Lets see. Run the business into the ground. Basically poor management. Sure the economy tanked, but they were gambling too much so they lost. Now file bankruptcy, sell the company to some no name and walk from your debt. Let the no name take the fall and you start a new company debt free, comparatively, with your unblemished name. History will repeat itself. Were Fountain owners left high and dry for service? Probably. Will RF warranty any of the boats he built while at Fountain when Liberty is gone? HELL NO. Looks like a tricky paperwork deal to get out of debt to me. Or am I way off?

Did anyone see the weak dealer network mentioned?...pontoon boat dealers now carrying Fountain boats.

For the sake of all the employees that made Reggie successful and are still there I hope Liberty can continue building Fountain powerboats. I also hope Reggie can build a new boat that meets everyones expectations.
ed

these boats arent cheap regardless of what you buy, but only marketing a 500k boat and a fishing boat probably doesnt fit the broad spectrum of boats out there

no one noticed the boat at the fountain display was a 2 yr old privatly owned used boat (beautiful boat btw and my personal favorite fountain) but a little on the cheesy side for the worlds largest boat show.

What 42 was at the show?

It would make sense that having such a backlog, and trying to ramp up to speed, they would not have much product to show at a boat show. Good business sense would dictate that in February, their dealers need some product.

But the stories from Liberty, and the above story, are so different, it might just warrant a call to Mr. Walker. Very handy that he listed his phone number. Are current employees working their tails off down there?

BULLHEAD's

I just can't believe this new ownership will put the labor of love Reggae did to make fountain successful as it was before economic downturn. I guess I need to be open minded but you just don't replace Reggae Fountain and become more successful.

I am one of those "weak dealers" now carrying Fountain boats. I signed up right before everything went down with Reggie. You bet, I am sorry he is not there!!! Every time I ever saw him at a poker run or at the factory, he would thank me for running his boats. (even though I was in a fish boat at a poker run) At Loto, he jumped on my boat and wanted to go out and wave to the crowd. Everyone loved him. It didn't matter if they were on a 55 Sea Ray or a 15ft Bayliner. People LOVE and RESPECT him! It is a shame that he is gone! He Left. Liberty wanted him to stay.

With that said, the new guys from Liberty and the guys that are still at Fountain, especially Tony and Brian, are committed to making Fountain boats better than before. I had a special request with the second boat we ordered. They are building me a one of a kind boat. They are taking my odd request and making it happen. It is great to see the factory so busy. We may be a weak dealer network now but we are so excited about the product and the future with Fountain Powerboats. We are taking baby steps in this economy but I feel great about what is happing with at the factory and about the product. I have personally owned 9 Fountains, 2 OL's, and three Cigs. NOTHING compares to a Fountain in my opinion. I think a lot of people are going to be surprised with the new Liberty/ Fountain team. Just give them a chance.

Mat
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