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Ch. 7 Bankruptcy Filed 9/6/18

Discussion in 'Pelfreybilt Off-Road' started by T4RFTMFW, Sep 8, 2018.

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  1. Sep 12, 2018 at 10:29 AM
    #1501
    batacoma

    batacoma Truck Wars

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    Wish I would have seen your post last year when you got the wrong one by mistake.
     
  2. Sep 12, 2018 at 10:31 AM
    #1502
    16Tacos

    16Tacos Well-Known Member

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    I still don't understand how they ran out of money if they don't even produce the bumpers themselves. There is no way they could have run through all that money just by placing orders with Lasernut and whatever it costs them to weld on the hoops. Perhaps they got in over their head with the new bumper development, but that should have been done with money not sourced from deposits from orders for existing products. The rub for me is that they started asking people to pay by ACH after they knew they had issues, and then when they knew they were either going to have file bankruptcy or get outside investors to kick in $ (only two options) they told people to hold off on requesting refunds without telling them that if the investor meeting doesn't go well they would be forced to file bankruptcy. The group buy from HI and the just the way they took pre-orders for the new bumper also raises red flags for me. All together it just smells like fraud.
     
  3. Sep 12, 2018 at 10:35 AM
    #1503
    tdnick

    tdnick Go Vols!

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    No doubt. I think you have a career in analytics ahead of you.
     
  4. Sep 12, 2018 at 10:39 AM
    #1504
    TacomaGuy23

    TacomaGuy23 Well-Known Member

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    Dirt King Long Travel, URD Supercharged
    Been monitoring this very closely. Locked Off-road wants to help anyone out who was affected by this. We are a little low on inventory but we have a shipment of everything on order and will be here October 1st. So if you have interest, we can start shipping everything October 2nd. We will do 20% off.

    Here is the link to our website : http://lockedoffroad.com/

    If you want in, PM me and we can get squared away and I will keep a running tab of what everyone wants.
     
  5. Sep 12, 2018 at 10:39 AM
    #1505
    scocar

    scocar hypotenoper

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    BUT WHAT ABOUT INSTANT GRATIFICATION FOR INSTAGRAM?

    Have you considered offering vinyl wraps for the tailgate that looks like dual swingouts?

    You're welcome. Standard royalties apply.
     
  6. Sep 12, 2018 at 10:44 AM
    #1506
    scocar

    scocar hypotenoper

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    I'm sure Toyota will have to sell off the Tacoma line to stay afloat.
     
    DoorDing and gunn_runner like this.
  7. Sep 12, 2018 at 10:45 AM
    #1507
    scocar

    scocar hypotenoper

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    Holy fuck this thread was better when it was locked.
     
  8. Sep 12, 2018 at 10:49 AM
    #1508
    ETXTacoma

    ETXTacoma Someone gave me a plasma cutter.

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    Dynatrac ProRock 60 Rear Axle, that is important enough.
    Adding both of you to this thread if that is ok...

    https://www.tacomaworld.com/threads/pelfrey-informational-thread-one-post-condensed-version.567463/
     
    BVita and RelentlessFab[QUOTED] like this.
  9. Sep 12, 2018 at 10:49 AM
    #1509
    TacomaGuy23

    TacomaGuy23 Well-Known Member

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    ETXTacoma[QUOTED] likes this.
  10. Sep 12, 2018 at 10:59 AM
    #1510
    Bastek

    Bastek Average Member

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    :thumbsup:
     
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  11. Sep 12, 2018 at 11:01 AM
    #1511
    RelentlessFab

    RelentlessFab Eric @Relentless Fab Vendor

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    Relentless Armored! Too many others to list.
    Blackout14 and ETXTacoma[QUOTED] like this.
  12. Sep 12, 2018 at 11:34 AM
    #1512
    JustEd

    JustEd Well-Known Member

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    To date if you have or have not received your funds back I STILL need to here from you criminal investigation is underway. I need your contact information first and last name, an email address you can be reached at and a phone number you can be contacted at.

    Thank you all
     
  13. Sep 12, 2018 at 11:40 AM
    #1513
    blackohio

    blackohio Well-Known Member

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    just got my paperwork for the ch7 filing. its official.
     
  14. Sep 12, 2018 at 11:43 AM
    #1514
    Sociopenguin

    Sociopenguin 2 Fang Engineering

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    Strange question.....I received a letter informing me of the Chapter 7 filing.
    I have received my products, last pieces in April.
    No monies owed. No products not provided.
    Am I listed just so I am aware they filed for bankruptcy??
     
    Marioso likes this.
  15. Sep 12, 2018 at 11:47 AM
    #1515
    Marioso

    Marioso Risueno

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    I received one too. Anyone who purchased anything recently like I did will be getting one too. Even if you received the product.
     
  16. Sep 12, 2018 at 11:49 AM
    #1516
    DVexile

    DVexile Exiled to the East

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    Hey, but now you can say IATL. That’s a rare thing...
     
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  17. Sep 12, 2018 at 11:50 AM
    #1517
    Sociopenguin

    Sociopenguin 2 Fang Engineering

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    Asked my boss about it, said maybe so you know that warranties and claims will go unanswered kinda stuff???
     
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  18. Sep 12, 2018 at 11:52 AM
    #1518
    Marioso

    Marioso Risueno

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    Perhaps. Does anyone have the list of creditors? I’m wondering if the 600 on that list include people that have received their goods.
     
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  19. Sep 12, 2018 at 11:54 AM
    #1519
    Bluegrass Taco

    Bluegrass Taco Politically incorrect low tech redneck

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    Based on how the business was ran , no telling how accurate and/or current record keeping is.....

    Now I'm interested to see how far back they go. Probably callender year 2018....my last dealing with them was in October of 2017
     
  20. Sep 12, 2018 at 11:59 AM
    #1520
    Sociopenguin

    Sociopenguin 2 Fang Engineering

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    I found a link to a site where you could view it, can't remember what it was. I was at home. But I'm on it and haven't dealt with them since April.
    It was on one of the threads on here...
     
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