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Dealer won't fund Factory, Need Advice

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Dealer won't fund Factory, Need Advice

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Old 12-19-2012, 10:46 AM
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Originally Posted by Chuck
I did address that in the subsequent posts. I'm driving so its hard to be as detailed as I would like.
saw it, good luck.
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Old 12-19-2012, 11:01 AM
  #72  
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Lets brake it down!

Nor tec was traded in,and cash diff was payed to customer.

Nor tec - had clear titles

OCM payed 30 k deposite to bld new boat

OCM has checked on clear titles with customers bank,and provided new MSO on new boat to customers bank.

the boat is late ! I do not work for the factory

Tim
OCM
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Old 12-19-2012, 11:04 AM
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Folks I remember at least 3 other threads on various sites that have shook out this same way regarding Tim / OCM. This is not one deal gone wrong type of thing.
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Old 12-19-2012, 11:10 AM
  #74  
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when is frisini going to comment on this?
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Old 12-19-2012, 11:10 AM
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Originally Posted by OCM
Lets brake it down!

Nor tec was traded in,and cash diff was payed to customer.

Nor tec - had clear titles

OCM payed 30 k deposite to bld new boat

OCM has checked on clear titles with customers bank,and provided new MSO on new boat to customers bank.

the boat is late ! I do not work for the factory

Tim
OCM
Again Tim nice try!!! The Nor-Tech to this minute does not have a clear title. You did pay me the difference LATE!! The MSO you faxed to my bank is not for my boat and faxed copies aren't MSO's, and it isn't assigned to me. My bank won't release the lien on the Nor-Tech until the new boat and trailer are 100% complete. The MSO you faxed is also a copy. The manufacturer won't release the original until you pay for it!
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Old 12-19-2012, 11:14 AM
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Originally Posted by OCM
Lets brake it down!

Nor tec was traded in,and cash diff was payed to customer.

Nor tec - had clear titles

OCM payed 30 k deposite to bld new boat

OCM has checked on clear titles with customers bank,and provided new MSO on new boat to customers bank.

the boat is late ! I do not work for the factory

Tim
OCM

where is the difference from the 30k given to new boat, and 75k given to chuck?
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Old 12-19-2012, 11:16 AM
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Originally Posted by mike tkach
chuck,im not a lawer or a cop,but if the nortec has a lean on it,i think it would be a criminal act for ocm to sell it to someone else without satisfying the leanholder,something is not adding up here.
The lien wasn't physically placed on the title but doesn't negate the fact that there is a lien. It becomes complicated legally because it becomes a he said she said game. OCM knew there was a lien from day one regardless of what he is saying now to cover his azz.
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Old 12-19-2012, 11:18 AM
  #78  
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Originally Posted by Boomer35
where is the difference from the 30k given to new boat, and 75k given to chuck?
OCM considers that their working capital.
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Old 12-19-2012, 11:18 AM
  #79  
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So was OCM suppose to pay off the lien on the N T
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Old 12-19-2012, 11:19 AM
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Originally Posted by northernoffshore
when is frisini going to comment on this?
Manufacturers rarely comment on this stuff online. They are aware and again the problem isn't with Frisini but with OCM not funding the build as promised numerous times.
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