So what does that do...still run by RF and company...? Is Hustler still involved?

Until I see something official it is all just rumors,,,,,,,,,,,,,,

Can anyone provide a link to reliable information?

exactly.. there are few players at the moment.. way to much speculation .. just let the chips fall where they may.

i guess you all need to watch. oxford group has very deep pockets.

I hope Hustler does pick it up in the end, but why post it on all the boating sites like its a done deal. If it doesn't go as you plan you may look foolish.

I don't know "Oxforf Group" but I do know boating, and a boating company is not the wisest investment, in good economy it is at best risky, in a bad economy?? Like I stated earlier maybe be a wise move for Hustler, they will reduce their costs by moving from NY to NC, that alone may make the purchase worth it.

Kind of off the the toppic, so if they are purchased, I am guessing all the liabilities, bills, stock owners, all just get screwed??

Our acquisition of secured bank notes of Fountain Powerboats fell a few hours short to Oxford Investment as we were in meetings with Reggie Fountain at his facility on Thursday. It is our understanding that they will be able to run the bid up at the auction to 20 Million dollars. This number does not work to make this a viable investment from us as additional money will be needed to get employees back on the line, re-stock materials and keep the business up and running over the next two years while the country comes back from its current recession. We feel it is a sad day in the boating industry as our expertise and high standards would have helped enhanced the Fountain and Baja lines.

Our passion for building high quality boats is alive and well and we will continue to build Hustler’s full line of boats to the highest standards. We will be coming out with our new 29’ in our Rockit Series at the Miami Boat show to fill that current void in the market place and would like to thank everyone who wished us well over the last few weeks.

We will be looking at new ventures in our industry in the coming months.

There are two Oxfords I could find. One is in Indiana and the other one is in California.

I heard ACORN has submitted a bid as well. any truth to this?

Apparently, it doesnt matter any longer ( see 2 posts above yours ).