Boyd Duckett Dumps E21

[Dan:]

I thought they were selling like hotcakes? How can they possibly be going under?

[Lucky Craft Man]

I thought they were selling like hotcakes? How can they possibly be going under?

Selling alot of products can't help you when you are replacing alot of already sold ones (though, it can help slow down the bleeding).

[Dan:]

are they really having that many replacement issues?

[MarauderYak]

I thought they were selling like hotcakes? How can they possibly be going under?

Their high-end golf club shafts have NOT been selling like hotcakes. Doesn't mean they're going under, but they're hurting. Having your top pro leave & say negative things about the company & the product right before I-Cast WILL hurt them further.

[Bassaholic84]

I just bought one last week and that alone is why i am taking it back

[cart7t]

It's interesting that he didn't bow out of the deal quietly as other possible sponsors will be concerned that he may trash their gear too for whatever reason. He's an exec, so he knows this, which makes it that much more intriguing to me.

exactly. I can't remember the last time any sports figure walked away from an endorsement deal and made comments of the tone Boyd did here. Not exactly the kind of thing any future sponsor would want to hear and the kind of thing that could bring legal repercussions from E21. He could've walked away quietly, he chose to let folks know his reasons.

I suspect his words were chosen wisely.

I actually think the opposite would be true. Imagine if Boyd started using Lamiglas rods. People now think that Boyd is more about integrity, principle and quality, therefore people might think that Lamiglas must be good a good if Boyd is using it. I think this could work in Boyd's favor as well as in the favor of any potential sponsor (I am hoping G Loomis picks him up)

Generally, if a pro(regardless of sport) walks from a product, even if he doesn't like it anymore, it's not standard practice to begin spilling the dirt so to speak, like he did here.  That often gets said pro into trouble signing with the next sponsor.  

I have no problem with it.  His move was sudden and it's obvious there are problems at E21.  I'm sure he's wanting to distance himself.  

[South FLA]

Boyd Duckett is IMO a stand up guide and I value his opinion. Did Skeet Reese bad mouth Lamiglass when he left regarding quality issues. When money is on the line Boyd doesn't want his rod to be a Carrot! I feel sorry for those members who bought one based on they hype, how confident must they be with the lifetime warranty?  I am glad the Bait Monkey did not convince me to try a carrot though  

[bilgerat]

As with cars, electronics and most other goods : Stay away from the first generation of any new technology. Be patient. Price comes down, quality goes up. Buying anything solely because a "pro" uses it is stupid.

[KYntucky Warmouth]

I have two, one ltx and one gold.  I honestly like the rods, the gold more so than the ltx, and have not had any problems with them and the gold gets fished alot, i use it or cranks, the ltx is a worm rod and I have 4 so it gets rotated.  The sensitivity of the ltx leaves something to be desired but is an all around good rod.

[DINK WHISPERER]

It was about time he moved away from those junk rods!

[Sam]

We do not know the entire story. Only Boyd's position.

There could have been contract negotiations that went sour or a personality clash or Boyd has some insider information from inside sources that made him make the move.

Remember when Ranger dumped Ike for going nuts at the Classic?  I am sure there was more to that story, like Ranger finding an excuse to let Ike go based on a financial concern that Ranger did not want to publicize, rather than an ethical concern that was used as an excuse.

And Bass Cat moved fast to sign Ike after the split.

All I can say is what my old LSU economics prof told us...."follow the money."  

[bass wrangler569]

I find it sad that so many of you cannot accept that maybe for once somebody is actually making a decision for ethical, and not financial reasons. I'm not a naive person and I realize that money is the influence behind of a lot of decisions but how about we stop making assumptions until we have evidence to base those assumptions on.

I'm not a Duckett fan in the least, and my decision to buy my carrot stix had nothing to do with his endorsement, but I think its depressing that our society can no longer accept that somebody might actually be a decent person.

oh, and Cart... I like your new avatar   ;D

[Sam]

Poor financials?  Check out this story.

Element 21 is On Target to Double Its Revenues in the 2008-2009 Fiscal Year

Press Release

Source: Element 21 Golf Company

On Monday July 13, 2009, 4:00 pm EDT

      Buzz up! 0 Print

TORONTO, July 13, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News; Frankfurt:BJQ - News), the leading manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, announced today that preliminary revenue figures as of June 30, 2009 year-end indicate that Element 21 is on target to double its revenue as compared to June 30, 2008.

Element 21's revenue has been growing at an annualized growth rate of 343% and 705% for fiscal year 2006 and 2007, respectively. This trend is continuing based on the preliminary revenue figures for the fiscal year 2008. The three year average growth rate for the recent past is 204%. (www.e21sports.com)

Element 21 has experienced significant growth, since the introduction of its Carrot Stix line of fishing rods. The rods are being sold in the major specialty retailers such as Bass Pro, Cabela's, Academy and West Marine.

[Pantera61]

Poor financials? Check out this story.

Element 21 is On Target to Double Its Revenues in the 2008-2009 Fiscal Year

Press Release

Source: Element 21 Golf Company

On Monday July 13, 2009, 4:00 pm EDT

      Buzz up! 0 Print

TORONTO, July 13, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News; Frankfurt:BJQ - News), the leading manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, announced today that preliminary revenue figures as of June 30, 2009 year-end indicate that Element 21 is on target to double its revenue as compared to June 30, 2008.

Element 21's revenue has been growing at an annualized growth rate of 343% and 705% for fiscal year 2006 and 2007, respectively. This trend is continuing based on the preliminary revenue figures for the fiscal year 2008. The three year average growth rate for the recent past is 204%. (www.e21sports.com)

Element 21 has experienced significant growth, since the introduction of its Carrot Stix line of fishing rods. The rods are being sold in the major specialty retailers such as Bass Pro, Cabela's, Academy and West Marine.

I heard Bernie Madoff had good ###s too.

[cart7t]

OMC didn't look too bad towards the end either.

Too many overlapping boat companies and exploding FICHTS did them in.  

[Koop]

Poor financials? Check out this story.

Element 21 is On Target to Double Its Revenues in he 2008-2009 Fiscal Year

Press Release

Source: Element 21 Golf Company

On Monday July 13, 2009, 4:00 pm EDT

      Buzz up! 0 Print

TORONTO, July 13, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News; Frankfurt:BJQ - News), the leading manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, announced today that preliminary revenue figures as of June 30, 2009 year-end indicate that Element 21 is on target to double its revenue as compared to June 30, 2008.

Element 21's revenue has been growing at an annualized growth rate of 343% and 705% for fiscal year 2006 and 2007, respectively. This trend is continuing based on the preliminary revenue figures for the fiscal year 2008. The three year average growth rate for the recent past is 204%. (www.e21sports.com)

Element 21 has experienced significant growth, since the introduction of its Carrot Stix line of fishing rods. The rods are being sold in the major specialty retailers such as Bass Pro, Cabela's, Academy and West Marine.

I heard Bernie Madoff had good ###s too.

[Jeff H]

A novelty rod at a popular pricing point is all I see.  :

I see a good bit of "fugly" there too.

[=Matt 5.0=]

I'll keep swinging those four and five pounders in the boat with my gimmick rods.

[Muddy]

Poor financials? Check out this story.

Element 21 is On Target to Double Its Revenues in the 2008-2009 Fiscal Year

Press Release

Source: Element 21 Golf Company

On Monday July 13, 2009, 4:00 pm EDT

      Buzz up! 0 Print

TORONTO, July 13, 2009 (GLOBE NEWSWIRE) -- Element 21 Golf Company (OTCBB:ETGF - News; Frankfurt:BJQ - News), the leading manufacturer of advanced Scandium Alloy golf and biofiber fishing equipment, announced today that preliminary revenue figures as of June 30, 2009 year-end indicate that Element 21 is on target to double its revenue as compared to June 30, 2008.

Element 21's revenue has been growing at an annualized growth rate of 343% and 705% for fiscal year 2006 and 2007, respectively. This trend is continuing based on the preliminary revenue figures for the fiscal year 2008. The three year average growth rate for the recent past is 204%. (www.e21sports.com)

Element 21 has experienced significant growth, since the introduction of its Carrot Stix line of fishing rods. The rods are being sold in the major specialty retailers such as Bass Pro, Cabela's, Academy and West Marine.

Lets see Enron,Lehman Brothers,Merrill Lynch,GM all were in good shape according to one article or shyster accountant also. Also gotta give props to Uncle Bernie in his new blue suit

[The Yankee Fist]

Hmmmm....let me say this from a complete newbie's point of view. There is no offense meant.

There are cheap rods and they all feel the same within their price point.

There are slightly more expensive rods and they all feel the same within their respective price point.

There are step up rods slightly more expensive and they all feel the same within their respective price point.

As we get to the middle upper end they still all feel the same within their marketing ploy.

I must have checked out hundreds of rods this year and most felt the same..some a little different but basically like they came out of the same factory with the same thick finish and different hardware.

When I finally got a hold of the top end...IMX, other brand equivalents and above I started to realize what the hoopla is all about. It's the quality, the feel, craftsmanship and then when you fish them you really know.

I guess my point is, it doesn't really matter what make, if it's in your budget and works well then it's the perfect rod for you, hell it was for me for many many years.

Only, and only when you get to the cream of the crop do you really "feel" a difference amongst the brands and the separation from the others is quite apparent....even to a newbie. No sense fighting over what basically all comes out of the same factories in those price points.

[firefightn15]

As with cars, electronics and most other goods : Stay away from the first generation of any new technology. Be patient. Price comes down, quality goes up. Buying anything solely because a "pro" uses it is stupid.

X2  I think that their 1st generaton rods may have had bugs to work out.  Same thing in the firearms industry, an example would be Ruger when they intro'd the P85 back in the 80's  a few of their subsequent 1st run Models had issues that took Ruger 2 or 3 years to work through.  S&W also had the same type of issues when they dove deeper into the semi-auto side arms.

My guess is that E21 had their issues worked out and to that point, decided to get cheap.  Now if this is the case, why wouldn't someone who tagged their name to the product want to walk away?  And why wouldn't he give his reasons?  He walks, his name would still be associated with the product.

Geez, heaven help us if anyone comes out with another rod that isn't black or brown.  And for the record, I still haven't had anyone tell me how the "cheap" guides have failed them.  If E21 ever comes out with a multi-tool, I know who I am buying one for!  Ahem

[daviscw]

And for the record, I still haven't had anyone tell me how the "cheap" guides have failed them.

Exactly. I will bet anyone all of my money that my Carrot Stix will never lose or crack a ceramic insert.

No ceramic isn't necessarily bad.

[DINK WHISPERER]

Slap some braid on it and fish it in some nasty cover and than see what happens........................

[Big Bait Fishing]

gimmick rods ???? , PLEASE ,  i catch 3-7 lb. fish on my carrot stix all the time . my carrot stix is super light and has a ton of backbone . people need to stop , do you see me complaining about g.loomis rods ( i actually would never buy one cause they are heavy and have funky grips ) but i don't go bashing . do you really expect me or other people to stop liking and fishing our carrot stix cause of this or things that other people say , guess again ...........  8-)

[rubba bubba]

And so with this and the snookums thread Bassresource has come full circle. 2 months ago you couldn't read anything but "I love Carrot Stix" threads.  The hype machine was at its finest.

Not saying the rod is good or bad as I've never seen or used one.  Just the herd mentality that seems to crop up here a lot.  Now the herd is on the downside of the Carrot stix love....