Why would the inventory be junk ? Buy @.20 on the $$ , stock them up and sell as NOS when market rebounds ..
Depending on what source you believe, there is 7+ YEARS of inventory left to sell through.
That was
before they lost their US distributor, German Distributor and several other distributors so in essence they have no one actually selling the gear any longer. Some industry people are claiming that makes it effectively a near infinite supply on hand with no one actually able to sell or support it and there being near zero demand for the product (people-in-the-know are claiming they were at about 1/30 of their previous sell through rates
before they lost all the distribution). No one wants to buy the Chi-noy stuff at almost (figuratively) any price no matter how low.
To put it in numbers - last year when they had a new aggressive distributor, they sold less than one Ferrari's worth of product in the USA.
Over the course of time the value of the vintage Tannoy will continue to climb, and the storage costs associated for holding inventory that by some previous distributor claims have close to a 50% problem rate, a brand that has virtually no marketing behind it, and virtually no support for issues or repairs with the Chi-noy versions, will be more than you'd ever be able to sell them for.
And on top of that Fyne and other legendary brands similar to Tannoy that are relaunching will most likely effectively kill and of thwart what tiny desire there ever was for new-Tannoy.
Anything is possible for sure. But this was a self-made implosion due to arrogance, ego and pure stupidity.
Based on what's been happening I wouldn't even offer them 5 cents on the dollar for the inventory.