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-   -   so they filed for bankruptcy (https://www.offshoreonly.com/forums/pantera/281896-so-they-filed-bankruptcy.html)

Comanche3Six 08-05-2012 10:16 AM


Originally Posted by Interceptor (Post 3746412)

Another fiasco, guess what company this flag waver supported ?

From your posts in the CardShark thread I'm guessing it is the powerboat company the arborist owned.

Interceptor 08-05-2012 10:27 AM


Originally Posted by Interceptor (Post 3746412)
"It is too bad the financial side of the company was not run as well as the boats were constructed. The boats are some of the best products on the water. I hope someone is able to at least bring the product back, if not the company. Very sad times."

Another fiasco, guess what company this flag waver supported ?

The company was Powerplay.

BLACKJACK-C27 08-05-2012 05:12 PM

Y'all should realize that any new boats bought - is under control of court, so any delays or non purchase of equipment for those orders would be dealt with harshly by court...
In other words, Pantera, in Ch11, is the absolutely safest place to buy a boat today !!

Interceptor 08-05-2012 05:20 PM


Originally Posted by BLACKJACK-C27 (Post 3746670)
Y'all should realize that any new boats bought - is under control of court, so any delays or non purchase of equipment for those orders would be dealt with harshly by court...
In other words, Pantera, in Ch11, is the absolutely safest place to buy a boat today !!

Why ?Would the court send people to work on the boat and provide money to buy materials ?

BLACKJACK-C27 08-05-2012 05:36 PM

When a company is operating in ch11 any new $$$ are under strict reporting and if $$$ was not used for what it was received for then "poof" the operation would be shut down 123.
.... or if there was cash flow, which pantera obviously does not have with all these bs threads; a supposed expert would come to manage these $$$. So thats why a ch11 company is a safe place to purchase.

mikebrls 08-05-2012 05:56 PM


Originally Posted by BLACKJACK-C27 (Post 3746689)
When a company is operating in ch11 any new $$$ are under strict reporting and if $$$ was not used for what it was received for then "poof" the operation would be shut down 123.
.... or if there was cash flow, which pantera obviously does not have with all these bs threads; a supposed expert would come to manage these $$$. So thats why a ch11 company is a safe place to purchase.

I hate to say it but this make NO scenes .

so if you give company A , $ 20 k and there under ch11 and they put the money in there pocket knowing there going out of biz, how would you or the court's get that money back ?

thirdchildhood 08-05-2012 05:57 PM


Originally Posted by BLACKJACK-C27 (Post 3746689)
When a company is operating in ch11 any new $$$ are under strict reporting and if $$$ was not used for what it was received for then "poof" the operation would be shut down 123.
.... or if there was cash flow, which pantera obviously does not have with all these bs threads; a supposed expert would come to manage these $$$. So thats why a ch11 company is a safe place to purchase.

That's nuts. The next step to chapter 11 for a lot of companies is chapter 7.

BLACKJACK-C27 08-05-2012 06:13 PM

maybe, if you guys keep this up, which still makes no sense

Comanche3Six 08-05-2012 06:18 PM


Originally Posted by BLACKJACK-C27 (Post 3746670)
Y'all should realize that any new boats bought - is under control of court, so any delays or non purchase of equipment for those orders would be dealt with harshly by court...
In other words, Pantera, in Ch11, is the absolutely safest place to buy a boat today !!

LOL! Nobody is going to buy a new powerboat from Pantera after they learn the truth about them!!!!!

Catastrophe 08-05-2012 06:23 PM

[QUOTE=BLACKJACK-C27;3746670]Y'all should realize that any new boats bought - is under control of court, so any delays or non purchase of equipment for those orders would be dealt with harshly by court...
In other words, Pantera, in Ch11, is the absolutely safest place to buy a boat today !![

UNBELIEVABLE


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