Sale of PowerChip falls through, Performance Forums are to blame!

prasac · 24-02-2011, 03:02 PM

couldn't have happened to a nicer guy

full story can be read here:
Sale-of-Powerchip-falls-through-Wayne-Besanko-still-involved

GS608 · 24-02-2011, 03:06 PM

that's funny. Anybody ever heard what the outcome with the court case was?

prasac · 24-02-2011, 03:08 PM

Quote:

Originally Posted by 5.0

that's funny. Anybody ever heard what the outcome with the court case was?

it goes to court in May. RNS-11Z seems in good spirits about it. if he still has the headers he should sell it as the ''extractors that took down PowerChip''

calais · 24-02-2011, 06:02 PM

The blokes over at PF would be fairly happy to see natural justice take it's course.

I know I am

.... "carry on like a pork chop, and soon enough you'll find the grill".

Road_Warrior · 24-02-2011, 06:13 PM

Oh man that is *** LOL

prasac · 24-02-2011, 06:31 PM

Quote:

Originally Posted by calais

The blokes over at PF would be fairly happy to see natural justice take it's course.

I know I am

.... "carry on like a pork chop, and soon enough you'll find the grill".

karma finally found him. bet he never thought he would have a set of extractors cost him millions

Jack91 · 24-02-2011, 06:45 PM

Good riddance.

XCwillo · 24-02-2011, 06:51 PM

Oh my. I love this so much.
I've been following from the start and spent an entire day reading the one thread that started it all.
Top stuff!

Homer · 24-02-2011, 06:51 PM

More like Wayne Besanko himself is to blame.
What a tool.

Iggypoppin' · 24-02-2011, 06:51 PM

Good riddance, however I believe PF was just a catalyst as Wayne and powerchip would have gone under by their own makings eventually. That being said, they did a great job of making sure lots of people knew about how dodgy Wayne is!

Road Games · 24-02-2011, 07:09 PM

Quote:

Originally Posted by prasac

couldn't have happened to a nicer guy

full story can be read here:
Sale-of-Powerchip-falls-through-Wayne-Besanko-still-involved

Sale of Powerchip falls through - Wayne Besanko still involved

Published on 02-16-2011 01:13 AM

People behind the scenes have been aware for a few weeks now that a sale of Powerchip was in the process of being completed. We did not report on it as a courtesy but we learned that the sale fell through and now can reveal what took place without having an affect on the outcome. Wayne Besanko attempted to sell Powerchip to an Asian investor he had been in talks with previously. This took place after the fall out from the performance forums debacle in which Powerchip's image took a huge hit and this spread to almost every forum and major blog.

We learned from several sources that Wayne was going to sell Powerchip to this investor and retire from the business as he had his fill of it. This generally excited both former and current Powerchip employees we spoke to as the problem with Powerchip has been, well, Wayne Besanko. With Wayne out of the picture permanently it would pave the road to Powerchip's recovery (such as returning to this site, among others) and to once again be a serious option. Current and former employees were excited by this development as they have received nothing but a string of bad news as of late.

The sale was to be for a large figure which we will not say. In previous years, Powerchip would have easily been able to get this amount from this investor and likely others. It would seem that Wayne pulled the rug out from underneath himself as word spread with what he was doing on the internet, attacking everyone and destroying the brand name. If you search for Wayne Besanko on google, what you find now is "Powerchip are a bunch of C%#@s." It would seem the investor eventually heard of this and sale fell through.

It seems Wayne's actions finally caught up with him and that reality set in on just how much damage he had done and how much he had hurt himself. Wayne has now pulled back from the daily operation of Powerchip and has hired a manager to take over for him. We hope his retreat to the background is permanent and we know many currently involved with him and in the past would like nothing more than for this to happen.

It would also seem that current Powerchip dealers (guess who?) are exploring other options as they have grown tired of dealing with Wayne and the chaos he has created. Quite simply, Wayne Besanko has exhausted the patience of everyone due to erratic behavior which has gotten more and more eccentric due to issues in his personal life. We wish we could say we feel sorry for him, but we don't.

Looks like that retirement will have to wait...

Re-printed to save you guys clicking it !

tex · 24-02-2011, 07:17 PM

Such a shame.

I gave him more than a grand back in 1995 for a powerchip for my EF 5 speed 4.0lt.

Still own the car, but tossed the powerchip many many years ago. Hmmm.

BYe Bye Wayne.

mickyyyy · 24-02-2011, 09:09 PM

Man this Wayne dude is a piece of work, i think he needs a day job hahahaha

prasac · 25-02-2011, 02:13 AM

Quote:

Originally Posted by DAZZLER351

[B]

Re-printed to save you guys clicking it !

thanks mate, had to include one of the member's quotes from the site, cracked me up

Still for Sale: Will trade the business today only for a decent set of M3 rims and the business card of a defamation lawyer with solid credentials.... Assets include/and arent limited to: A used truck gearbox, a sturdy desk phone that can be held firmly in anger and spat into, and a jar containing bubushka's dentures....

mrbaxr6t · 25-02-2011, 08:34 AM

Seduce XR6 · 25-02-2011, 10:29 AM

Quote:

Originally Posted by mickyyyy

Man this Wayne dude is a piece of work, i think he needs a day job hahahaha

lol or a night Job

maybe he would make a good pimp

prasac · 25-02-2011, 10:41 AM

Quote:

Originally Posted by Seduce XR6

lol or a night Job

maybe he would make a good pimp

well, he is good at screwing people, so it's the obvious next profession

what i have heard/read about him, GOD, help the world if he has kid's and they come out anything like him. maybe his missus is extra nice (Nelso seems to think so, lil in-joke for those of us that read the PF thread

) so the kid's will come out normal. hopefully anyone else interested in purchasing his company does their research and finds out what he is like.

OLDFORDNUT · 25-02-2011, 10:47 AM

http://autospeed.com/cms/title_AutoS...2/article.html
This article tells you plenty and it was an interview with Wayne Besanko in January 2000,From the questions the interviewer already had strong doubts about powerchip back then.
How on Earth do they still have a business left in 2011?
Just a bunch of thieves,then to top it off the **** goes on his own website to publicly name a bloke who does great work because he left the company to do things properly Jeremy @ OE tuning .and Besanko hates him now,after encouraging him to break the law and travel half way around the world.
just NASTY

GavL · 25-02-2011, 11:07 AM

Quote:

Originally Posted by prasac

well, he is good at screwing people, so it's the obvious next profession

what i have heard/read about him, GOD, help the world if he has kid's and they come out anything like him. maybe his missus is extra nice (Nelso seems to think so, lil in-joke for those of us that read the PF thread

) so the kid's will come out normal. hopefully anyone else interested in purchasing his company does their research and finds out what he is like.

LOL! All the "testimonials" that Nelso left on the PowerChip website. Had a good time reading the 85 page long thread last night, some mega lols were to be had

TZENU · 25-02-2011, 11:38 AM

He had it comming for the past 10 years.... It has finally caught up with him...

Gearboxing FTW!

irlewy86 · 25-02-2011, 02:26 PM

Quote:

Originally Posted by TZENU

He had it comming for the past 10 years.... It has finally caught up with him...

Gearboxing FTW!

Its really incredible that a second hand gearbox and some ninja skills can bring someone crashing back to earth

lockieoc · 25-02-2011, 04:02 PM

Thank god. I Hope his company crashes and burns and we can all P!ss on the ashes.

mik · 25-02-2011, 04:12 PM

don`t flame me, but i feel sorry for the bloke

, ...............that reminds me i have a spare 4 speed gearbox

Cooper69S · 25-02-2011, 04:19 PM

Quote:

Originally Posted by OLDFORDNUT

http://autospeed.com/cms/title_AutoS...2/article.html
This article tells you plenty and it was an interview with Wayne Besanko in January 2000,From the questions the interviewer already had strong doubts about powerchip back then.
How on Earth do they still have a business left in 2011?

that article was an interesting read - certainly wouldn't have given anyone reading it a lot of confidence to go and buy a powerchip back then... the Autospeed bloke suggests things are better now though...

http://blog.autospeed.com/2010/12/20...cally-changed/

Quote:

And when, just this month, I wanted my turbo diesel Skoda Roomster remapped (it runs the VW 1.9 PD engine), I was happy to approach Powerchip. The car’s modifications will be covered in detail this coming year in a full AutoSpeed series, but the results achieved by Powerchip’s Bill Ingram, working on the Queanbeyan dyno of ESP Racing with Glen Kelly driving, were outstanding.

...

Two points from all this.
Have things got better in terms of tuning cars? Yes, by a simply massive amount.

And should people assume that interviews that are more than a decade old reflect current company abilities? Well, that would be a pretty dumb thing to do…

MAD · 25-02-2011, 04:30 PM

Sounds like someone might have been slipped a few dollars for that praise.
I would trust as many words from Julian Edgars mouth as I would from Wayne Besanko....none