I got a call from my husband. He asked me to look something up for him and told me there were 2 guys who were selling home theater systems for cheap. He gave me the brand name Paramax and a part number P-6040. He wanted to know what they were worth and perhaps we could buy them and resell them for a profit.
I couldn't find it in google products. I couldn't find it in google at all. I searched for paramax but only got results for panamax. Then the guy gave him a web address to give to me. www.paramaxaudio.com.
I loaded the page and it looked fine at first glance. But that part number wasn't on their website. The guy told him it was a brand new product and was just like this other p-510 that was listed on the site for MSRP $3199. There was another part number, p-6 with an MSRP $2199. We could have them both for $600 each. They showed a magazine or catalog that looked legit enough, and used that to justify their price. The boxes were sealed with tape that had the brand printed on it. It all looked good in the moment.
I said we could spare the money for a while and go ahead.
Something still seemed odd though. I couldn't find that part number anywhere online. So I looked on ebay to find all sorts of completed listings with unsold products. There was a p-510 that sold for $200 once, and there were many other items with 16-25 bids only going up to between $110-$160.
I called my husband back immediately and said we couldn't make any money off them. He told the guys they weren't worth anything to us and they were p***ed.
Upon further research, I noticed that there was no phone number on the website, only a fax number.
I googled the address listed on the website and got an arial view of the building. I couldn't find a spot on that building that matched the picture of the warehouse on the paramaxaudio website. The business listings for that complex do not include paramax audio or theater research inc.
I went to the internic whois page and paramaxaudio.com was created in july of 2008 and was registered to T R theater research inc.
I googled T R Theater Research Inc and found www.trtheaterresearch.com, which is a website selling similar products at similar prices. Neither of those web pages impress me as being truely professional, btw. Looking further at the websites, there is a lot of information missing, a lot of blank "coming soon" pages, and some technical errors in coding that I noticed...
trthearerresearch.com was created in 2002.
I figured if they were incorporated it would be on public record. I went to the california secretary of state and there is a T R Theater Research Inc active and incorporated since 2002.
You can find that public record here: http://kepler.sos.ca.gov/corpdata/ShowAllList?QueryCorpNumber=C2398443
I also found a rather long discussion about these products on ecoustics.com where many many members are claiming the product is horrible and the "salespeople" are classic scammers. You can read the discussion here: http://forum.ecoustics.com/bbs/messages/3/76993.html
The reason I am posting this ripoffreport is because it appears to me that T R Theater Research Inc has gotten a strong reputation for selling a horrible product and scamming consumers in parking lots. The name appears to be exhausted, and it also appears that they are trying to continue doing the same thing under this new name, paramax audio. There is an undeniable link between the two company names. Also, it is probably no coincidence that the paramax name is one character different from an actual reputable audio brand.
I couldn't find any information online about paramax audio to make an educated decision in a timely manner, and I think that the name needs to bring this page up when googled. Too many people have overpaid for a cheap product, and I know that they will just change their name again. But in the mean time, I hope that someone will read this and be informed enough to keep their money from being taken.