[TR] [6pack] TRF

[Steve Thornton]

This is a complex business transaction.

Simply put, Charles promised to purchase a life insurance policy to insure our investments, which turned out to not be true. I believe Charles thought the assets of his business and personal holdings would adequately cover our investments. Unfortunately, that turned out to be wrong.

Like most entrepreneurs, Charles was a dreamer. His dreams allowed many of us to further enjoy our spare time with our cars. I invested in TRF fully aware that my investment might not ever be repaid. Others may not have gone in with the same understanding.

We are much better off with two providers, TRF and Moss, rather than one. Don’t lose sight of that.

So, you can chose to be bitter over money lost, or rejoice that you are receiving 58 percent of your initial investment. I know this has been difficult for Albert, Deb and others. They need encouragement. I, for one, intend to give it to them.

Happy New Year.



Sent from my iPhone


Steven O. Thornton
Attorney at Law
Thornton Law Office
1011 Lehman Avenue
Bowling Green, KY. 42103
270-781-6630


On Jan 7, 2021, at 10:41 AM, Chuck White <triumph.driver at gmail.com> wrote:



And how do you propose Albert correct the wrongs of his father?  58% is better than 0%.  At least Albert seems to be trying to make a bad situation better.

Chuck

On 1/7/2021 7:07 AM, dave wrote:
We were told the loans were secured by a life insurance policy.  That was a lie

-------- Original message --------
From: Jack McGahey <McGaheyRx at aol.com><mailto:McGaheyRx at aol.com>
Date: 1/6/21 10:02 PM (GMT-06:00)
To: dave <dave at ranteer.com><mailto:dave at ranteer.com>
Cc: Triumphs at autox.team.net<mailto:Triumphs at autox.team.net>, 6pack at autox.team.net<mailto:6pack at autox.team.net>
Subject: Re: [TR] [6pack] TRF

So the current employees and TRF owner are screwing people who knowingly made unsecured personal loans to Charles Runyon?

Sent from my iPad

On Jan 6, 2021, at 10:56 PM, dave <dave at ranteer.com><mailto:dave at ranteer.com> wrote:


Just keep in mind that they are totally screwing all the investors who helped keep the business afloat all these years

From: 6pack <6pack-bounces at autox.team.net><mailto:6pack-bounces at autox.team.net> On Behalf Of auprichard at uprichard.net<mailto:auprichard at uprichard.net>
Sent: Wednesday, January 6, 2021 4:04 PM
To: triumphs at autox.team.net<mailto:triumphs at autox.team.net>; 6pack at autox.team.net<mailto:6pack at autox.team.net>
Subject: [6pack] TRF

I just put an order in with The Roadster Factory.  I had read this morning that the business, the cars, the farm, the house and the restaurant had all been sold to settle outstanding debts.  It turns out that Albert Runyan is the new owner and (according to the people I spoke to) it is business as normal.

Andrew Uprichard
Jackson, Michigan
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