Told me the same cash story and the author of the article if I remember correctly. If Len were smart he would get rid of Frisina before the Sonic name is damaged beyond repair. The crew when CSI was running things seemed much more capable than the current clowns running the show.

So let me get this straight. He doesn't pay rent, he doesn't pay suppliers, he delivers unusable boats or no boats at all but still shows up at the Miami boat show promoting the brand? How is this even possible????

Not paying rent ?
That is most likely why he had his ass tossed out of the Toms River Marina

Read the thread about the 42 hypersonic and you will be even more confused....

Len Worden is a good guy. I enjoyed doing business with
Sonic/CSI when he was in total control. He made good and then
some on all commitments. In fact he saved SONIC from
the Richard Hewitt disaster.

Yep

I would like to hire TF as a salesman. Never met him but you can guess he does one hell of a job. Dude could sell ice to an Eskimo. Follow up ehhh not so much lol

http://speedonthewater.com/in-the-ne...ny-danger.html

Interesting read three years later.

Created: Wednesday, 22 February 2012 12:36
Written by Matt Trulio


Unconfirmed reports that Frisini Motorsports, the parent company of the Sonic, Spectre and Frisini high-performance powerboat lines, is experiencing financial difficulties are false, according to Tony Frisina, the principal of the company. According to Frisina, all of the brands are “alive and well,” boatbuilding at the company’s Fort Pierce, Fla., plant is ongoing and its employees and vendors are being paid.

In a telephone interview this afternoon, Frisina said he believes the rumors of financial trouble started with his decision not to display at the 2012 Miami International Boat, which concluded two days ago.

“The state of Frisini Motorsports is that we are building boats, in business and not in any danger of going out of business,” said Frisina, who described himself as “extremely upset” by the rumors, particularly those on the online message boards. “I would have loved to show our boats in Miami, but you can’t go there with unfinished boats and expect to have a good show. It’s just not a good idea. That’s why I chose Desert Storm in April. My customers are coming with me to run and show the boats there. Our brands have always been thought of as ‘East Coast.’ I want to open up the whole country.

“Everything in my plant is paid for,” he continued. “The boats are paid for. The Mercury 1350s and 525s and 600 are paid for. The 300 Verados are paid for. The fiberglass and the windshields are paid for. There are some vendors I don’t have accounts with that I have to pay when their products arrive, but that’s because they don’t let you set up accounts with them until you’ve been in business for three years. Call Bill Tweedy at Myco Trailers and ask him if he has any trouble getting paid by us. All of my employees are getting paid. Does anyone think I would have guys like Chris Dilling (of Grafik EFX) doing work or me if I didn’t pay them?

“I invite anybody to come the factory unannounced and we will give them—even the naysayers, even the people who don’t like me—a tour,” he added. “Everyone is welcome. They can talk to the employees if they like. I have nothing to hide.”

I did, I would have to say that guy is extremely lucky and very brave.