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  1. #261
    [QUOTE=sull1102;997798]
    Quote Originally Posted by thetrailboss View Post
    Shows just how hard it is to do in this state the right way



    Sent from my LG-H820 using AlpineZone mobile app
    No, that's really not what this shows at all. This shows what happens when you undercapitalize a business from the start.

  2. #262
    [QUOTE=sull1102;997798]
    Quote Originally Posted by thetrailboss View Post
    Shows just how hard it is to do in this state the right way

    Sent from my LG-H820 using AlpineZone mobile app
    No, it shows that there are a lot of dishonest scumbags looking to screw people.

  3. #263

  4. #264

  5. #265

    Join Date
    Jan 2016
    Location
    Mecox, NY / Bondville, VT
    Posts
    359
    Too bad they are going to miss out on a great spring skiing season.

    It would have been nice sipping Kir-royale's on the deck at the lodge fer sure

  6. #266
    “Hermitage Club Director of Public Relations Meridith Dennes said the club intends to be open this weekend.”

    This seems like a long shot.

  7. #267
    This happened last Thursday as well. Apparently they made a payment and got the okay to open this past weekend. Not part of the story Friday was the police escorting employees away from the property like what reportedly happened yesterday when they were shut down by the state for the second time in four days. One has to wonder how many more times these people will be allowed to do this by the state, the party must be over by now.

    Sent from my LG-H820 using AlpineZone mobile app
    2014-2015
    11/3- Sunday River
    11/9- Bretton Woods
    12/13- Bretton Woods
    1/18- Wachusett
    1/25- Watatic
    1/29- Wachusett

    www.skibigsquaw.com

  8. #268
    You also have to wonder how many more times they can scrounge up these payments.

  9. #269
    Quote Originally Posted by VTKilarney View Post
    You also have to wonder how many more times they can scrounge up these payments.
    I know nothing about the players here but my understanding is that there are some very deep pocketed people who are members and investors in this place, people who are used to and probably enjoy swimming in the deep waters of finances and takeovers. Based on that assumption, I assume there are some backroom schemes being hatched as to the best time to resolve this. If we assume there are members who like this concept of a private ski club but want Barnes out of power, then there has to be a sweet spot where his management of the club will be terminated without much conflict but before assets start getting seized by the state or local authorities. Seems like with the season largely over, these investors would do well to withhold financial support until Barnes is gone and then get it sorted out over the summer.

  10. #270
    Quote Originally Posted by Vaughn View Post
    I know nothing about the players here but my understanding is that there are some very deep pocketed people who are members and investors in this place, people who are used to and probably enjoy swimming in the deep waters of finances and takeovers. Based on that assumption, I assume there are some backroom schemes being hatched as to the best time to resolve this. If we assume there are members who like this concept of a private ski club but want Barnes out of power, then there has to be a sweet spot where his management of the club will be terminated without much conflict but before assets start getting seized by the state or local authorities. Seems like with the season largely over, these investors would do well to withhold financial support until Barnes is gone and then get it sorted out over the summer.

    Bingo! The majority of the members want Barnes 100% out. He apparently doesn't want to leave and knows that he's not wanted back, and is trying to get as much $$ out of the members via whatever scheme he can devise to make it happen. Basically a big game of chicken going on, where the majority of members don't want to see assets of the club being liquidated and sold off by the bank(s).

    Given that short of a few members who apparently use the gym facilities in their clubhouse regularly, and the fact that they club was approaching the season end of ski operations in the next few weeks and then goes pretty "quiet" until about Memorial Day when the golf course traditionally opens up, likely lots of behind the scenes negotiating will continue to be happening for the next 2 months or so....
    '07--08 season: 51 Days, '08-'09 season: 55 Days, '09-'10 season: 41 Days, '10-'11 season: 49 days, '11-'12 season: 40 Days '12-'13 season: 57 days, '13-'14 season, 60 days '14-'15 season 60 days, '15-'16 season 52 days, '16-'17 season: 50 days, '17-'18 season 52 days, '07-'18 seasons: 567 Days

    '18 - '19 season
    November: 17.18,23,25 (Mount Snow)
    December: 1 (Mount Snow)

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