[Randall Thomas]

Jamo, the thread has gotten long enough that the focus and patiences have wore thin (and my poor spelling increased!). So to reset the odometer a bit were all on the same page,

----------------------------------------------

Scott Smith wrote - 09-08-2003 12:14 PM
"Well, it had to happen. AC is running an ad in this week's Autoweek offering finished 2000 series and 3000 series rollers for $86K. And, they're offering them as "ORIGINALS."

----------------------------------------------

tainoart wrote - 09-08-2003 01:33 PM
Does anyone know who is the Parent Company for AC?

----------------------------------------------

Dan Semko wrote - 09-08-2003 01:42 PM
You bet! The parent company owner is Jim Price in South Africa who also owns Hi Tech; who supplies Superformance related products in the USA and the world.

----------------------------------------------

BRENTFENIMORE wrote - 09-08-2003 04:44 PM
I think you should all know that AC is not owned by James Price or Superformance. This is directly from the actual owners of AC. I think they will be intrested to find out that Mr. Price has claimed ownership of their company. I will get back to this after I get a word from them on what type of response they would like to give.

----------------------------------------------

Randall Thomas wrote - 09-09-2003 05:26 PM
WORDS from the actual OWNER of AC CARS... Jim Price was called just a few minutes ago, as he is on a business visit to AC in the UK. These words are from Jim Price himself from his hotel room in London, right now...

The facts are that Jim Price has "...acquired from the owners of the AC brand, the sole rights to the intellectual property and tooling for the AC Mk I, Mk II and Mk III rolling chassis built by AC Cars.

Jim has also taken over for his profit or loss, the Frimley factory, the staff and any parts that are required. He also acquired the rights to use the Autocraft brands relative to the Mk I, Mk II and Mk III.

The original AC aluminum bodied rolling chassis will continue to be built in the Frimley factory. whilst Jim's Hi-Tech Automotive plant in South Africa will be building the fiber glass and carbon fiber bodied versions of the AC Mk II and Mk III.

The Frimley AC's will be distributed from the UK until a US distribution network now in the process of being established, is in place. The fiber glass and carbon fiber bodied versions will join their aluminum bodied siblings late in 2003 or in early 2004..." There you have it.

==========================

As it was stated by Jim, he stated he has acquired , the sole rights to the intellectual property and tooling for the AC Mk I, Mk II and Mk III rolling chassis built by AC Cars as well as taken over for his profit or loss, the Frimley factory, the staff and any parts that are required and has acquired the rights to use the Autocraft brands relative to the Mk I, Mk II and Mk III.

Beyond that, my use of the phrase ownership was simply referring to those sole rights acquired as mentioned above by the statement Jim himself made, and those were also what Brent was responding to. But it may appear that the in between comments and additions from others contributing made it difficult to follow who was responding to what. Other than what Jim has provided, I really do into know one way or another as I've stated.

In any case, if one sits back and looks at this, this should not even be the topic for a discussion, just like it woudn't for third parties trying to decide who really owns your car. In that light I will try to get a statement from Jim Price and Alan Lubinsky regarding the exact details of AC that can be acurately and confidently referenced in the future if and when this topic may arrise. Fair nuff?

And, if Brent plans on wriggling out of my visit and diverting from having to absorb at least ten tasty drinks from the local distillery, that still stands. Remember Brent, I am buying no matter what!! ;-)

/Randall