[poncho62]

Originally Posted by Centerline

That's what they said when CMC was convicted of wire fraud and the state closed them down. Guess what.... they opened up with the same owner, same sales staff, same employees, same slimy company.....just a different name.

That is something about this has always bothered me a bit.......Do the employees realize whats going on here, and how can they keep working for these guys if they do know?.....Pretty hard not to know, I would think

[pepi]

Oh I can answer that one poncho

it is really simple it is called making a living and paying bills. The employees have no other choice,
consider your same question and wonderment, then replace the word CMC or street beast substitute the word government ....... see all the same.

[JGK95]

Originally Posted by Centerline

That's what they said when CMC was convicted of wire fraud and the state closed them down. Guess what.... they opened up with the same owner, same sales staff, same employees, same slimy company.....just a different name.

Perfectly stated.

What I was implying was that there should be "NEW" ownership, not anything owned by Levin or any shell company game created by him.

As far as the employee base...

Originally Posted by pepi

Oh I can answer that one poncho

it is really simple it is called making a living and paying bills. The employees have no other choice,
consider your same question and wonderment, then replace the word CMC or street beast substitute the word government ....... see all the same.

Pepi hit the nail on the head.

[59 wagon man]

in todays sun sentinal things are not looking to rosey for mr.levin,seems he is going to have to part with a whole lotta money as a result of the rothstein ponzi scheme

[59 wagon man]

according to the sun sentinal today after an initial payment of $5,000,000 it seems as though Mr. levin has agreed to a very healthy settlement in bankruptcy court with the remaining assets to be sold off at which time he will give up 85% of his finances while retaining his home and $750,000

[pepi]

That is why so many crooks live in Fla. they can not take the homes, steal your money build a big house and live happily ever after.. The sunshine state .

[JGK95]

I wonder if this means good things for the hard working people at Streetbeasts?

Perhaps Bob Southern will be able to run the shop as he's always wanted to and correct the many wrongs others have encountered. I personally know Bob's good peoples as he's who I worked with to get my remaining parts for our '34 Ford back in Feb. of this year.

Jay K.

[trees]

Wonder if Levin's scumbag lawyers are willing to continue the lawsuit against Jon? The timing should be ripe for Jon's attorneys to call for dismissal of all charges and file for reclamation of all expenses!!

Trees

[OneMoreTime]

Originally Posted by trees

Wonder if Levin's scumbag lawyers are willing to continue the lawsuit against Jon? The timing should be ripe for Jon's attorneys to call for dismissal of all charges and file for reclamation of all expenses!!

Trees

The lawyers may not wish to proceed as how are they to be paid if Levin is bankrupt and if he no longer owns Streetbeast so he would have no further interest. As far as the dispositon of Streetbeast most likely the assets will be sold at auction to highest bidder and what that individual will do is unknowable at this time. Most likely the auctioneer will break it into lots consisting of real estate, tooling, inventory, office equipment and other misc items so we have likely seen the end of Streetbeasts.

Sam

[Centerline]

Originally Posted by OneMoreTime

................so we have likely seen the end of Streetbeasts.

Sam

On behalf of the entire industry.... WE CAN ONLY HOPE!

[NEW INTERIORS]

Yes But he can also come back Even stronger after bankrupt..Most people that file bankrupt (with money) know what to do after and before..I guess he will walk away ''Again''...


Seems Like he has been down this road before..

[59 wagon man]

according to mr levin he was personally worth $100,000,000 court says he keeps his house and the first $750,000 after that everything is sold and he gets 15% still leaves him at least $15,000,000

[Crosley]

Time will tell here on what the Gubmint and courts decide on ol George Levin and the settlement

[JGK95]

Originally Posted by Centerline

On behalf of the entire industry...

For your sake, you better hope they DON'T close.

Without them, who ya gonna rail against!?

[Centerline]

Originally Posted by JGK95

For your sake, you better hope they DON'T close.

Without them, who ya gonna rail against!?

Hard to say.

Streetbeast's sales tactics and customer service are/were by far the worst in the industry. That's not to say there still aren't some shysters out there, just none on the scale of Streetbeast. Hopefully, if and when the assets are sold whoever purchases them will continue to do business but with a bit more integrity and a healthy dose of honesty. Also an update to the overall design of several of their products wouldn't hurt either.