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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal>It’s just a way to stop the bleeding and bring in new money with either an outright sale of the business or through investors. It’s still not a good sign though. It means you’re too big to support yourself. Unfortunately businesses can’t just print more money like the Federal Government does… LOL<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>John Pavlick<o:p></o:p></p><p class=MsoNormal>Cell: 203-417-4971<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><img width=90 height=39 style='width:.9375in;height:.4062in' id="Picture_x0020_1" src="cid:image001.png@01D38AF0.E993AD70" alt=idslogo2><o:p></o:p></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Impact",sans-serif'>Integrated Development Services</span><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><a name="_MailEndCompose"><o:p> </o:p></a></p><span style='mso-bookmark:_MailEndCompose'></span><div><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b>From:</b> NSRCA-discussion [mailto:nsrca-discussion-bounces@lists.nsrca.org] <b>On Behalf Of </b>DaveL322 via NSRCA-discussion<br><b>Sent:</b> Wednesday, January 10, 2018 8:33 PM<br><b>To:</b> Michael Cohen <precisionaero@hotmail.com>; General pattern discussion <nsrca-discussion@lists.nsrca.org><br><b>Subject:</b> Re: [NSRCA-discussion] Hobbico Chapter 11????<o:p></o:p></p></div></div><p class=MsoNormal><o:p> </o:p></p><div><p class=MsoNormal><span style='font-family:"Arial",sans-serif'>The short of it.... Chap 11 is restructuring, not liquidation and out of business. So the most likely scenario (short term at least) is profitable proprietary / exclusive product lines will continue and less profitable ones will go away. </span><o:p></o:p></p></div><div><p class=MsoNormal><o:p> </o:p></p></div><div id="composer_signature"><div><p class=MsoNormal><span style='font-size:9.5pt;color:#575757'>Regards,<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:9.5pt;color:#575757'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:9.5pt;color:#575757'>Dave<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:9.5pt;color:#575757'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:9.5pt;color:#575757'>Sent from my Sprint Samsung Galaxy Note5.<o:p></o:p></span></p></div></div><div><p class=MsoNormal><o:p> </o:p></p></div><div><div><p class=MsoNormal><span style='color:black'>-------- Original message --------<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='color:black'>From: Michael Cohen via NSRCA-discussion <<a href="mailto:nsrca-discussion@lists.nsrca.org">nsrca-discussion@lists.nsrca.org</a>> <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='color:black'>Date: 1/10/18 7:59 PM (GMT-05:00) <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='color:black'>To: NSRCA <<a href="mailto:nsrca-discussion@lists.nsrca.org">nsrca-discussion@lists.nsrca.org</a>> <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='color:black'>Subject: [NSRCA-discussion] Hobbico Chapter 11???? <o:p></o:p></span></p></div><div><p class=MsoNormal><span style='color:black'><o:p> </o:p></span></p></div></div><div id=divtagdefaultwrapper><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:12.0pt;color:black'>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?<o:p></o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:12.0pt;color:black'><o:p> </o:p></span></p><p style='margin:0in;margin-bottom:.0001pt'><span style='font-size:12.0pt;color:black'>Mike Cohen<o:p></o:p></span></p></div></div><div id="DAB4FAD8-2DD7-40BB-A1B8-4E2AA1F9FDF2"><br />
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