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national is it true !!

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Old 08-30-2004, 06:53 PM
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Default national is it true !!

a ohio paper said the owner was locked up on thur for 67 counts of fraud

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Old 08-30-2004, 07:02 PM
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Default Re: national is it true !!

I am from Ohio and I don't understand what an Ohio Peper is?
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Old 08-30-2004, 07:10 PM
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which paper and what day ?
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Old 08-30-2004, 07:22 PM
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Default Re: national is it true !!

sat and i saw it online i tried to copy and paste could not do it i will print and scan i have to find article again i dont knoew the name i will get it.
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Old 08-30-2004, 07:23 PM
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i got the typo problem tonight sorry
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Old 08-30-2004, 07:27 PM
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Default Re: national is it true !!

Those damn Ohio Pepers again. Hotter than Mexican Peppers, not as hot a Chinese!
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Old 08-30-2004, 07:34 PM
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Only 67?
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Old 08-30-2004, 08:06 PM
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Default Re: national is it true !!

To bad they have only 67 so far i bet a lot more are coming does anybody else wonder how many of us are really involved i have talked to one of the attnys handling some of the people involved but he had to recomend another one for me he may have a conflict of intrest but he did send me a deal from court showing a tenative arrangement for bill to try and stay in business including a monthly forecast of expenses ie:118000 a month in what they call intrest on trade in boats and 70000 intrest on floorplan and 87782 intrest on installment loans.i wonder how many boats you have to sell just to cover these three things not to address 80000 in salaries or 25300 in insurance
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Old 08-30-2004, 08:11 PM
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Holly crap those are his overhead numbers? Or is that the numbers for the banks to let him stay in bus.?

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Old 08-30-2004, 08:22 PM
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thats what he says are some of his expenses on a monthly basis does not incude the rest but all are on this piece of paper how about 15000 in advertising or 17700 in rent or 15000 in consultants thats the one that gets me what good did they do maybe they should try the govt after this ship has sunk i think everybody involved needs to communicate and find out the best solution to all our problems.We are just people who did what we said we would and none of the other parties involved have.The banks funded w/out securing title the boat documentor took our money and never called to say he couldn't get it done.when somebody is making all these pymts the bank doesn't call and say oh by the way we got a pymt from somebody other than you?did you trade your boat are they suppose to pay it off?and if so when?Lot of people involved but how will all the banks and other people wiggle out?
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