When I asked folks to tell me what bit of PS Audio history they'd like to have me tell the story of, one of the most popular was that of how the Power Plant regenerator came into being.
In 1997, after 7 years together, Arnie Nudell and I split up to go our separate ways. Genesis Technologies was struggling and so too were Arnie and I. Let's just say we were two type A bulls locking horns too many times.
It had all started back in 1990 when I had sold PS Audio to Steve Jeffery and Randy Patton to move to Colorado and start Genesis Technologies with Arnie. 7 years later, at about the same time as Arnie and I were getting a divorce from each other, Steve and Randy were doing the same thing (must have been something in the Audiophile air).
The one remaining owner of PS Audio following Steve and Randy's breakup was Steve who had heard I was no longer at Genesis and called me asking if I wanted to repurchase PS Audio. His asking price? $1.00. Clearly, there was nothing left of the company but the name—still this was an amazingly generous act of kindness on the part of Steve (for which Terri and I have always been grateful).
Now jobless, living in Vail, Colorado with our four teenage sons, we were free from one company and eager to get started with revitalizing PS Audio. The company structure was simple. Terri ran the front end with all the accounting and sales while I ran the backend with building a website, designing the products, and getting them made. Just the two of us along with our subcontractor, my dear friend and colleague, Rick Cullen back in California.
Simple, clean, but with one big problem.
We had nothing to sell.
But, I had an idea.
