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: