![]() |
Originally Posted by POWERPLAY J
(Post 3112549)
He is NOT working out of the Sunsation factory. And from what I know anything from his daughter is questionable at best. Have someone stop in and check. I just saw him a few weeks ago still peddling and selling... didn't remember me from last yr when I told him his chit was overpriced and marginal:evilb:
|
Not defending Mike or his company but I would think the turmoil in the boat business has affected the operations at McCleod. Lack of demand and the fact subcontractors are less likely to take orders on credit or orders that are not paid in full prior to processing (completely the opposite of what standard practices were only a couple years ago) has probably disrupted day to day operations.
Think about his business model from 2005, 500-700 pairs of bolsters could be ordered from boat manufacturers, materials could be ordered on credit and he would only have to pay the labor (his employees) and overhead. Boat companies pay him and he pays off the suppliers then keeps the profit for himself. Now, MAYBE 50 pairs of bolsters, materials must be paid for C.O.D., overhead is the same as 2005, employee payroll is down. Now is operating at a loss if the overhead stayed the same from the high of 2005......and their is no light at the end of the tunnel! |
Originally Posted by Jupiter Sunsation
(Post 3112842)
Not defending Mike or his company but I would think the turmoil in the boat business has affected the operations at McCleod. Lack of demand and the fact subcontractors are less likely to take orders on credit or orders that are not paid in full prior to processing (completely the opposite of what standard practices were only a couple years ago) has probably disrupted day to day operations.
Think about his business model from 2005, 500-700 pairs of bolsters could be ordered from boat manufacturers, materials could be ordered on credit and he would only have to pay the labor (his employees) and overhead. Boat companies pay him and he pays off the suppliers then keeps the profit for himself. Now, MAYBE 50 pairs of bolsters, materials must be paid for C.O.D., overhead is the same as 2005, employee payroll is down. Now is operating at a loss if the overhead stayed the same from the high of 2005......and their is no light at the end of the tunnel! |
Originally Posted by Jupiter Sunsation
(Post 3112842)
Not defending Mike or his company but I would think the turmoil in the boat business has affected the operations at McCleod. Lack of demand and the fact subcontractors are less likely to take orders on credit or orders that are not paid in full prior to processing (completely the opposite of what standard practices were only a couple years ago) has probably disrupted day to day operations.
Think about his business model from 2005, 500-700 pairs of bolsters could be ordered from boat manufacturers, materials could be ordered on credit and he would only have to pay the labor (his employees) and overhead. Boat companies pay him and he pays off the suppliers then keeps the profit for himself. Now, MAYBE 50 pairs of bolsters, materials must be paid for C.O.D., overhead is the same as 2005, employee payroll is down. Now is operating at a loss if the overhead stayed the same from the high of 2005......and their is no light at the end of the tunnel! It's unlikely there was any intention of screwing customers, but desperate people do desperate things. When I see someone doing these types of things it suggest to me that they are in deeper than the rest of us realize. |
Originally Posted by POWERPLAY J
(Post 3112549)
He is NOT working out of the Sunsation factory. And from what I know anything from his daughter is questionable at best. Have someone stop in and check. I just saw him a few weeks ago still peddling and selling... didn't remember me from last yr when I told him his chit was overpriced and marginal:evilb:
thats when I got a price for 2 front bolsters for my Powerquest,$6.800.00 Plus the cost of the frames:eek: |
Originally Posted by Jupiter Sunsation
(Post 3112842)
Not defending Mike or his company but I would think the turmoil in the boat business has affected the operations at McCleod. Lack of demand and the fact subcontractors are less likely to take orders on credit or orders that are not paid in full prior to processing (completely the opposite of what standard practices were only a couple years ago) has probably disrupted day to day operations.
Think about his business model from 2005, 500-700 pairs of bolsters could be ordered from boat manufacturers, materials could be ordered on credit and he would only have to pay the labor (his employees) and overhead. Boat companies pay him and he pays off the suppliers then keeps the profit for himself. Now, MAYBE 50 pairs of bolsters, materials must be paid for C.O.D., overhead is the same as 2005, employee payroll is down. Now is operating at a loss if the overhead stayed the same from the high of 2005......and their is no light at the end of the tunnel! |
T500s/Indy
I totally understand how he can fix the customer service issues by simply picking up the phone. In my example I suspect he is the captain of the Titanic right now and he is re-arranging the deck chairs despite the ship taking on water! :eek: Knot I suspect he may have an "artist" complex being the all knowing designer..... Tough spot to put yourself in for sure. I hope he didn't let go too many key employees that remember how to sew and return phone calls. It could have spawned some new aggressive competition with in-house experience! |
Originally Posted by Jupiter Sunsation
(Post 3112902)
T500s/Indy
I totally understand how he can fix the customer service issues by simply picking up the phone. In my example I suspect he is the captain of the Titanic right now and he is re-arranging the deck chairs despite the ship taking on water! :eek: Knot I suspect he may have an "artist" complex being the all knowing designer..... Tough spot to put yourself in for sure. I hope he didn't let go too many key employees that remember how to sew and return phone calls. It could have spawned some new aggressive competition with in-house experience! We seem to have the same opinion....and I like that Titanic reference, sounds appropriate. |
Word on the street is that next week may come to quick for this "BOAT" to stay afloat and employees are owed a lot of money. Mike needs to go back to the old days when I (only employee) worked for him doing interiors in a small rented garage back in 1977.
Mike does has a lot of talent ..........but his people and business skills are way off base. |
Originally Posted by brian41
(Post 3113110)
Word on the street is that next week may come to quick for this "BOAT" to stay afloat and employees are owed a lot of money. Mike needs to go back to the old days when I (only employee) worked for him doing interiors in a small rented garage back in 1977.
Mike does has a lot of talent ..........but his people and business skills are way off base. |
Brian, I never got that message...
|
Originally Posted by brian41
(Post 3110452)
My interior went from 8K before starting to 10K after it was done then to 12K when it was time to deduct it from what he owned me for his 1970 Chevelle SS. The interior only took 3 years to get done but we were friends then.
Now the big ONE.... He did this interior for a customer of mine and it started out at 15K to 20K..... well the final cost to finish was about 65K with less options than were agreed to from the start. SOrry for the hi-jack.. |
Brian at what location did your customer stop by, it sounds like where his shop is in question, is he still out by you?
I sell industrial filters and I get back to everyone the same day or at worst the next, and if it is some custom job I let people know I am working on it and the progress. Artist, smartish who the fruck cares, if you take someone's money to do a job, it's a sale it's a business. If you can't talk to customers and get a job out then I don't care how creative you are, in my book you are a smuck with some drawing skills. People,,,, we are talking about boat seats here, not fricking art work. While we are on the subject of art and great design, we have a BT and I am not sure if it was his idea or BT, but that back bench is the most ass-in-ine idea I have ever seen. You have to get everyone and everything out of the way, which means everbody and every cooler has to move up to the front behind the front seats, that's so you can slide the bench all the way forward (in towards the cabin, and then tip it up towards your chest.) I curse evertime I have to retrive anything from that area. Who knows who came up with that design, but if it was BT, he should have (in a creative way) talked them out of it. I know without a doubt for a heck of a lot less money I could have designed something just as attractive but a lot more user friendly. IMHO You can count on Brian for spot on information in this matter and frankly if I was him I would be alot more #$%@?%%@ If I was the thread starter I would not wait any longer and get some type of stop against him via your CC good luck |
Donna glad to hear from you... been a long winter. As usual you are spot on with your post. Mcleod is still in Taylor on Northline road but I was told that a Bank note was left on the building over the weekend. If I were owed anything at this time I would be doing all I could to collect either product or monies back and trust nothing I was told.
|
Originally Posted by Ms PatriYacht
(Post 3113720)
People,,,, we are talking about boat seats here, not fricki
32 .0 ng art work. While we are on the subject of art and great design, we have a BT and I am not sure if it was his idea or BT, but that back bench is the most ass-in-ine idea I have ever seen. You have to get everyone and everything out of the way, which means everbody and every cooler has to move up to the front behind the front seats, that's so you can slide the bench all the way forward (in towards the cabin, and then tip it up towards your chest.) I curse evertime I have to retrive anything from that area. Who knows who came up with that design, but if it was BT, he should have (in a creative way) talked them out of it. I know without a doubt for a heck of a lot less money I could have designed something just as attractive but a lot more user friendly. |
Originally Posted by brian41
(Post 3113874)
Donna glad to hear from you... been a long winter. As usual you are spot on with your post. Mcleod is still in Taylor on Northline road but I was told that a Bank note was left on the building over the weekend. If I were owed anything at this time I would be doing all I could to collect either product or monies back and trust nothing I was told.
I got hung on that one last year. We cut-off a customer we felt was going under, they begged me to do a couple last jobs if they paid up-front. Did the job and got our $22K.....5 weeks later they folded. 2 YEARS later the federal courts came after that $22K and our lawyer told us we had no case.....had to give them that $22K!!! :angry-smiley-038: |
Originally Posted by Jupiter Sunsation
(Post 3113875)
Donna I think you were looking for "assinine" idea. That has to be his idea since Sunsation has the same design on their rear seats. It is ok, I keep fenders under the rear seat so it is time to get up and move around anyway.
|
[QUOTE=brian41;3113874]Donna glad to hear from you... been a long winter. As usual you are spot on with your post. QUOTE]
Now if Ian would only tell me that during an argument...... are you doing the spring run, we plan on it, I am looking forward to spending the weekend at the Toledo Yacht club, I suspect we will be there both Friday and Sat. nights. |
Originally Posted by t500hps
(Post 3113913)
Almost doesn't matter.....bankruptcy law allows the creditors to demand the return of any money the failed company paid out in the 90 days prior to filing bankruptcy....to be re-distributed to the creditors (who mostly will be government/tax offices).
I got hung on that one last year. We cut-off a customer we felt was going under, they begged me to do a couple last jobs if they paid up-front. Did the job and got our $22K.....5 weeks later they folded. 2 YEARS later the federal courts came after that $22K and our lawyer told us we had no case.....had to give them that $22K!!! :angry-smiley-038: |
Don't worry Donna, I'll always tell you that you are right:drink::evilb:
|
Originally Posted by t500hps
(Post 3113913)
Almost doesn't matter.....bankruptcy law allows the creditors to demand the return of any money the failed company paid out in the 90 days prior to filing bankruptcy....to be re-distributed to the creditors (who mostly will be government/tax offices).
I got hung on that one last year. We cut-off a customer we felt was going under, they begged me to do a couple last jobs if they paid up-front. Did the job and got our $22K.....5 weeks later they folded. 2 YEARS later the federal courts came after that $22K and our lawyer told us we had no case.....had to give them that $22K!!! :angry-smiley-038: Back when I was still selling to the auto industry I had a company I sold stampings too They were into us for $400,000 so I worked out a plan with them to pay us $25,000 a week, plus the cost of whatever we shipped that week until they were caught up. I stopped and picked up the checks every week for three weeks. On the forth week they told me that they could not pay me and that I was getting a letter about why the next week. Well the letter was about a meeting with all creditors to talk about this company getting ready for a banko. I attended the meeting and we went into negotiations (They owed 15 suppliers a total of 27 million dollars) well the company ultimately went banko. Soon I got the call from the bankruptcy court stating that they wanted the $75,000 I had collected even though they were still into us for over $300,000. I was told it was considered preferential payment and they demanded it back. We had to pay the money back to the court :( |
Jason I thought that might be you, do you still have the PP, if so I hope you bring it to Lake Erie this year, seems like we have not be able to finish a run with you yet
|
Originally Posted by PhantomChaos
(Post 3114953)
What?????? :eek::eek:
|
Originally Posted by t500hps
(Post 3115017)
Look it up, Boatme posted the name I couldn't remember "preferential treatment". My reaction was a little more antimated than yours!!!.......and I hope there weren't any customers in the building a the time!!!
There is just no way to show me jumping up and down and screaming on the internet LOL |
Originally Posted by boatme
(Post 3115008)
The courts call it preferential payments
Back when I was still selling to the auto industry I had a company I sold stampings too They were into us for $400,000 so I worked out a plan with them to pay us $25,000 a week, plus the cost of whatever we shipped that week until they were caught up. I stopped and picked up the checks every week for three weeks. On the forth week they told me that they could not pay me and that I was getting a letter about why the next week. Well the letter was about a meeting with all creditors to talk about this company getting ready for a banko. I attended the meeting and we went into negotiations (They owed 15 suppliers a total of 27 million dollars) well the company ultimately went banko. Soon I got the call from the bankruptcy court stating that they wanted the $75,000 I had collected even though they were still into us for over $300,000. I was told it was considered preferential payment and they demanded it back. We had to pay the money back to the court :( |
Well it has happened Mike Mclown has lost his mind. Today I get a call from his lawyer telling me Mike wants to sue me for the interior you know the 8K-10K-12K deal. I tell his lawyer bring it on as I will counter for the work on his Chevelle, 5 years of hoist storage and an open bill on his delivery truck. He owes me but I already know that well has run dry. Anyway his lawyer and I had a good laugh and agreed there was no merit to his accusations and he would not pursue it any further. I also told him about the "Donzi gone to the moon interior" that if he also had that cases I would be on the side of the defense with about 20 other people. Seams he can not make enough money taking others boaters money and not delivering product to keep his head above water now is trying to sue everybody. He should know how it works he has been sued by most of the venders, machine shops and boaters he does business with.
TO ALL OF MIKES LAWYERS GET A BIG RETAINER MIKE HAS MENTAL AND MONEY ISSUES. |
UPDATE: I know this thread has gone all over the place and there are stories coming out of the woodwork about work and pricing with McCleod but I am here to report a successful completion of services. VERY LATE, but I did get my bolster skins from Mike after much discussion and delay. It was touch and go for a while, his daughter picking up and leaving with no responce to vmail or email. Someone on this board in the town Mcleod is in offered to call or stop by the office to see what the deal was. He got Mike to call me, offer a few excuses but in the end got the work done and shipped out to me. A week long project paid in full upfront turned into a 2 month ordeal.
Anyway, thanks to all of you on OSO that had info, offered advice and assisted in getting this done. Not sure I would go as far as recomending McLeod but they did finally get this job done and they look great. In reading this thread it looks like there are quite a few open issues here, I wish everyone good luck in getting them resolved. This is the first and last time I will EVER pay for anything in full upfront. Makes me wonder what the hell I was thinking in the first place! Now, if I could just get my local interior guy off his a** to complete the install......this BS never ends I tell you... |
Originally Posted by cullen_11
(Post 3137817)
UPDATE: I know this thread has gone all over the place and there are stories coming out of the woodwork about work and pricing with McCleod but I am here to report a successful completion of services. VERY LATE, but I did get my bolster skins from Mike after much discussion and delay. It was touch and go for a while, his daughter picking up and leaving with no responce to vmail or email. Someone on this board in the town Mcleod is in offered to call or stop by the office to see what the deal was. He got Mike to call me, offer a few excuses but in the end got the work done and shipped out to me. A week long project paid in full upfront turned into a 2 month ordeal.
Anyway, thanks to all of you on OSO that had info, offered advice and assisted in getting this done. Not sure I would go as far as recomending McLeod but they did finally get this job done and they look great. In reading this thread it looks like there are quite a few open issues here, I wish everyone good luck in getting them resolved. This is the first and last time I will EVER pay for anything in full upfront. Makes me wonder what the hell I was thinking in the first place! Now, if I could just get my local interior guy off his a** to complete the install......this BS never ends I tell you... Glad things finally worked out for you. |
Originally Posted by Ms PatriYacht
(Post 3115014)
Jason I thought that might be you, do you still have the PP, if so I hope you bring it to Lake Erie this year, seems like we have not be able to finish a run with you yet
|
On the "preferrential payments" thing what if you tell the bankruptcy court you simply don't have the money? In Mark's case he got $75,000, what if he simply paid all of his outstanding bills with that money?
Most small businesses don't keep 75K in their checkbook so if the money is gone could you argue A. the money was indeed a legitimate debt and B. if you are forced to repay it then it puts your company in jeopardy of bankruptcy as well! |
Originally Posted by Jupiter Sunsation
(Post 3139128)
On the "preferrential payments" thing what if you tell the bankruptcy court you simply don't have the money? In Mark's case he got $75,000, what if he simply paid all of his outstanding bills with that money?
Most small businesses don't keep 75K in their checkbook so if the money is gone could you argue A. the money was indeed a legitimate debt and B. if you are forced to repay it then it puts your company in jeopardy of bankruptcy as well! Unfortunatly in order to maintain running a business like we did, servicing the auto industry, it was a sticky wicket and cost less than litigation and the blackballing that can be done to a supplier in the auto industry so we did pay it back SOme time i will share how it all worked with you over a pop or three :) |
Originally Posted by Strip Poker 388
(Post 3110300)
I had a thread that got poofed:(keep calling.
She shouldn't of charged the card until ready to ship,She keeps credit card info. |
| All times are GMT -5. The time now is 06:24 PM. |
Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.