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-   -   Hobbico bankrupcty (http://www.oldrocketforum.com/showthread.php?t=17069)

neil_w 01-10-2018 03:49 PM

Hobbico bankrupcty
 
This is very worrying.

http://www.news-gazette.com/news/lo...yoffs-next.html

astronwolf 01-10-2018 05:06 PM

Quote:
Originally Posted by neil_w

Very. Estes could be shut down in a few months from now.

Chas Russell 01-11-2018 10:14 AM

Estes will mostly likely be sold to generate funds to pay off creditors.

Rumors are in the ether. No, I don't have details.

Chas

neil_w 01-11-2018 10:51 AM

Quote:
Originally Posted by Chas Russell
Estes will mostly likely be sold to generate funds to pay off creditors.

Likely, but you never know (and at this point, *cannot* know) how the buyer is going to manage the business.


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