Informational for everyone in the main forum. Mods do what you need to do. Saw this on Tacomaworld and the Pelfreybilt area here.
Tacomaworld thread has a LOT of info:
https://www.tacomaworld.com/threads/ch-7-bankruptcy-filed-9-6-18.567324/
[MENTION=118909]MTgirl[/MENTION] posted this here for us.
Tacomaworld thread has a LOT of info:
https://www.tacomaworld.com/threads/ch-7-bankruptcy-filed-9-6-18.567324/
[MENTION=118909]MTgirl[/MENTION] posted this here for us.
Looks like the Pelfreys have filed for bankruptcy.
From their facebook page....
We love our Pelfreybiltfamily and have never had any ill intentions to wrong a single person. We do wish everyone believed this truth instead of resorting to believing we’re the horrible people they’ve painted us into. After pouring everything into Pelfreybilt and building the reputation for quality and customer service, why can’t people understand there’s something going on that’s out of our control rather than assuming the worst and defaming our character.
The unfortunate truth is that we had an amazing team of investors willing to pour a couple million into helping us thrive & as a result we had to remain quiet, so asked the #pelfreybiltfamily for their patience. However, with people feeding lies on social media, stirring up negative publicity, and opening claims on PayPal, the investors pulled out. They deemed the #pelfreybiltfamily too volatile and risky to make the investment. As a result we had no choice but to file personal bankruptcy, and lose everything. We literally poured everything into the business and have lost everything: our business, our jobs, our home, our cars and the money we loaned the business.
It’s heartbreaking to us to have given so much to the off-road community and to have built such an amazing company known for being one of the best in the industry, in just six years, yet have so many people turn their back on us and accuse us of as horrible things as fraud. All we’ve ever done is focus on providing the very best to our customers. We simply grew at a rate we struggled to keep up with, and refused to manufacture products of a lesser quality. Without capital to work with, it eventually took its toll and required investors.
Regardless, what’s done is done and feelings aside, we wish we had better news, but unless someone steps up and is willing to take over Pelfreybilt, the debt owed both to vendors and customer, we don’t see a way for our customers to get their product(s) or refunds. This is less than the ideal situation, yet it’s the reality the #pelfreybiltfamily helped create by allowing negativity to influence their decisions rather than looking at our track record and believing in us to always do what is best for our customers.
We wish each of you all the best, regardless.
Satin & Tyler Pelfrey
