Hi Chris,
What you are hearing is correct.
Here is one of Stevens public Posts.
"Hey guys. I wanted to deliver some important news regarding the RAVEN MTi mk2.
First, I'd like to explain that RAVEN is the result of many talented and passionate people who have worked so hard to create a ground breaking product that delivers an unparalleled workflow for audio professionals. Many of you know some of these great folks.. Jamey Zebrack, Matt Dodge, Trevor S Fedele, Nick Aliberti, and others like Ryan, Josh, Brian, Pete Beukelman, and Erika, you may not know, but they are the powerful players behind the scenes.
Upon the release of RAVEN 3.0, I felt like we truly were at a high point in the lifespan of RAVEN. We had an incredibly evolved and powerful software tool combined with an awesome hardware piece that was extremely affordable. RAVEN MTi2 sales exploded, and it was one of the most fulfilling and rewarding experiences in the history of the entire Slate brand. We had worked relentlessly to get to that point, even when so many doubted us.
From day one, we had supply issues, but they did not concern me. We simply had not anticipated the amount of demand, so we just put in a larger order to our manufacturer. Before Chinese New Year, which takes up most of February, we had put a massive order in and therefore we expected to have plenty of inventory to arrive in March, and estimated that this inventory would last us through the summer.
During that February break, Taiwan had one of the worst earthquakes in decades, a massive magnitude 6.4. Entire high rises toppled to the ground, and many lives were lost. We were notified in the last week of February that the factory that makes some of the most crucial components of the MTi-2 was affected by the earthquake, and that our massive shipment would be delayed till May. Then last week, the factory reached out to us and said that things were worse than they'd thought, and that June/July was a better estimate.
As you can imagine, this was devastating news. Just when we felt we'd reached the top, we were shot right down to the bottom. But this is business. And with any business, you have to be prepared for obstacles like this one, and if your aim is to succeed, you have to have the will to fight your way back to the top. And that's what we do at Slate.
We have immediately taken action to get a new supply of MTi2 units. We have several avenues in which we're taking to accomplish this task, and I am confident that with the determination and efforts of my talented team, we will come out of this tragedy with a big win.
I am extremely sorry for all of those who are affected by this. I know that many of you have been waiting a long time to get your RAVEN. And for those who really want to get something now, we are offering a very competitively priced RAVEN MTi mk1. Please contact your dealer for more information.
We will continue to update everyone as soon as we have news on this situation. On behalf of the team, I appreciate your patience and support.
- Steven Slate"
We are working to be back on track as soon as possible. Once I have information I can share I will post here
.
Thank you for your patience and support.
Kind Regards,
—
Trevor Fedele
Sales Administrator // Product Specialist
Slate Media Technology // Slate Digital LLC