Darryl R Posted September 10, 2019 Share Posted September 10, 2019 On 9/9/2019 at 10:40 AM, auricgoldfinger said: I'm supposedly build #24. Hmmm... Is PH back in business? Sean Jacobs just emailed me with photos of my new 6-rails LPS. Link to comment
Popular Post Darryl R Posted September 10, 2019 Popular Post Share Posted September 10, 2019 31 minutes ago, rickca said: I'd love to see those photos if SJ is OK with you posting them. Please also share your specs for those 6 rails if you feel comfortable doing so. Thanks. Sure. I had to wait 3 months for mine, and probably was lucky with the timing of Sean's schedule. I think Innuos keeps him busy with builds. The 4 GX16 outputs are for ATX (3 rails), EPS, and two 5V for accessories. From Sean: "The transformer uses an over-size core, around 650-700VA, some of the output windings have the 2 wires terminated at opposite sides of the transformer - hence the unconventional wiring loom for the transformer wires, it worked out neatly enough though I think." austinpop and rickca 1 1 Link to comment
Darryl R Posted September 10, 2019 Share Posted September 10, 2019 11 minutes ago, rickca said: How many amps do you have for EPS12V and for the two 5V accessory rails? Did you buy cables from Sean as well? I bet you're excited! I'll have to dig back in my notes for the amps. I remember asking him for more than I needed. Sean made cables for the two 5V rails, but his contract with Innous would not allow him to make the mobo cables. I just sent the pin assignments to Ghent for those. rickca 1 Link to comment
Darryl R Posted September 10, 2019 Share Posted September 10, 2019 He had asked me about SJ when I ordered it, so I'm sure he'll like the photos. Link to comment
Darryl R Posted May 10, 2021 Share Posted May 10, 2021 I had an SR7T on next month's schedule. Paul's email isn't bouncing, so I'm sure he'll honor the deposits. Link to comment
Darryl R Posted May 11, 2021 Share Posted May 11, 2021 11 hours ago, Darryl R said: I had an SR7T on next month's schedule. Paul's email isn't bouncing, so I'm sure he'll honor the deposits. Whatever happened, there appears to have been an orderly shutdown at PHD. I've found Paul to be an honorable man, and I'm hoping he'll communicate with those who have deposits very shortly. Link to comment
Darryl R Posted May 12, 2021 Share Posted May 12, 2021 14 hours ago, paulhynes said: Unfortunately PHD Ltd is indeed now closed because of insolvency due to recent adverse trading conditions, leaving the company unable to cover this month’s operating costs. Because this is a limited company and it is a separate legal entity, I have to follow strict legal guidelines defined by Companies House and I am currently responsible for liaising with the insolvency practitioner appointed to close the company down and to provide all the information they require to complete their task. The Insolvency practitioner will, in due course, contact anyone with a creditor interest in the company. My custom build outstanding order schedule is not part of the insolvency proceedings as it was never incorporated into the PHD Ltd company. The only effect the PHD Ltd closure will have on the custom build schedule is absorbing my time over the next few weeks while I comply withy the statutory closure data provision requirements. Once clear of my legal obligations with the Insolvency Practitioner I will continue with the custom build schedule as soon as possible. My e-mail in box is rather overloaded at present so please do not expect an instant reply. I will answer the e-mail as soon as I can. I am sorry to be the bearer of such sad tidings. Regards Paul There is of course the issue of those whose money you have taken even very recently whilst knowing the state of affairs of your company. I'm anticipating you'll be honorable, step out from behind the legal facade, and refund those good-faith payments. Link to comment
Popular Post Darryl R Posted May 12, 2021 Popular Post Share Posted May 12, 2021 35 minutes ago, LTG2010 said: Audiophiles are probably the most gullible creatures on this planet, People getting burnt once, then twice and others encouraging more of the same. A very smug, obnoxious statement from the peanut gallery. I suppose I'm relatively fortunate in that I only stand to lose $1500 for a single-rail SR7T, having opted against a 2-rail model at just the right time (a week before the insolvency "suddently became apparent"). But others no doubt stand to lose substantially more. I'm slightly amazed anyone wants to thank Paul for that last post, as if he were not in any way responsible for the mismanagement here (gimme a break). I guess those with substantially more invested want to tiptoe around him. auricgoldfinger, ASRMichael and Ben-M 2 1 Link to comment
Darryl R Posted May 12, 2021 Share Posted May 12, 2021 30 minutes ago, auricgoldfinger said: The "thanks" for the post in question was for answering everyone's questions and keeping interested parties informed. Please stop making uninformed accusations toward me and others and maintain a civil tone. Or, take your posts to another thread. @The Computer Audiophile Brian, LTG2010 is right (though a tad uncivil, wouldn't you say?). Hynes does have a history of mismanagement. I hope you get your unit. Link to comment
Darryl R Posted May 12, 2021 Share Posted May 12, 2021 18 minutes ago, BigAlMc said: I understand the different viewpoints here but at the end of the day we are talking about a startup business, in a remote part of the Scottish islands, going under after two lengthy lockdowns. I don't know the details but the very best business plans could have been kiboshed in these circumstances. It's tough out there. I reiterate that this is a sad event. PHD were providing high quality products on a reliable basis. The audiophile community are poorer for the lack of this option. Cheers, Alan Hey Alan. Sure, already time to move on. I suppose many of us would like to find a responsible maker of quality power supplies for audio applications even under normal economic conditions. The search continues ... Superdad 1 Link to comment
Darryl R Posted May 12, 2021 Share Posted May 12, 2021 29 minutes ago, ASRMichael said: If paid by credit card contact your credit card company. You should get your money back. No such luck with the bank transfer -- probably the only time I wish I'd paid the extra fees and accepted the lousy exchange rate with PayPal. Link to comment
Darryl R Posted May 12, 2021 Share Posted May 12, 2021 7 minutes ago, ASRMichael said: I also find it insulting in one vein to talk about business been bankrupt and then be talking about custom builds & SRT. Sounds like Paul will just start again under different name & continue with business as normal. Whilst I people who have lost money sit scratching their heads thinking WTF!! Not good practice at all. I lost money to the crook Adrian from TLS, so you have my sympathies Be careful, the creator of this thread might call you uncivil and tag the site owner. Link to comment
Popular Post Darryl R Posted May 12, 2021 Popular Post Share Posted May 12, 2021 1 hour ago, LTG2010 said: Yes I'm right and the only person here being uncivil is you, as well as a the other terms you used. A person sets up a business selling a product, takes a large amount of deposits and fails to provide the product to his customers. He then sets up a Ltd company where he is the sole director providing a similar product, takes more deposits and has to close down. Being a Ltd company he is not personally liable to his customers or suppliers. As others have stated the website is still active and taking orders. Until a liquidator is appointed the director has access to all funds, should he whish to return the deposits. My parenthetical remark was only sarcasm. Btw, we seem to have an abundance of small business expertise here, but I will say I've received several private messages with differing points of view. My references were to integrity, not legalisms. In the end, integrity is what makes or breaks a man. Indeed tempers did flair, but it's already time to move on. ASRMichael and Exocer 2 Link to comment
Darryl R Posted May 13, 2021 Share Posted May 13, 2021 15 hours ago, Apmusson said: People have lost money and tempers / frustrations are rightly running high. We need to be kind to each other - we don't know who has been affected by this closure. I appreciate this gracious attitude. We are both cancer patients here, also nearing retirement age, and I'm out of work with no medical insurance. With very tight funds, I ordered a PHD LPS after Mr. Hynes personally assured me the business was in great hands that he could retire at ease. If I had a momentary lapse of poise after Mr. Hynes' last post, I'll have to ask the forgiveness of those offended. I'm doing great today, but I am also concerned for some here who have far more at stake. Apmusson 1 Link to comment
Darryl R Posted May 15, 2021 Share Posted May 15, 2021 7 hours ago, JonD said: Now if he has been paying himself dividends from the company as a shareholder and a director, when its been going under, then there may well be a legal case. Bingo (as we say here in the southern states). Others have come to me in private, and wish to remain so, but the list goes on with stories of shipments said to be "on the way" but then communication stopped. Too many people let this guy do this for too long. lucretius 1 Link to comment
Darryl R Posted May 15, 2021 Share Posted May 15, 2021 2 minutes ago, auricgoldfinger said: Are you talking about PHD shipments that never arrived, or custom builds? PHD. Link to comment
Darryl R Posted May 17, 2021 Share Posted May 17, 2021 6 hours ago, JonD said: @hopkins I do think that a lot of extra information has been disclosed on this incident, plus some speculation; but don't forget that this really began to kick off when PaulHynes version of events started to get responded to by various people on the other side of the story who were seeing it quite differently. Ideally PHD Ltd would have announced it was closed and going into liquidation on its own website and Paul would only have needed to link to that and let ppl know what is going on. Instead we got his version of events and that has led to the long conversation and I notice that there is still no official communication from the liquidators to anyone and nothing on the website about the problem. Very much in keeping with the subject of this thread, let's also remember this is the same individual who has taken thousands of dollars from customers of his "custom business," and has yet to honor some of those orders for up to 4 years! None of this should come as a surprise (I speak as one with an outstanding PHD order). Adyc 1 Link to comment
Popular Post Darryl R Posted May 29, 2021 Popular Post Share Posted May 29, 2021 I still get occasional PMs from site members wondering about their PHD orders. But as I told the last gentleman (and they're all gentlemen!), life is too short to spend any more time on this and he agreed. But let me also say here what I said to him: If you're looking for a great LPS from a fine businessman with integrity, contact Sean Jacobs. Many here already know this. [email protected] Adyc, lwr, MarkusBarkus and 2 others 2 1 2 Link to comment
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