I'm not sure what is going on with some of you guys with all the well wishing to this guy. What he has perpetuated is criminal.
The only thing Genaddi should be doing car related is stamping out license plates in the state penn.
Get a grip on reality fellas.:frown
+1.
Rob
In spite of my best efforts and intensions to provide the GTX1 for people that wish to have something more out of their GT, I have failed. Not because it was beyond my abilities but rather beyond my finical abilities to float the company along between orders and meet the promises and obligations that were made. As a result, we have stopped building GTX1’s and we will not be taking deposits for them to be built until we are better funded. I simply can not afford to put others at risk while the company languishes along.
As to the tops, we have both the hard top and soft top molds complete and ready to produce but have no money to complete and send them out. So much was spent on developing tops with no compromise that it became the Achilles heel to the downfall of the GTX1. I do not have the funds to complete it at this point but would do the work for owners willing to pay the venders directly for the parts needed. I have no intention of taking any profits from this over run to see it through as I have a moral obligation to the GTX1 owners.
I must move away from building vehicles and concentrate my efforts toward the production of a non-GT related component for which I have a patent pending. It has the possibility of generating significant profits that will put me in a position to pay back GTX1 owners for the over runs that are needed to complete the cars.
Understand, this is a very difficult thing for me to walk away from because of my passion for automobiles and the people that enjoy driving them, but I have taken this as far as I can, so far that the enormous stress is taking a serious toll on my health. This indeed is not the news you would like to have heard from me but it is all that I can offer you at this point, but as money becomes available to me, my highest priority will be to finish tops and repay any costs incurred over and above the contract price.
I hope you will find it in your heart to forgive me for what I have decided to do but I feel it is the only way I can survive this and have a chance at redemption.
Sincerely,
Mark Gerisch