baxter 6 Posted June 17, 2013 Just hearing from Luth that he's had an email saying that one of the rep factories has been hit - 16 in jail 170,000,000 yuan of goods seized - special operation apparently not just the usual crackdown ..... seems the new guy in charge has teeth - that's all i know but i'm sure it will be all over the boards soon :( Share this post Link to post Share on other sites
McJules 396 Posted June 17, 2013 wow!! talk about a crackdown! hope it wasn't one of the good factory! no other details about this? Share this post Link to post Share on other sites
zero_deficit 0 Posted June 17, 2013 Luth is gonna post the email soon. This aint good :( Share this post Link to post Share on other sites
Guyute 0 Posted June 17, 2013 It was bound to happen sooner or later, I guess. Share this post Link to post Share on other sites
Hazz 0 Posted June 17, 2013 Watching Luth in Chat box next door, seem there is a big clamp down, factory closed, folk arrested, large amount of money seized, etc Share this post Link to post Share on other sites
Hazz 0 Posted June 17, 2013 mmmm, not convinced,may be a tall tale. Share this post Link to post Share on other sites
SSTEEL 0 Posted June 17, 2013 Shit, fingers, and toes crossed its just G winding us up lol Share this post Link to post Share on other sites
jacobarch 0 Posted June 17, 2013 YAWN............. Luthier also said the rep industry would be completely shut down in 1 year ..........2 years ago........... It happens every so often, some people don't pay their bribes and in turn they get busted. Will be back up and running in a week or two. Share this post Link to post Share on other sites
jeffw69 0 Posted June 17, 2013 Well, I'm glad that I have all the reps I wanted. Share this post Link to post Share on other sites
SSTEEL 0 Posted June 17, 2013 (edited) Holy shit, I just read Hazz's thread, and was hoping it was a windup. I sure hope this aint true, but if it is, its the risk I guess of this business. Damn, 170 mil yuan is around €20 million Euro! Edited June 17, 2013 by SSTEEL Share this post Link to post Share on other sites
jacobarch 0 Posted June 17, 2013 omg. not another thread about this.......... All will be fine, this happens once a year. Share this post Link to post Share on other sites
jeffw69 0 Posted June 17, 2013 Tall tale? I agree, he is pretty short. Share this post Link to post Share on other sites
baxter 6 Posted June 17, 2013 well he said he'll post the email later so i guess well know more then Tall tale? I agree, he is pretty short. that emoticon is really making me laugh Share this post Link to post Share on other sites
fana05 0 Posted June 17, 2013 (edited) Well, I'm glad that I have all the reps I wanted. With completely inelastic demand and no more supply I'm willing to buy your cheapest 21j at $1300 a piece Edited June 17, 2013 by fana05 Share this post Link to post Share on other sites
alexjustdoit 1 Posted June 17, 2013 This shit happens every day in China, let's be honest. The breadth of the counterfeit market in China is so large however that they really can't do much damage with attempts at cracking down. Share this post Link to post Share on other sites
RichardMiami 4 Posted June 17, 2013 Holy shit, I just read Hazz's thread, and was hoping it was a windup. I sure hope this aint true, but if it is, its the risk I guess of this business. Damn, 170 mil yuan is around €20 million Euro! Sure.. just like when they raid a marijuana farm.. if each plant can be broken up into 934 joints, and each joint is worth $32.56, and we got 15 plants but each had 250 seeds which could then grow more plants.......... then this raid has a street value of GAZILLION DOLLARS! Share this post Link to post Share on other sites
masmannan 0 Posted June 17, 2013 When op says 'factory'. Doesn't it really mean some dark back room basement. Next door to a battery chicken farm? Share this post Link to post Share on other sites
SSTEEL 0 Posted June 17, 2013 Holy shit, I just read Hazz's thread, and was hoping it was a windup. I sure hope this aint true, but if it is, its the risk I guess of this business. Damn, 170 mil yuan is around €20 million Euro! Sure.. just like when they raid a marijuana farm.. if each plant can be broken up into 934 joints, and each joint is worth $32.56, and we got 15 plants but each had 250 seeds which could then grow more plants.......... then this raid has a street value of GAZILLION DOLLARS! I forgot to add my winks, and smilies in my reply DOH Share this post Link to post Share on other sites
Ronin82 9 Posted June 17, 2013 I hope it isn´t really serious because I have a tooooooooooo large wish list Share this post Link to post Share on other sites
LightGeek 25 Posted June 17, 2013 Rep factory. Ok. Think of it like an ant hill. You've successfully eradicated one ant hill -- now what? As long as our TDs aren't touched, there will be supply. Share this post Link to post Share on other sites
conx 0 Posted June 17, 2013 17 arrested ? The poor children, perhaps they will get fed in prison though. Share this post Link to post Share on other sites
conx 0 Posted June 17, 2013 Remember, Luth knows it all Share this post Link to post Share on other sites
