The reason Fantom Technologies, formerly Iona, went out of business was this- their products were JUNK!! Especially the Fantom Lightning canister....that particular model, towards the end, had TONS of refurbished stock available for purchase on the Fantom website. The Fantom Wildcat, later to be made as the Westinghouse Unplugged, was also another bad model.
Bottom line....their products broke down, were poorly made, & the costs of warranty repairs put them into bankruptcy.
Rob
Oh-and one other thing....I beg to differ with you about what Euro-Pro did to Fantom. One of their models, the Fantom Twister line, was very well made, & was outsourced to Sanyo....they had a model that was IDENTICAL. I had one that lasted over 7 years after it was made before it died....for a Fantom, that's pretty good! And about those warranties....well of COURSE people are gonna say that when their warranty is a scam when they abuse their vacuums, like so many ordinary non-collector people do, & then bitch & complain about the company wronging them when they find out abuse is not covered under their warranty. There's NOTHING wrong about Fantom/Euro-Pro requiring their products to be mailed back to them for warranty service....Many vac companies, including Dyson, do this.