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news article

Not model or forum specific.

Moderators: DougSea, RobS

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d-jmeyer
Deckhand
Deckhand
Posts: 7
Joined: Sat Dec 01, 2007 5:01 pm

news article

Post by d-jmeyer »

A new article about Albin's closing, for those who are interested:
http://www.eastbayri.com/story/291486455587723.php
RicM
Gold Member
Gold Member
Posts: 1209
Joined: Sat Dec 02, 2006 10:06 am
Location: Wickford RI
Contact:

Mystery

Post by RicM »

It's still a mystery to me, other than to say it must be attributed to eccentric behavior on the part of Fred Peters. There were at least 2 active, interested parties that were trying to buy the company, and he simply refused to answer the phone as I was told. I suppose that any business that is totally owned and operated by one person is subject to the whims of that person, whether they make financial sense or not.
Ric Murray

Big Time, 42' 1993 Jersey Sportfish
Formerly owned Time After Time, 2003 28TE
Wickford RI
Crimepays

Post by Crimepays »

Losing your business, especially one that started, is like losing a child. It takes some time to get over the pain. You recover but you are never the same.

Lets hope the owner rebounds and either gets the business capitolized again or finds an active investor.

David
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