warranty claims and repairs, returns, credit requests, and all other functions for servicing both the consumer and our trade partners become functions of Versa Electronics, effective immediately. For any customer service related issues, we invite you to contact us at 888-778-1208 or email us at service@versae.com.

All of us here at Versa value your business and understand the urgency and importance of ensuring that you receive on-time delivery of the products reflected on your existing open purchase orders. In our efforts to satisfy your requirements and exceed your expectations, we will work to meet deadlines and deliver the high quality products you have come to know and expect of the brands. We very much look forward to supporting you and working together to grow the MarCum and ShowDown product families.

Regards,

Kevin Johnsrud

CEO

3943 Quebec Ave. N

Minneapolis, MN 55427

763-512-3988 Steve Hanson

Sales Manager Mark Slater

Slater Sales

952-442-3216

slater@visi.com

I think marcum will be just fine and you should see the product line in stores after the nov 13 ship date. From what they say here you will be well taken care of. No need to worries.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now
Sign in to follow this  
Followers 0



  • Posts

    • Been out on a few solo adventures lately. Finding some slab crappies mostly. Got into a mix of gills and slabs today! Fish have been hit and miss this ice season locally but if your willing to put the work in you can find em. Finding fish in that 20-30 fow area depending on the weather. Crappies range from 12-14" and the gill is 10". Most fish caught on plastic baits, a few on waxies. It's been a blast lately! Hopefully my luck keeps up! Have a look!! 
    • Very good-think for yourself.  Trust-to a degree-your gut.  Hemingway always bragged about his buhlsnick sniffer and most of the press people in my life have had excellent  sniffers. But you HAVE to believe in some media efforts simply because there is no value to them of lying about some things and frankly I doubt that many do with any regularity. As far as you 'why I have no idea" regarding political parties and those "invested" in them it is because they BELIEVE certain causes or philosophy's are what they agree with.  Nothing wrong with that. Communists fervently believe (or did) that their way was the best.  Libertarians the same and of course Republicans and Democrats espouse the basic beliefs of their party. There is nothing wrong with any of the PARTIES.....it is the PEOPLE who end up at the top of them. I have learned that one of the reasons for that is simple:   too many truly good and decent people pf talent and ability cannot bring themselves to run for office. It has become degrading and the reason is simple.....because the public trashes and bashes all politicians as "corrupt" and the politicians who ARE corrupt deter others from seeking office. We have some pretty sleazy people running this country and it is sad. No,   I do not know the answer. It is too late.
    • The great part is he doesn't own a house yet down here so if the plan is in-home daycare, he can look for a house that will suit his needs.   One thing I would do different if I were going to up and move but I had to stay around the metro area, I would move to the far north suburbs instead of the far south suburbs where I am now. I hate having to go through the cities in order to go up north for the weekend camping or fishing.
    • You should make us all some ribs so we can taste it. 
    • I like a lot of the new Shell's flavors that they have now but I got burnt out on regular Shell's back in college because I had 3 roommates that were all from New Ulm and they could buy returnable bottle cases really cheap. How ever many cases could stack in our apartment from floor to ceiling is how many we would go through each week.
    • The drawer rails you just want ones with "detent" on them. I think ours are set to 10lbs.   Here are pics for the doors.
    • You might want to try, if you haven't already, the app WAZE on your phone.   real time traffic and suggested alternative routes.  
    • I had a guy do that also on Sat in N.D. Pulled in with a Ford F350 and a big Ice Castle and started his  2000 watt All-Pro generator and set it in front of his pickup about 40 ft and went and got in his house. I went and asked him if he want to plug into my Honda 2000 so I didnt have to listen to its all afternoon.   But when I left we picked up and got everything ready. He never came out and I could see him looking out the window so I just unplugged his cord and picked up my generator and left. Never came out to thank me. But the guy next to me thanked me so he wouldnt have to listen to it.
    • Agree on both Stall & Stewart as huge bonuses....but I'm not going to give Fletch credit...it's all on those 2 players that they resurrected their game with new found youth.  It was a "wing & a prayer" from Fletch's standpoint....he had to do something, threw his darts on the wall and they stuck at Stall and Stewart and fortunately for Fletch it has worked out...and both were cheap signings....
    • Dang right!! Nuttin' better than the Reb and Smurfy show!!!! 
  • Our Sponsors