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Power Balance Bankruptcy?


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#1 quilt-n-golf gal

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Posted 21 November 2011 - 09:30 AM

Looks like the Arena will be needing a new sponsorship...
http://www.tmz.com/2...celets-lawsuit/

#2 nomad

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Posted 21 November 2011 - 09:43 AM

Looks like the Arena will be needing a new sponsorship...
http://www.tmz.com/2011/11/21/power-balance-bracelets-lawsuit/


Wow what a shock. You would have thought that the arena owners (or whoever made the deal with that bogus company) would have had the fore-sight to know that a company based on fraudulent jewelry probably isn't going to be the best long term investment.

Maybe they were just desperate to do a deal at that time.

#3 ducky

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Posted 21 November 2011 - 09:56 AM

Not shocked except at the lack of foresight, as Nomad pointed out.

Lasted about as long as those toning rocker-bottom shoes. Anybody remember "earth" shoes?

#4 folsom500

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Posted 21 November 2011 - 10:01 AM

Not shocked except at the lack of foresight, as Nomad pointed out.

Lasted about as long as those toning rocker-bottom shoes. Anybody remember "earth" shoes?


I am not surprised about Power Balance at all.

But Earth Shoes- They are still around and doing quite well ---- http://www.zappos.co...alesStyle/desc/

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#5 ducky

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Posted 21 November 2011 - 10:18 AM

I am not surprised about Power Balance at all.

But Earth Shoes- They are still around and doing quite well ---- http://www.zappos.co...alesStyle/desc/


Wow, I had no idea they were still making them. Those are a lot better looking than the ones from the '70s. Still wouldn't buy them. I just don't think it's a good idea to start messing with your gait.

Now, Zappos.com Pavilion would have been a smarter choice. Even if shoe fads like Vibrams, rocker bottoms, come and go, people always need shoes.

#6 SacDJ

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Posted 21 November 2011 - 09:18 PM

I read somewhere that the new name is "$500.00 Gas & Groceries Rebate Arena".

#7 stacycam

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Posted 21 November 2011 - 09:46 PM

I'm not too surprised about this news - especially considering I thought "Power Balance" was an energy drink and my husband thought it was protein bar! :lmaosmiley:

#8 Dave Burrell

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Posted 22 November 2011 - 08:12 AM

It's hilarious that people believed a cheesy bracelet would give them any powers whatsoever, the only thing it did was make their wallets slightly lighter.

This had to be the dumbest sponsorship I've ever seen for a venue. Maybe they should hit up Centerfolds next.... Posted Image

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#9 Darth Lefty

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Posted 22 November 2011 - 11:57 AM

I'm sure we can find some way to blame this on the strike. Or the strike on this.
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#10 eVader

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Posted 22 November 2011 - 09:07 PM

I thought it was an April Fools joke when they announced Power Balance was the new sponsor after Arco.

And Darth you are probably right on both. MBA strike certainly didn't help. Maybe they should have wrapped a few of those "power" bands around the NBA owners and players.

#11 Steve Heard

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Posted 23 November 2011 - 10:41 AM

I must be out of the loop. I thought they made vitamins bars.

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#12 Harold

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Posted 23 November 2011 - 10:55 AM

It's hilarious that people believed a cheesy bracelet would give them any powers whatsoever, the only thing it did was make their wallets slightly lighter.

This had to be the dumbest sponsorship I've ever seen for a venue. Maybe they should hit up Centerfolds next.... Posted Image

The world is full of idiots. And who was it that said "A fool and his money are soon parted"?
They got it right. Since the dawn of commerce, there are those shysters that will sell junk claiming miraculous properties and the masses of gullible suckers will buy their crap.

How's that other saying go "Buyer Beware"?

When the majority of a marketing campaign is "customer testimonials", I smell a scam and don't waste my money.
Where have all the flowers gone?
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#13 olivia

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Posted 23 November 2011 - 10:58 AM

Not shocked except at the lack of foresight, as Nomad pointed out.

Lasted about as long as those toning rocker-bottom shoes. Anybody remember "earth" shoes?

Loved my earth shoes...

#14 olivia

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Posted 23 November 2011 - 11:04 AM

It's hilarious that people believed a cheesy bracelet would give them any powers whatsoever, the only thing it did was make their wallets slightly lighter.

This had to be the dumbest sponsorship I've ever seen for a venue. Maybe they should hit up Centerfolds next.... Posted Image

You guys still don't get it....it was the round, little, metallic looking, magnetic sticker that was embedded In the bracelet that was the REAL magic (bean or potion or triangle or crystal or whatever).............. :lmaosmiley:

#15 Harold

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Posted 23 November 2011 - 11:20 AM

You guys still don't get it....it was the round, little, metallic looking, magnetic sticker that was embedded In the bracelet that was the REAL magic (bean or potion or triangle or crystal or whatever).............. :lmaosmiley:

I've got some swamp land in Nevada for sale,
Some dry desert land in Florida,
And some beautiful majestic mountains in Illinois if anyone is interested. :lmaosmiley:
Where have all the flowers gone?
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