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-   -   Dealer won't fund Factory, Need Advice (https://www.offshoreonly.com/forums/general-boating-discussion/289078-dealer-wont-fund-factory-need-advice.html)

Pismo10 12-19-2012 04:07 PM

Want some crazy stories, read the Pantera section. Wow..

Baldie 12-19-2012 04:55 PM

Wow, just wow. OCM is a coward, plain and simple. Just contact the local news to Oregon and make them looks like fools, maybe that will change their preception before court gets involved.

rlj676 12-19-2012 05:59 PM

Amazing how another "reputable" dealer/builder is being outed as a thief (according to what we know so far and what they won't answer). I'm afraid more of these stories about this guy will trickle out now, which could have helped prevented Chuck from getting involved to start with if they had come here with their problems.

This is why it needs to be on OSO. If there's a misunderstanding and it all gets sorted out then that gets shown here too.....but seems unlikely after 2 years.

Bullhead 12-19-2012 06:01 PM

If I am reading all this correctly the title showed that the Nortech had no liens against it....so now it is Chuck's word against OCM's on whether he communicated to them that it did indeed have a lien......Chuck did you sign the title over to OCM when you made the trade?......is it the buyer's responsibility to insure that the title is free and clear?......I am not at all siding with OCM in this situation but it may appear from a paper trail perspective that Chuck was not forthcoming and make things more complicated if he tried to get his Nortech back

Donzi ZX 12-19-2012 06:11 PM


Originally Posted by huskyrider (Post 3834570)
You'd be best served packing your lunch box cause it'll be a long wait.
Any, reasonably smart, business owner will refuse to answer this question by taking the 5th.
IMO, it pretty obvious that they took these funds and used them for other purposes than what the obligated purpose was.
Personally, I'd love to hear his response too.

See ya,
Kelly

+1. Pretty pathetic that OCM just doesn't pay out the funds to finish the boat. Even worse how they're treating a customer. Time for OCM to cough up the cash before they completely ruin their reputation.

BONDO10 12-19-2012 06:38 PM


Originally Posted by rlj676 (Post 3834652)
Amazing how another "reputable" dealer/builder is being outed as a thief (according to what we know so far and what they won't answer). I'm afraid more of these stories about this guy will trickle out now, which could have helped prevented Chuck from getting involved to start with if they had come here with their problems.

This is why it needs to be on OSO. If there's a misunderstanding and it all gets sorted out then that gets shown here too.....but seems unlikely after 2 years.

No one ever implicated the builder. To say "dealer/builder outed as a thief"is unfair to Frisini. Chuck has repeatedly said it has nothing to do with the builder. No reason to tarnish a company unless it is warranted.

mike tkach 12-19-2012 06:43 PM

from the sound of things,ocm is probibally broke and does not have the money that is meant to go to fracini,i hope im wrong,but i suspect a long court battle and in the end,ocm goes out of business,and owner does time,chuck gets screwed out of his money,the bank holding the lean gets defaulted,and the new owner of the nor-tec enjoys his beautyful boat,as he did nothing wrong.it is dealers like ocm that screw it up for all the reputable dealers,as i said before,i would have never let the nor-tec out of my posession until the new boat was a completed boat and ready for delivery.chuck,i really hope that it does not play out this way.good luck.

Chuck 12-19-2012 06:52 PM


Originally Posted by Bullhead (Post 3834654)
If I am reading all this correctly the title showed that the Nortech had no liens against it....so now it is Chuck's word against OCM's on whether he communicated to them that it did indeed have a lien......Chuck did you sign the title over to OCM when you made the trade?......is it the buyer's responsibility to insure that the title is free and clear?......I am not at all siding with OCM in this situation but it may appear from a paper trail perspective that Chuck was not forthcoming and make things more complicated if he tried to get his Nortech back

The lien did not show on my title and your right that it is a he said she said argument at this point, but that still has nothing to do with the factory not being funded. I am not trying to take my old boat back from someone who purchased it in good faith. I do think that they should be aware that they really don't "own " it free and clear. The lien on the title would not be an issue if the new boat had been completed in 2011 as promised by OCM. I have said it a cpl times on here that OCM wasn't responsible for making my pay off but they are responsible for getting me my new boat. Hope this clears up the lien question. Thanks for your reply.

Chuck 12-19-2012 06:54 PM


Originally Posted by BONDO10 (Post 3834680)
No one ever implicated the builder. To say "dealer/builder outed as a thief"is unfair to Frisini. Chuck has repeatedly said it has nothing to do with the builder. No reason to tarnish a company unless it is warranted.

I can emphasize with the position the factory has been put in. They don't know if they will ever receive the balance owed by OCM but have agreed to deliver the boat regardless.

Chuck 12-19-2012 06:56 PM


Originally Posted by mike tkach (Post 3834683)
from the sound of things,ocm is probibally broke and does not have the money that is meant to go to fracini,i hope im wrong,but i suspect a long court battle and in the end,ocm goes out of business,and owner does time,chuck gets screwed out of his money,the bank holding the lean gets defaulted,and the new owner of the nor-tec enjoys his beautyful boat,as he did nothing wrong.it is dealers like ocm that screw it up for all the reputable dealers,as i said before,i would have never let the nor-tec out of my posession until the new boat was a completed boat and ready for delivery.chuck,i really hope that it does not play out this way.good luck.

Thank you, but as I have mentioned Frisini has assured me that I will receive the boat. I just would like to get it done now so I can stop making payments on a boat somebody else is enjoying.


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