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Old 08-05-2002 | 02:17 PM
  #28  
EASYTIGER
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Default RTI

Yes. Don't even ASK Carlos to honor your warranty. I know albert said a week back that he was "setting up" a seperate repair shop, but the reality is Carlos did it on his own, and he had already told me about it(and I had posted it here) before Albert said anything about it.
Carlos' place is a totally seperate entity. He was able to pick up the engines from the RAM factory because of his previous relationship with RAM, and because he lives nearby, but he is not the RAM warranty center.
The guy is VERY sharp when it comes to turbines, he really knows his stuff. He sorted out a tricky problem for me in two minutes over the phone, never asked for a dime.
I have to agree with Tony F.s post, too. I think, from what I have heard, and Albert's own words, that the debts accrued by RAM are pretty massive, and your chances of getting anything back are pretty slim, unless you really bulldog it. You have to get in line behind the bigger creditors in a situation like this.
It sucks, yes.
Bigjet, if I were your friend, I would cancel the charge right away. That's a tough situation.
I don't think anything substantive is going to rise from the ashes, here. In Albert's own words, he could not find a buyer for the company. I don't think the assets(the name, whatever machinery exists(they leased everything), whatever engines in stock that are unsold) could ever come anywhere NEAR the $2million in debt that Albert claimed. If you were another manufacturer, or looking to get into the business, why would you want to buy into that kind of debt? Can we be realistic here?