Do you know if any employees are going to be available to go back to work there if they do reopen? Seems to me it would be really hard for a new owner to reopen with all new employees.

There were very few employees left and the ones that were there until the end are looking for new jobs since they cannot support their families on unemployment pay.

I agree that it will be difficult for a new owner to re-open with all new employees.

I was surprised TMB was considering PQ since PQ doesn't meet very many of their acquisition criteria as listed on their website. The lack of any employees is just another one off the list so I would not hold out hope that TMB is buying it.

http://www.tmbindustries.com/criteria.htm


Marc

MK
are you the person on the PQ brochure driving the boats??
back in 1998 1998

I agree - good info in the link. There does seem to be some contrasts with their acquisition criteria.

Thanks.

I was one of them - I used a number of employees and friends to help out at the photo shoots.

Unfortunately, it sounds like the end is near. Too bad. They had their place in the industry.

Never lose faith - even if the company is not sold, I bet those molds will be, and the boat will show up somewhere.

All I have to do is buy the Co. and move it down here.
Ok fellow PQ owners lets buy the company together .

It's been done before! BOB

Where do I send my $10. How many shares will that give me??