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MSD Bankrupt

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Old 09-06-2013, 06:24 PM
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Default MSD Bankrupt

Damn, hope we can still get our ignition box for carbed ls stuff

http://blogs.wsj.com/bankruptcy/2013...rs-bankruptcy/
Old 09-06-2013, 08:10 PM
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Well who knows what chapter eleven is? Certain ways you file do not end the company but help them get straight financially.
Old 09-06-2013, 08:27 PM
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Isn't chapter 11 just a "wash away debt, clean slate" type of deal? I could be wrong, maybe thats chapter 12. Hopefully they can rebound..
Old 09-06-2013, 08:42 PM
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Looks like operations will continue as normal.
Old 09-06-2013, 11:07 PM
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Chapter 11 reorganization. Typically this means the creditors, stock holders and employees get the hose, but the company lives on. Til' the next snafu.
Old 09-06-2013, 11:25 PM
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MSD is not going out of business. They are restructuring their debt that was acquired with the acquisition of Edge and Superchips (Powertec).

Given that the economy took a huge dump and then Edge was hit with a nearly $1M fine from the federal government for the diesel DFP delete product.

Of the three companies in that group, MSD has been carrying the debt of the other two. This was a way to restructure the debt and carry on.

You will still be able to get products, service, boxes and distributors rebuilt etc. The ProMag product is still alive and dominating the NHRA pro fuel pits. RacPak is still alive and kicking and still a viable brand for those who want the premium data logging product. They will be around for a long time to come.
Old 09-07-2013, 12:48 AM
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Nearly 1 million won't hurt a company as large as edge let alone edge and msd.
Old 09-07-2013, 01:10 AM
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Alas, that is to be expected. Any company, in the modern era, requiring you to buy an antiquated USB-UART bridge device (dongle USB laptop thingy ) just to connect to any reasonably modern computer, is doomed
Old 09-07-2013, 07:07 AM
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Originally Posted by gjestico
Alas, that is to be expected. Any company, in the modern era, requiring you to buy an antiquated USB-UART bridge device (dongle USB laptop thingy ) just to connect to any reasonably modern computer, is doomed
They did it for pretty good reasons.

Serial port is more durable in tough environments than USB.

Adding Bluetooth or such to the box would have added cost and complexity to the box that most auto enthusiasts would not want.
Old 09-07-2013, 09:29 AM
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Originally Posted by speedtigger
Adding Bluetooth or such to the box would have added cost and complexity to the box that most auto enthusiasts would not want.
That argument makes zero sense. Probably 99% of us had to buy a serial to USB adapter to hook up to the box in the first place. Mine cost all of $8. USB to bluetooth adapters sell for as little as $2.

I gladly would have paid an extra $10 to get bluetooth or even wifi in the box. I even would have paid another $4 on top of that to get a smart phone app to run the box.

Maybe there was some sort of interference they were worried about, but for the most part I bet they went serial just due to lack of effort. Hell, every my kids game boys had wireless links for years now.
Old 09-07-2013, 10:46 AM
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Originally Posted by Pop N Wood
That argument makes zero sense TO MY PERSONAL SENSE OF VALUE.
Fixed it for you. Your welcome.

I just got my first Windows 8 Laptop. No other laptop I have owned had Bluetooth. I certainly don't want to be trying to tune my car on the tiny screen on my phone. Would Bluetooth be a good added feature? Sure, but I would not want to pay too much extra for it. Somebody who does not have a state of the art Laptop with Bluetooth would not want to pay any extra for it.
Old 09-07-2013, 03:48 PM
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The MSD grid has a usb cored so I don't understand why they went serial port either
Old 09-07-2013, 03:52 PM
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Originally Posted by 70shortwide
The MSD grid has a usb cored so I don't understand why they went serial port either
USB can't withstand rough handling and tough environments. The sockets break.
Old 09-07-2013, 05:37 PM
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Then why do all the msd grids and data logger systems that the 10.5 guys run around here all have usb?
Old 09-07-2013, 05:40 PM
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Originally Posted by 70shortwide
Then why do all the msd grids and data logger systems that the 10.5 guys run around here all have usb?
You would have to ask MSD that. I am just stating the facts.

Do those systems mount inside the car? Remember, our 6010 and 6012s are designed to be able to be mounted on the freakin' intake manifold.
Old 09-07-2013, 06:01 PM
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Originally Posted by speedtigger
You would have to ask MSD that. I am just stating the facts.

Do those systems mount inside the car? Remember, our 6010 and 6012s are designed to be able to be mounted on the freakin' intake manifold.
Anyway. Sounds like we will still have support from MSD For carb setups. I agree that the setup could be better. I had to buy an adapter and remove a pin to make mine work. Trying to tell my dad that ls motors are the way to go. Sbc guy. With out hours of internet research he would never figure it out . Im sold on ls motors. Besides MSD im kind of suprised that nobody else is making a setup to run a ls motor with a carb.
Old 09-07-2013, 10:49 PM
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Originally Posted by speedtigger
USB can't withstand rough handling and tough environments. The sockets break.
Yes, A true RS-232 serial to serial setup is more robust in a noisy environment. That is not what we have here. RS-232 is very easy to implement for a micro designer thus it's the easy way out. Cheap.
What we are dealing with here is an RS-232 to USB situation. Everyone who connects a laptop to an MSD unit is going to use the USB port on the laptop, Via an adapter dongle (no other choice).
Do you leave your dongle attached to the MSD while driving ?? why would you need the jackscrews that attach it and make it more secure (sockets) than USB otherwise ??

Holley EFI (Dominator and HP) units have USB connection. Seems to work well for them. They have a screw in sealed USB connector.
Old 09-08-2013, 07:21 AM
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Originally Posted by Colin1337
Isn't chapter 11 just a "wash away debt, clean slate" type of deal? I could be wrong, maybe thats chapter 12. Hopefully they can rebound..
CHAPTER 7 ---not 11
Old 09-08-2013, 12:40 PM
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serial data is more "secure" and also has less issues with the environment doing weird things to it.
Old 09-10-2013, 01:34 AM
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Chapter 11 is more or less consolidation of debt and re-financing without losing the company. By filing for court ordered restructuring, they get a stay of seizure against the debt holders.

Chapter 7 is where they file bankruptcy and all debt is wiped out, but in a corporate situation, it usually means the end of the company because most judges order the company's assets liquidated and the proceeds from the sales gets distributed to the debt holders equally, or percentage based.


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