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Thanks for the update.
Unfortunate for all concerned as you’ve stated but more unpleasant for myself living in Western Australia.
Last I spoke with Marko was well over 12 months ago when he offered me a refund. Nothing, absolutely nothing, no money, no communication since.
Like you guys, I’m a reasonable man and have been more than patient but cannot excuse Mako’s lack of communication.
He gladly took my 50% deposit and then nothing. I’ve been out of pocket for over 2 years now, inexcusable.
Still shaking my head how my trust in someone turned so sour. Such a fool am I.
I spoke to Marko for over an hour on Sunday, and we talked a lot about the K situation (duh) so here's the basic rundown of how this has all gone down. It might leave you with more questions than answers, and I'm happy to do my best to answer them.
1. Marko Debuts the K around NAMM 2017.
2. Everyone gets excited and Marko takes a bunch of pre-orders.
3. Marko is small time as far as the OEM is concerned, so they put Hammersmith on the back end of their workload.
4. Marko ups his order by a substantial amount hoping to get moved up in their production schedule. This required a much greater initial deposit. The order included Hammersmith's other models as well, not just the Ks.
5. Errors in communication from both parties (OEM sending e-mails to the wrong address, Marko getting frustrated by a lack of communication) have led to a strained relationship and almost no communication between Marko and the OEM. However, Marko believes that the OEM should have started production at some point over the summer.
6. There is a remaining balance that needs to be paid before the OEM will ship out the goods. The OEM has not provided Markop with production updates, so Marko doesn't know what (if anything) is currently ready to ship.
Marko's plan going forward is to meet with his OEM at NAMM '19 (Marko will be going as a guest, Hammersmith as a brand will not be at the show). He's hoping to get a concrete answer from them. Beyond that, he's simply going to pay off the balance due to the OEM ASAP. His best case scenario was that things will begin shipping to him sometime in March-April.
Another big reason for the delay is that the initial basses shown at NAMM were prototypes. There were still several things about the design that needed to be re-worked. Those kinks were sorted so that both Marko and the OEM were satisfied, and that's when Marko tried to get the ball rolling. This (in addition to the fact that the current OEM already has Marko's money) is why Marko didn't want to start the process all over again with a new OEM.
As far as my take on the situation, I think Marko is a solid guy. I personally don't think it's fair to draw comparisons to guys like Dr. Bass. I think Marko got overexcited and over-promised things he wasn't fully equipped to deliver, but he seems to have done what he can to make it right with everyone involved) As far as I'm aware, everyone who wanted a refund got one, and everyone that wanted a replacement bass got one. There's only a handful of us that are still waiting on the K basses (I think Marko said 5-6 of us), which is what we all chose to do. If that's not true, please let me know.
Again, to his credit, he's stopped taking orders, hasn't tried to sell anything he doesn't have on hand, took his website down, etc. I don't get the sense he's in it to take the money and run. It's an unfortunate situation that likely could have been avoided, and on the phone Marko took full responsibility for it.
His lack of communication is completely inexcusable, and the reasons he gave for that were unsatisfactory, though relate-able (overwhelmed by the sheer volume, and something about his Talkbass commercial user membership expiring that won't allow him to post in this thread).
That's the gist of everything. As I said before, I'm happy to try and answer any questions you guys have. Like I said, definitely not good news, but not really bad news either. My conversation with Marko left me feeling hopeful, and I'm eager to see how this all works out.
Ask him if he's considered truth counselling?......Marko reached out to me via email, and said that he will be at NAMM. He wont' have a booth, but he will be present, and asked if I'd like to meet up with him. Hopefully I will have the opportunity to speak with him.
Do you guys have any specific questions you'd like me to ask?
I think that your claim is bassless......I'm thinking we're involved in a Ponzi scheme where the currency used is basses.

@wintremute
Sorry to bug you, but I'm just curious if you learned anything new after meeting with Marko? Killer work in the NAMM thread. Mighty Kind of you to do that for the forum.