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LCM files chapt 11

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Old 07-21-2009, 10:06 PM
  #11
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Randy, great talking with you over the last few week. Good luck with the outcome.

Ben
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Old 07-21-2009, 10:37 PM
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I'm a little curious if you were interested in buying a boat from them recently or what motivated the broadcast?

No one's getting rich right now and it sure seems like a really aggressive move to just go out and post someone else's financial woes on a billboard the size of OSO... Especially when you don't often see any negative feedback regarding experiences with LCM.

Yes, it's a matter of public record but you wouldn't care if you weren't handing them money right?

I'm only trying to understand. The fact that this was just thrown up there with no explanation of dissatisfaction behind it really does not speak well of you.

Last edited by SDFever; 07-21-2009 at 10:43 PM.
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Old 07-22-2009, 05:28 AM
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Originally Posted by SDFever View Post
I'm a little curious if you were interested in buying a boat from them recently or what motivated the broadcast?

No one's getting rich right now and it sure seems like a really aggressive move to just go out and post someone else's financial woes on a billboard the size of OSO... Especially when you don't often see any negative feedback regarding experiences with LCM.

Yes, it's a matter of public record but you wouldn't care if you weren't handing them money right?

I'm only trying to understand. The fact that this was just thrown up there with no explanation of dissatisfaction behind it really does not speak well of you.
Hey SD... Respectfully, I disagree with you being critical about Hacker's post. As you are well aware, this board is a public forum that was established for the exchange of thoughts, ideas and information regarding the performance boat industry. The unfortunate bankruptcy filing of LCM is very newsworthy as they are a major player in this industry. To suggest that Hacker's post has a hidden agenda is unfair. Randy Hartmann is one of the hardest working people in the boat business and if anyone can get through this it him. He's a great guy and I wish him luck.....

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Old 07-22-2009, 07:14 AM
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Randy has been good to me. Sorry to hear about the ch 11.
The original post is public info. Not great to gave it posted here, but it is relavant info. I'm glad he did post it.
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Old 07-22-2009, 07:34 AM
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It is certainly news worthy and the guy did not provide any opinion. This economy sucks, I have seen friends loose businesses all around me with another ready to close up any day. I feel lucky to have the little bit of work that I do. Best of luck to you LCM and I hope that this works our for you. Sad times indead.
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Old 07-22-2009, 08:05 AM
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Best of luck Randy, hopefully the economy will get back on it's feet quickly, and it will help get you back on track.
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Old 07-22-2009, 10:22 AM
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I don't think some of you guys understand the point. If you're going to be buying a boat or equipment or if you're just plain nosy you can look up the info very easily for your own satisfaction.

I still see no reason what so ever to post a link to LCM's bk on this site.

Not to mention that it further perpetuates the downward cycle that everyone is b_tching about including myself.

You have to remember that it's not as if he went out and posted news about some "personal" bk. He chose to further harm a HUGE dealer that has a lot at stake. So you can defend him all day as perhaps he is your friend and I am possibly not.

My only point is that his post seems disrespectful and displays a complete lack of etiquette... Just imagine being Randy right now. He's got enough landing on him and there's just no reason to make sure that every single person knows about it when they don't even have exposure.

I did not buy a boat but almost did. I just bought some small stuff and came to really like Randy after several conversations. If anyone on here was getting ready to buy from him this certainly killed that opportunity to go in the right direction.

Now what are the chances that Hacker is either a dealer or works for a competing dealer? If he is he won't have the spine to say so. LCM is NOT one of the hack shops we've all talked about. It's a respectable dealership which also happens to drive pricing in that region. So when you go posting negative things about it and help drive them out you basically hurt anyone who would be buying a boat this year or next or next .....

I still say it's bad etiquette but maybe I'm old school with just a little respect left in me or maybe you disagree.

You guys can come after me on this if you want but I won't call you out or fight with you. I'm simply saying this wasn't tastefully done.

Last edited by SDFever; 07-22-2009 at 10:37 AM.
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Old 07-22-2009, 10:30 AM
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Good luck on getting through this difficult time. I only know of a couple of businesses that aren't struggling to make it right now.

Roger
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Old 07-22-2009, 10:41 AM
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Good PPl over their guys. always helpful to me.. They will be fine.

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Old 07-22-2009, 10:53 AM
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How does this effect a dealerships ability to take a boat in on trade where the owner owes money on the trade in. If banks are pulling floor plans and lines of credit I would think this is or will become an issue for any dealer.
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