E90Post
 


The Tire Rack
 
BMW 3-Series (E90 E92) Forum > E90 / E92 / E93 3-series Powertrain and Drivetrain Discussions > N54 Turbo Engine / Drivetrain / Exhaust Modifications - 335i > HorsepowerFreaks HPF out of business?!?!?!?!



Reply
 
Thread Tools Search this Thread
      05-11-2013, 03:22 PM   #309
4doorbmwpower
Captain
4doorbmwpower's Avatar
United_States
62
Rep
954
Posts

Drives: Montego Blue E90 335i
Join Date: Nov 2010
Location: North Carolina

iTrader: (3)

noted, however I dont forsee myself selling it anytime soon, i wanna rock this exhaust untill the death of my 335! its pretty damn perfect

Quote:
Originally Posted by robc1976 View Post
I want to be 1st in line when you sell it!
__________________
cp-e GTX3071R TT kit, cp-e quad exhaust, cp-e fuelbar, Stage 3 LPFP+lines, AEM EFI, Custom Meth kit, Apex EC7 18s w/R888 295s, Stoptech, M3 front, m-sport rear, cp-e difuser, Custom Headlights, CFS Radiator, Custom OC, 1000hp Lvl10 trans, DSS Axles, MFactory LSD, DEFIV lockdown kit, M3 refresh kit, KWv2's, cp-e project "4doorbmwpower"
Appreciate 0
      05-11-2013, 03:42 PM   #310
Jeff@TopGearSolutions
Jeff@TopGearSolutions's Avatar
United_States
3441
Rep
79,212
Posts

Drives: C6 Z06, 09 335i, 10 335xi
Join Date: Dec 2008
Location: www.TopGearSolutions.com

iTrader: (37)

Quote:
Originally Posted by hemi to e90 View Post
can you be more specific?
In regards to? (It was a sarcastic post if that helps).
Appreciate 0
      05-11-2013, 03:46 PM   #311
shaginwagon13
Chartered Accountant
shaginwagon13's Avatar
Canada
64
Rep
970
Posts

Drives: BMW 335i Coupe
Join Date: Apr 2012
Location: Toronto

iTrader: (4)

Quote:
Originally Posted by vijaydaya View Post
Lots of overly empowered employees have check writing privileges in many small businesses everywhere.

You are correct. However, when your the owner of a business and don't care to oversee the finances, this is what happens. I'm not trying to be a prick, but any business owner will tell you that something like this should never happen. Assuming this is the full story and there is nothing more to their bankruptcy, which I am almost certain there is more to this story than we are being told.
Appreciate 0
      05-11-2013, 03:53 PM   #312
Endless619
DHS
Endless619's Avatar
United_States
201
Rep
4,005
Posts

Drives: 2023 M4, 2020 Land Rover
Join Date: Oct 2010
Location: Disneyland

iTrader: (14)

Garage List
Wow just read all of these pages and on e46fanatics. I haven't posted there for years but I knew Chris, David, Kirk, etc.. They worked on my E86 M and E92 M3 over the past several years and were always great people to work with.

Never knew the day would come when this would happen.

So now that I spent the past couple hours reading all the sites and every post I have to say although "Ultimate Lurker" is a little out of line, he is spot on to a point.

I am a current military member and can tell you first hand that HPF335i got in way over his head with a lot of promises and expenses. Some of this was not his fault and some was, but like some have said don't kick a guy when he is down.

HPF335i made a mistake and he owned up to it. I commend him for doing so. Heck, I still make mistakes. Everyone does.

The fact that so many BMW enthusiasts and owners on this forum stepped up to the plate to help a fellow service member out is amazing. We still have some decency in this country. This member is standing the watch overseas and possibly getting shot at, running for cover and fending for his life. He has my utmost respect. Thank you!

HPF335i you should not be worrying about this at all. To a point yes, but it should not be your number one focus. Your focus should be staying alive and coming back to your loving wife and family. Cars come and go and although I feel your pain and situation, take a breath and step back. Things happen for a reason and you will see it through.

Good luck and I know things will fall into place for you.

Last edited by Endless619; 05-11-2013 at 04:29 PM..
Appreciate 0
      05-11-2013, 04:07 PM   #313
shaginwagon13
Chartered Accountant
shaginwagon13's Avatar
Canada
64
Rep
970
Posts

Drives: BMW 335i Coupe
Join Date: Apr 2012
Location: Toronto

iTrader: (4)

Quote:
Originally Posted by Endless619 View Post
This member is standing the watch overseas and possibly getting shot at, running for cover and fending for his life. He has my utmost respect. Thank you!
+1

You guys make the hard choices so the rest of us can be free. Sometimes people forget. Just come back home safe.
Appreciate 0
      05-12-2013, 04:20 AM   #314
AYF80
Major
81
Rep
1,142
Posts

Drives: 2015 AY F80
Join Date: Sep 2009
Location: Nashville, TN

iTrader: (0)

Quote:
Originally Posted by Endless619 View Post
Wow just read all of these pages and on e46fanatics. I haven't posted there for years but I knew Chris, David, Kirk, etc.. They worked on my E86 M and E92 M3 over the past several years and were always great people to work with.

Never knew the day would come when this would happen.

So now that I spent the past couple hours reading all the sites and every post I have to say although "Ultimate Lurker" is a little out of line, he is spot on to a point.

I am a current military member and can tell you first hand that HPF335i got in way over his head with a lot of promises and expenses. Some of this was not his fault and some was, but like some have said don't kick a guy when he is down.

HPF335i made a mistake and he owned up to it. I commend him for doing so. Heck, I still make mistakes. Everyone does.

The fact that so many BMW enthusiasts and owners on this forum stepped up to the plate to help a fellow service member out is amazing. We still have some decency in this country. This member is standing the watch overseas and possibly getting shot at, running for cover and fending for his life. He has my utmost respect. Thank you!

HPF335i you should not be worrying about this at all. To a point yes, but it should not be your number one focus. Your focus should be staying alive and coming back to your loving wife and family. Cars come and go and although I feel your pain and situation, take a breath and step back. Things happen for a reason and you will see it through.

Good luck and I know things will fall into place for you.

Thanks man, I started reading this and i was getting ready to get burned.

I got this email from the property manager today;

Hello Eric

We should have everything ironed out early next week to get your things to you. I'm sorry for the issues, but I should tell you that we take the security of your possessions seriously. We have had a standing guard and extra support from the port of Portland police department. We will be in touch ASAP on the process necessary for us to release your things but you have already done most of what we will need.

Thanks
Ben
Appreciate 0
      05-12-2013, 04:27 AM   #315
lukasbmw
Beach Bum
United_States
95
Rep
210
Posts

Drives: 2010 328i / 2005 C55
Join Date: Jan 2013
Location: San Diego CA / Phoenix AZ

iTrader: (1)

HPF = Shady.
__________________
2018 340i - lease returned
2008 335i - sold
2006 SL55 - Sold
2004 SL600 - Sold
1999 540i - Sold
Appreciate 0
      05-12-2013, 08:45 AM   #316
Wedge1967
Banned
United_States
125
Rep
2,172
Posts

Drives: '07 e92 AT Sport Montego Blue
Join Date: Sep 2011
Location: Portland, OR

iTrader: (3)

Quote:
Originally Posted by HPF 335i #1 View Post
Thanks man, I started reading this and i was getting ready to get burned.

I got this email from the property manager today;

Hello Eric

We should have everything ironed out early next week to get your things to you. I'm sorry for the issues, but I should tell you that we take the security of your possessions seriously. We have had a standing guard and extra support from the port of Portland police department. We will be in touch ASAP on the process necessary for us to release your things but you have already done most of what we will need.

Thanks
Ben
That's good new Eric. Just a reminder, I'll be home next Friday. So unless Carl can recover it before I get back, then I'll be all over this and we'll make sure it's headed in the right direction ASAP.

Have a great week and keep me posted of any other changes.
Appreciate 0
      05-12-2013, 09:05 AM   #317
AYF80
Major
81
Rep
1,142
Posts

Drives: 2015 AY F80
Join Date: Sep 2009
Location: Nashville, TN

iTrader: (0)

Quote:
Originally Posted by Wedge1967 View Post
That's good new Eric. Just a reminder, I'll be home next Friday. So unless Carl can recover it before I get back, then I'll be all over this and we'll make sure it's headed in the right direction ASAP.

Have a great week and keep me posted of any other changes.
Thanks Ken.
Appreciate 0
      05-12-2013, 10:40 AM   #318
cwarren
Captain
cwarren's Avatar
82
Rep
725
Posts

Drives: 08 e92
Join Date: Jan 2012
Location: portland

iTrader: (1)

Quote:
Originally Posted by HPF 335i #1 View Post
Thanks man, I started reading this and i was getting ready to get burned.

I got this email from the property manager today;

Hello Eric

We should have everything ironed out early next week to get your things to you. I'm sorry for the issues, but I should tell you that we take the security of your possessions seriously. We have had a standing guard and extra support from the port of Portland police department. We will be in touch ASAP on the process necessary for us to release your things but you have already done most of what we will need.

Thanks
Ben
let me know and if this does happen also send me a list of things that should be with the car . hate to get it out of there and not have all your stuff.
__________________
ptf MHD E85 /Hexon rr550 turbo's/PRE custom intakes/CP / bms dp's/hfs4 / er fmic/PSS/spec stage 2+/kwv2/steveAZ stage 3 lpfp /m3 control arms/powerflex black/MF LSD /fuel it port injection
Appreciate 0
      05-12-2013, 11:01 AM   #319
Wes335XI
Lieutenant
Wes335XI's Avatar
107
Rep
400
Posts

Drives: 2008 335XI Space Grey
Join Date: Sep 2011
Location: Anchorage, AK

iTrader: (0)

Quote:
Originally Posted by shaginwagon13
You are correct. However, when your the owner of a business and don't care to oversee the finances, this is what happens. I'm not trying to be a prick, but any business owner will tell you that something like this should never happen. Assuming this is the full story and there is nothing more to their bankruptcy, which I am almost certain there is more to this story than we are being told.

He's right, I own my business, a small one, that grosses maybe half of what HPF did at one point. I'm the only one with check signing authority. It allows me to see what is flowing in and out and I check the bank daily. You have to understand $200k would disappear over time, not all at once. But even then, you'd have to be an idiot to not notice it going out of your account. You have accountants and CPA's who audit the bank statements and in the accounting software something would not add up.

So his post is valid. The story if looked at in reality and from a stand point of other business owners, it does not seem realistic.
__________________
08 E92 335XI - Space Grey/Coral Red 11.80 @ 118.95mph - 470AWHP
2013 BMW 335XI MSport Alpine White/Venetian Beige
2018 WRX STi TypeRA
2022 X5 MSport Alpine White/Tartufo Merino - Inbound
Appreciate 0
      05-12-2013, 11:37 AM   #320
pentaxis
Captain
pentaxis's Avatar
United_States
30
Rep
685
Posts

Drives: Space Grey E92 335i
Join Date: Feb 2010
Location: Portland, OR

iTrader: (3)

Quote:
Originally Posted by Wedge1967 View Post
That's good new Eric. Just a reminder, I'll be home next Friday. So unless Carl can recover it before I get back, then I'll be all over this and we'll make sure it's headed in the right direction ASAP.

Have a great week and keep me posted of any other changes.
I'm back in town now, so if you have something that comes up that needs urgent response, hit me up. I have a pretty flexible schedule.

-P
Appreciate 0
      05-12-2013, 12:09 PM   #321
Beemw335
Colonel
62
Rep
2,013
Posts

Drives: 335i
Join Date: Mar 2011
Location: My car is my home

iTrader: (2)

Quote:
Originally Posted by Wes335XI
Quote:
Originally Posted by shaginwagon13
You are correct. However, when your the owner of a business and don't care to oversee the finances, this is what happens. I'm not trying to be a prick, but any business owner will tell you that something like this should never happen. Assuming this is the full story and there is nothing more to their bankruptcy, which I am almost certain there is more to this story than we are being told.

He's right, I own my business, a small one, that grosses maybe half of what HPF did at one point. I'm the only one with check signing authority. It allows me to see what is flowing in and out and I check the bank daily. You have to understand $200k would disappear over time, not all at once. But even then, you'd have to be an idiot to not notice it going out of your account. You have accountants and CPA's who audit the bank statements and in the accounting software something would not add up.

So his post is valid. The story if looked at in reality and from a stand point of other business owners, it does not seem realistic.
+1
Currently in university to become a CPA, hear about cases like this a lot, comes down to poor management. Chris should have went over every check/withdrawal and verified it with his accountant.
Appreciate 0
      05-12-2013, 12:20 PM   #322
Endless619
DHS
Endless619's Avatar
United_States
201
Rep
4,005
Posts

Drives: 2023 M4, 2020 Land Rover
Join Date: Oct 2010
Location: Disneyland

iTrader: (14)

Garage List
Quote:
Originally Posted by HPF 335i #1 View Post
Thanks man, I started reading this and i was getting ready to get burned.

I got this email from the property manager today;

Hello Eric

We should have everything ironed out early next week to get your things to you. I'm sorry for the issues, but I should tell you that we take the security of your possessions seriously. We have had a standing guard and extra support from the port of Portland police department. We will be in touch ASAP on the process necessary for us to release your things but you have already done most of what we will need.

Thanks
Ben
I look at both sides of a situation as a supervisor in the military always should do. There is always two sides to every situation.

See, things are starting to roll for you.

Now focus on getting home safe and alive.
Appreciate 0
      05-12-2013, 12:49 PM   #323
Wedge1967
Banned
United_States
125
Rep
2,172
Posts

Drives: '07 e92 AT Sport Montego Blue
Join Date: Sep 2011
Location: Portland, OR

iTrader: (3)

Quote:
Originally Posted by pentaxis View Post
I'm back in town now, so if you have something that comes up that needs urgent response, hit me up. I have a pretty flexible schedule.

-P
Thanks Paul...
Appreciate 0
      05-14-2013, 08:35 AM   #324
MMMCOOKIES55
Major
MMMCOOKIES55's Avatar
United_States
350
Rep
1,376
Posts

Drives: '17 M3 ZCP/ '16 ATS-V
Join Date: Oct 2009
Location: Apex, NC

iTrader: (3)

well.... updates?
Appreciate 0
      05-14-2013, 08:48 AM   #325
vladster
Private First Class
vladster's Avatar
Slovenia
12
Rep
190
Posts

Drives: BMW 335 ci
Join Date: Mar 2007
Location: Slovenia

iTrader: (0)

If you screw up, be a man and call the customers and give them back as much as you can or else things get messy.
Appreciate 0
      05-14-2013, 09:02 AM   #326
NM_BMW
Vishnu Powered
NM_BMW's Avatar
United_States
68
Rep
2,205
Posts

Drives: 335xi, S1000RR
Join Date: Nov 2007
Location: Proceding

iTrader: (7)

No wonder they were selling the orange e46 M. I can see how $200k crippled them, didn't they just expand their shop, etc?? Hopefully HPF gets back on their feet... Did they file bankruptcy? What about liquidation?
__________________
2008 335xi Sedan | Titanium Silver | Black Dakota
PROcede v5 | Vishnu Exhaust | BMS DCI | AR Catless DPs | Helix FMIC | Stett Charge w/ Tial BOV | MORR VS8s | KWv3
Appreciate 0
      05-14-2013, 09:25 AM   #327
AYF80
Major
81
Rep
1,142
Posts

Drives: 2015 AY F80
Join Date: Sep 2009
Location: Nashville, TN

iTrader: (0)

Quote:
Originally Posted by MMMCOOKIES335... View Post
well.... updates?
Just waiting...
Appreciate 0
      05-14-2013, 11:13 AM   #328
cn555ic
cn555ic's Avatar
United_States
441
Rep
18,331
Posts

Drives: 335i
Join Date: Jun 2007
Location: US

iTrader: (6)

It's is so sad. I have their intercooler which is now a collector's item! Can't believe such a well known company in the BMW world has gone down like this. I have read About this soldiers car in HPF's shop since it was first brought there. I found it odd that its been there so long and felt something was not right. Just the fact that HPF took so long to bring more items into the E9x platform was a dead giveaway. That guy who robbed him should have gotten more time. Got off way too easy. I feel bad for you soldier as we all make bad decisions in one form or another, but we tread through it.
Paypal sent with a donation to help you get car back to Shiv headquarters. Good luck and thank you for serving us and keeping the US safe.
Appreciate 0
      05-14-2013, 11:22 AM   #329
Cripple
Captain
Cripple's Avatar
102
Rep
775
Posts

Drives: 12' 335is
Join Date: Dec 2012
Location: Canada

iTrader: (4)

If only you guys actually knew Chris outside of HPF a lot would think much differently about this story.
__________________
14' M235I | BMW Performance Exhaust | BMW Performance Diffuser | BMW Performance Carbon Interior | ER DP |
JB4 S2 | BC Forged HB29's | N54Tuning.com | getBMWparts.com

Current: 2015 Cayman S on HRE P101
Appreciate 0
      05-14-2013, 11:35 AM   #330
vladster
Private First Class
vladster's Avatar
Slovenia
12
Rep
190
Posts

Drives: BMW 335 ci
Join Date: Mar 2007
Location: Slovenia

iTrader: (0)

Quote:
Originally Posted by Cripple View Post
If only you guys actually knew Chris outside of HPF a lot would think much differently about this story.

Sorry but I only see customers that were ripped off.
Appreciate 0
Reply

Bookmarks


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 10:48 PM.




e90post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST