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RF Powerboats (Fountain moves on to new venture)

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Old 01-31-2011, 12:34 AM
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Here you go guys , I'm not a fountain guy but they are made close to where I live ..Reggie if you read this I would like to point out the facility in Swansboro where Chris Craft and Tiara where made is still empty , and would make a beautiful new factory for you . Then I would have some new a$s to spank around here ! LOL !
http://www.witn.com/home/headlines/R...114906709.html
click the video under the headline !!
Sounds like he's in his own pocket!
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Old 01-31-2011, 09:45 AM
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You have to give the guy credit. I joke about his ego and size, but his stubborness and energy is often amazing. The bankruptcy points are valid and I am sure that vendors have been hurt, but that's business (and life), I guess. Of course this thread, as do all others on the subject, includes the usual cheerleaders and, if hype paid the bills, Reggie would be a billionaire. What I am amazed at is his decision to push ahead right back into the same maelstrom he just got out of. The economy is no better, fuel prices are rising, unemployment remains unfettered, and the possibility of easy credit for boats and recreation vehicles is not even a glimmer in a banker's eye. The big question is why? He ain't getting any younger....and , believe me I can relate to that.

I guess he wants to go out on his own terms and no one else's. Whether this is "Fountain's Folly" or "Reggie's Revival".....remains to be seen, but you have to respect the attempt.

My wish in all of this is that the economy returns to a successful mode so that all of us can enjoy prosperity and the fruits of our labors........including, but not limited to, Reggie.

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Old 01-31-2011, 10:29 AM
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So seems the 4 room hotel is in his house?

The only way I can see this working is if he targets the high end buyer that doesn't need financing or cares what gas prices are.

Hope he does well.
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Old 01-31-2011, 08:23 PM
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Point well taken

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What's the story on how you guys ended up with this boat?

http://www.teamshogren.com/pre-owned...ecutioner.html
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Old 01-31-2011, 09:00 PM
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What's the story on how you guys ended up with this boat?

http://www.teamshogren.com/pre-owned...ecutioner.html
Been wondering the same.
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Old 01-31-2011, 09:04 PM
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Thought it would be cool piece to own down the road and thought it would be cool conversation piece in the showroom. Alot of people like to check it out. Needs some work but overall pretty nice piece considering it's the first one ever built. I hope to restore it next year.

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What's the story on how you guys ended up with this boat?

http://www.teamshogren.com/pre-owned...ecutioner.html
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Old 01-31-2011, 09:27 PM
  #87
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So seems the 4 room hotel is in his house?

The only way I can see this working is if he targets the high end buyer that doesn't need financing or cares what gas prices are.

Hope he does well.
My favorite place to stay in little washington. Go get'em RMF
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Old 01-31-2011, 09:36 PM
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+1

I don't wish anyone bad but what about all of the people that suffered thru the tough financial times at Fountain especially the vendors, creditors, and employees? No one talks about them just Reggie!
I guess I'm more hung up on the dealers that missed out on the 10% hold back, that was well before Liberty's time at Fountain. I don't claim to know all the in and outs, but I know the smaller dealers that lost money in deal that hurt them pretty bad.
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Old 01-31-2011, 10:03 PM
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This should get interesting. Pamlico River is going to be crowded.
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Old 01-31-2011, 10:18 PM
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I heard Reggie is putting steel skid plates on the bottom of all his boats to protect them from the logs and stumps in the river !
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