Wonder why Dustin Whipple has been so quiet lately...........

First I have no idea about the status of OL. Could see an executor of an estate put them in receivership and negotiate with the creditors. In some states an executor can become personally liable for the estates debts. So you want to be very careful if you are one. Receivership, negotiate and get the deal in writing court approved, creditors can't come after the executor latter on.

Unless the company was heavily in debt and borrowing just to stay alive.

If you follow there facebook page,you will know he is very busy building for ford and gm.
Boat superchargers are a very small part of there business.

The boats that have come out of the factory in the last year appear to be as beautiful as ever. Good luck to all involved.

what did sgro have to do with a boat theft ring? presuming it's the card shark thing????

Question what did you have to do with it or your motive that you are posting crap like this?:eek:Great boat racer is all I know!Again good luck to him&OL in the future!Well you bought that Gladiator so I know you not the sharpest tool in the shed:lolhit:

yes Joe was part of the Cardshark deal, so was 15 other people, but members on here only want to blame Bgchuby

hate to play Capt Obvious but wasn't Bgchuby the one who took it.......had he not started the Myco rolling then the wood chipper would have remained idle no?:evilb:

Great story with pics in this article:
http://www.bwi.org/bwicontest/files/...rk_hunters.pdf

Ahhhhhh memories are so short term.

This Thread is taking on multiple personalities

Yes they are and most memories are what one could say are..."selective memories".

Sheesh, what a shame people just fu@k others out of their hard earned money and think nothing of it. Wonder what happened to some of those scumbags?

Please stop with all the speculation, hear say, and 3rd party info. I seriously doubt that anyone here has the slightest clue of how Outerlimits was running before Mike's death or after. Speculating on profit, debt,and percentage of ownership is not for anyone to discuss. The point of the press release was to assure any current OL owners or potential OL purchasers that the company will continue with the financial backing of a man (Joe Sgro) that has the passion and experience in performance boating to build the company and inspire confidence that OL will continue to be on the forefront of performance boating.

It's public record that he paid $850k in restitution as part of a plea deal. Obviously nobody pays that kind of money just because. He had a part in the whole thing. Just stating what's already public record, so everyone can make there own educated guess.

I can't understand why everyone supports him it's obvious the guy is a thief . Thanks to him and others involved hard working people have to suffer the consequences on some peoples greed. Anyways that's my take.

:boat:$$$850k$$$ to protect Empire I whould !I don't know the guy went to a few races he was happy nice guy end of story!I don't trust the courts or the cops they go after the people with the most money!I'll bet that law enforcement turned a blind eye to date with other clowns who were broke involved in this!I'm sure guys have parts from boosted boats to this date!Blind eye because they were snitching to the law! from what I've heard one of the Fountain hulls is still on the race scene??Who knows just want performance boat companys to survive he paid his dues end it!Thanks:boat:

He's a nice guy end of story? The 850k was paid as part of restitution to insurance company. That had nothing to do with outerlimits sale so I dont think you got that part ( your comment about protecting an empire makes it sound like your under the impression he paid $850k to buy outerlimits, the cardshark thing is totally different than how much he paid to buy outerlimits, nobody knows how much he paid and it really doesn't matter). I'm sure he's name wasn't involved in the card shark debacle for no reason, your implying he was picked out of everyone in the world simply because he has money? That's an absolutely absurd statement. I think What people are trying to say is everyone wishes the best for outerlimits, but that doesn't take away from the fact that a crook bought the company (or majority part).

Does anyone actually know what the $850,000 restitution payment was for? Was one of his boats a victim of the shredder or something along those lines?

That article states he was charged with a NUMBER of boat thefts, it says he plead guilty on one of the boats and agreed to pay $850k in restitution. So basically wasn't his first rodeo just the first time he got caught.

I wish the moderators would remove this thread due to a whole lot of speculation without positive facts, this is how a company gets a black eye for no reason. Outerlimits is and will always be the most respected offshore power boat builder out there, and continue to grow and keep breaking records without the loss of customer service and quality. If anyone on here knew Mike Fiore, would know that he was one of the most honest and sincere men that I have ever met in my life. Let's stop speculations and wish them the best of luck and respect that Mike is no longer here and be thankful that we still have the opportunity to own one of his awesome creations know as "Outerlimits"!!!!

272baja driver you are stating your opinion as FACT. You quoting excerpts from legal cases and using them as summaries. The problem here is , you DONT know what you don't know.
Performance boating was all but dead a few years ago( mostly due to bad economy and high fuel prices). Lets move towards the future and leave the past behind.

Well agree to disagree. I'm quoting FACTS from legal cases. It's a FACT he reached a plea agreement and part of it was paying 850k in restitution. That's a FACT, not an opinion. If it walks like duck , quacks like a duck, it's a duck is all I'm saying. I don't condone any kind of criminal behavior. In this case it affected all the hard working people that have to now pay higher insurance premiums on their boat insurance.

It's too bad this what was too be a postive thread took a dump!! Reopen the card shark thing if you wish but enough of mud throwing. Outerlimits builds a unbelievable boat and that's that!

I certainly hope that this Joe Sgro guy has turned a corner....however, somehow I feel this purchase of Outerlimits was for nefarious reasons. Come on, the guy pleaded out of a prison term by paying a massive restitution of close to a million bucks. Honest people defend themselves...they don't buy their freedom.

As far a pslonaker getting involved here...again basically blowing Bchuby, its quite comical. For you members who don't know of Slonaker, here are a few excerpts from his past posts. He claims to have killed a guy, yet after searching fairly extensively, no proof could be found. I don't care what he posts, just take it as it is, from a total b u l l s h i t t e r!
"the dude thought he was a bad@ss, made his threats and advanced at me after repeated warningsnot to approach us...he bought the farm."

"remember the movie BILLY JACK??? Where Billy made the kid drive his corvette down the boat ramp and into the lake? I did that a few years back with a dusch-bag like this 32 Baja owner...except my gonads are a little bigger. I also had a fully automatic UZI pointing in his immediate direction and told him he had a choice...either HIM or the boat was going to the bottom of the lake. Oh yea...by the way...I am also a licensed class 3 gun dealer and REAL machine guns are legal in Texas) He fished the boat out about a week later...strange...we have NEVER had another problem with him on our lake. ...I told the guy to go ahead and call the cops...report me...file your charges...do whatever. But when I make bail tomorrow...you had better figure out how you are going to get your ass off this planet because I am coming for you."
Shooter, these guys must not know who they are messing with:
"This is shooter from "THE NAM", not some "nickel dime commie"!!!!!!!"

Let people have their opinion, right or wrong, that is what makes this site interesting. When threads start disappearing because someone's feelings get hurt, or we dislike their point of view is not what makes this site great, I like hearing all sides, then I can make my own judgement.

Two Points (your duck logic is flawed)

First:

OL builds boats, they don't shred boats (nor would that ever happen), in my $.02 opinion, fast, beautiful boats. Dan, while I have never met him, loves boats, loves OL, and hopefully he succeeds, from everything I read about him he is all about success. They build a great product, and great products sell. Nothing nefarious here, great boats to those who can afford to buy them.

Joe Sgro, I met him twice, once about 20+ years or so ago, when he was racing his 28' Manta "Fever", yes that long ago, and another time at a NYC Poker Run, Nigel Hiook was at the NYC Poker Run, not sure of the year, but that is not the point. He has always been a verynice and engaging guy, at least with me, he has/had no idea who I was. I love the way he drives, and his boats have performed on the race course. In the first two or three minutes of meeting someone I, my opinion is made, I like Joe Sgro, I know he loves boats, and he has a sh*t load of experience. Let Dan run OL, let Joe help, and invest and make suggestions, OL (the Fiore's) will remain on top.

Second Point:

This is Smarty "the lawyer" speaking now, Card Shark boat theft crime, it is over, restitution accordng to others in this post has been paid, or was ordered to be paid. I do not know the facts, nor am I interested in revisting the Card Shark thread, it is just way too much to read. If Mr. Sgro plead out, and was sentenced, it is over, let it go, forgive. Material things can be replaced, it sucks someones boat was stolen, but I don't recall a life being lost, or anyone physically being hurt, let it go, move on with life, forgive, people learn from bad choices, we all make mistakes, just sometimes the mistakes we make are consdiered by law more egregious than other mistakes and therefore have greater penalties and consequences of magnitude.

People, places, and things we hang around, if bad, can get anyone of us in trouble, then it comes down to choices. Learn form bad choices, do not repeat the same mistake Sentence has been rendered from what I can tell. Life moves on, I am an optimistic person, I deal with criminals all the time, "but for the grace of God, there go I" is a phrase I have buried inside of me, this is 2015, live today, keep moving forward, do right and for the haters who want to live in the past, and derail a positve thread about Joe Sgro and OL, which I believe is good business decision, TFB (too f*cking bad), get over it.

In my heart and mind, I think this is a great pairing/ownership/investment for OL-Mr. Sgro. I wish them the best,

Stephen "Smarty" Jones

Sounds like a bunch of posters here wouldn't mind if I stole their boats, as long as I was a really nice engaging guy. Wtf

Paying a big insurance premium chaps my ass and this dude is buying a reputable boat with proceeds that may be from stealing boats.

No not what the f*ck, I would mind if my boat was stolen, but once a thief not always a thief, not a complicated point at all. I forgive, can you? Joe Sgro has zero to do with your big ass insurance permium, sell the bs elsewhere.

I think that this is a good business decision, good for OL, and good for people who desire have a beautiful fast boat, I don't know sh*t about the facts and circumstances regarding the Card Shark incident and what involvement, if any, that Joe Sgro had in it, speaking as a criminal defense attorney, sometimes a plea is far better than a risk of trial; unless someone posts the actual discovery, not the pleadings, but the discovery, nobody knows sh*t about the case, too much speculation,

A whole bunch of know-it-alls,

If you don't know the whole story on card shark how do you know or don't know if it has something to do with higher insurance premiums? It has everything to do with it. He was involved in the theft of cardshark and other boats along with that skater that was never built. Your statement saying it has nothing to do with his high insurance premiums is absolutely wrong, those guys involved in all those thefts were costing hardworking people tons of money. It's mind blowing the way a criminal climate is accepted. Everyone has a right to their own opinion seems like when people call it how it is feelings get hurt

I read the Card Shark thread once, I do not have all the facts and opinions memorized, and I have a fairly high IQ. Unless I read the discovery of the case, know one knows what really happened (allegedly and or factually). I would estimate what is in that thread is only a fraction of what the facts of the case are, but this thread is what is business merger OL-Joe Sgro, what is good for OL, what is good for the boat industry, what is good for someone wants OL to build them a boat, stand behind the product, and and have faith the company will address any defect, and malfunction if it happens, and repair and replacement parts, and rehabilitation of the a worn out or weathered boat. This thread is about good news for a good boat company. Again, not complicated. Whenit comes to boat knowledge Joe Sgro is extremely knoweledgeable, now that is a true and accurate fact.

PS Let me set the record straight in the past I sometimes was not an OL fan at all, not just because of their cheerleading section, but also due to injury and deaths in OL boating accidents, but a good boat is a good boat, I give credit when it is due. OL builds the best V bottom in the world. I am not involved with company, the Fiore's where never ever pleasant with me at the NYC or Miami boat shows, and I disagreed with Dan on some topics many years ago on OSO, so I am not an OL cheerleader, but I appreciate that Dan loves his boats, and he has a vision, I appreciate that the Fiore's build the best the boats in the world, who cares if they aren't friendly to me, I am sometimes an oinry bastard, and lastly Joe Sgro will be good for the company, I am about a neutral as a commenter/poster can be. I am a realist, I think this good for OL and the boating industry, I want them to succeed, I wish I could afford to own an OL.

Does the new business OL of NJ get to walk away from all of OL debt?

If so, that's kinda f'd if you're owed money by OL.

Isn't this basically what happened with Fountain Powerboats?

Whatever, I guess. Just curious.

I lost faith in the legal system when I called DA about people insurance scamming on one of my properties:eek:And his answer gert in on it??WTF Called his boss says he whould never say that said there is nothing he could do it was cival??WTF!So stop with the insurance company crap is right:angry-smiley-038:They are the new thiefs as are the cops in every aspect!Again good luck to OL hope I can purchase one in the near future!:blahblah:

No problem smarty i can respect your opinion. In my opinion There's more to running a successful company than knowledge about boats you also have to take care of your financials. In my opinion just personal opinion I feel he will manipulate the financial side of the company in a way that doesn't have the best interest of the clients at hand I will leave it at that

Smarty I will say it's nice disagreeing with someone and still keeping it in a professional matter like you did. If everyone can just do the same instead of insulting each other. You have your view on things and I have a different view on some things, I respect that and it's great we can disagree on things and still keep it professional.

dont start with logic... troublemaker... :rolleyes:

Your not calling it like it is !!!!!!!
Sgro was never accused of theft of Card Shark
Sgro was implicated several months after the arrests were made, he was implicated because 2 of the defendants said they sold him parts
Sgro had NOTHING to do with the falsified skater.
As I said you are taking PARTS of records and using them out of context.
I KNOW the discovery , have knowledge of the written testimony of several of the other defendants, Know exactly why Joe Sgro plead and why he was willing to pay the $850k.

Your way off base and continue to fuel a debate over a different topic than the POSITIVE origin of this thread.

OSO PLEASE CLOSE THIS THREAD , it is so off topic

Just so you know DA and cops are not the same. Why do you say cops are thieves? Did they steal from you, your family, anyone you know?

I don't think the thread should get closed just because we all have different viewpoints? 850k is a lot of money to pay just for buying 2 used parts. ....just saying. Innocent people don't take guilty pleas and pay 850k in restitution. Your implying that he plead guilty and is innocent.....right. It would be a shame if the thread gets closed. Seems like when someone doesn't agree with someone else they cry wolf to close a thread. no need to close the thread nobody is being disrespectful calling each other names or doing anything to justify closing a thread.

Billy,

Let the thread live, defend, inform, and educate.

Start a new thread if you'd like to debate , argue, disagree, make accusations or just want to voice your opinion about an old issue , but this thread is so off topic and grossly inaccurate. It is not for me to take the liberty to defend Joe Sgro in a closed case ,nor am I at liberty to give details of private info .
Yes I adamantly disagree with your OPINION of Joe because he is a close friend of mine . But don't confuse my difference of opinion with my distane for your spouting out blatantly false rhetoric and taking a positive thread about the future of a boat building co and turning it into a debate of character.
Obviously $850k is more than you would spend on a defense , a year of your time, and the stress it would put on your family, friends, employees ,and business. To a person of Joe's financial means it's a drop in the bucket.

As for your continuous statement of " innocent people don't pay if they are innocent" you have A LOT to learn about the legal system , especially in Nassau/ Suffolk county. NYS Judge Sol Wachtler coined the phase " you can inditite a ham sandwich, if that's what you wanted" . Another thing that any 1st year law student know is , your chances at trial are 50/50. We all KNEW OJ Simpson was guilty , low and behold found innocent. Ever get a traffic ticket that you know you were innocent and still either found guilty or paid the fine because it wasn't worth your time? May sound like a small analogy to you but the fact is that there is a major difference between written law and practiced law.
This is not a case of agree to disagree , it's slander
I have no interest in explaining the intracacies or the legal system or sway your unfounded opinion of a man that you know NOTHING about but instead would hope that others reading the complete waste of dialog understand that Joe saved Outerlimits for the love of boating and continue what his close friend started.

Your right no cop whould ever steal go watch the movie cop land or Fort Apache the Bronx?Read mob cops book etc etc!:hitfan: