so they filed for bankruptcy
#131
#132
Thread Starter
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Joined: Feb 2002
Posts: 5,008
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From: Traverse City, Michigan
"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 ?
Another fiasco, guess what company this flag waver supported ?
#133
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Joined: Feb 2009
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From: MIAMI
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 !!
In other words, Pantera, in Ch11, is the absolutely safest place to buy a boat today !!
#134
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From: Traverse City, Michigan
Why ?Would the court send people to work on the boat and provide money to buy materials ?
#135
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From: MIAMI
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 $$$. So thats why a ch11 company is a safe place to purchase.
.... or if there was cash flow, which pantera obviously does not have with all these bs threads; a supposed expert would come to manage these $$$. So thats why a ch11 company is a safe place to purchase.
#136
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Joined: Jun 2005
Posts: 3,214
Likes: 6
From: west palm beach FL,
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 $$$. So thats why a ch11 company is a safe place to purchase.
.... or if there was cash flow, which pantera obviously does not have with all these bs threads; a supposed expert would come to manage these $$$. So thats why a ch11 company is a safe place to purchase.
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 ?
#137
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Joined: Oct 2005
Posts: 5,825
Likes: 612
From: Clarkston, Michigan
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 $$$. So thats why a ch11 company is a safe place to purchase.
.... or if there was cash flow, which pantera obviously does not have with all these bs threads; a supposed expert would come to manage these $$$. So thats why a ch11 company is a safe place to purchase.
#139
LOL! Nobody is going to buy a new powerboat from Pantera after they learn the truth about them!!!!!
#140
[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 !

