[NSRCA-discussion] Hobbico Chapter 11????

[Michael Cohen]

Their asset to debt ratio does not look good in some articles, especially if the assets trend to the lower numbers and debt to the higher ones....


Mike C


________________________________
From: Matthew Finley <rcfin02 at msn.com>
Sent: Wednesday, January 10, 2018 8:20 PM
To: Michael Cohen; General pattern discussion; Ron Hansen
Subject: Re: [NSRCA-discussion] Hobbico Chapter 11????

I just read on several places that they are " Restructuring "..... Time will tell I guess.

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From: NSRCA-discussion <nsrca-discussion-bounces at lists.nsrca.org> on behalf of Ron Hansen via NSRCA-discussion <nsrca-discussion at lists.nsrca.org>
Sent: Wednesday, January 10, 2018 8:15:21 PM
To: Michael Cohen; General pattern discussion
Subject: Re: [NSRCA-discussion] Hobbico Chapter 11????

F3A Unlimited will fill the void!!!

Sent from my iPhone

On Jan 10, 2018, at 7:59 PM, Michael Cohen via NSRCA-discussion <nsrca-discussion at lists.nsrca.org<mailto:nsrca-discussion at lists.nsrca.org>> wrote:


So, just saw Hobbico is filing for Chapter 11 bankruptcy.  Since they own Tower Hobbies and Great Planes AND are a distributor of many lines in the US, what does this mean?  I still do buy some things that aren't pattern related and even though some is from the Local Hobby Shops, if distribution is gone, what happens then?


Mike Cohen

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