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BMW 3-Series (E90 E92) Forum
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HorsepowerFreaks HPF out of business?!?!?!?!
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05-07-2013, 12:53 AM | #45 | |
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05-07-2013, 12:54 AM | #46 |
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05-07-2013, 05:55 AM | #49 |
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I am sorry about their loss, hopefully the money is recovered. But I can't help noticing that they remained stuck on the e46 M3 platform while so many great BMW platforms passed by. Even without the money loss, I think that they were headed to failure.
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05-07-2013, 07:05 AM | #51 |
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i agree with everyone statement about him contributing to the E46 community and not enough on the new E9X body styles. Everytime I would look at videos I would drool over the fact I could make my E46 that fast and make that much power. But when I go check their website and to see the prices that would be involved, I get discouraged and annoyed about how much a turbo kit and labor would cost. Chris knows there is no other company out there that make turbo kit for our cars and take advantage of that. Which is why I am one of the newst supports when it comes to Maximum PSI because of the power they make, how competitive the prices are with various supercharger companies, and how they use the stock ecu to tune everything. I support Chris for making a breakthrough with his turbo kits, but I will never support him for the prices he charge his consumers.
Last edited by tphan85; 05-07-2013 at 08:06 AM.. |
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05-07-2013, 08:29 AM | #52 |
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Yeah, I’m fucked. I don’t even have the cash to pay to get it sent back to my house.
Anyone want a BMW with a fuck ton of mods? Im about to go broke with this situation too. Not to mention my wife is loosing her mind right now.... I was told to go pick it up... but i cant. Its throwing a weird code I guess and it’s not running right. But it just started that out of nowhere, so it’s something easy most likely. Everything is BRAND new including the DME. It was running fine with the kit one day. Then the next it wasn’t. I’m calling Shiv as soon as he gets in. Pray this all works out for me, this is the only car I own and I’ll be home in less than 3 weeks. |
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05-07-2013, 09:08 AM | #53 | |
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no fucking way. there is something we are missing in this story.
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05-07-2013, 09:32 AM | #55 | |
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Last edited by BoostedE90; 05-07-2013 at 09:40 AM.. |
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05-07-2013, 09:35 AM | #56 | |
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Don't get me wrong I wouldn't let that happen but its possible especially if money is going in and out like they had... I mean 4.9 M in revenue is not a small amount. Never know how he did it either for now. Anyway there probably is more to it too... maybe someone had a gambling problem too... Just never know. Plus I think his business was slowing down too.
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05-07-2013, 09:45 AM | #57 | |
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Im not sure how much it would cost. But even if i get it to my house, then what? I need to get it to Shiv ASAP. like tonight. Im sure he can fix it. After that i need it sent to my house in Kansas. Right now im just waiting to call Chris and Shiv to work this out somehow. |
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05-07-2013, 09:50 AM | #58 | |
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Hey man, looks like ill be giving you a call once you get in. |
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05-07-2013, 09:50 AM | #59 |
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SO where is the big question...what are they going to do about current orders?
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05-07-2013, 09:58 AM | #60 |
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I guess they would fulfill what they can with the inventory on hand. The rest well, I hope they issue a refund
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05-07-2013, 10:02 AM | #61 |
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this really sucks i just got my quote for exhaust too....back to the drawing board to find some again
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05-07-2013, 10:03 AM | #62 |
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If they did lose a couple of hundred grand that could definitely put them out of business.
HPF is not a global corporation with millions in assets. That type of loss would kill most small businesses. Either way it's a shame......and weird how that much money in a small business disappears without anyone noticing. |
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05-07-2013, 10:04 AM | #63 |
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05-07-2013, 10:06 AM | #64 | |
dat boost doe
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and the owner didnt exactly seem not to be hands on, shit he was making 15minute videos every other week. my beef with this is that at one point, some one had to be approving credit movement or account withdrawals? and for a 11 FTE business, i seriously dont see how you could miss it. i mean shit, i need to file sales tax every quarter, im gonna go over and make sure every account is up to date. the fraud aspect of this, thats the part that im concerned about. i also dont understand how they had 18 months to operate, but lose a court case and close the next day? thats not gonna make a ton of sense.
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05-07-2013, 10:07 AM | #65 | |
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05-07-2013, 10:10 AM | #66 |
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