ouch, thats gonna hurt all of us that build cars

Owes between $1 and $100 million? That's nothing! I've got between $1 and $100 million in my checking account!

@JSmith53: Oh yeah? Well all by myself I earned about $14 billion dollars more then General Motors and Ford put together last year...

I'm sure the cars will count as assets and will be sold at an auction after the police use them as evidence in the criminal charges.

Didn't they make that "GT500" (wink wink) from Gone in 60 Seconds?

Hooray! At least now there'll be a few less of those bloated, 50-something yuppie assholes who can say, "Yeah, man, I got an *Eleanor*".

That's what you get for buying replica movie cars. "Dude, check out my FnF eclipse dawg", You only get points if it's a Knight Rider replica.

Whats going to happen is they are going to liquidate the assets (unbuilt cars, body kits etc) and they are going to flood the market, making the the gt500 the next overplayed car. Watch out modified civics, theres a new kid in town.

I take that back, it probably won't happen. If it does, "I tol you so" If not, someone stole my login info and I didn't really type that.

Sitting on flat 18" Wheels of Fortune, we see Unique Performance's GT500 I'd like to buy an 'E' please. Unfortunately for UP customers, their not likely to get even as much as a Free Spin outta these scammers!

@V1650: I knew someone like that, but he was cool, the Eleanor was a '73 Mach 1.

I actually saw a rerun of some carprogram on Discovery channel yesterday....and it was a interview with Unique Performance. Quote "We take old car often in very very bad condition and rebuild them, it is a lot of hard work" ....no shit?

I am so going to the asset sale.

@BustedWheel:

I would hardly call ±60 cars on the market "flooded".

Thats not all he owed. $66K in salaries plus expenses to more than 25 employees. Federal income tax, unemployment insurance, 401K contributions the list goes on.

I am an angry employee's wife. My husband worked for Tecstar/Quantum/UPC and is owed wages. My question is where does UPC stand on payment to employees including my husband? Isn't UPC responsible for paying this since they got in bed with a criminal? What about Chip Foose himself? He got in bed with a criminal! He received profits from the hard work of these employees on the Foose Stallion.
UPC is a joint venture between Tecstar/Quantum and Unique Performance Jeff Beitzel 50.1% and Doug Hasty 49.9%. Tecstar is out of Troy Michigan and Quantum is out of Irvine California. Jeff Beizel is COO of Quantum/Tecstar. Tecstar did all the engineering work on the Foose Stallion for 06-08. However, in May they closed the Haslet assembly facility down and moved to Unique Performance for the "new" assembly facility. At that time the joint venture UPC was under management of Hasty (UP). However, revenues continue to go to Quantum.
Foose if you want to continue to get in bed with criminals you are no better! Quantum/Tecstar and Jeff Beitzel, Doug Goad (no longer there), Joe Dibiago, Dave Hansen, Tom Sunberg all receive great pay and bonus's and we all sit here not getting paid. Tom Sunberg set up this whole Foose program with Doug Hasty and feels no obligation to what is right! When they dissolved the UPC joint venture (thinking Hasty would go to jail) the board members told the employees to send all assets Tecstar owned facilities. The employees did not want to return but the board said they would pay back wages plus pay the employees daily to decommissioin the facility. Not until all assets were returned did Tecstar fail to pay the back wages owed to employees based on legal councel advise. Beizel conveniently forgot the promise to pay back wages. Tecstar received $2.5 million dollars in Foose inventory and .5 million dollars in tooling from these dedicated employees. With all those assets they can't pay employees the $66K of backwages owed? Tecstar now says we never said we would pay back wages, I can assure you the President of Sales for UPC was present in the board meeting. He has yet to be paid and he informed us the board agreed to pay back wages. So therefore this is not hearsay.
Talk about Hasty's issues. Maybe someone should look into the companies they get in bed with

Dallas Morning News, would you be interested in some facts about FMVSS violations. What about Ford? Would they be interested?

I GUESS BRENT FENIMORE HAD THE MOST TO LOSE HE IS THE ONLY ONE TO FALL OFF THE FACE OF THE EARTH COMPLETELY. I WOULD TOO! HE HAS THE MOST TO LOSE. HE WAS HASTY'S MAIN MAN. WONDER WHY HE NEVER MOVED HIS WIFE OUT TO TEXAS. GUESS WHAT HAPPENS IN TEXAS STAYS IN TEXAS. KERRY KEATING EXACTLY WHAT ARE YOUR QUALIFICATIONS? EMBEZZELMENT? FRAUD? WOW BRENT REALLY THREW YOU UNDER THE BUS NOW DIDN'T HE? HASTY TOO!

We just want to be paid our paychecks.

although Hasty is a wise guy, Beizel is the GODFATHER and his house 2 will crumble. This guy is no better. T.Sunberg is waking up with a horse head sleeping next to his pillow in his bed.

I am a Unique Employee (Ex) and I have not been paid my wages either. The Foose program screwed this up. Tecstar screwed this up. They are the ones to blame. Hasty is a crook but so are they. We allowed Tecstar to come to our home and this is how they repay us? Hasty took all their employees when Tecstar did not want them anymore. They ran away with their tails between their legs. UP owes me my money. Tecstar should fork it over. They are probably behind this whole thing. They are trying to take Foose business for a V6 Mustang program after trying to sell the V8 program to Hasty. After Hasty bailed them out, this shady business is all over and the cake is gonna be all over their faces.

Asset sale, when and where?

Hasty would often brag about how he never put a dime into Unique. All of the money he threw around was from 50% deposits Hasty and Unique took on cars. Hasty didn't bail out anyone; all bailing out was done by the poor souls who got soaked for $100,000 deposits on cars they will never get. BTW, where is Hasty? Is he sporting Governor's orange overalls in the big house yet?

MEETING OF THE CREDITORS
CASE #07-35628-hdh7

DEBTOR: UNIQUE PERFORMANCE INC
613 JACOB COURT
KELLER TX 76248
ATTORNEY FOR DEBTOR:
FRANK HAGLE JR.

MEETING OF THE CREDITORS: DECEMBER 10,2007 @ 8:30AM
LOCATION: OFFICE OF THE TRUSTEE
1100 COMMERCE STREET
DALLAS TX 75242
ROOM 524

Just read that Quantum is forming a joint venture with Fisker Automotive... think all the unpaid employees should warn them....
its on the SEC filings... here is fisker's info

info@fiskerautomotive.com
www.fiskerautomotive.com