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Genmar Files Chapter 11
On Jun 2, 9:03*am, Wizard of Woodstock wrote:
On Mon, 01 Jun 2009 21:08:03 -0400, HK wrote: He said the bankruptcy filing will allow Genmar to put together a business plan that will resolve the loan issue with Wells Fargo. “We believe that once Genmar exits Chapter 11 we will be a better and stronger company than ever before,” he said. Crap - I'm in the market for a Ranger bass boat. That does not bode well for Ranger - being an upscale type bass boat, I can't imagine them closing downt the line, but there have been rumors about that so they can concentrate on Stratos and Champion. Damn - not good news - Jacobs is a moron and it wouldn't surprize me if he shuttered Ranger. Either that or downgrade the quality. Now I gotto go looking at Nitros? *EEEWWWWWW......... *:) Stratos |
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