See below quote from Mike Urich in a 2012/13 thread:
Quote Delete 3
May 24 2013 9:24AM MikeUrich
Karma : 47029
If anyone is still following this thread, here is what happened. You all can say how poorly they ran things, how dumb it was to do this and to do that but actually that isn't it at all. The owners wife divorced him. She had a big part in the company. Along with the owner his wife had a lot of money into Klint. As part of the divorce she totally removed herself from the company and took a good chunk of the funding away from the company. The owner all of a sudden lost a lot of financial support so that forced him to stop paying riders at the start of the new year, 2013. All riders got their payments for 2012. They treated their riders with respect, I know cause I was one. They also had the best product I have ever skied. There is the scoop on "What happened to Klint skis." It also goes hand in hand that it was in fact a terrible winter and ski sales for all companies were down from average. Basically.. shit happened. You can't predict something like this.