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Go Back   Net54baseball.com Forums > Net54baseball Main Forum - WWII & Older Baseball Cards > Net54baseball Vintage (WWII & Older) Baseball Cards & New Member Introductions

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Old 11-30-2020, 08:33 PM
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Quote:
Originally Posted by slightlyrounded View Post
This.

I can't think of a more promising turn for PSA than having Nat Turner involved: A young, passionate, tech-savvy collector with an equal respect for modern and vintage sides of the hobby. Also someone who has been vocal about PSA's shortcomings over the years.

Unfortunately, there's are a lot of legacy issues that the new owners will be forced to navigate and hopefully they'll stay accountable to the community while doing so - It's all we can ask for.
Where was he vocal about PSA's shortcomings and what did he say?
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Old 12-01-2020, 05:40 AM
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Quote:
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Where was he vocal about PSA's shortcomings and what did he say?
It would be no surprise if a significant dollar amount of the sale price was set aside in escrow to fund future liabilities and then released over time, say 5-10 yrs.
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Old 12-01-2020, 09:16 AM
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Quote:
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It would be no surprise if a significant dollar amount of the sale price was set aside in escrow to fund future liabilities and then released over time, say 5-10 yrs.
In the purchase of a publicly held company? I doubt it.
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Old 12-01-2020, 10:12 AM
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So, what happens to the Grade Guarantee? Still in force? Will it still apply to cards graded before the buyout?
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Old 12-01-2020, 10:24 AM
Rich Klein Rich Klein is offline
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Dr. Beckett who kind of, sort of, has experience in running and then selling a company had some thoughts on his podcast this AM. Interesting perspective from someone who had been there. Plus about a week ago he ran a podcast with the person who was Beckett's CEO after he sold the company. I'd suggest listening to both. Not totally similar but some crossover

https://beckettinsights.podbean.com/e/356-psa-buyout/
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