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"!!!!