Pantera Molds are for sale
10-16-2017, 05:14 PM
#72
Registered
In less then 15 minutes I found multiple Miami-Dade court judgments against Pantera and various other company names they use for appx $500,000. The most recent was April 2017. The kind of money does not represent a few minor cash flow issues.
VIP Member
10-16-2017, 07:32 PM
#74
Registered
anytime a company goes outta business, everyone and their mother goes after them from the guy emptying the dumpster to the company supplying all the fiberglass for the molds . I would think a company building $150k boat, 500K would be nothing.
10-16-2017, 07:34 PM
#75
Registered
10-17-2017, 01:31 AM
#76
Charter Member # 55
Charter Member
Just how much profit do you think there is in a 150k boat??? I would guesstimate they have 80-100k in materials and subbed out work in a 28 without labor.
When they were building maybe 10-15 boats a year??? That is 500-750k a year to cover the labor costs and all the associated costs of running a business. Not to mention, funding their race boats.
That being said, their business plan was a house of cards.
Deposits for new boats were covering past debts and finishing the builds of the previous buyer's boats that were in line before them.
They moved assets around to make debt collection nearly impossible for those with judgments against them.
10-17-2017, 04:33 AM
#77
Registered
I too owned a 28 Pantera and it was a great boat. I also had talked to Jo and Pepe on the phone several times. They were always helpful.
Just how much profit do you think there is in a 150k boat??? I would guesstimate they have 80-100k in materials and subbed out work in a 28 without labor.
When they were building maybe 10-15 boats a year??? That is 500-750k a year to cover the labor costs and all the associated costs of running a business. Not to mention, funding their race boats.
That being said, their business plan was a house of cards.
Deposits for new boats were covering past debts and finishing the builds of the previous buyer's boats that were in line before them.
They moved assets around to make debt collection nearly impossible for those with judgments against them.
Just how much profit do you think there is in a 150k boat??? I would guesstimate they have 80-100k in materials and subbed out work in a 28 without labor.
When they were building maybe 10-15 boats a year??? That is 500-750k a year to cover the labor costs and all the associated costs of running a business. Not to mention, funding their race boats.
That being said, their business plan was a house of cards.
Deposits for new boats were covering past debts and finishing the builds of the previous buyer's boats that were in line before them.
They moved assets around to make debt collection nearly impossible for those with judgments against them.
10-20-2017, 05:06 AM
#80
Registered
Thread Starter
Join Date: Mar 2011
Posts: 159
Likes: 0
Received 0 Likes
on
0 Posts
want to see the official court papers? or contact my lawyer? would be a better idea to be real instead of being a fan of the greatest fraud family in this industry...
guys pls do not listen to these people who are just fooling around with a keyboard. anyone who is interested can contact me or my lawyer and see the official court papers and the situation etc... do not waste time listening to people who has no idea about the facts.
