Dealer won't fund Factory, Need Advice
12-21-2012 | 05:24 PM
#331
Crazy Energy
Joined: Aug 2007
Posts: 4,334
Likes: 1
From: Oklahoma God's country no one else wants it.
As the Props turn, So do - "The Day's of Our Lives"
I can't hardly wait till the CC is finished and see some Photos.
Here is a 50' I think Bob still has the molds.
I can't hardly wait till the CC is finished and see some Photos.
Here is a 50' I think Bob still has the molds.
12-21-2012 | 05:44 PM
#332
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Joined: Nov 2011
Posts: 198
Likes: 1
From: Swamps of Jersey
Any chance the people who can't write a coherent sentence, not (yet )alone (a) paragraph (or know what a paragraph is) please quit making accusations or offering business/legal advice? Probably not, seeing as the OP titled the thread asking for advice. If he (the OP) wanted real, "business/legal advice", indulge me here, he should be contacting & paying an actual attorney. I think he's getting his moneys worth here.
Given what we see here that could definitely be the case in the other dealing, anyone that can't understand it should quit filling this thread with questions about it, take it to the other one at least. Thats one awfully long, run-on sentence.
Given what we see here that could definitely be the case in the other dealing, anyone that can't understand it should quit filling this thread with questions about it, take it to the other one at least. Thats one awfully long, run-on sentence.
12-21-2012 | 06:07 PM
#333
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Joined: Oct 2004
Posts: 620
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From: Cincinnati, Ohio
I would beg to differ in this case since it was employee's of a business.. Anyways it's still irrelevant in this case, OCM sold his boat and had the money to build the new one but never paid the builder to get the boat done it's pretty cut and dry the way I see it...
12-21-2012 | 07:00 PM
#335
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Joined: Oct 2004
Posts: 620
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From: Cincinnati, Ohio
Any chance the people who can't write a coherent sentence, not alone paragraph (or know what a paragraph is) please quit making accusations or offering business/legal advice?
Business owners are legally responsible for what their company/employees do in many instances, business law 101. Given what we see here that could definitely be the case in the other dealing, anyone that can't understand it should quit filling this thread with questions about it, take it to the other one at least.
In the OCM/Frisini case I think this is a case of what OCM and Frisini agree to in their business contract. If OCM intends to save face here they would have to show a contract with Frisini to pay in full after completion agreed by both. Otherwise it seem obvious they turned the proceeds of the Nor-Tech sale into "operating capital" rather than the payment for the CC it was supposed to be. Likewise Frisini could provide Chuck the contract showing the need for progress payments.
Has Frisini dropped OCM as a dealer?
Business owners are legally responsible for what their company/employees do in many instances, business law 101. Given what we see here that could definitely be the case in the other dealing, anyone that can't understand it should quit filling this thread with questions about it, take it to the other one at least.
In the OCM/Frisini case I think this is a case of what OCM and Frisini agree to in their business contract. If OCM intends to save face here they would have to show a contract with Frisini to pay in full after completion agreed by both. Otherwise it seem obvious they turned the proceeds of the Nor-Tech sale into "operating capital" rather than the payment for the CC it was supposed to be. Likewise Frisini could provide Chuck the contract showing the need for progress payments.
Has Frisini dropped OCM as a dealer?
12-21-2012 | 07:04 PM
#336
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Joined: Mar 2007
Posts: 189
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From: clark NJ
Think he has never owned a business ? Dont know just sayin.
12-21-2012 | 07:11 PM
#338
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Joined: Mar 2007
Posts: 189
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From: clark NJ
Sometimes you feel like a nut sometimes you dont....This has gotten way off track but as the winter starts so does
the BS..
the BS..
12-21-2012 | 07:26 PM
#339
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Joined: Mar 2005
Posts: 1,266
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From: Mine Hill, NJ/Lake Hopatcong, NJ
Hope this works out for all parties involved
I do however have a quick question. I keep seeing two things that have caught my eye, first is the constant mention of the bank having a lien on the boat.... The second is that you (Chuck) are self financing?? Are you the lien holder or is the bank. Please forgive my arrogance of the situation of I had read it wrong. I've met you numerous times at various runs in NY as well as the Hudson runs and have always been respectful to me.
Lastly, it's not slander when on the internet, it's called libel.
Good luck for all involved.
I do however have a quick question. I keep seeing two things that have caught my eye, first is the constant mention of the bank having a lien on the boat.... The second is that you (Chuck) are self financing?? Are you the lien holder or is the bank. Please forgive my arrogance of the situation of I had read it wrong. I've met you numerous times at various runs in NY as well as the Hudson runs and have always been respectful to me.
Lastly, it's not slander when on the internet, it's called libel.
Good luck for all involved.
12-21-2012 | 07:26 PM
#340
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Joined: Aug 2004
Posts: 2,295
Likes: 1
From: Baton Rouge La.
38 deg in the morning an 65 for the high. A lot warmer than some people on this tread. I'm going back to the Bilge where i belong. But i will go boating so i don't have to read anymore post from bull****ters on this tread. Some people need to post an shut up. Just me Artie
