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Old January 20th 05, 05:59 PM
Marco Leon
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The quality of the aircraft does not make the entire picture. Two investors
that have made $20K and $200K deposits thought the deal was bad enough that
they would rather lose their deposits than proceed with the deal. The
company's financial picture was probably too unattractive for anyone to buy
them out. Included in that financial picture is the ability to sell a 30
year old design going forward. A tough sell to say the least.

Marco Leon


"CFLav8r" wrote in message
m...
A short blip of news sent to me today indicates that Commander Aircraft

has
asked a bankruptcy judge to convert its bankruptcy case from a Chapter 11
reorganization to a Chapter 7 liquidation. Can it be possible that a

company
that has built such a fantastic aircraft could really cease to exist?
You would think that one of the other aircraft companies would be

interested
in buying it out.
Maybe some out of work former Douglas Corporation execs?

David (KORL)