Rail flyer Models is filing for Bankruptcy

[NSTopHat]

Saw this on another forum, they have announced that they are filing for bankruptcy.


Saw this on a couple forums today.

"Guys,

I have one last tool path to run today which is for the GP38-2 exhaust
hatch.

I've made a lot of progress the past two weeks but I am unable to put out any OEM work in time to "save us" or generate model train sales to meet our cash burn.

Anything I gain a hint of progress get squashed with another road block.

There are a number of areas we have come so close to getting the job done, but the bottom line is the business does not generate enough cash to support itself.

So I will post the image as my last message.

Tuesday I will seek creditor protection for myself and the business.

If we pull through, we have a lot of cool things coming but at this point, it's not in my hands anymore. I tried very hard with one last fight.

Thank you for everything, unfortunately we didn't make it.

I have no clue of what will happen next.

Christopher Howard, Railflyer Model Prototypes Inc. "

Hope nobody here had any outstanding monies with him. A buddy in Gastonia, NC is out nearly $300.00 with RFM.