Editing Mosrite (section)

===Bankruptcy and restart===
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 in February and found their doors pad-locked.<ref name="BC"/> 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, Kern County, California|Pumpkin Center]] near [[Bakersfield, California|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.<ref name="BC"/>  Only one guitar was produced in Leachville and is now on display at the town's Melody Theater.

Though an acknowledged genius at guitar design and construction, Moseley lacked many basic skills necessary to be a good businessman, and thus the company fell on hard times repeatedly in the late 1960s and 1970s, but continued to produce Mosrite guitars until 1993 in North Carolina and Arkansas. Most of them were exported to Japan, where their popularity remained very strong. The quality of the instruments always remained very respectable. Semie Moseley died in 1992. His wife Loretta continued to produce Mosrites a year or so after his death, and since 2008 has been selling custom Mosrites via their website.

The company now has recently{{when|date=July 2011}} released the Semie Moseley Model '63 and '65, based on the Ventures models made in those two years. Both models are made to the exact specifications as the original models; they are 100% hand-made and were created to commemorate Semie Moseley.

Semie's daughter, Dana Moseley, is also a luthier and continues to build Mosrite guitars.<ref>{{cite web|url=http://www.edroman.com/guitars/mosrite/dana-moseley.htm|title=Mosrite Guitars - Dana Moseley of Moseley Family|first=Ed|last=Roman|website=Edroman.com|access-date=3 October 2018}}</ref> She also helps kick off the monthly "Mosrite Jam" in Bakersfield.<ref>Munoz, Matt, [http://www.bakersfield.com/entertainment/local/x914961517/Mos-rite-teous-Lovers-of-Bakersfield-guitar-ready-to-jam "Mos-rite-teous! Lovers of Bakersfield guitar ready to jam"] {{webarchive|url=https://web.archive.org/web/20110213052407/http://www.bakersfield.com/entertainment/local/x914961517/Mos-rite-teous-Lovers-of-Bakersfield-guitar-ready-to-jam |date=2011-02-13 }}, ''Bakotopia.com'', Wednesday, Feb 17 2010</ref>