Reggie Fountain talks about Chapter 11 filing

 

Fountain Powerboat Industries chairman and CEO Reggie Fountain was upbeat this morning as he talked about the plan to bring his company through Chapter 11 reorganization and to continue to build the boats that have borne his name since 1979.

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"I always like to be positive; my glass is always half-full, not half-empty," he told Soundings Trade Only.

Fountain, who currently owns 52 percent of the company’s stock, said he’s now in talks with nine potential investor groups and hopes to find a buyer soon.

Reggie Fountain talks about Chapter 11 filing

Published by Hank Sibley Bluewater Yacht Sales

Hank Sibley hsibley@bwys.com Sales Professional Bluewater Yacht Sales Hampton, VA 804.337.1945 (Mobile) 757.788.7082 (Office) 757.723.3329 (Fax)

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