Dealer won't fund Factory, Need Advice
#331
Crazy Energy
Platinum Member
iTrader: (4)
Join Date: Aug 2007
Location: Oklahoma God's country no one else wants it.
Posts: 4,334
Likes: 0
Received 1 Like
on
1 Post
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.
#332
Registered
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.
#333
Registered
Join Date: Oct 2004
Location: Cincinnati, Ohio
Posts: 620
Likes: 0
Received 0 Likes
on
0 Posts
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...
#334
Registered
Join Date: Oct 2004
Location: Cincinnati, Ohio
Posts: 620
Likes: 0
Received 0 Likes
on
0 Posts
#335
Registered
Join Date: Oct 2004
Location: Cincinnati, Ohio
Posts: 620
Likes: 0
Received 0 Likes
on
0 Posts
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?
#336
Registered
Join Date: Mar 2007
Location: clark NJ
Posts: 189
Likes: 0
Received 0 Likes
on
0 Posts
Think he has never owned a business ? Dont know just sayin.
#337
Registered
Join Date: Oct 2004
Location: Cincinnati, Ohio
Posts: 620
Likes: 0
Received 0 Likes
on
0 Posts
#338
Registered
Join Date: Mar 2007
Location: clark NJ
Posts: 189
Likes: 0
Received 0 Likes
on
0 Posts
Sometimes you feel like a nut sometimes you dont....This has gotten way off track but as the winter starts so does the BS..
#339
Registered
Join Date: Mar 2005
Location: Mine Hill, NJ/Lake Hopatcong, NJ
Posts: 1,266
Likes: 0
Received 0 Likes
on
0 Posts
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.
#340
Registered
iTrader: (1)
Join Date: Aug 2004
Location: Baton Rouge La.
Posts: 2,297
Likes: 0
Received 0 Likes
on
0 Posts
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