FarmTrac Troubles
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ALRIGHT!!! HERE IT IS!!! FARMTRAC NATIONAL DEALERS MEETING WILL BE AT THE COMFORT INN TARBORO, NC ON APRIL 24th, 2008 AT 7:00 PM. ROOMS WILL BE DISCOUNTED TO $53.00 PER NIGHT FOR FARMTRAC DEALERS
CONTACT VIRGINIA KAY CRISP AT COMFORT INN IN TARBORO AT (252) 824-0088 FOR RESERVATIONS OR SEND ME A PM. SPREAD THE WORD AND TRY TO BE THERE!!!!!!!!!!!!!!!!!!!
CONTACT VIRGINIA KAY CRISP AT COMFORT INN IN TARBORO AT (252) 824-0088 FOR RESERVATIONS OR SEND ME A PM. SPREAD THE WORD AND TRY TO BE THERE!!!!!!!!!!!!!!!!!!!
Tommybr I am interested in the meeting, we have been trying to hang on outhere. Dealers and Customers need something, I have spent hours trying to help customers. They need something and we need something. I will be THERE!!!! Let Me Know what I Can do!
Also, I just wanted to say to everyone, thank you for hanging in there with us. As a Dealer we know you had a choice of where to buy your tractor. Farmtrac Tractors are not the problem, it is Farmtrac NA and the LIES
Dealers are hurting and so are our customers.
Also, I just wanted to say to everyone, thank you for hanging in there with us. As a Dealer we know you had a choice of where to buy your tractor. Farmtrac Tractors are not the problem, it is Farmtrac NA and the LIES
Dealers are hurting and so are our customers.
country69
Member
i had heard that alot of the farmtrac territory managers had went to Montana now? i no that one for sure has.
18 hours away, I will be there. From the sound of Gurkins late letter he does not want to meet with us all. Is this true? All dealers have the right to be at this meeting and we deserve some answers or at least something other than "Thanks for hanging in there" That just does not cut it anymore!
Case
Case
SESS
Gold Member
tommybr said:
No chance of Farmtrac power people or any territory managers being there?? TM's are probably just as lost as the dealers are!
Hello all:
The efforts of many to confront Gurkin in person on April 24 are commendable. Unlike roughly 180 Farmtrac workers who've rolled over and given up like silent lambs led to the slaughter, the dealers do not to intend to go down quietly!
I do not claim to be an attorney, but... the idea that the auctioneer and the person who is performing wall-to-wall inventory of Farmtrac property are the same person seems to be a *glaring* conflict of interest.
Add the abnormally hurried effort to complete the auction ... and it smells of something really really rotten.
Is Gurkins' plan to auction the stuff off dirt cheap (possibly to himself through a 'partner'?), resell it at a higher rate and scoop up the profits?
If Gurkins (or a 'partner' of his) doesn't end up buying the equipment, he takes the auction fees (plus payroll wages for his weeks on-duty) and goes home. And the funds from the auction... are applied by the receiver to the outstanding debt of the secured loan *first*... unsecured loan(s) second [if any], then those who finance persons deem as smaller on the food chain... like suppliers, dealers, etc...
After all that, I'm sensing the receiver is going to slam the door shut, declare Chapter Seven and leave us dealers twisting in the wind and the employees with no compensation of any kind (some of 'em have saved *eons* of vacation and sick time).
What am I missing? Or inaccurate about?
And what can be done to keep this from happening?
--blueliner
The efforts of many to confront Gurkin in person on April 24 are commendable. Unlike roughly 180 Farmtrac workers who've rolled over and given up like silent lambs led to the slaughter, the dealers do not to intend to go down quietly!
I do not claim to be an attorney, but... the idea that the auctioneer and the person who is performing wall-to-wall inventory of Farmtrac property are the same person seems to be a *glaring* conflict of interest.
Add the abnormally hurried effort to complete the auction ... and it smells of something really really rotten.
Is Gurkins' plan to auction the stuff off dirt cheap (possibly to himself through a 'partner'?), resell it at a higher rate and scoop up the profits?
If Gurkins (or a 'partner' of his) doesn't end up buying the equipment, he takes the auction fees (plus payroll wages for his weeks on-duty) and goes home. And the funds from the auction... are applied by the receiver to the outstanding debt of the secured loan *first*... unsecured loan(s) second [if any], then those who finance persons deem as smaller on the food chain... like suppliers, dealers, etc...
After all that, I'm sensing the receiver is going to slam the door shut, declare Chapter Seven and leave us dealers twisting in the wind and the employees with no compensation of any kind (some of 'em have saved *eons* of vacation and sick time).
What am I missing? Or inaccurate about?
And what can be done to keep this from happening?
--blueliner
Welcome Blueliner, unfortunely, I'm afraid you have come closer to the truth than any of us wish to admit,however,as an old Texas Ranger captain once said"it's impossible to beat someone who won't quit and keeps on coming" at this point Idon't see any dealers quitting and MR Gurkins, HERE WE COME.blueliner said:
----Taxpayer