Shell Valley Co. is no longer in operation.

[Venamm]

Chatted with Jason yesterday and today in detail. Some points mentioned previously by others, this is how it stands.

1- A selected few are still working to simply ship out last remaining orders on the shelf and nothing else is being entered

2- Rich tried to get help from his bank and other banks but they refused (all banks want nothing to do presently with auto related industry )

3- He wrote and left numerous messages with his Senator asking for a piece of this so called "bail out" since he was lumped into the auto high risk category from the banks. THE SENATOR DIDN"T RESPOND

4- Rich was nice enough to his employees that he provided them notice of the obvious writing on the wall, and to start looking for employment fast, and to also remove any personal car parts that they had lying around.

5- There is a rumour that a few people have displayed interest in the company as a purchase (maybe for .10 on the dollar) instead of parting all out to auction. Right now that's a rumour in the office. Even if so, most of the staff have lunged for life rafts.The bank and auction are badging it FOR SALE first before auction.

I do hope that someone buys the firm and keeps it alive. SV produced a great body and it's parts catalogue was superior.

For Rich, we hope all the best for the issues he deals with at home.