General Hobbico Whats The Feeling Or Thoughts You Have?

[tntpoof]

just curious on thought on this company filling chapter 11 after accumulating a 100,000,000 debit..??
do you think its managements fault?
traxxas lawsuit?
or other?
in some other forums you will read all is blamed on traxxas..sorry in no way is this traxxas fault .they are not listed in ch.11 fillings..so how could it be
to me its soly the management not paying there bill
i worked for Highland appliance in the early 80's they hired Fired GE exects that told the mondres to expand they fell for it going from 3 states to over 15 in a year..they went bankrupt in 4 months ..

 

[liquid1]

Not sure but it’s sad to see any co file chapter 11, Hobbico is a force in the industry.

 

[tntpoof]

sorry liquid I don't feel the same.. a force of nonpayment of outstanding bills..100 Million..sad.. now creditors will be lucky to get a few cents on a dollar that's owed to them..the solid brands might be purchased while other stuff will fad away..
when i was 29 a company called Sun industries hired a crew of fabricators to make 45,000 slage catchers for a local steel company then 5 minutes after last weld fired 100% armed gurads escorted Us out .. we could not remove our personal tools...right..so next day we all meet and expunged our stolen personal property no court needed just a pair of bolt cutters..I ran into the foreman a few years later he begged me for a job...I was not nice to him... he then Blew himself up welding on a Gas tank without charging it with Argon b4 striking a arc..By bryan you wont be missed..I worked on My uncles Farm doing the Bolt Gun job from 8 years old to 17 so I'm a bit cold .it was a cattle pig farm..also grand day raised his own chickens for the table in his back yard in the city in the 40's thru 90's..

 

[liquid1]

TNTpoof , I agree I don’t like theives in the night I shoulda said they was once a force in getting the industry expanded, I know all about working hard at a young age, we logged and farmed I was 9 years old or younger pulling winch cables trough rough terrain to attach logs. I dont like seeing any company or small business, farm or industry go under. It causes a ripple effect not good!!

 

[tntpoof]

hay liquid..i worked 4 Cargill from 80-85 harvesting white pines falling and planting seed lings.. it was Roper County sc..Hobbico no titn thing.but iguess lied in Emails or however sub suppliers did business.im sure some was face to face.