Future of Factory Class
12-23-2003 | 08:23 AM
#51
Guest
Posts: n/a
ya but mike,cut the costs and secure 120 teams,they are out there,I already talked to an equipment owner this morning and got his attention,that boats been sitting for two years and could be ready to race factory in two hrs with the new package!the more money,the less teams,the more teams,the more publicity!If you can get that kinda sponsorship with 60 teams,cut the costs back on us and double the teams and triple the sponsorships and individual company advertising,it worked before,it even had more television programming,I used to watch your boat on ESPN!
Last edited by Offshore Addiction; 12-23-2003 at 11:07 AM.
12-23-2003 | 08:24 AM
#52
Guest
Posts: n/a
Joey,
You are also wrong about the divisional series. We had 57 boats at our Worlds which was terrible for us but there was not a single divisional race in the country last year that had that many boats.
And if you think that divisional racing is going to benefit in the long term by what is happening then I got some swamp land to show you.
You are upset because your racing program ran out of money and a change of this nature might, in your mind, obsolete your boat. My best assessment is that a change like this will make your boat more valuable as a race boat to a new team looking to get into the sport.
Mike
You are also wrong about the divisional series. We had 57 boats at our Worlds which was terrible for us but there was not a single divisional race in the country last year that had that many boats.
And if you think that divisional racing is going to benefit in the long term by what is happening then I got some swamp land to show you.
You are upset because your racing program ran out of money and a change of this nature might, in your mind, obsolete your boat. My best assessment is that a change like this will make your boat more valuable as a race boat to a new team looking to get into the sport.
Mike
12-23-2003 | 08:31 AM
#54
Guest
Posts: n/a
Al,
I meant 50-60 Professional Member Teams.
Like it or not, to do things that need to be done there needs to be enough operating capital to start. We cannot base our decisions on the "expectation" that our plan will work. And for the reasons I have explained in the past, the LLC owners are not willing to fund this out of their own pockets anymore, or at least until we know for sure that the fighting, stealing, boycotting has stopped for good.
Nevertheless, if you look at the Professional Membership program, you can see how the money actually gets paid back to the Professional Members through prize money and high points money if we execute the business plan successfully.
We are going to have to run parallel tracks here. Fix Factory class but get the Pro Membership buy-in so we can secure the additional equity investment necessary to keeping the train rolling.
Mike
I meant 50-60 Professional Member Teams.
Like it or not, to do things that need to be done there needs to be enough operating capital to start. We cannot base our decisions on the "expectation" that our plan will work. And for the reasons I have explained in the past, the LLC owners are not willing to fund this out of their own pockets anymore, or at least until we know for sure that the fighting, stealing, boycotting has stopped for good.
Nevertheless, if you look at the Professional Membership program, you can see how the money actually gets paid back to the Professional Members through prize money and high points money if we execute the business plan successfully.
We are going to have to run parallel tracks here. Fix Factory class but get the Pro Membership buy-in so we can secure the additional equity investment necessary to keeping the train rolling.
Mike
12-23-2003 | 08:35 AM
#55
Guest
Posts: n/a
Joey,
If your intention is to simply stand on the side of the road and yell and scream at us, stomp your feet and hold your breath, then fine. I simply will have to ignore you because we need to get some things done to save the sport and our investments in it.
You should have received your trophy and if not then call Deanna at the office. The prize money will likely not be forthcoming this year. I am sorry but hopeful that situaiton can be rectified shortly.
Mike
If your intention is to simply stand on the side of the road and yell and scream at us, stomp your feet and hold your breath, then fine. I simply will have to ignore you because we need to get some things done to save the sport and our investments in it.
You should have received your trophy and if not then call Deanna at the office. The prize money will likely not be forthcoming this year. I am sorry but hopeful that situaiton can be rectified shortly.
Mike
12-23-2003 | 08:37 AM
#56
Registered
Joined: Jun 2001
Posts: 3,345
Likes: 0
From: Michigan
the boat is up for sale...we are going to run another class if anything...
WHAT I AM UPSET ABOUT is; you would like more money from us when we STILL HAVE NOT been paid or received trophies from 2003! IT SEEMS TOTALLY RIDICULOUS THAT I WOULD GIVE YOU/APBA-LLC,ORL, WHATEVER MORE $$ WHEN YOU OWE ME!!!
LET ME ADD that there NO teams contacting me about racing! A TON about poker runs...so whatever you come up this month for rules/requirements for F2 will not affect the sale of the boat.
WHAT I AM UPSET ABOUT is; you would like more money from us when we STILL HAVE NOT been paid or received trophies from 2003! IT SEEMS TOTALLY RIDICULOUS THAT I WOULD GIVE YOU/APBA-LLC,ORL, WHATEVER MORE $$ WHEN YOU OWE ME!!!
LET ME ADD that there NO teams contacting me about racing! A TON about poker runs...so whatever you come up this month for rules/requirements for F2 will not affect the sale of the boat.
12-23-2003 | 08:46 AM
#58
Registered
Joined: Jun 2001
Posts: 3,345
Likes: 0
From: Michigan
mike a. you keep talking about us giving you 5k so there is prize money, tv, and points for 2004...you still owe us from 2003...this sounds like a credit card that gives you as much credit as you deposit in their bank!!LOL
12-23-2003 | 08:48 AM
#59
Guest
Posts: n/a
Originally posted by SNGLSTACK
MIKE A. YOU HAVE SPENT TO MUCH TIME UNDER WATER AS PRESIDENT BUSH SAYS WHY BELEIVE HIM NOW///////
MIKE A. YOU HAVE SPENT TO MUCH TIME UNDER WATER AS PRESIDENT BUSH SAYS WHY BELEIVE HIM NOW///////
The gloves are off and the high road is a distant memory. Moronic comments like that are transparent to everyone here who gets it.
The bottomline is that this program works without needing to trust me.
The Professional Membership Fees are deposited into an account controlled by the Professional Membership themselves. It does not go to me and it is not mine to use. That is in writing too or can't you read?
Not a single penny of the equity investors money goes to me either. I am giving up a huge share of my ownership interest for NOTHING. All the money goes to the sport.
So say what you want. Piss, moan, whine, cry, call me names. Whatever.
When I was a prosecutor I remember getting jeered by the inmates whenever I walked through the jail to talk to witnesses. I remember laughing inside while considering the source.
That is basically the way I view you, the boycotters and others who want to run their mouths, lie, steal, and throw crap all over the sport while doing absolutely nothing other than using up our oxygen. So enjoy.
This thread is about Factory 1 and 2 racing. Dredge, can you please ensure it stays that way. If any of you want to call me names then send me nasty emails like so many others are. I read and respond to them all.
Mike
12-23-2003 | 08:52 AM
#60
Guest
Posts: n/a
So Joey,
Then shut your pie hole and move on already. You have said your piece and expressed yourself clearly. Read my post to Singlechick about the use of the money.
The beauty part of this is you do not have to invest a single penny if you do not want to and the rest of the racers are smart enough to assess the situation and decide for themselves.
Mike
Then shut your pie hole and move on already. You have said your piece and expressed yourself clearly. Read my post to Singlechick about the use of the money.
The beauty part of this is you do not have to invest a single penny if you do not want to and the rest of the racers are smart enough to assess the situation and decide for themselves.
Mike
