JD2035RR posted:BRIAN WHITE posted:If only they had paid their bills
RSJB18 posted:
Still don't understand how their management could not keep the company running when the product sold itself.
It wasn't so much about paying bills. It was the actions that K-line took to steal trade secrets from Lionel and the following lawsuit/settlement that really did them in.
Actually it was that the designer of that Lionel power pack left Lionel and went to K-Line I guess thinking he could reuse his design there!
PLUS the reality that K-Line did not charge enough for their product to keep them a float.
Ron