mosrite of california went bankrupt in late 1968 after they contracted with the thomas organ company to market their guitars. after this, they tried to deal directly with stores, and they sold 280 guitars in 1969 before they came to the shop one day and found their doors pad-locked. two years after his bankruptcy, semie was able to get back the mosrite name, and in 1970 he started making guitars again in pumpkin center near bakersfield. he moved his factory three times in the next 20 years, to oklahoma city in the mid-1970s, to the township of jonas ridge, in burke county, north carolina, in 1981 (where a factory fire destroyed the operation), and to leachville, arkansas, in 1991. only one guitar was produced in leachville and is now on display at the town's melody theater.