Oh wow , long story ......barrett wrote: ↑Wed Dec 23, 2020 12:54 pm Get healthy again soon, mathjak. Perhaps one of the previously unknown side effects of Covid will be a heightened ability to time the markets!! Maybe keep your stats post Covid to give us our first data point.
I also hope your drumming gig comes back in 2021.
unfortunately the owner of the groups name . front man and founding member got cancer and died recently during covid .
well i haven't heard any thing since he died a few months ago and i always thought the group would go on as a legacy band since his son is in the group and he was really doing a great job carrying the torch.
but i ran in to a former member of the group at the studio i happen to be at before I got COVID and she told me something i was shocked by .
the groups name and operations were held in a LLC created by the owner of the groups name , and he had signed personal guarantees for loans .
not sure how or why he got the LLC in to such great debt , but his surviving wife said the name can no longer be used or else the group could be sued for the debt that was owed . he evidently was on the verge of declaring bankruptcy it was so much . (for a 2nd time )
so dont know the whole story and out of respect i wont divulge who it was but i thought it was crazy that after a 50 year run , the name has to die with the owner of the groups name and trademark and can no longer be used , not even by his son ..50 years of history down the drain as far as a viable business goes .
it just seems most careers in the music business end up crashing and burning .
my dad was a pro drummer too and he refused to teach me just because of how these careers burn and how unpredictable they can be . so i had to learn on my own .
Ironically my wife and I ordered lunch in to the studio that day for Christmas for the owner .....I believe that is where we got COVID eating at a small table .
Within 2 days I was coughing and he called the same day to say he had chills and a fever....
