The article says...
"Boat builder Challenger Powerboats, Inc. and its wholly-owned subsidiaries, IMAR Group, LLC and Marine Holdings, Inc., each filed voluntary petitions for relief under Chapter 7 of the United States Bankruptcy Code on April 25, according to an SEC form 8-K filed earlier...
Alright, alright...
We all know Gus has been working on his Checkmate Trimate for years now, for so many years now, we've all lost track. And we all know he's pointed to a number of reasons for the holdup. I think the latest was he had to take a trip to get the champagne for the launch.
It's...
Another one bites the dust.
Challenger Powerboats Inc. has filed for bankruptcy protection and is expected to cease operations.
Full link to article below.
http://www.boating-industry.com/output.cfm?id=1597033
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