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Originally Posted by Interceptor
(Post 3402845)
What happened to all the talk about partnering with another builder ?
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Originally Posted by Interceptor
(Post 3402845)
What happened to all the talk about partnering with another builder ?
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Originally Posted by offshoredrillin
(Post 3402569)
I have been very outspoken at many things that Reggie has done as far as business is concerned...however...
I hope he succeeds, our industry and our fun will benefit from it. I have never been a fan of the PT Barnum antics and the whole cat killer thing, but I do respect peoples right to do and say as they please. I have also never said anything bad about any fountain powerboat, like ford and Chevy everyone chooses what is right for them. Like the car industry I see the service end of it picking up, it makes perfect business sense for he and his sons to update older models and take care of the boats that are out there, I feel that Reggie knows that too, take care of the current client base and worry about the new ones as they come along. As for his age, he is no different than any race driver that ages or any of us. I am sure that Wyatt has things under control. Even though it's not my choice, I always will respect what any competitor brings to the table, learn from the past, take care of your customers and grow from there...best of luck! |
...last line says it all...because he's good at it...
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I thought RFP was a done deal but now he needs to raise five million bucks to start up? Lotsa luck with that.....
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Originally Posted by Interceptor
(Post 3402845)
What happened to all the talk about partnering with another builder ?
At this point (and, yes, according to my sources have been discussions) with other builders there have been no takers. I think that speaks more to the state of the market than anything else. |
IMO, basically, it was a way to float some vapor and interest in the press, and divert attention from what was perceived to be bad publicity. It worked to some extent. If you control the initial perception, you can pretty much control what gets publicized after that.
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What if the Fountains built be Liberty fail? Anyone know what direction that side is pursuing? Fish, performance both ?
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Originally Posted by Matt Trulio
(Post 3402887)
Partnering with an existing boat company is simply one way to start a new boat company without a heavy capital outlay on the part of the owner of the new company. In essence, that makes the existing builder an investor, and like an investor the builder has to weigh the potential risk and reward, then make a decision.
At this point (and, yes, according to my sources have been discussions) with other builders there have been no takers. I think that speaks more to the state of the market than anything else. Oh by the way, Last time I checked when you go bankrupt you usually don't have money, other businesses, and cash laying around. The firends that i have that were unfortunate to have to file had to rebuild their credit even to buy another house or car. How is it that he was spared personal bankruptcy while the vendors and employees suffered? Anyway, I am done with the RF subject. Old news... Outerlimits new cats, Skater 388SLW, Nortech 52, DCB M35, Mercury 1350's, MTI, Sterling, Potter, Teaugue, etc.. That is the new new news. Hard workers who have whethered most of the storm who continue to develop new products and stand by their customers... Enough said! |
Originally Posted by thirdchildhood
(Post 3402883)
I thought RFP was a done deal but now he needs to raise five million bucks to start up? Lotsa luck with that.....
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