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The Story of Compass Electronics.........

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  • The Story of Compass Electronics.........

    I wrote this story, years ago! Long before the present attempt to resurrect the old Compass Electronics Corp, as I was one of its metal detector retail stores. Yes, I loved Compass Metal Detectors. I used them as well, up in the Colorado mountains. Man of man did I find a lot of vintage relics, vintage coins, vintage jewelry. They went out of business after the fire at the Compass Electronics plant. John Goss, bought the inventory and the name, tried to keep it afloat, but the cost of parts in quantity, and his wife got sick, it was pretty hard for John Goss to keep it running.I cannot blame John Goss, as I kind of went through the same thing. But my story was a bit different. Not going into my story or John's story either. I am going to post my story Book about Compass Electronics. There is a story song, "I DID IT MY WAY"! Well, I did the book my way as well. Here it is, for you persons who want to read a 76 page digital book.
    It is secured against changing, and secured against printing. But you can read it and you will find it VERY INTERESTING to read! Now I dislike English Literature, so I wrote it like I was sitting in front of you, telling you the story. I wrote it back in 2013. I did not take it to the end of Compass Electronics models though. But I covered most of them...
    MELBETA
    [ATTACH]n421496[/ATTACH] love for Compass Coin Magnum metal detector was inside me. IT was the ONLY NO MOTION metal detector ever made, in the time of MOTION METAL DETECTORS. It had a potted module inside it, with the invention of Compass Electronics, a BLANKER CIRCUIT. Now George Payne, reverse engineered the Coin Magnum, and came out with a Bounty Hunter Big Bud Pro SE PLUS metal detector. This was just before Tek LTD, would go out of business. I knew George, phoned him, told him I wanted to modify a metal detector, and he told me, we have a new Bounty Hunter, it goes deep, just like what you want to do. He connected me with SALES, as was one of his dealers, and I bought TWO ofthe units, as they were almost sold out of the model. It arrived, and a few days later, Tek Ltd was no longer in the metal detector business anymore. The chief investor, who owned the company, was in a divorce with his wife who was the person who gave him the money to buy the main ownership of Tek Ltd. He was in negotiation with First Texas down in Texas, selling the company to First Texas, and he was not paying the U.S. Internal Revenue Service either, the income taxes. So both the IRS, and First Texas were after Tek LTD, with Teknetics and Bounty Hunter metal detectors as the prize. Who won? First Texas won. IRS got paid, and the company moved from Lebanon OR down to Texas. How do it know this? Internal Revenue Service told me using the U.S. Mail. Can I prove it? You bet I can... Read it below! Now I started out talking about Compass and ended talking about Teknetics and Bounty Hunter! You will get the truth from Melbeta you see... Not going to post the IRS notice, the notice from First Texas is in color, and is a heck of a beautiful sheet of paper... First published by me, in Geotech, EVER!!!!
    MELBETA

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  • #2
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ID:	421499 George Payne lost his patents, lost his job, IRS was advertising to sell the patents to ME. Yes, I was one of the sought buyers by IRS. But you see, First Texas owned the name, and the business, they paid IRS, and here came Whites Electronics, they went to court you see. In court, FIRST TEXAS prevailed, Whites Electronics lost in court again!!!!!!!!! The first time they lost, was when the sued Teknetics, trying to get George Paynes patents, and all because George Payne had worked for Whites Electronics (without a contract you see), and he did fulfill his employment with Whites Electronics, so Whites Electronics again lost the first battle. They lost the second battle as well. Today, Whites Electronics is owned by Garrett Electronics. Not going to get into those stories either...

    I am now going to talk about the Compass Coin Magnum metal detector. Mine is updated with the final update from Compass, before Compass went out of business. Mine has the Compass newest coil, on it. Is it for sale? No way in hell is my answer. Will I post a photo of my unit. Yes, I can do that for you guys... This story is after all, the Story of Compass Electronics... The photo of The wonderful Coin Magnum, is above... Enjoy it...
    MELBETA

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    • #3
      Now Compass Electronics in Australia, when Compass Electronics in America went out of business, the Compass business in Australia, went out of business. They took the company schematics, put them on eBay in Australia, and sold them lock stock, and barrell. Who bought them you ask? Well who do you think??? I bought them! One of the factory schematics slipped through my hands, but I ended with the rest of the factory schematics. So I gave a copy of the Coin Magnum schematics to Carl Moreland. Why? I wanted that machine updated into the best machine in the world that is why. Is it going to be? I do not think it is going to end up what I wanted it to be either. But Carl Moreland studied it. Lets see what Carl said about the machine. It is below!!!!!!!!! Am I ticked off? I am not made that way by the LORD GOD you see. I like Carl Moreland, and I want to see what he comes up with in the way of useable metal detectors. If not, I still have 10 years of life left in my body to live, and I will enjoy it MY WAY!!! Remember I said "I DID IT MY WAY"... Well, I was not kidding...I am not into money, I am into GOD. ...And into my metal detectors too!
      MELBETA
      GEOTEC~1.PDF

      And we had another technical discussion, it is below, in this other post...
      COMPAS~1.Pdf

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      • #4
        So now I am back, back into the Story of Compass Electronics. In the meantime, Carl is working on an new revision of his own version of Phase Shifting design of a metal detector. It is not going to be Coin Magnum I think! It is what he said, in that first Geotech posting, and also in that second posting, both above. I will still use my own AUDIO AMPLIFIER unit, that is, if it will work with the THRESHOLD AUDIO in Carls new creation. I will see when Carl sends me a detector to test. "Why do I like the Compass Coin Magnum" metal detector????? I am going to post it right below!!!!!!!!!!!!
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        YES!!!!!!!!!!!!!!!!!!!!!!!! I want a metal detector, that will find SMALL, FAINT, VALUABLE, GOLD DOLLARS, and FRACTIONAL GOLD COINS. They are not the $20.00 large gold coins, not the $10.00 gold coins, nor the $5.00 gold coins, but are $1.00, $2.50, $3.00 gold coins, plus the SMALLER FRACTIONAL Gold coins, of the older GOLD RUSH DAYS when men were out panning gold. rocker use of gold nuggets. sluice box, etc. See the above photo? IT is an 1/4th of a dollar!!! 1/4 of a dollar????? MELBETA, that is 25 CENTS!!! YES, they made gold coins in 25 cents worth of gold. Will the Coin Magnum find that coin??? Yes, it will find them that small. Want to see photos of some of the Smallest GOLD COINS made in the past??? Well, they are so rare, we have to go to the American Numismatic Museum, of which is located in Colorado Springs CO. They have some of my rare booklets locked in the front metal cabinet as you enter their COIN LIBRARY of RARE BOOKS about old coins.... Lets take a look at the small gold coin display shall we??????????
        MELBETA
        Attached Files

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        • #5
          Ran out of space on above posting. So started a new post. From the museum's collection of FRACTIONAL and TERRITORIAL GOLD PIECES, and some are of SILVER as well, not in circulation today, but lost from pants pockets, lost into the old gold placer and silver placer areas. Lost in old parks and around old schools as well. Lost around old houses too you see. Will the normal metal detectors find them? NOPE! Only if you put them in your hand and run it under the coil will some see them. What about in the dirt? IT is the Compass Coin Magnum metal detector that is your hope you see......... Lets take a look first at the museums photo shall we. They are small, very very small coins. Imagine a minature wheat penny!!!!!!! They are out there, lost, but not found with 99% of the metal detectors of today. Only with special detectors you will find them...One is the Compass Coin Magnum you see!!
          MELBETA
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          Now these MINATURE coins, are 1/2 of a penny in value back in the 1800s you see. How many do you have? I have none of these 1/2 cents though, mine are all ONE DOLLAR in GOLD!!!

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          • #6
            Click image for larger version  Name:	Gold_Coins_002a.jpg Views:	0 Size:	127.2 KB ID:	421514 I am going to take 3 minature coins, and post it in here. Most metal detectors will NOT pick these coins up, unless they are in your hand, not in the dirt and you move the hand with the coins under the coil slowly but surely!!!!! The Coin Magnum will pick them up. Lets see the coins first, then lets see what Compass Electronics says about small gold coins shall we??? They are GOLD $1.00 coins, from the mid 1800s you see. Did I find them? Nope, was not that lucky. Bought them from a person who had inherited them. Lets look at just one of them large size okay? But they are out there, lost, in parks, gold placer mining areas, around houses, old house lawns, etc. ONLY the Compass COIN MAGNUM can find them though... That is what Compass Electronics said in one of their documents to we dealers!!! Any of you guys find one???????? NO?????????

            So you see Carl Moreland, you got your job trying to get one of your MOTION MACHINES finding one of these DOLLARS, or even less of a chance, one of the SMALLER COINS then the DOLLAR!!! The BIG PHOTO, above the three DOLLARS, shows the smaller coins out on the world, as well, lost and in parks, etc., etc., etc............
            MELBETA
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            So you see NOW, why I LOVE THE COMPASS COIN MAGNUM?????????? It is the ONLY DETECTOR, says Compass electronics, back when Compass Electronics was IN BUSINESS, that WOULD find one of these old $1.00 gold coins!!! And there are smaller one they made, THEN THE DOLLAR, FRACTIONAL coins, and I posted their photos of their images, previously above...
            MELBETA
            Attached Files

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            • #7
              Now taking the largest coin, the old SILVER DOLLARS, very rare to find today too....... Here is a collection, from a collector of the silver dollars, showing his collection, and he has around 120+ of these rare "no longer in circulation" silver dollars, many lost out of pockets, out of coats, pants, etc, etc...........The ANA, has displays, of all old kinds of coils, American other wise, here in Colorado Springs, in the 800 block, of North Cascade Ave. They are the museum for world wide collectors. I used to know the President personally, is deceased now. He used to want to take my token finds, to his nephew, to have him photograph them for an Colorado Token Book... He left his valuable LESHER COIN, in my hands, as security to take my tokens to Denver, where the nephew is living... This photo, is PAGE NUMBER ONE, of his silver dollar collection!!! Enjoy!!!He has all mint marks, from the Philadelphia, Denver, and San Francisco, into the closed mints, such as CC and O mints, which stand for Carson City NV and New Orleans mints. Gone, but not forgotten you see. Rare, he said "You bet your little booties they are rare"!!!!!!!! He let me photograph each page.

              Today, we have a few standard line of coinage, but in the old days, they even had 20 cent pieces..............Ohhhhhhhhhh!!!!!!!!!!! Going through that museum is a fantastic trip guys!!!! I knew the cureator, but he is gone today as well... Gone, but not forgotten by myself!
              MELBETA
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              • #8
                I'ts a pity you aren't in the uk (not that any sane person would want to be these days) as if you were, I could have a look at some of those units for you.

                Sadly, I have NOTHING except some stems (now used on custom built PI's and a Voodoo) from Compass.

                Steve Goss wasn't a particularly good technician and the alignment of the machine he sent me was WAY OFF. Try as I might to like the machines, they were erratic and had VERY poor depth. Some people will do anything to make money, I wouldn't. I need to find £30,000 in the next two months to stop the bank stealing my home of 53 years. I thought of making a load of LRL's but I know they are a scam so I wouldn't do it.

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                • #9
                  Originally posted by Sean_Goddard View Post
                  I'ts a pity you aren't in the uk (not that any sane person would want to be these days) as if you were, I could have a look at some of those units for you.

                  Sadly, I have NOTHING except some stems (now used on custom built PI's and a Voodoo) from Compass.

                  Steve Goss wasn't a particularly good technician and the alignment of the machine he sent me was WAY OFF. Try as I might to like the machines, they were erratic and had VERY poor depth. Some people will do anything to make money, I wouldn't. I need to find £30,000 in the next two months to stop the bank stealing my home of 53 years. I thought of making a load of LRL's but I know they are a scam so I wouldn't do it.
                  Your are an honest person Sean Goddard, and that is what I like. I said a prayer for you, hope HE helps you find a way to save your home. Yes, the LRL's are a scam, the world is full of scams. I did not know Steve Goss at Compass Electronics so I cannot comment on him. I did know one of the three owners though, he came here, took me out to lunch. offered me the Colorado distributorship. I would have taken the offer, but there was a hitch. Usually is a condition on good offers. I had to give up my real estate business, I had two offices, 72 sales people, so I turned him down. Since they went out of business, probably was a good descision on my part.

                  I am elderly man now, nearing the time when I will catch the express, enter the tunnel to meet the creator. So I tuned my life to match that time period. But back then, I was an young man you see...

                  A pity you do not have any detector units, I might have some material to help you set them up. I do have it for the X100, but that most likely is the nearest to the units you bought.

                  I can make a suggestion to you. Execute a deed, from yourself, to another (alias) name, record it, then it will delay the foreclosure as they then will have to deal with the new name. They then will have a title problem, as they did not foreclose on the alias name you see. So now not having an owner with that name, they will now have to go to court, costs money, takes lots of time, with rights of redemption to another person then. Now if you have someone you REALLY can trust, let them be the alias person. I suggest that, so they could deed it back to you again, if you can redeem the house. But only do it if it is impossible for you to save the house. It will cloud the properties title!. Now if you do it, and mangage to save the house, you now have the cloud. Buy a blank deed, deed it from the alias name, back to you. You will have to get a friend to act like the alias name person, as he will have to sign it. Here in America, we have to have a notary witness the signing of the valid deeds. I am not famiar with UK laws. But one, can do what one needs to do. Once recorded, it will then clear the cloud on the time. Now it is a bit touchy, but during desperate times, one does desperate things... It is not illegal to do it, it is not legal to do it do an alias person though you see, but many people do it. I knew of businesses who deeded back and forth, on properties they owned all the time, using a corporate name as the alias person. But the corporation was always real you see, so they could engage in an back and forth transfer of title. But all one really needs, is have an office supply order an CORPERATION STAMP for the ficticious corporation. It is like dancing without a dance partner you see. They can see you dancing without a partner, but they cannot find the dance partner. They cannot find him to serve him the court papers, so have to deal with those problems. Then negotiate with them for some more time, or for some equity that you have in the property... They have to follow the law, you do not need to follow any law... Ohhh! And what, if the alias name, deeds to another alias, and that alias deeds to another alias name?????????? Always just in the nick of time, when they are ready to go to title, title then transfers, and they go nuts............
                  MELBETA

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                  • #10
                    Thank you Melbeta. just ONE break, for ONCE in my life. I must have done something REALLY bad last time round.

                    I COULD sell the house, but I grew up here, and every inch of the house hold memories of my Grandfather and Grandmother who raised me as their son. I would rather die that give it up to lying bankers, but I'm taking a few of them with me if I go.

                    I can modify your suggestion, and use ghosts, a ring of 10 or so should do the job. I have one idea that WILL work, but it is complex.

                    God Bless you Sir. Keep well and stay safe.

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                    • #11
                      I am not into Bankers, nor into lying Bankers. What I suggested is legal, but one decides what to do with what one has to do. Modify it, and I hope it works out for you. When I arrived here locally in 1965, the economy was bad, and thus there was homes that were lost by foreclosure right and left all around the place. And the economy is not great right now either, interest rates are rather him, to slow the economy I guess. It is all political manipulation I guess.

                      May the LORD GOD bless you and keep you Sean Goddard. HE does watch over me! Stay well and safe as well. Scammers phone me each week, trying to obtain information, and I discourage them with my police whistle upstairs and my police whistle down stairs as often as they phone. But the dummies do not stop or remove my phone number from their data base... Foreign idiots from the east, I think perhaps they are from China! Sing song accent you see...

                      Incidently, I still miss the farm and that house I grew up in as well... Mom and dad lost it while I was at the University of Nebr getting my education.
                      MELBETA

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