Re: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Robert Doc Wright 
the biggest difference is that you don't get burned with the Instant Pot you 
take a grave chance the old fashion way. You also don't have to monitor the 
pressure like you do the old way.
  - Original Message - 
  From: Sieghard Weitzel 
  To: viphone@googlegroups.com 
  Sent: Wednesday, June 14, 2023 11:44 AM
  Subject: RE: Enjoy your Instant Pot while it lasts - the company has filed 
for bankruptsy


  Yes, what you say is exactly true, it is an electric pressure cooker, but 
unlike the stove top models which have been around forever, it was market as 
something completely new and revolutionary with all the different programs and 
basically it was a reinvention of the wheel. But of course we see this with 
many "smart" technologies, I mean how long have light switches been around? How 
about wall outlets or light bulbs? The answer is for a very long time, but now 
they add Wi-Fi connectivity and make it sound like it's the latest new 
invention.

   

  From: viphone@googlegroups.com  On Behalf Of alia 
robinson
  Sent: Wednesday, June 14, 2023 3:55 AM
  To: viphone@googlegroups.com
  Subject: Re: Enjoy your Instant Pot while it lasts - the company has filed 
for bankruptsy

   

  all the instant pot is is an electric pressure cooker. you are still making 
things from scratch. people have been cooking under pressure for ever. it was 
easy convenient, and quick, and you get perfect rice everytime. it might not be 
branded “instant pot” but these devices are going nowhere, and I’m glad for it. 

   

  Alia





On Jun 14, 2023, at 2:39 AM, Sieghard Weitzel  wrote:

 

I know many on the list bought into the Instant Pot craze about 4 or 5 
years ago, I kept considering it and was waitiand waiting for the new Smart 
model (not the Bluetooth one) to come out and to be available for a reasonable 
price here in Canada. At one point it was somewhat reasonable, but I thought it 
would go on sale again and then it didn't and then it seemed to disappear. Now 
I just came across an article on CBC News about Instant Brands which apparently 
came into existance when Instant Pot and Corelle Brands merged, another 
rwell-known brand which  is part of that company's port folio isPyrex cookware. 
In the article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

 

Instant Brands, maker of Instant Pot and Pyrex cookware, files for 
bankruptcy | CBC News

 

 

Best regards,

Sieghard

 

 

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RE: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Sieghard Weitzel 
Yes, what you say is exactly true, it is an electric pressure cooker, but 
unlike the stove top models which have been around forever, it was market as 
something completely new and revolutionary with all the different programs and 
basically it was a reinvention of the wheel. But of course we see this with 
many "smart" technologies, I mean how long have light switches been around? How 
about wall outlets or light bulbs? The answer is for a very long time, but now 
they add Wi-Fi connectivity and make it sound like it's the latest new 
invention.

From: viphone@googlegroups.com  On Behalf Of alia 
robinson
Sent: Wednesday, June 14, 2023 3:55 AM
To: viphone@googlegroups.com
Subject: Re: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

all the instant pot is is an electric pressure cooker. you are still making 
things from scratch. people have been cooking under pressure for ever. it was 
easy convenient, and quick, and you get perfect rice everytime. it might not be 
branded “instant pot” but these devices are going nowhere, and I’m glad for it.

Alia


On Jun 14, 2023, at 2:39 AM, Sieghard Weitzel  wrote:

I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio isPyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy | 
CBC News<https://www.cbc.ca/news/business/instant-brands-bankruptcy-1.6874487>


Best regards,
Sieghard


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RE: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Sieghard Weitzel 
That is true, but some key facts from the article are:

In court filings, the company says it generated operating cash flows of just 
$17.9 million US in the first three months of the year. That relatively meagre 
figure is a sharp contrast to the more than $500 million US worth of debt on 
its books.
So, if they have similar revenues for the rest of the year this means they will 
make 71.6 Million in sales and even if there is a bump in the second half of 
the year due to higher sales around Black FRiday, Christmas and so on, they are 
paying almost 50 Million in interest given the current interest rates.

The company says it has lined up more than $133 million in funding to cover 
expenses such as employee salaries and benefits, pension obligations, paying 
suppliers and other obligations while it tries to restructure.
That means whatever is left after paying interest will not go too far to cover 
salaries and operating costs.

S&P downgraded the company last week and warned that "absent external funding 
or debt relief, we anticipate Instant Brands will face a liquidity shortfall 
over the near term."
Snyder says the company is trying to buy time to come up with a solution that 
will let them continue to operate, but "it's really up to the creditor at this 
point because of the size of the debt, whether they are going to let them 
continue to fund losses."
"They took on too much debt and now you have a company that was moderately 
profitable now underwater because of the debt load," he said. "That's a tale as 
old as time."
He says he wouldn't be surprised to see the company be forced to liquidate.

Market research firm Circana says the product category of "electronic 
multicooker devices" which is dominated by Instant Pot, hit $758 million 
worldwide in 2020.
By 2022, industry-wide sales had plunged 50 per cent to $344 million.

This last bit about the 50% drop in sales for these types of devices in just 2 
years to me is a pretty clear trend which shows the short-lived nature of such 
devices, in some ways such companies live and die through Amazon wjhere the 
majority of the product is sold and where the hipe about it is generated.

From: viphone@googlegroups.com  On Behalf Of Mary 
Otten
Sent: Wednesday, June 14, 2023 9:18 AM
To: viphone@googlegroups.com
Subject: Re: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

It’s important to recognize the difference between the two different kinds of 
bankruptcy filings. Instant filed under Chapter 11, which means they are trying 
to re-organize, not just go out of business. Apparently they do have a 
financing group ready to infuse more money into their business, but it Hass to 
be approved by whoever it is that is in charge of bankruptcies. So it may still 
be around after re-organization, or it could go away via the chapter 7 
bankruptcy, in which case, it is in fact gone.

Sent from my iPhone


On Jun 13, 2023, at 11:40 PM, Sieghard Weitzel 
mailto:siegh...@live.ca>> wrote:

I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio is Pyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy | 
CBC News<https://www.cbc.ca/news/business/instant-brands-bankruptcy-1.6874487>


Best regards,
Sieghard

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RE: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Richard Turner 
Here is a quote from the article that Feliciano sent:

"The company’s sales of “electronic multicooker devices,” which primarily 
includes Instant Pots, reached $758 million in 2020, the start of the pandemic.
Since last year sales for those products Link ‑ plunged 50% to $344 million, 
according to the Verge."

 

 

 

 

 

Richard, USA.

“Reality is the leading cause of stress for those who are in touch with it.”  
--  Jane Wagner from The Search for Intelligent Life in the Universe

 

My web site: https://www.turner42.com

 

From: viphone@googlegroups.com  On Behalf Of 
Feliciano Godoy
Sent: Wednesday, June 14, 2023 10:20 AM
To: viphone@googlegroups.com
Subject: Re: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

 

I agree. They filed for chapter 11 bankruptcy. I quote 

 

The bankruptcy process will not impact the ability to purchase products as 
Instant Brand will operate as usual with the help of $132.5 million in new 
financing.


  

 



 
<https://www.usatoday.com/story/money/2023/06/13/instant-pot-bankruptcy-filing/70319220007/>
 Instant Pot & Pyrex parent company files for bankruptcy after year of cold 
sales

 
<https://www.usatoday.com/story/money/2023/06/13/instant-pot-bankruptcy-filing/70319220007/>
 usatoday.com

 

Feliciano 

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do. -Steve Jobs 





On Jun 14, 2023, at 9:18 AM, Mary Otten mailto:motte...@gmail.com> > wrote:

 

It’s important to recognize the difference between the two different kinds of 
bankruptcy filings. Instant filed under Chapter 11, which means they are trying 
to re-organize, not just go out of business. Apparently they do have a 
financing group ready to infuse more money into their business, but it Hass to 
be approved by whoever it is that is in charge of bankruptcies. So it may still 
be around after re-organization, or it could go away via the chapter 7 
bankruptcy, in which case, it is in fact gone.

 

Sent from my iPhone





On Jun 13, 2023, at 11:40 PM, Sieghard Weitzel mailto:siegh...@live.ca> > wrote:

 

I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio is Pyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

 

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy | 
CBC News <https://www.cbc.ca/news/business/instant-brands-bankruptcy-1.6874487> 

 

 

Best regards,

Sieghard

 

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RE: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Sieghard Weitzel 
Definitely there are other options and some have been discussed on here,. One I 
believe was from a company called Cosori, but many exist from well-known brands 
like T-Fal, Breville and others.
My article was simply meant as an interest read for those who have Instant Pots 
and have an interest in this sort of device.
Checking on Amazon Canada I actually now again saw the Instant Pot Smart Cooker 
being offered for $199 which is a pretty good price, but I think I still pass 
especially knowing that the company may go under; then who knows what happens 
to the app and all that. In any case, I have a feeling for us it would simply 
be an expensive rice cooker and I have had one which works perfectly fine for 
probably 10 years or more and all I have to do to start rice cooking is press a 
single button.
Stove top pressure cookers have been around for a long time, I am 56 and I 
remember that my Mom had a stove top pressure cooker when I was a child so 
probably at least 45 or maybe 50 years ago back in Germany. Of course it didn't 
have fancy programs for this and that, but it still did the same thing. It 
almost seems to me like these pressure cookers are now a little bit what bread 
makers were in the late 90's. They were all the craze then and while they of 
course still exist and some people may use them, they certainly aren't as 
popular now as they were 25 years ago and I bet in the year 2043 one could say 
the same thing about the popularity of the Instant Pot in 2019 to 2021.

From: viphone@googlegroups.com  On Behalf Of Richard 
Turner
Sent: Wednesday, June 14, 2023 9:22 AM
To: viphone@googlegroups.com
Subject: RE: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

I am not a user of the Insta pot or any other pressure cooker.
However, I did a quick duckduckgo.com search for Smart Pressure Cooker and 
found one by Chef IQ at Amazon.  Regular price $200, with the 20% off coupon on 
the site it is $160.

I know nothing else or if the app is accessible, but just offer this as a 
confirmation that other smart pressure cookers exist.
https://www.amazon.com/CHEF-Worlds-Smartest-Pressure-Cooker/dp/B0863JB424




Richard, USA.
“Reality is the leading cause of stress for those who are in touch with it.”  
--  Jane Wagner from The Search for Intelligent Life in the Universe

My web site: https://www.turner42.com

From: viphone@googlegroups.com  On Behalf Of 
Cristóbal Muñoz
Sent: Wednesday, June 14, 2023 9:09 AM
To: viphone@googlegroups.com
Subject: RE: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

I’ve had my Bluetooth IP for eight or so years now. I always expected it to 
last longer than the supported app and for a while, that seemed to be the case 
until I guess enough people complained about the situation where they put out 
an app update. I suppose now we’ll see how long the Bluetooth app continues to 
function. Although, Fresco which also supports “smart” appliances including 
Instant Pot is still going strong, so maybe that’ll be an option for WiFi model 
owners… Who knows, maybe the API will end up being open source too…
I don’t’ know about “traditional” and all. I mean, use the tools available to 
you. It’s basically a pressure cooker and what’s untraditional about that? I 
still use my IP all the time. I expect I’ll just have to mark up the buttons 
when the app finally gives up the ghost, but it’s not like it’s going to or 
should keel  over any time soon. Bummer they’re going belly up though. I 
haven’t really paid attention since I have no need for one, but I’m guessing 
there are other smart options similar to what the IP does out there by now.

Cristóbal

From: viphone@googlegroups.com<mailto:viphone@googlegroups.com> 
mailto:viphone@googlegroups.com>> On Behalf Of 
Sieghard Weitzel
Sent: Tuesday, June 13, 2023 11:40 PM
To: viphone@googlegroups.com<mailto:viphone@googlegroups.com>
Subject: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio is Pyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
co

Re: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Feliciano Godoy 
I agree. They filed for chapter 11 bankruptcy. I quote

The bankruptcy process will not impact the ability to purchase products as 
Instant Brand will operate as usual with the help of $132.5 million in new 
financing.


[702ce24f-1d23-4902-9605-d134374e857b-USATSI_11711962_168394671_lowres.jpg]
Instant Pot & Pyrex parent company files for bankruptcy after year of cold 
sales
usatoday.com

Feliciano
For tech tips and updates:
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do. -Steve Jobs

On Jun 14, 2023, at 9:18 AM, Mary Otten  wrote:


It’s important to recognize the difference between the two different kinds of 
bankruptcy filings. Instant filed under Chapter 11, which means they are trying 
to re-organize, not just go out of business. Apparently they do have a 
financing group ready to infuse more money into their business, but it Hass to 
be approved by whoever it is that is in charge of bankruptcies. So it may still 
be around after re-organization, or it could go away via the chapter 7 
bankruptcy, in which case, it is in fact gone.


Sent from my iPhone

On Jun 13, 2023, at 11:40 PM, Sieghard Weitzel  wrote:


I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio is Pyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy | 
CBC News


Best regards,
Sieghard


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RE: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Richard Turner 
I am not a user of the Insta pot or any other pressure cooker.

However, I did a quick duckduckgo.com search for Smart Pressure Cooker and 
found one by Chef IQ at Amazon.  Regular price $200, with the 20% off coupon on 
the site it is $160.

 

I know nothing else or if the app is accessible, but just offer this as a 
confirmation that other smart pressure cookers exist.

https://www.amazon.com/CHEF-Worlds-Smartest-Pressure-Cooker/dp/B0863JB424

 

 

 

 

Richard, USA.

“Reality is the leading cause of stress for those who are in touch with it.”  
--  Jane Wagner from The Search for Intelligent Life in the Universe

 

My web site: https://www.turner42.com

 

From: viphone@googlegroups.com  On Behalf Of 
Cristóbal Muñoz
Sent: Wednesday, June 14, 2023 9:09 AM
To: viphone@googlegroups.com
Subject: RE: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

 

I’ve had my Bluetooth IP for eight or so years now. I always expected it to 
last longer than the supported app and for a while, that seemed to be the case 
until I guess enough people complained about the situation where they put out 
an app update. I suppose now we’ll see how long the Bluetooth app continues to 
function. Although, Fresco which also supports “smart” appliances including 
Instant Pot is still going strong, so maybe that’ll be an option for WiFi model 
owners… Who knows, maybe the API will end up being open source too…

I don’t’ know about “traditional” and all. I mean, use the tools available to 
you. It’s basically a pressure cooker and what’s untraditional about that? I 
still use my IP all the time. I expect I’ll just have to mark up the buttons 
when the app finally gives up the ghost, but it’s not like it’s going to or 
should keel  over any time soon. Bummer they’re going belly up though. I 
haven’t really paid attention since I have no need for one, but I’m guessing 
there are other smart options similar to what the IP does out there by now. 

 

Cristóbal

 

From: viphone@googlegroups.com <mailto:viphone@googlegroups.com>  
mailto:viphone@googlegroups.com> > On Behalf Of 
Sieghard Weitzel
Sent: Tuesday, June 13, 2023 11:40 PM
To: viphone@googlegroups.com <mailto:viphone@googlegroups.com> 
Subject: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

 

I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio is Pyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

 

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy | 
CBC News <https://www.cbc.ca/news/business/instant-brands-bankruptcy-1.6874487> 

 

 

Best regards,

Sieghard

 

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Re: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Mary Otten 
It’s important to recognize the difference between the two different kinds of bankruptcy filings. Instant filed under Chapter 11, which means they are trying to re-organize, not just go out of business. Apparently they do have a financing group ready to infuse more money into their business, but it Hass to be approved by whoever it is that is in charge of bankruptcies. So it may still be around after re-organization, or it could go away via the chapter 7 bankruptcy, in which case, it is in fact gone.Sent from my iPhoneOn Jun 13, 2023, at 11:40 PM, Sieghard Weitzel  wrote:







I know many on the list bought into the Instant Pot craze about 4 or 5 years ago, I kept considering it and was waitiand waiting for the new Smart model (not the Bluetooth one) to come out and to be available for a reasonable
 price here in Canada. At one point it was somewhat reasonable, but I thought it would go on sale again and then it didn't and then it seemed to disappear. Now I just came across an article on CBC News about Instant Brands which apparently came into existance
 when Instant Pot and Corelle Brands merged, another rwell-known brand which  is part of that company's port folio is
Pyrex cookware. In the article it says that Instant Brands has gone into Chapter 11 bankruptsy protection and that the assets of the company may be
 liquidated. Of course it is quite possible that maybe some other outfit picks up some or all of the pieces although I believe the era of the Instant Pot and similar all-in-one cooking appliances has passed and was nothing more than a fad. In the end I am glad
 I didn't get one of these gadgets as I actually do like cooking according to more traditional methods making things from scratch and with local ingredients including those we grow in our own garden in the summer and fall. . For anybody who is interested, here
 is a link to the article:
 
Instant Brands, maker of Instant Pot and Pyrex cookware,
 files for bankruptcy | CBC News
 
 
Best regards,
Sieghard
 






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RE: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Cristóbal Muñoz 
I’ve had my Bluetooth IP for eight or so years now. I always expected it to 
last longer than the supported app and for a while, that seemed to be the case 
until I guess enough people complained about the situation where they put out 
an app update. I suppose now we’ll see how long the Bluetooth app continues to 
function. Although, Fresco which also supports “smart” appliances including 
Instant Pot is still going strong, so maybe that’ll be an option for WiFi model 
owners… Who knows, maybe the API will end up being open source too…

I don’t’ know about “traditional” and all. I mean, use the tools available to 
you. It’s basically a pressure cooker and what’s untraditional about that? I 
still use my IP all the time. I expect I’ll just have to mark up the buttons 
when the app finally gives up the ghost, but it’s not like it’s going to or 
should keel  over any time soon. Bummer they’re going belly up though. I 
haven’t really paid attention since I have no need for one, but I’m guessing 
there are other smart options similar to what the IP does out there by now. 

 

Cristóbal

 

From: viphone@googlegroups.com  On Behalf Of Sieghard 
Weitzel
Sent: Tuesday, June 13, 2023 11:40 PM
To: viphone@googlegroups.com
Subject: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy

 

I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio is Pyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

 

Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy | 
CBC News  

 

 

Best regards,

Sieghard

 

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Re: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread lenron brown 
Hm they will be around for a while. Instant pots are great for quick
meals or large families.

On 6/14/23, alia robinson  wrote:
> it’s not really a craze. there have been rice cookers, pressure cookers, and
> slow cookers forever. this just combines them, and does it well, imo.
>
> Alia
>
>> On Jun 14, 2023, at 6:07 AM, Robert Doc Wright 
>> wrote:
>>
>> mine is still going strong after four years. I have the Instant Pot Dual
>> crisp.
>>> - Original Message -
>>> From: Sieghard Weitzel 
>>> To: viphone@googlegroups.com 
>>> Sent: Wednesday, June 14, 2023 12:39 AM
>>> Subject: Enjoy your Instant Pot while it lasts - the company has filed
>>> for bankruptsy
>>>
>>> I know many on the list bought into the Instant Pot craze about 4 or 5
>>> years ago, I kept considering it and was waitiand waiting for the new
>>> Smart model (not the Bluetooth one) to come out and to be available for a
>>> reasonable price here in Canada. At one point it was somewhat reasonable,
>>> but I thought it would go on sale again and then it didn't and then it
>>> seemed to disappear. Now I just came across an article on CBC News about
>>> Instant Brands which apparently came into existance when Instant Pot and
>>> Corelle Brands merged, another rwell-known brand which  is part of that
>>> company's port folio is Pyrex cookware. In the article it says that
>>> Instant Brands has gone into Chapter 11 bankruptsy protection and that
>>> the assets of the company may be liquidated. Of course it is quite
>>> possible that maybe some other outfit picks up some or all of the pieces
>>> although I believe the era of the Instant Pot and similar all-in-one
>>> cooking appliances has passed and was nothing more than a fad. In the end
>>> I am glad I didn't get one of these gadgets as I actually do like cooking
>>> according to more traditional methods making things from scratch and with
>>> local ingredients including those we grow in our own garden in the summer
>>> and fall. . For anybody who is interested, here is a link to the
>>> article:
>>>
>>> Instant Brands, maker of Instant Pot and Pyrex cookware, files for
>>> bankruptcy | CBC News
>>> 
>>>
>>>
>>> Best regards,
>>> Sieghard
>>>
>>>
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Re: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread alia robinson 
it’s not really a craze. there have been rice cookers, pressure cookers, and 
slow cookers forever. this just combines them, and does it well, imo. 

Alia

> On Jun 14, 2023, at 6:07 AM, Robert Doc Wright  
> wrote:
> 
> mine is still going strong after four years. I have the Instant Pot Dual 
> crisp. 
>> - Original Message - 
>> From: Sieghard Weitzel 
>> To: viphone@googlegroups.com 
>> Sent: Wednesday, June 14, 2023 12:39 AM
>> Subject: Enjoy your Instant Pot while it lasts - the company has filed for 
>> bankruptsy
>> 
>> I know many on the list bought into the Instant Pot craze about 4 or 5 years 
>> ago, I kept considering it and was waitiand waiting for the new Smart model 
>> (not the Bluetooth one) to come out and to be available for a reasonable 
>> price here in Canada. At one point it was somewhat reasonable, but I thought 
>> it would go on sale again and then it didn't and then it seemed to 
>> disappear. Now I just came across an article on CBC News about Instant 
>> Brands which apparently came into existance when Instant Pot and Corelle 
>> Brands merged, another rwell-known brand which  is part of that company's 
>> port folio is Pyrex cookware. In the article it says that Instant Brands has 
>> gone into Chapter 11 bankruptsy protection and that the assets of the 
>> company may be liquidated. Of course it is quite possible that maybe some 
>> other outfit picks up some or all of the pieces although I believe the era 
>> of the Instant Pot and similar all-in-one cooking appliances has passed and 
>> was nothing more than a fad. In the end I am glad I didn't get one of these 
>> gadgets as I actually do like cooking according to more traditional methods 
>> making things from scratch and with local ingredients including those we 
>> grow in our own garden in the summer and fall. . For anybody who is 
>> interested, here is a link to the article:
>>  
>> Instant Brands, maker of Instant Pot and Pyrex cookware, files for 
>> bankruptcy | CBC News 
>> 
>>  
>>  
>> Best regards,
>> Sieghard
>>  
>> 
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Re: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread alia robinson 
all the instant pot is is an electric pressure cooker. you are still making 
things from scratch. people have been cooking under pressure for ever. it was 
easy convenient, and quick, and you get perfect rice everytime. it might not be 
branded “instant pot” but these devices are going nowhere, and I’m glad for it. 

Alia

> On Jun 14, 2023, at 2:39 AM, Sieghard Weitzel  wrote:
> 
> I know many on the list bought into the Instant Pot craze about 4 or 5 years 
> ago, I kept considering it and was waitiand waiting for the new Smart model 
> (not the Bluetooth one) to come out and to be available for a reasonable 
> price here in Canada. At one point it was somewhat reasonable, but I thought 
> it would go on sale again and then it didn't and then it seemed to disappear. 
> Now I just came across an article on CBC News about Instant Brands which 
> apparently came into existance when Instant Pot and Corelle Brands merged, 
> another rwell-known brand which  is part of that company's port folio isPyrex 
> cookware. In the article it says that Instant Brands has gone into Chapter 11 
> bankruptsy protection and that the assets of the company may be liquidated. 
> Of course it is quite possible that maybe some other outfit picks up some or 
> all of the pieces although I believe the era of the Instant Pot and similar 
> all-in-one cooking appliances has passed and was nothing more than a fad. In 
> the end I am glad I didn't get one of these gadgets as I actually do like 
> cooking according to more traditional methods making things from scratch and 
> with local ingredients including those we grow in our own garden in the 
> summer and fall. . For anybody who is interested, here is a link to the 
> article:
>  
> Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy 
> | CBC News 
> 
>  
>  
> Best regards,
> Sieghard
>  
> 
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Re: Enjoy your Instant Pot while it lasts - the company has filed for bankruptsy

2023-06-14 Thread Robert Doc Wright 
mine is still going strong after four years. I have the Instant Pot Dual crisp. 
  - Original Message - 
  From: Sieghard Weitzel 
  To: viphone@googlegroups.com 
  Sent: Wednesday, June 14, 2023 12:39 AM
  Subject: Enjoy your Instant Pot while it lasts - the company has filed for 
bankruptsy


  I know many on the list bought into the Instant Pot craze about 4 or 5 years 
ago, I kept considering it and was waitiand waiting for the new Smart model 
(not the Bluetooth one) to come out and to be available for a reasonable price 
here in Canada. At one point it was somewhat reasonable, but I thought it would 
go on sale again and then it didn't and then it seemed to disappear. Now I just 
came across an article on CBC News about Instant Brands which apparently came 
into existance when Instant Pot and Corelle Brands merged, another rwell-known 
brand which  is part of that company's port folio is Pyrex cookware. In the 
article it says that Instant Brands has gone into Chapter 11 bankruptsy 
protection and that the assets of the company may be liquidated. Of course it 
is quite possible that maybe some other outfit picks up some or all of the 
pieces although I believe the era of the Instant Pot and similar all-in-one 
cooking appliances has passed and was nothing more than a fad. In the end I am 
glad I didn't get one of these gadgets as I actually do like cooking according 
to more traditional methods making things from scratch and with local 
ingredients including those we grow in our own garden in the summer and fall. . 
For anybody who is interested, here is a link to the article:

   

  Instant Brands, maker of Instant Pot and Pyrex cookware, files for bankruptcy 
| CBC News

   

   

  Best regards,

  Sieghard

   


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Your V iPhone list moderator is Mark Taylor.  Mark can be reached at:  
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caraqu...@caraquinn.com

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