Go Back  Offshoreonly.com > General Discussion > General Boating Discussion
Original Spectre Molds Repossessed From Arrow/Frisini >

Original Spectre Molds Repossessed From Arrow/Frisini

Notices

Original Spectre Molds Repossessed From Arrow/Frisini

Old 03-27-2013, 02:14 PM
  #1  
Correspondent
Correspondent
Thread Starter
 
Jason Johnson's Avatar
 
Join Date: Jul 2005
Posts: 2,233
Received 148 Likes on 78 Posts
Default Original Spectre Molds Repossessed From Arrow/Frisini

Here's the latest on the original tooling for the Spectre catamarans owned by Gary Smith, which were repossessed yesterday from Arrow Powerboats in Fort Pierce, Fla., under Florida judgment...

http://speedonthewater.com/in-the-ne...owfrisini.html
Jason Johnson is offline  
Old 03-27-2013, 03:06 PM
  #2  
Registered
 
Join Date: Aug 2012
Location: Rochester, NY
Posts: 586
Likes: 0
Received 0 Likes on 0 Posts
Default

Thanks for the article. Explains quite a bit.
Donzi ZX is offline  
Old 03-27-2013, 03:14 PM
  #3  
VIP Member
VIP Member
 
BONDO10's Avatar
 
Join Date: Jun 2009
Location: Onset,MA
Posts: 883
Received 38 Likes on 10 Posts
Default

Actually makes sense now. Why would Frisini continue to pay for Spectre molds that you can't use the Spectre name.The question is,who has the rights to the name? Doesn't sound like Gary has them either. If Jay has the name, and Gary has the molds,the molds are useless to anyone but Jay. I think the assumptions should stop,until more information is out there.
BONDO10 is offline  
Old 03-27-2013, 03:24 PM
  #4  
Registered
 
Join Date: Aug 2003
Location: Charlotte, NC
Posts: 2,973
Received 8 Likes on 6 Posts
Default

Originally Posted by Jason Johnson View Post
Here's the latest on the original tooling for the Spectre catamarans owned by Gary Smith, which were repossessed yesterday from Arrow Powerboats in Fort Pierce, Fla., under Florida judgment...

http://speedonthewater.com/in-the-ne...owfrisini.html
As always you guys are ON IT! Thanks for making the time to tell it like it is.
NASCAT is offline  
Old 03-27-2013, 03:45 PM
  #5  
Registered
iTrader: (1)
 
Join Date: Jul 2003
Location: Michigan
Posts: 3,202
Likes: 0
Received 0 Likes on 0 Posts
Default

Seemed fairly clear until I read the final paragraph. Is the Spectre name included or not??? Mentioning "reviving the Spectre brand" confuses the issues. Seems to me the buyer would get tooling only, not the brand. Similar to Powerquest...the deal suggested the PQ name was included when indeed it was not.

If I remember right, back in 2006 when the original sale was done the Spectre Catamaran name (or similar) went with the sale of the molds but Jay was going to retain the Spectre CC name/business. Wasnt real clear and definately created two very similarly named companies. Conrad got the deal done before I could but always wonder how that worked out. Guess it never was....

I bet the molds end up back with jay, either leased from Gary or purchased outright.

Last edited by fantastixvoyage; 03-27-2013 at 04:05 PM.
fantastixvoyage is offline  
Old 03-27-2013, 03:48 PM
  #6  
Registered
iTrader: (1)
 
Join Date: Jul 2003
Location: Michigan
Posts: 3,202
Likes: 0
Received 0 Likes on 0 Posts
Default

Oh and if anyone else is wondering the Adrenaline 30 molds aren't for sale - I tried

According to Frisini boats it will be rolled into the Hypersonic lineup and more effort placed on building that brand. The whole leasing agreement/brand dispute explains a lot on why the Spectre brand was never really built up.
fantastixvoyage is offline  
Old 03-27-2013, 03:52 PM
  #7  
Registered
 
Join Date: Jun 2007
Location: Nearest Poker Run
Posts: 227
Received 8 Likes on 3 Posts
Default

Interesting! Gary told me last week this was happening...sure enough!!
Wozencraft is offline  
Old 03-27-2013, 04:03 PM
  #8  
Registered
 
44MTI's Avatar
 
Join Date: May 2003
Location: E-Dock
Posts: 3,131
Likes: 0
Received 0 Likes on 0 Posts
Default

Maybe I'm not looking close enough. But in the last paragraph Gary talks about anyone reviving the Specte name and all Property and rights to the company being available. Wouldn't that include the name.
44MTI is offline  
Old 03-27-2013, 04:42 PM
  #9  
VIP Member
VIP Member
 
offshoredrillin's Avatar
 
Join Date: Feb 2004
Location: Maryland
Posts: 11,634
Received 370 Likes on 145 Posts
Default

Originally Posted by 44MTI View Post
Maybe I'm not looking close enough. But in the last paragraph Gary talks about anyone reviving the Specte name and all Property and rights to the company being available. Wouldn't that include the name.
sounds that way to me too. I guess the spectre name wasn't part of the Florida deal though.

I'm wondering if "new tooling" is lawyer speak for splashed hull.
offshoredrillin is offline  
Old 03-27-2013, 05:33 PM
  #10  
Mod Squad Enforcer
Charter Member
 
Cash Bar's Avatar
 
Join Date: Nov 2002
Location: On the way to a PR near you
Posts: 12,704
Received 264 Likes on 93 Posts
Default

Love the last paragraph. Someone PLEASE PLEASE PLEASE grab that 32' and build a BUNCH.
__________________
Your OSO connection to great S. Florida Real Estate.
www.gregsellswaterfront.com
Cash Bar is offline  

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information -

Copyright 2021 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.