Notices
Mid-Atlantic Maryland, Virginia, West Virginia, Washington D.C.

All new AAM Competition, LLC Launch

Thread Tools
 
Search this Thread
 
Old 04-19-2010, 10:26 AM
  #61  
matt240sx
Registered User
iTrader: (2)
 
matt240sx's Avatar
 
Join Date: Apr 2007
Location: maryland
Posts: 168
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by 03threefiftyz
Default on loans, sued by customers, etc.........just change the name and move from the property being garnished........

I am on of the past employees with a lawsuit against AAM. I'm guessing this is why he dodged the Sherif when they tried to serve him. The States Attorney filed in court without him and I won judgement. They are in the process of getting a lean on his assests, does anyone with any law expereince know if I'm ever going to see any money since he apparently went belly up? The case has been 3 years in the works because he doesn't respond to anything from the states attorney or court. When I last talked to the States Attorney she said he can dodge 2 more hearings then they can issue a warrant for his arrest.
Old 04-19-2010, 10:41 AM
  #62  
Jgrizzle
Registered User
iTrader: (7)
 
Jgrizzle's Avatar
 
Join Date: May 2008
Location: Hamsterdam, Baltimore
Posts: 3,797
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by matt240sx
I am on of the past employees with a lawsuit against AAM. I'm guessing this is why he dodged the Sherif when they tried to serve him. The States Attorney filed in court without him and I won judgement. They are in the process of getting a lean on his assests, does anyone with any law expereince know if I'm ever going to see any money since he apparently went belly up? The case has been 3 years in the works because he doesn't respond to anything from the states attorney or court. When I last talked to the States Attorney she said he can dodge 2 more hearings then they can issue a warrant for his arrest.
Probably should wait to talk about pending legal stuff until its all over with.... Just my .02
Old 04-19-2010, 10:46 AM
  #63  
bb1314
da Terminator!
iTrader: (62)
 
bb1314's Avatar
 
Join Date: Apr 2006
Location: Rockville, MD
Posts: 9,299
Likes: 0
Received 1 Like on 1 Post
Default

I cannot wait for another Mike@Altered going on a cruise with his buddies thread. That was as epic as Kobe Bryant's sex scandal.
Old 04-19-2010, 12:04 PM
  #64  
NX2KDET
Cpt. Nauti Raw
iTrader: (10)
 
NX2KDET's Avatar
 
Join Date: Aug 2007
Location: McLean, VA
Posts: 1,219
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by bb1314
I cannot wait for another Mike@Altered going on a cruise with his buddies thread. That was as epic as Kobe Bryant's sex scandal.
Still the #1 reason why I have my user title and will never change it.
Old 04-19-2010, 12:24 PM
  #65  
matt240sx
Registered User
iTrader: (2)
 
matt240sx's Avatar
 
Join Date: Apr 2007
Location: maryland
Posts: 168
Likes: 0
Received 0 Likes on 0 Posts
Default

I was on that boat ugghhhhhhh....... After I saw the pictures I scrubbed myself with rubbing alchol
Old 04-19-2010, 12:59 PM
  #66  
Barnabas
National Z Club President
iTrader: (15)
 
Barnabas's Avatar
 
Join Date: Sep 2008
Location: the coolest place on earth
Posts: 9,952
Likes: 0
Received 2 Likes on 2 Posts
Default

What is this cruise and pictures?? I missed out on that... anyone post links??
Old 04-19-2010, 01:09 PM
  #67  
MDHRZ
Registered User
Thread Starter
iTrader: (14)
 
MDHRZ's Avatar
 
Join Date: Apr 2008
Location: Southern MD
Posts: 4,026
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Jgrizzle
Probably should wait to talk about pending legal stuff until its all over with.... Just my .02
It's public information .
Old 04-19-2010, 01:18 PM
  #68  
pfregeolle
New Member
iTrader: (15)
 
pfregeolle's Avatar
 
Join Date: Dec 2007
Location: The Shop™
Posts: 3,415
Received 12 Likes on 11 Posts
Default

Based on what I've HEARD about Mike@Altered.....you don't want pix....HAHAHA
Old 04-19-2010, 01:30 PM
  #69  
IIQuickSilverII
New Member
iTrader: (13)
 
IIQuickSilverII's Avatar
 
Join Date: Oct 2005
Location: Arizona -InP-
Posts: 14,613
Received 215 Likes on 184 Posts
Default

Originally Posted by matt240sx
I am on of the past employees with a lawsuit against AAM. I'm guessing this is why he dodged the Sherif when they tried to serve him. The States Attorney filed in court without him and I won judgement. They are in the process of getting a lean on his assests, does anyone with any law expereince know if I'm ever going to see any money since he apparently went belly up? The case has been 3 years in the works because he doesn't respond to anything from the states attorney or court. When I last talked to the States Attorney she said he can dodge 2 more hearings then they can issue a warrant for his arrest.
cant speculate much, but i think thats one of the things you gain from reoganization.... it protects you from creditors good luck
Old 04-19-2010, 01:40 PM
  #70  
Barnabas
National Z Club President
iTrader: (15)
 
Barnabas's Avatar
 
Join Date: Sep 2008
Location: the coolest place on earth
Posts: 9,952
Likes: 0
Received 2 Likes on 2 Posts
Default

I stopped by today and got some information.

* Altered Atmosphere did not file bankruptcy
* They did not go out of business because of the Mid-A reputation or because of the economy like others have suggested. They were always booked solid until the day they closed up the last shop
* Mike no longer owns the company, but he still works there
* Their main focus will be R&D and mass producing parts and turbo kits
* Less focus on labor and installs with only 3 lifts dedicated to customer install. Less quantity, higher quality.
* A separate room with 2 or 3 lifts dedicated for R&D
* The new shop is MUCH bigger than the old shop
* They retained their machinist, fabricators as well as core staff (clint, jon, ect ect). The machinist was busy milling a new GTR plenum on the big CNC machine.
* They are open but still alot of work to be done before things go into full swing, maybe a month or so

Not trying to promote anything just sharing what I saw and found out first hand.
Found this on the G forums...
Old 04-19-2010, 02:41 PM
  #71  
MDHRZ
Registered User
Thread Starter
iTrader: (14)
 
MDHRZ's Avatar
 
Join Date: Apr 2008
Location: Southern MD
Posts: 4,026
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by Barnabas
Found this on the G forums...
I believe half of that...
Old 04-19-2010, 02:43 PM
  #72  
Barnabas
National Z Club President
iTrader: (15)
 
Barnabas's Avatar
 
Join Date: Sep 2008
Location: the coolest place on earth
Posts: 9,952
Likes: 0
Received 2 Likes on 2 Posts
Default

I am not sure I believe even half...

points 1,2,3 and one before last seem really fishy and suspicious
Old 04-19-2010, 07:32 PM
  #73  
TwoFiveBar
Registered User
 
TwoFiveBar's Avatar
 
Join Date: Apr 2010
Location: Maryland
Posts: 35
Likes: 0
Received 0 Likes on 0 Posts
Default

---

Last edited by TwoFiveBar; 03-09-2012 at 07:43 AM.
Old 04-19-2010, 08:11 PM
  #74  
IIQuickSilverII
New Member
iTrader: (13)
 
IIQuickSilverII's Avatar
 
Join Date: Oct 2005
Location: Arizona -InP-
Posts: 14,613
Received 215 Likes on 184 Posts
Default

dont mean to single out barnabas too.....but he is getting info from not even 2nd hand but most likely 6th hand rehashing stuff from years ago...but ovbiously not well informed if he doesnt know about the "pics nutiR of boat"..()..He seems more like latching on to what his friends say about this......i know a lot about some of the older drama...but since clint has been there hes worked hard to improve thing...the reorganization seems to point that aam will focus on what they do better....manufacturing...rather tha # of builds......

Last edited by IIQuickSilverII; 04-19-2010 at 08:14 PM.
Old 04-20-2010, 02:49 AM
  #75  
MDHRZ
Registered User
Thread Starter
iTrader: (14)
 
MDHRZ's Avatar
 
Join Date: Apr 2008
Location: Southern MD
Posts: 4,026
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by TwoFiveBar
Why? For what reason do you believe those points to be fishy and suspicious?
* Altered Atmosphere did not file bankruptcy
How will they pay all of that money back?

* They did not go out of business because of the Mid-A reputation or because of the economy like others have suggested. They were always booked solid until the day they closed up the last shop
Then why was the shop name changed and why did they move? Debt?

* Mike no longer owns the company, but he still works there
Who owns the company now?

* Their main focus will be R&D and mass producing parts and turbo kits
I kind of believe this. Will AAM actually sell the turbo kits without requiring the customer to have the install done there?
Old 04-20-2010, 03:09 AM
  #76  
MDHRZ
Registered User
Thread Starter
iTrader: (14)
 
MDHRZ's Avatar
 
Join Date: Apr 2008
Location: Southern MD
Posts: 4,026
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by TwoFiveBar
Where do you get your information?
Attached Thumbnails All new AAM Competition, LLC Launch-post-108813-1136868942.jpg  
Old 04-20-2010, 08:05 AM
  #77  
RaeZ
Registered User
 
RaeZ's Avatar
 
Join Date: May 2009
Location: Pasadena, Maryland
Posts: 207
Likes: 0
Received 0 Likes on 0 Posts
Default

Didn't some post a MD case search link regarding the bankruptcy ? lol
Old 04-20-2010, 08:41 AM
  #78  
MDHRZ
Registered User
Thread Starter
iTrader: (14)
 
MDHRZ's Avatar
 
Join Date: Apr 2008
Location: Southern MD
Posts: 4,026
Likes: 0
Received 0 Likes on 0 Posts
Default

Originally Posted by RaeZ
Didn't some post a MD case search link regarding the bankruptcy ? lol
http://casesearch.courts.state.md.us...uiry-index.jsp
Old 04-20-2010, 09:00 AM
  #79  
.steeeeZ33.
@ J&D auto
iTrader: (27)
 
.steeeeZ33.'s Avatar
 
Join Date: Jan 2008
Location: Damascus/Clarksburg, MD
Posts: 1,901
Likes: 0
Received 0 Likes on 0 Posts
Default

http://casesearch.courts.state.md.us...ailLoc=DSCIVIL

?
Old 04-20-2010, 09:55 AM
  #80  
Driven1
Professional
iTrader: (2)
 
Driven1's Avatar
 
Join Date: Jan 2006
Location: Virginia
Posts: 4,398
Likes: 0
Received 0 Likes on 0 Posts
Default

Here we go again....and again....and again.

The best thing they can do is concentrate on producing parts....that's all they've been good for for the past 10+ yrs imo...why not capitalize on that?


Quick Reply: All new AAM Competition, LLC Launch



All times are GMT -8. The time now is 11:19 AM.