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GRE PSR-500
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Author:  Mark [ Mon Sep 03, 2012 4:35 pm ]
Post subject:  GRE PSR-500

Looks like they are going on Ebay for 325-425. Looking for $300 or trade. Comes with orig box and computer cord. Any who know me, know the radio has hit the ground a few times and carried in pocket with keys. Screen is in great shape and radio works great.

Author:  Mark [ Wed Oct 17, 2012 1:20 pm ]
Post subject:  Re: GRE PSR-500

OK, this is your last chance, they're not going to be making these forever:)

Author:  tonyclark [ Thu Oct 18, 2012 5:59 pm ]
Post subject:  Re: GRE PSR-500

I think hitting the ground a few times has a lot to not getting sold + the price.
I paid $210 for one new in the box 2 months ago.

Author:  Mark [ Thu Oct 18, 2012 7:59 pm ]
Post subject:  Re: GRE PSR-500

I was joking because GRE scanners are out of business.

Author:  KE7JFF [ Thu Oct 18, 2012 10:05 pm ]
Post subject:  Re: GRE PSR-500

Mark wrote:
I was joking because GRE scanners are out of business.


No, they still are in business...

Author:  nickcarr [ Fri Oct 19, 2012 9:42 am ]
Post subject:  Re: GRE PSR-500

KE7JFF wrote:
Mark wrote:
I was joking because GRE scanners are out of business.


No, they still are in business...


Not correct sir. They are done. GRE America is still around but that is the warranty repair arm of the company. They fired the plant employees in Japan. They are more/less hanging by a thread.

Author:  Rich [ Fri Oct 19, 2012 11:47 am ]
Post subject:  Re: GRE PSR-500

Interesting. I wonder if they would entertain offers.

Author:  nickcarr [ Fri Oct 19, 2012 12:04 pm ]
Post subject:  Re: GRE PSR-500

Rich wrote:
Interesting. I wonder if they would entertain offers.


Rich from what people "in the know" have reported, it sounds like a few of the (I presume, senior) employees are trying to resurrect the company and keep it going -- but in today's economy, I don't know if that has much of a shot.

At first you would think that R/S would have a desire to buy them -- but apparently R/S is only hanging by two threads...

Author:  Rich [ Fri Oct 19, 2012 2:22 pm ]
Post subject:  Re: GRE PSR-500

I suppose it depends on how much capital someone is willing to burn while floating the company to profitability. Another option is dumping it for asset value, which would be an interesting number to negotiate.

Author:  KE7JFF [ Fri Oct 19, 2012 10:44 pm ]
Post subject:  Re: GRE PSR-500

Well, I asked someone I know who deals in electronics in Japan; he said yes, GRE in Japan did "close" but they way the management and owners did it sounds like perhaps there's something dishonorable going on up top. However, whats interesting the newer scanners like the PSR-900 are being made by Foxconn.

Author:  luminoxs [ Wed Oct 24, 2012 5:12 am ]
Post subject:  Re: GRE PSR-500

http://www.greamerica.com/support/index ... &newsid=38

GRE Official Announcement 10/23/2012

October 23, 2012


To our valued Dealers and Customers,

Due to circumstances beyond its control, General Research of Electronics of Japan (GRE)
is temporarily not able to manufacture the GRECOM and Radio Shack branded radio scanners.

The Chinese Government’s plan to redevelop the area where the GRE factory had been in
operation for over ten years finally forced its closure. Anticipating this eventuality,
GRE was in the process of building a new factory but unfortunately the cost of raw materials,
labor and increased taxes created a heavy financial investment burden that could not be
effectively recovered.

GRE America continues to market, support and service the GRECOM branded scanners and is
contractually committed to keep the Library Database updated and current. GRE America
will continue to market, service and support Alinco’s radio products without any interruption.

We sincerely apologize for this unfortunate turn of events. GRE is proceeding to establish
a contract with a new factory and believes it will be able to restart the manufacturing in
the near future.


For continued sales, service and support, please contact the GRE America office.

Raj Gounder
Director of sales
GRE America, Inc.

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