Modulus Mob

[ShoeManiac]

Today's news just confirms the suspicions of the past several months. I'm guessing that the Modulus ownership had been seeking out investors or financing in an effort to get out of their debt hole, but most likely exhausted all of their options. I would think that Chapter 11 & Chapter 13, which are reorganization plans, were not an option in the bankruptcy filing.

I have some fond memories of my Sweetspot 6 string. And for years I've wanted to get a VJ4 of my own. Buying a new one would have been great, but that's no longer going to be an option. Hopefully I can get a hold of one on the secondary market.

 

[Bipslapper]

Well, my Modulus earned me a few hundred dollars the other night, so that works for me.

Agreed, my Q5, with fresh batteries and new strings, will be making me money this Friday and it will watch me enjoy a few Lagunitus IPA's ta boot!

 

[sleepy_monkey]

Agreed, my Q5, with fresh batteries and new strings, will be making me money this Friday and it will watch me enjoy a few Lagunitus IPA's ta boot!

Great beer. I had a few this weekend!!

 

[Funk_Pirate]

This thread just made my GAS for a Q6 unbearable, looks like I'm on a hunt now......

 

[mmbongo]

Well, my Modulus earned me a few hundred dollars the other night, so that works for me.

But to be fair, a $129 SX would have done the same thing and only you would have known the difference

 

[JFMusic]

Sad to here the official word... but I'll still be rocking my Q5 tonight in Cambridge, so there's that.

 

[Bipslapper]

Great beer. I had a few this weekend!!

Agree Sleepy. We get them free at a few gigs. I will toast you, Anderson and Joe P. at our gig just for the hell of it.

On a serious note, I really am sad at the demise of Modulus and hope someone (Joe P ?) will step up and buy them out.
Rock On!

 

[edwinhurwitz]

But to be fair, a $129 SX would have done the same thing and only you would have known the difference

You might think so, but actually I got a lot of comments. Usually I play a '67 Starfire so people noticed. Of course, if we had been playing more straight ahead rock or country or some such, then yeah, it's the old joke:

Q: How many bass players does it take to change a light bulb?
A: No one knows. No one ever noticed.

And can you get a 6 string through body SX for $129?

 

[sleepy_monkey]

People (musicians) notice Modulus basses.
Them: "You play a Modulus!?"
Me: "Actually it plays me"

My bass makes me better....firm believer.

 

[pickles]

Weird thing is, its not all that much debt. They must not see any way to get back to profitability. Really sad, modulus basses were something special.

 

[iriegnome]

I am visiting Orlando, Florida for the holidays and I ventured into the local Guitar Center. Asked if they had any Modulus basses and the brought me into the bass room and handed me a Fender Dimension!! They then hopped on theinternet to find out what a Modulus was. I was completely shocked and stunned.

 

[sleepy_monkey]

I am visiting Orlando, Florida for the holidays and I ventured into the local Guitar Center. Asked if they had any Modulus basses and the brought me into the bass room and handed me a Fender Dimension!! They then hopped on theinternet to find out what a Modulus was. I was completely shocked and stunned.

Oh gawd. ::face meet palm::

 

[rossiman]

Ummm... this is bad news. Chapter Seven Bankruptcy (sometimes called Liquidation Bankruptcy) means that Modulus is almost surely done as a corporate entity. QUOTE]

Very sad indeed. I won't be letting go of my FB4.

If anyone gets word of an auction, let me know! I'd like to get my hands on some Modulus memorabilia, parts

 

[iriegnome]

Oh gawd. ::face meet palm::

Yep. I know that there are some basses that only us freaks would know about, but Modulus.. Flea! I mean come on!

 

[BassOliverB]

Yep. I know that there are some basses that only us freaks would know about, but Modulus.. Flea! I mean come on!

The only reason why I know, love and most important, have a Modulus, is because of Flea!

 

[jim nolte]

Weird thing is, its not all that much debt. They must not see any way to get back to profitability. Really sad, modulus basses were something special.

Agreed,$50,000 would be pocket change for somebody like Phil Lesh! Come on Phil, bail out the company that makes the bass you've played the most in the past 10 years

 

[elgecko]

Agreed,$50,000 would be pocket change for somebody like Phil Lesh! Come on Phil, bail out the company that makes the bass you've played the most in the past 10 years

Actually, their liabilities are somewhere between $100k and $500k.

 

[jim nolte]

oops,my bad, well 2 pockets of change As a F Bass player I read an interesting article how George had lost 50% of his business a couple of years ago during the bad economic times and almost folded. He hung in there and has stated that things are really starting to improve now. But I guess it's just to late for Modulus. Very sad. Jim

 

[preside]

Has anyone considered the option of a Geoff Gould bass since Modulus seems kaput ?

 

[jim nolte]

Contact John Prock at Music Unlimited in Monterey Ca. They are one of the few Geoff Gould dealers around. Jim