fartnokor

Thanks for the word of encouragement! I'm a big fan of what PIAPTK does but am not always buying things. However, I buy every damn thing he does with Floating Action. I wouldn't even know about Floating Action if it wasn't for me missing out on "It". That guy just churns out music and it's always in my wheelhouse of enjoyability. Then, you add on the customized hand painted covers and everything else that goes on and it really puts the overall experience over the top versus your run of the mill standard cardboard cover/black vinyl. The recent Blank Tapes album was stellar as well. 

@Tommy - you are a good soul to remember my desperate, and ongoing search for "IT". I was highly on top of this one and was able to get it I think before the email even went out. I noticed he posted it a couple days ago on the Soild Gold section of the site and have been checking in quite often over the last few days, then went on an F5 spree for most of the morning after seeing the post yesterday until I was able to jump in and get it. 
 
I might even get desperate and try to trade this for IT after I listen to it just so I can say my ears at least tasted both, while only actually owning one!

@Tommy - you are a good soul to remember my desperate, and ongoing search for "IT". I was highly on top of this one and was able to get it I think before the email even went out. I noticed he posted it a couple days ago on the Soild Gold section of the site and have been checking in quite often over the last few days, then went on an F5 spree for most of the morning after seeing the post yesterday until I was able to jump in and get it. 
 
I might even get desperate and try to trade this for IT after I listen to it just so I can say my ears at least tasted both, while only actually owning one!

Well, in our case, here is the thinking (and depending on how you read it, might sound defensive, but it's not... it's something I've thought/talked about a lot in the last week or two):1) this label was started with two releases that didn't sell out for months, and 1/3 of the first three STILL hasn't sold out. and it's not like this was a 3 second sell out. It took almost 72 hours before these were gone, and it was posted on this board (twice) within the first couple of hours of being on sale.
2) Scott approached us about doing "IT" because he liked the limited and weird handmade vibe, and because my partner in the label is Dimitri, his bandmate in Dr. Dog. He didn't necessarily want to release this album as a full length, "proper" album, mostly because it was old and had already been partially used for other things.
3) The whole "limited, never repressed, and no digital" philosphy is not because we want to deprive the world of anything, or jack up prices, it's because artists like Scott or Grandaddy (who are the next one), would NEVER release something with us if we WERENT limited and somewhat gimmicky. Their labels and managers wouldn't allow it either.
4) We feel your pain. It's not fun for us to invest $2300 in expenses plus LITERALLY 80-100 man hours of assembly and production (we have 4-5 hour packing parties that take 15-20 people to put those damn things together) to make $3000 gross. So we make a whopping $700 in profit (which (hopefully) just pays for the records that don't sell out, or the beer and snacks for the packing party.) while somebody else takes a $20 investment and makes 1000% profit on it for really zero work.
5) we don't want to be a "business" record label and take it seriously... because that involves way too many artistic compromises and money investment. "Will this band "move units"?", "How can we maximize placement?", "How much $$$ should we be dedicating to marketing/radio/digital", "How can we "maximize the buzz", etc. We just want to make fun stuff for bands that we love. I would rather work my ass off with 5 jobs (which I do) and not have to care about whether an artist will "recoup" if I want to release their record. And almost nobody buys anything I release except for the occasional release like this for a higher profile artist.
We don't intentionally limit things. It's just sort of the nature of the beast in some ways. This record was an extreme example, and I'm sure the Grandaddy one coming in a couple months will be even worse. But, next time I'll put up a thing that says "Hey, if you don't want to own this record, please don't buy it just to flip it immediately. If you do, just know, we think you are kind of a jerk for buying something that somebody else would love to own and then making them pay 10 times as much for it". That might not actually work, but at least maybe they will think about it. Also, I tracked down about 75% of the flippers on ebay and discogs (the ones I could find) for the McMicken record and removed them from my email list so they will at least not have early notice of upcoming things.