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-   -   is it true national marine ! (https://www.offshoreonly.com/forums/general-boating-discussion/85432-true-national-marine.html)

outer42 08-18-2004 12:39 PM

Re: Rumor has it that the Fed's shut down Nat'l Marine
 
that's fact's!!!!!!!!
dave having dinner with kurt tonight.

outer42 08-18-2004 12:42 PM

Re: is it true national marine !
 
in the other thred,there's a link to the article,and some facts.

boatergirl38 08-18-2004 01:15 PM

Re: Rumor has it that the Fed's shut down Nat'l Marine
 

Originally Posted by Chris

Is this a current article? Date says Tuesday, July30, 2002.

rchevelle71 08-18-2004 01:18 PM

Re: Rumor has it that the Fed's shut down Nat'l Marine
 

Originally Posted by boatergirl38
Is this a current article? Date says Tuesday, July30, 2002.

I see that at the top of the page, but further down it says...........

"The Home Savings judgment stemmed from a $5 million promissory note the parties entered into on Oct. 24, 2003."

So it has to be from after Oct. 24, 2003!!!

DaveP 08-18-2004 01:26 PM

Re: Rumor has it that the Fed's shut down Nat'l Marine
 
the only way I would do that is if a wood chipper was within 100ft of the dinner table

Playn 08-18-2004 01:29 PM

Re: Rumor has it that the Fed's shut down Nat'l Marine
 

Originally Posted by boatergirl38
Is this a current article? Date says Tuesday, July30, 2002.


I'd say it is current as the link to the article is under the "business news" section of today's edition of the paper.

Maximus 08-18-2004 01:50 PM

Re: is it true national marine !
 
Whats in their inventory...How many OL's, Fountains ect.....Could be a glut of VERY high priced fiberglass on the market very soon at repo #'s. Wonder if those stratospheric prices will hold up on the secondary market?...time will tell.

OSO'ers that have been caught up in these scam artist's web..I feel for you....sincerely.

Maximus

knotpropr 08-18-2004 01:54 PM

Re: is it true national marine !
 
Are they scam artists or just people who may have over-projected and had bad timing? It hurts when someone gets stung in one of these "businesses gone bad", but it doesn't mean that the owners did it on purpose.
Just a thought! :eek:

Downtown42 08-18-2004 02:47 PM

Re: Rumor has it that the Fed's shut down Nat'l Marine
 

Originally Posted by Playn
I'd say it is current as the link to the article is under the "business news" section of today's edition of the paper.

here...



Wednesday, August 18, 2004

Bank wins judgment against boat dealerBy LARRY RINGLER
Tribune Chronicle

VIENNA - A nearly $5 million court judgment against National Marine Inc. has prompted a well-known powerboat maker to think about future dealings with the local business, the boatmaker's president said Tuesday.

scottsumrall 08-18-2004 03:11 PM

Re: Rumor has it that the Fed's shut down Nat'l Marine
 
I Talked To The Man That Did My Boat Loan With Home Saving Today, This Was The Company That Deals With National, He Said That This Issue Was Going To Get Real Ugly. I Fell Luck That National Paid My Loan Off Last Month. I Have The Paid Note In Hand. But Its Going To Bad For The Other That Are Involve With National Now. I Hope This Issue Will Be Worked Out. Sorry........................


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