Fountain Abandoned, Financial Mismanagement
#61
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Location: New Castle, DE
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Thanks everyone for their constructive comments and insight. This is truly an educational experience from every angle from the people who live it. Your never to old to learn. Thanks again!
#62
Not that it matters, as I have assumed just a matter of time before someones hand will get smacked for the advertising.
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Some people are like Slinkies - Not really good for anything, but they
bring a smile to your face when pushed down the stairs.
#63
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I was just going to mention this. Tony is doing phenominally well in a bad market. I hope he has continued success. I heard he had sold 20 boats in just 3 months. Impressive.
#64
Charter Member #232
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That was always my assumption as well.
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#65
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I don't want anybody to think that my post and comment about the efforts of Liberty and Amercian Holdings trying to by whatever means they wer using to raise Fountain , Donzi, or Proline from the "ashes" of that debt burden was a comment or question about Mr. Reggie Fountain and his endevors!
I was not making that analogy or coment.It makes us all smaller and the whole performance boat industry hurts when companies with such great history and customer support become victims of this horrible economy and their sometimes unfortunately mistimed enthusiastic growth plans.
Reggie will hopefully land on his feet and his priceless knowledge and expierence will keep him in the thick of this struggling industry. I wish Reggie at RF boats and all the other performance boat bulders in our industry all the best and hope for all our sakes and this sport that this industry can ride out this storm and get back to days of good strong business and economy! Many times it takes a real bad time in an industry to redirect and fine tune a particular industry to survive and maintain in a struggling economy.
"When the Going gets Tough, the Tough get Going!"
This is where are industry is at and this is our charge!
Best Regards,
Ray @ Raylar
I was not making that analogy or coment.It makes us all smaller and the whole performance boat industry hurts when companies with such great history and customer support become victims of this horrible economy and their sometimes unfortunately mistimed enthusiastic growth plans.
Reggie will hopefully land on his feet and his priceless knowledge and expierence will keep him in the thick of this struggling industry. I wish Reggie at RF boats and all the other performance boat bulders in our industry all the best and hope for all our sakes and this sport that this industry can ride out this storm and get back to days of good strong business and economy! Many times it takes a real bad time in an industry to redirect and fine tune a particular industry to survive and maintain in a struggling economy.
"When the Going gets Tough, the Tough get Going!"
This is where are industry is at and this is our charge!
Best Regards,
Ray @ Raylar
#66
Registered
The one posting here is Reggie Fountain III.
#67
Charter Mod
Charter Member
I thought he was one of the handful of Offshore Legends (you know people who actually built and did something tangible in the sport) that posts here and in doing so gives this little internet discussion forum some legitimacy???
Not that anyone deserves a free ride, but honestly some of you you guys forget to stop and think how lucky we are to have the real deal guys like Mr Fountain and many others actually posting here and being a part of this forum....very few other discussion forums in other types of hobbies/sports are so lucky.
Not that anyone deserves a free ride, but honestly some of you you guys forget to stop and think how lucky we are to have the real deal guys like Mr Fountain and many others actually posting here and being a part of this forum....very few other discussion forums in other types of hobbies/sports are so lucky.
#69
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I have never owned a Fountain nor do i ever see myself owning one (i have owned Scarabs, Cigarette, Black Thunder, Donzi)
Still you have to respect someone who has done what he has done over his lifetime. I have much more respect for work in the boating industry rather than his other occupation (lawyer)
#70
Stick to the Facts
Just the facts, when did the economy drop "Sept 2008".
For the longest time before the 08 collapse, it was never admitted that we were in a recession.