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All new AAM Competition, LLC Launch

Old Apr 19, 2010 | 10:26 AM
  #61  
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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.
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Old Apr 19, 2010 | 10:41 AM
  #62  
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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
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Old Apr 19, 2010 | 10:46 AM
  #63  
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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.
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Old Apr 19, 2010 | 12:04 PM
  #64  
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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.
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Old Apr 19, 2010 | 12:24 PM
  #65  
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I was on that boat ugghhhhhhh....... After I saw the pictures I scrubbed myself with rubbing alchol
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Old Apr 19, 2010 | 12:59 PM
  #66  
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What is this cruise and pictures?? I missed out on that... anyone post links??
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Old Apr 19, 2010 | 01:09 PM
  #67  
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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 .
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Old Apr 19, 2010 | 01:18 PM
  #68  
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Based on what I've HEARD about Mike@Altered.....you don't want pix....HAHAHA
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Old Apr 19, 2010 | 01:30 PM
  #69  
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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
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Old Apr 19, 2010 | 01:40 PM
  #70  
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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...
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Old Apr 19, 2010 | 02:41 PM
  #71  
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Originally Posted by Barnabas
Found this on the G forums...
I believe half of that...
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Old Apr 19, 2010 | 02:43 PM
  #72  
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I am not sure I believe even half...

points 1,2,3 and one before last seem really fishy and suspicious
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Old Apr 19, 2010 | 07:32 PM
  #73  
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---

Last edited by TwoFiveBar; Mar 9, 2012 at 07:43 AM.
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Old Apr 19, 2010 | 08:11 PM
  #74  
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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; Apr 19, 2010 at 08:14 PM.
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Old Apr 20, 2010 | 02:49 AM
  #75  
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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?
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Old Apr 20, 2010 | 03:09 AM
  #76  
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Originally Posted by TwoFiveBar
Where do you get your information?
Attached Thumbnails All new AAM Competition, LLC Launch-post-108813-1136868942.jpg  
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Old Apr 20, 2010 | 08:05 AM
  #77  
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Didn't some post a MD case search link regarding the bankruptcy ? lol
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Old Apr 20, 2010 | 08:41 AM
  #78  
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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
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Old Apr 20, 2010 | 09:00 AM
  #79  
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http://casesearch.courts.state.md.us...ailLoc=DSCIVIL

?
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Old Apr 20, 2010 | 09:55 AM
  #80  
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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?
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