Lake Cumberland Marine
Is it true

Pineville, KY

#1 Nov 8, 2008
Any know anything about Lake Cumberland Marine take over?
Concerned

Pineville, KY

#2 Nov 8, 2008
I heard they were going out of biz, any news, anyone!
On the Lake

Pineville, KY

#3 Nov 8, 2008
If so I need to get my boat, does anyone know for sure this is true?
Boater

Dahlonega, GA

#4 Nov 9, 2008
If your boat is there all you have to do is call the office Monday morning or go get it asap!!! I have not heard this but there are some problems but I think it is more on the personal level. I wouldn't panic too bad yet.
Jet Ski Rider

Pineville, KY

#5 Nov 9, 2008
I heard Friday, and let me make this clear, it was not from a reliable source, they were $40M behind and the bank was coming in taking control of all operations on Monday 11/10.
buttermilk biscuits

Somerset, KY

#6 Nov 9, 2008
I saw the multi million dollar Viking boat come out of the water the other day.

Level 8

Since: Sep 08

Location hidden

#7 Nov 9, 2008
Jet Ski Rider wrote:
I heard Friday, and let me make this clear, it was not from a reliable source, they were $40M behind and the bank was coming in taking control of all operations on Monday 11/10.
$ 40 M ?? Wow - Is that accurate or was it 40K ?? Either way , it's a bunch -
Riding in the Wind

Pineville, KY

#8 Nov 9, 2008
Knowitall9 wrote:
<quoted text>$ 40 M ?? Wow - Is that accurate or was it 40K ?? Either way , it's a bunch -
40 MILLION DOLLARS isn't much considering a Fountian boat starts at $250K-500K (Thousand) It wouldn't take long to get to $40 Million Dollars.

I guess this is what the wild party life does, wild women, parting, high rolling it = financial disaster.
buttermilk biscuits

Somerset, KY

#10 Nov 9, 2008
I cant see a bank letting anyone get 40 million behind.
Big Boater

Finley, TN

#11 Nov 10, 2008
Not True! They are doing really well actually, especially during a financial crisis this country is going through!

Level 8

Since: Sep 08

Location hidden

#14 Jan 26, 2013
40 M would raise the Arizona - 400K sounds more in line - It was a nice boat / ship -

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