Info Aqualung Financial Troubles

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I have not seen anyone named Yifei Huang in the press releases.
 
Company Name: AQUA MASTER SPORTING TECHNOLOGY CO LLC
Entity Type: CALIFORNIA LIMITED-LIABILITY COMPANY - CA
File Number: 202461110780
Filing State: California (CA)
Filing Status: Active
Filing Date: February 21, 2024
Company Age: 2 Months
Registered Agent:
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Yifei Huang
1564 Bershire Ct
San Marcos, CA 92609
Principal Address:
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1564 Berkshire Ct
San Marcos, CA 92069
Mailing Address:
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1564 Berkshire Ct
San Marcos, CA 92069
Managed By: Manager Managed
Governing Agency: California Secretary of State
 
I have not seen anyone named Yifei Huang in the press releases.
Im afraid the scuba press releases won't tell you what you may need to know.
But simply parrot out what they are informed by the original Aqualung press release.
This and the benefits of the promise of future advertising revenue.

One point of interest that should not be overlooked is the new US Divers owner.

Incidentally Aqua Master Sporting Technology Co LLC has appointed Ivan James as vice president. Now most know Ivan for many years was the Aqualung sales manager.
So yet another Aqualung management member gone.

But the real question remaining is (I assume) the geographical location of the folks who bought US Divers and not the parrot squawking

"We are pleased to be selling our historical US Divers band to a California-based company,"

Yeah right. Iain
 
Company Name:AQUA MASTER SPORTING TECHNOLOGY CO LLC
Entity Type:CALIFORNIA LIMITED-LIABILITY COMPANY - CA
File Number:202461110780
Filing State:California (CA)
Filing Status:Active
Filing Date:February 21, 2024
Company Age:2 Months
Registered Agent:
Map Icon
spacer
Yifei Huang
1564 Bershire Ct
San Marcos, CA 92609
Principal Address:
Map Icon
spacer
1564 Berkshire Ct
San Marcos, CA 92069
Mailing Address:
Map Icon
spacer
1564 Berkshire Ct
San Marcos, CA 92069
Managed By:Manager Managed
Governing Agency:California Secretary of State
Note that "Registered Agent" is almost NEVER the owner. Usually the RA is a law firm or other person/organization acting with limited power of attorney to represent the company and receive all legal notices and services (receiving notice of suits, subpoenas, communication from the Secretary of State, etc), sometimes assist with legal filings, and to notify the company of such. The RAs's job is to pass those along to the owner and/or designee. Usually has to be a physical office in the state of incorporation/registration.
 
The 2nd piece of the Aqualung group has been sold: Stohlquist. Only 4 pieces left - Aqualung, Apeks, Omer, Aquasphere.
The US Divers brand was sold earlier this year. I will keep you informed as I find out more.

 
The 2nd piece of the Aqualung group has been sold: Stohlquist. Only 4 pieces left - Aqualung, Apeks, Omer, Aquasphere.
The US Divers brand was sold earlier this year. I will keep you informed as I find out more.



What about PPS? Who owns it now?
 
Aqualung bought it in 2016. I don't think they've sold it yet.
Everything is owned by the majority lender Barings. They now own everything under the Aqualung Group. They are trying to recoup their loans to Aqualung by selling everything off. They are not the people to try to run any of the parts, no matter what they say in the press. Good luck trying to find service kits for your regs in 2 years.
 
Everything is owned by the majority lender Barings. They now own everything under the Aqualung Group. They are trying to recoup their loans to Aqualung by selling everything off. They are not the people to try to run any of the parts, no matter what they say in the press. Good luck trying to find service kits for your regs in 2 years.
Your post makes no sense. If Barings sells Aqualung, then whoever they sell it to will make the service kits. Or, more precisely, AL will make the service kits as a subsidiary of the larger company. Unless you think that Barings is going to sell AL to a company that makes blenders or air conditioners.
 
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