Fred Cecil's Sutphen
#11
Registered
Chapter 7 liquidations are always tough. There usually is no time for an orderly wind down. People with deposits on boats are SOL cause they are unsecured creditors. Mercury may have not been paid for those engines. Does the Sutphen have engines in it?
That 41 Apache would have to be loaded on a trailer. Frankly it's only worth 10k in my opinion, its a damaged hull with out a front deck. By the time you have a deck engines and rigging you could buy a used one and have it rebuilt.
Wannabe
That 41 Apache would have to be loaded on a trailer. Frankly it's only worth 10k in my opinion, its a damaged hull with out a front deck. By the time you have a deck engines and rigging you could buy a used one and have it rebuilt.
Wannabe
#12
wow, that place looks like everyone took off for lunch and didnt come back Sure looks like a turn key biz though. I suppose for the right money it would be pretty good.
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Throttles- Cleveland Construction 377 Talon
08 OPA Class 1 National Champion
08 Class 1 Geico Triple Crown Champion
08 OPA High Points Champion
10 OPA Class 1 National Champion ( happy now Ed! )
Throttles- Cleveland Construction 377 Talon
08 OPA Class 1 National Champion
08 Class 1 Geico Triple Crown Champion
08 OPA High Points Champion
10 OPA Class 1 National Champion ( happy now Ed! )
#13
Registered
iTrader: (1)
Pack your bags Dave your moving to Holland lol Well you would be if I could find my money tree
Unfortunate they are splitting everything up and not asking a decent # for the company instead. I thought $400k for four models was way too steep in this economy. Called the broker to see if he is still involved and he's not. Keep in mind the company name, etc is NOT included with any of this. Looks like this time Powerquest will be split up for good, too bad cause its a great opportunity. One I'd jump on if I could.
Unfortunate they are splitting everything up and not asking a decent # for the company instead. I thought $400k for four models was way too steep in this economy. Called the broker to see if he is still involved and he's not. Keep in mind the company name, etc is NOT included with any of this. Looks like this time Powerquest will be split up for good, too bad cause its a great opportunity. One I'd jump on if I could.
#19
Registered
In case someone is interested in the molds -- take note that the molds are being offered by sealed bid by Dec 6.
I would imagine that if they don't go that way they will be offered in the online auction on the 13th...
http://auction.orbitbid.com/moreInfo.cfm?ID=2214
I would imagine that if they don't go that way they will be offered in the online auction on the 13th...
http://auction.orbitbid.com/moreInfo.cfm?ID=2214