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Sad for Pantera

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Sad for Pantera

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Old 12-01-2017, 05:54 PM
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http://jaysugarman.com/2017/12/07/store-fixture-provider-3-2-4-91-282/

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Old 12-01-2017, 07:52 PM
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Isn't Berk the creditor?
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Old 12-01-2017, 09:21 PM
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How much longer will they let them set outside....
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Old 12-01-2017, 09:28 PM
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"Estimated value over 600,000." That'd be a nice dream.

Sad for Pantera but it's no surprise. Hopefully the molds will be snapped up and the boats will be resurrected.

RR
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Old 12-01-2017, 10:00 PM
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I doubt they will even bring 90 grand for all 3 together. If by luck they do or more than that, I will be the first to say Very sorry and I was totally wrong COMPLETELY WRONG.

Is this an Absolute action and without marks climbing the bid numbers that many auctions have in place to get higher valued bids ?

Last edited by BUP; 12-01-2017 at 10:06 PM.
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Old 12-02-2017, 12:16 AM
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6386352370.html
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Old 12-02-2017, 06:16 AM
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What a sad way for what were historic and well built boats to end, sitting and rotting. But I guess that’s how it goes when you run a shady business, sooner or later it’ll catch up.
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Old 12-02-2017, 06:39 AM
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$600K lol, $20k if they were in good condition.
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Old 12-02-2017, 07:26 AM
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Sad day? They were essentially thieves at the end of it. Probably didn't assemble a boat in the last 5-7 years and played games with creditors/lawsuits for years. Those molds are worthless as they are old, they certainly were not maintained and they are for a product that nobody is buying! Imagine you could buy a machine that builds the top of the line VCRs, what would you pay for that? Smart people would pay nothing because nobody is going to buy even a top of the line VCR anymore!

Race history- yep boats were great
I/O performance boats- dead market
Company reputation- not worth much and you probably can't use the Pantera name even if you buy the molds.

The longshot- someone buys the molds and makes an updated OB version of the boats (designed to handle the 4 strokes of today).
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Old 12-02-2017, 07:33 AM
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Originally Posted by JRider View Post
$600K lol, $20k if they were in good condition.
ha if that, they are probably going to have to PAY to get someone to haul them off.
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