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

[John Pavlick]

Well look on the bright side of that situation: they won’t need to pay a lot of tax. 😊

 

John Pavlick

Cell: 203-417-4971

 



Integrated Development Services

 

From: NSRCA-discussion [mailto:nsrca-discussion-bounces at lists.nsrca.org] On Behalf Of Michael Cohen via NSRCA-discussion
Sent: Wednesday, January 10, 2018 8:25 PM
To: General pattern discussion <nsrca-discussion at lists.nsrca.org>
Subject: Re: [NSRCA-discussion] Hobbico Chapter 11????

 

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 <mailto: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 <mailto:nsrca-discussion-bounces at lists.nsrca.org> > on behalf of Ron Hansen via NSRCA-discussion <nsrca-discussion at lists.nsrca.org <mailto: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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