Estes operates out of Colorado. It is one of the Hobbico divisions that builds something rather than distributing it.
The 401K/Stock gimmick would be the worse problem since stock fraud would be an expensive charge to fight in court.
I hope Aerotech gets its alternate engine operations going. Estes may be restricted to buying supplies using cash on hand (of which they may not have much if any available).
On Facebook, John Boren (Estes Designer) shared this post:
Estes operates out of Colorado. It is one of the Hobbico divisions that builds something rather than distributing it.
ReplyDeleteThe 401K/Stock gimmick would be the worse problem since stock fraud would be an expensive charge to fight in court.
I hope Aerotech gets its alternate engine operations going. Estes may be restricted to buying supplies using cash on hand (of which they may not have much if any available).
It would be interesting to know how Estes operates when it comes to finance. Maybe it's time to stock up on motors.
DeleteClaudia's bank holds the account for Tower Hobbies. Things are about to get really busy for that account manager.
ReplyDeleteUgh. I guess it's time to do multiple HL runs for motors and igniters.
ReplyDeleteThat is Very Sad news.
ReplyDelete