| #1 JimDrew
||Dec 07, 2012 01:27 PM
As many of you know, XPS is an Arizona corporation with a partnership for owners. Several months ago I had to finally come to terms that the direction XPS has taken over the last few years is not what I had envisioned. Starting with the exclusive use of Graupner for foreign sales and ending in the lack of product stock, the poor decisions made have been a disaster. Because no agreements between the partners could be reached for production of new products, we have not produced anything (of substantial quantity) in over a year.
This has left our customers with a dwindling (or non-existent) inventory of products that I still feel offers the best technology available today.
I have been trying to actively solve the XPS issue since October, meeting with attorneys and accountants on just about a daily basis. Finally the paperwork has been completed. I am pleased to announce that as of today I have taken over XPS completely. I am now the 100% owner of the corporation, including the RF division and all technology... no more partners.
My vision has been very different from what has transpired. We need new products, and more importantly we need existing good products available ASAP! On Monday, I will be placing large orders for components and materials to build most of our existing products, and start the production of new products.
So, what does that mean for you, the customer? It means that best receiver ever released in R/C, our Nano series will become available again. New products like the Channel Expander will be produced, and finally our 9 and 12 channel receivers will be produced. There will be a handheld device produced that offers numerous applications. Instead of going into details here, I will start individual threads about each of the upcoming products as they enter the production phase.
So, where does that leave the XPS-3216 transmitter? Well, honestly, I didn't want to make a transmitter without having first made all new receivers, with full telemetry support. The turn of events flip-flopped the order of importance, focusing on something that will never sell if you don't have the supporting cast... namely receivers. I have not actively worked on the transmitter since my return from Guam for James Cameron's project in April. My focus has been on other products (that have never been announced and won't be until production is ready). Once the dust settles, I will return full time to finish up the transmitter. I do not know at this point how long this will be. Unfortunately, some things were lost with this transition. I do not have access to the original transmitter request email list. So, I am going to setup an email account that is strictly an in box (with auto-reply) for being added to the list.
I will be going through the existing inventory this weekend and updating the website's online store to reflect items in stock, not in stock, and those that are being discontinued will be removed.
I appreciate your patience with this. It is going to take some work. However, since I alone designed every single XPS brand product that we have ever sold, I am confident that I can continue to develop incredible products for my customers - and have them available.
Thank you for your continued support.
Jim Drew, CEO/Owner - Xtreme Power Systems