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Here is a copy i received today from one of the trade magazines. I thought it may be of interest to any investers out there? I would stay well clear of it myself.....
Fender has announced that it is to float on the US Stock Exchange in a $200m initial public offering.
"The Fender brand in particular is closely associated with the birth of rock 'n roll and has a strong legacy in music and in popular culture," the company said in a filing with the Securities and Exchange Commission.
The firm has been through several owners before its push to the public markets. In 1965, Leo Fender sold the company to broadcaster CBS, which sold it to an investor group 20 years later. Private equity firm Weston Presidio now owns 43 per cent of Fender. Its distributor in Japan, Yamano Music, holds the second largest stake with 14 per cent of the company.
The IPO will help the company pay down its debt load of $246.2m. Fender said it plans to use about $100 million of the IPO proceeds to repay debt, with money left over for working capital.
The company plans to trade the shares under the "FNDR" symbol on the Nasdaq, but didn't say how many shares the company and its shareholders intend to sell or set a price target on its stock. There's also no timeline yet on when it plans to go public.
The firm posted net income of $3.2 million in 2011, from a net loss of $17.3 million the year before. Revenue grew 13 per cent to $700.6 million from $617.8 million.
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Since October last year i have been working on building a bass guitar, it's nearly there.
Here are some pics
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Merry Christmas and a Happy New Year....
From all at Kinellar Guitar Studios and Gj Guitars.
cheers
Graeme
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Well I've been up to my neck for the past 3 months, along with being hounded by the "wife" for working too much, sometimes through the night when i couldnt sleep, and what have i got to show for it?
Here goes
I made a 3/4 electric guitar (from parts) for my eldest grandson Owen, now aged 9 will start after the new year with proper guitar lessons. Hopefully when he grows up he can be just as bad a player as his Gramps. He said on Sunday it was the best day of his life !!! "again".
I haven't got any closer to finishing my "SG" copy, but Hopefully by the end of January will have done so. To date it has a mahogany neck and body with a stained rosewood neck. It hasent been fully finished yet and still needs lacquared. White dots are in the side of the neck but i thought i would leave the finger board blank.
I started on 2 Les Paul models, 1 of which i got back from a mate who painted it for me. It looks not bad at all. I have started to re-assemble all the bits again but think i might up grade even more from the origional hardware i routed for etc. Both are Mahogany with maple tops, this one being flamed, the other is plain. It took a lot of buffing to get this shiny. The other is in bits still waiting for glueing.
Also a Tele shape finished in see thru green. I am trying an experiment with this one by fitting a "Bigsby" style trem to it. If it works then there will be a few of these done, as Sinatra said, my way...
Lastly a "Jazz" style bass guitar. A few customers have asked "Where is all your basses?" well here goes. It has an Alder body with 2 pickups, maple with rosewood neck and chrome hardware. Pics to follow.
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Kinellar Guitar Studios have become strip sponsors of Shedocksly Boys Junior team. It's always great to be part of a community and I hope together we will have a long partnership. I really like the way the football academy teach their players, as it's not always scoring goals etc. it's all about discipline and friendship as a team. Good on you......
I have added some photos of the shirts etc. Unfortunately one player was off on holidays when the kits arrived so hopefully I will get a complete team photo soon.


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I recently had an old Epiphone LP in for amongst other things a missing inlay in the neck.
I took some photos as i did the work and hope it may be of help to others trying to do this sort of repair.

The offending hole

1st cut on the new Mother of Pearl insert

After making an outline of the shape on paper, i transfered it to the inlay.

The slab is now shaped to the outline, packing is added to the hole so the inlay protrudes approx 0.5mm above the fretboard, A mixture of coloured filler and wood glue is prepaired.

The new inlay is fitted, glued and leveled into place. All it needs now is the fretboard to be rewaxed, strings fitted and a complete setup.

Job done and another happy customer.
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Hi all,
I actually remembered to take some photos while doing a repair.
Here is a Gibson SG 2010 that had a little accident whith the floor.
I have added photos from the first to present and will update.
1, The guitar with the damage.

2, First thing to do, after checking it would repair, was to remove the damaged overlay on the headstock. A few choice French words were used as this took over an hour.

3, Remove the overlay from the front then clean up splinters and surfaces ready for glueing.

4, Once again i forgot to take photos, but the neck is now glued, pinned and starting to be filled.
5, Filled and rubbed down.
6, New overlay is tried, customer had purchased the wrong one so as you can see loads of cutting to come.
7, Getting there.
8, Done, just final shaping to do after it has been fitted to the headstock.
9, Glue applied.
10, All clamped up. Now i have to wait 5/ 6 days for glue to set before final shaping.
Repairs like this need not spend lots of hours on fixing etc. but the time between each process can be days if not weeks.

11, Removed all the clamps etc. and filed up the edges before staining.

12, Took 4 attempts to get clostest to the original colour. It's still not quite there but hopefully with another 12 coats or so, rubbing and blending each coat it may be quite close.
Next blog entry should be about 2 weeks.

Paint finish now hardened. Time to fit the machineheads, a set of strings and complete set up.
Ta Da.
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Hi Graeme
Just a note to say thanks for the set up you did on my american strat...it even stays in tune when I use the trem bar ...feels brand new...cheers
Ian
01/02/2012
Graeme,
I just want to say that the job you have done on that ELP is absolutely outstanding. That guitar plays like a dream now, absolutely brilliant.
You should change your name to Merlin my friend....
Thanks again.
--
Regards,
Maurice
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Wow ...
I have been trying to update the site to give it a fresh lick of paint if you like.
Unfortunately I do not know how this stuff works.
Does it look ok?
Is everything opening?
Please feel free to comment on or send me an email regarding the site.
thanks
Graeme
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Hey Graeme,
Just played my stratocaster. Words cannot describe how pleased i am with it.
Plays better than i thought it would and heck i even say it better than i expected, I thought the holes would be just flat wood and not painted over but you havent dissapointed belive me that.
Shall deffinately be using you again...
All the best
Liam
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Hi all,
During now and the end of August there is a 10% discount on labour with all setups.
Why not give me a call and treat your instrument to it's yearly service.
cheers
Graeme
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Hi there,
Why not send me some pictures of your guitars & gear.
I will put them in a members album on the site.
Remember to name them etc.
Cheers
Graeme
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Hi Graeme,
Just a quick note to say thanks for setting up my Tanglewood and Strat.
A word about the Tanglewood...Bought it from a local shop who retrofitted a pickup. Was never the same guitar... I bought it because it sang!
Had been back to get it serviced. Still not happy... weeping even.
Enter Graeme... picked the guitar up today and it had become the guitar I remembered when I first played it. Needed a 'bit of work' to fulfil its potential but it is truly singing again.. and me... I'm weeping again, but this time with joy! Thanks Graeme.
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It is fantastic that some of the former employees of Bruce Millers will find new jobs at Union Square.
Good Luck to all
Graeme
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Don't forget to have a look at my sub site for Gj guitars.
Made in Scotland from wood..........