VPRC -Is this another company gone???

[G'ginna]

Another unhappy customer that got screwed.
Race Ads | For Sale: wanted the guy that has my rear

the man said he hadn't been aware of recent changes but that they had been good in business before. he has even left mater because of an apparent lack of civility and rudeness. yet, here you are still trying to rub his nose in it...

 

[None]

But things have gone wrong in a big way in the last 6 months and many customers have been left holding the bag. Just like Evan Knoll the true will come out over time.

What ever happened to all those Evan Knoll butt kissers that were on this site? Oh yeah, many of them are still around.

 

[Ken]

This happens all the time with big ticket manufacturing. If customer payments start being late or people walk away owing money, the cash flow slows. So you start using a revolving line a credit to pay for materials and parts to complete a job. Once the line of credit drys up, people make the mistake of using new customer deposits to pay for parts to finish the jobs in progress. Eventually, the lack of cash flow catches up to you and you can't pay the bills, suppliers put you on a "cash up front" deal before they send you materials, and then you're out of business because you can't get what you need to build the cars and pay the workers. Unfortunately, alot of folks get stuck with money out and nothing to show for it.

If you're spending big money up front, make the builder purchase a performance bond to protect your investment in the event the builder can't complete the contract.

 

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the man said he hadn't been aware of recent changes but that they had been good in business before. he has even left mater because of an apparent lack of civility and rudeness. yet, here you are still trying to rub his nose in it...

I couldn't give a rip less about him, he had been acting like a crybaby lately anyway. I was posting it for everybody else to read.

 

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Another happy customer:
Yellow Bullet Forums - View Single Post - vanishing point race cars/vanishing jim geese