[SEL] Fw: Jay Peters model business sold off

[R & M Ingold]

I received this today, It will be of interest to some.
Reg & Marg Ingold.
Newcastle, NSW, Australia.
randmingold at hotkey.net.au
http://www.oldengine.org/members/randmingold

----- Original Message ----- 
From: Bill Wood 
To: Reg & Margaret Ingold 
Sent: Thursday, August 18, 2005 1:18 PM
Subject: Jay Peters model business sold off


Hi Reg,

Jay Peters model business was sold off at the Iron Fever show last week.

The 1/2 Domestic and the Nanzy were purchased by:
Bob Herder
2 Spring Mountain Rd.
Califon, NJ 07830
908-832-4184
http://members.tripod.com/bobherder
Bob is already selling his own model kits and these two kits expand his product line.  He intends on selling parts to people that need them.
He is taking orders now, and expects to be ready in a couple of months.


The 1/2 Olds and 1/3 Associated were purchased by another man near York, PA.
These 2 kits will take longer getting to market.  He is a new entry in the model kit business and needs time to develop his contacts.  He has indicated that he will also sell parts to people that need them.  Parts may be available before complete kits.  I will know more when I get back from Portland at the end of the month.


The 1/4 Olds, L'il Brother, 1/5 Sandwich and the flame licker were either a proxy bid or did not meet the reserve price.  Not meeting reserve is the most likely, either way they are in limbo for now.

Regards,

Bill Wood



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