Register

If this is your first visit, please click the Sign Up now button to begin the process of creating your account so you can begin posting on our forums! The Sign Up process will only take up about a minute of two of your time.

Follow us on Facebook Follow us on Twitter
Page 1 of 44 12311 ... LastLast
Results 1 to 10 of 432
Like Tree160Likes

Thread: Original Spectre Molds Repossessed From Arrow/Frisini

  1. #1
    Gold Member Gold Member Jason Johnson's Avatar
    Join Date
    Jul 2005
    Posts
    755
    I Voted

    Original Spectre Molds Repossessed From Arrow/Frisini

    Here's the latest on the original tooling for the Spectre catamarans owned by Gary Smith, which were repossessed yesterday from Arrow Powerboats in Fort Pierce, Fla., under Florida judgment...

    http://speedonthewater.com/in-the-ne...owfrisini.html

  2. #2
    Registered
    My Boats:
    2004 Donzi ZX
    Join Date
    Aug 2012
    Location
    Rochester, NY
    Posts
    530
    Thanks for the article. Explains quite a bit.

  3. #3
    VIP Member VIP Member BONDO10's Avatar
    My Boats:
    2004 382 Formula FASTECH
    Join Date
    Jun 2009
    Location
    PLYMOUTH,MA
    Posts
    541
    Actually makes sense now. Why would Frisini continue to pay for Spectre molds that you can't use the Spectre name.The question is,who has the rights to the name? Doesn't sound like Gary has them either. If Jay has the name, and Gary has the molds,the molds are useless to anyone but Jay. I think the assumptions should stop,until more information is out there.

  4. #4
    Platinum Member Platinum Member NASCAT's Avatar
    My Boats:
    Nor-Tech 340 Sport on the way
    Join Date
    Aug 2003
    Location
    Charlotte, NC
    Posts
    1,924
    Quote Originally Posted by Jason Johnson View Post
    Here's the latest on the original tooling for the Spectre catamarans owned by Gary Smith, which were repossessed yesterday from Arrow Powerboats in Fort Pierce, Fla., under Florida judgment...

    http://speedonthewater.com/in-the-ne...owfrisini.html
    As always you guys are ON IT! Thanks for making the time to tell it like it is.

  5. #5
    Platinum Member Platinum Member fantastixvoyage's Avatar
    My Boats:
    29' PHANTOM & 36 SKATER
    Join Date
    Jul 2003
    Location
    Livonia, MI
    Posts
    3,150
    Seemed fairly clear until I read the final paragraph. Is the Spectre name included or not??? Mentioning "reviving the Spectre brand" confuses the issues. Seems to me the buyer would get tooling only, not the brand. Similar to Powerquest...the deal suggested the PQ name was included when indeed it was not.

    If I remember right, back in 2006 when the original sale was done the Spectre Catamaran name (or similar) went with the sale of the molds but Jay was going to retain the Spectre CC name/business. Wasnt real clear and definately created two very similarly named companies. Conrad got the deal done before I could but always wonder how that worked out. Guess it never was....

    I bet the molds end up back with jay, either leased from Gary or purchased outright.
    Last edited by fantastixvoyage; 03-27-2013 at 05:05 PM.
    Powered by Champion-Performance

  6. #6
    Platinum Member Platinum Member fantastixvoyage's Avatar
    My Boats:
    29' PHANTOM & 36 SKATER
    Join Date
    Jul 2003
    Location
    Livonia, MI
    Posts
    3,150
    Oh and if anyone else is wondering the Adrenaline 30 molds aren't for sale - I tried

    According to Frisini boats it will be rolled into the Hypersonic lineup and more effort placed on building that brand. The whole leasing agreement/brand dispute explains a lot on why the Spectre brand was never really built up.
    Powered by Champion-Performance

  7. #7
    Offshoreonly Advertiser Offshoreonly Advertiser Wozencraft's Avatar
    My Boats:
    2014 29' E-Ticket Luxury Cat
    Join Date
    Jun 2007
    Location
    Nearest Poker Run
    Posts
    188
    Interesting! Gary told me last week this was happening...sure enough!!
    www.wozencraftinsurance.com
    "Insure your Craft with Wozencraft"
    Offices in Orange County, CA & Lake Havasu, AZ
    888-477-6517
    866-538-7660 fax

  8. #8
    Registered 44MTI's Avatar
    My Boats:
    08' 44 MTI
    Join Date
    May 2003
    Location
    E-Dock
    Posts
    3,058
    Maybe I'm not looking close enough. But in the last paragraph Gary talks about anyone reviving the Specte name and all Property and rights to the company being available. Wouldn't that include the name.

  9. #9
    VIP Member VIP Member offshoredrillin's Avatar
    My Boats:
    00 Cig Tiger,74 Cig 20'
    Join Date
    Feb 2004
    Location
    Maryland
    Posts
    10,291
    Quote Originally Posted by 44MTI View Post
    Maybe I'm not looking close enough. But in the last paragraph Gary talks about anyone reviving the Specte name and all Property and rights to the company being available. Wouldn't that include the name.
    sounds that way to me too. I guess the spectre name wasn't part of the Florida deal though.

    I'm wondering if "new tooling" is lawyer speak for splashed hull.

  10. #10
    Mod Squad Enforcer Charter Member Cash Bar's Avatar
    My Boats:
    1988 29' Fountain 1996 Cigarette TopGun Currently looking again
    Join Date
    Nov 2002
    Location
    On the way to a PR near you
    Posts
    10,645
    Love the last paragraph. Someone PLEASE PLEASE PLEASE grab that 32' and build a BUNCH.
    Your OSO connection to great S. Florida Real Estate.
    www.gregsellswaterfront.com


Page 1 of 44 12311 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
OSO Sponsor
OSO Advertisers


OSO Directory
All times are GMT -5. The time now is 04:24 PM.
Powered by vBulletin® Version 4.2.0
Copyright © 2014 vBulletin Solutions, Inc. All rights reserved.
Search Engine Optimization by vBSEO 3.6.1
Original Poster In Postbit provided by Original Poster In Postbit v1.0.0 (Free) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd. Runs best on HiVelocity Hosting.
Copyright 2011 OffShoreOnly. All rights reserved.