Not Ranked
DV hit the nail on the head. I can't with a good conscience do an asset purchase and leave so many customers holding the bag and having to pay double for parts. Too many of us went through this in the early 90's. I honestly think that if I assume the backorders it will come back to me 3 fold.
The way this was structured was with open orders. The profit from the open orders will fill all backorders. This does add some time for me to get the company in the black but it's well worth it.
joey, I will take the parts from you after the deal is signed.
I hope everyone has some patience once the deal is done. I have to build inventory to supply all the backorders and this will take a little time. There isn't much on the shelf @ Classic right now. We also are going to take on the Badlands and that needs about the same help as the Cobra.
I'll post more details as we move forward.
Don
|