Catalina Information Needs

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Walter Baransky

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May 14, 2026, 6:11:51 PM (5 days ago) May 14
to catal...@googlegroups.com, Walter Baransky
Thought I would share that I attempted to send a letter to Catalina's Warranty Dept in Largo, FL on 4/18/26.  Just had it returned to me as return to sender, not deliverable and unable to forward. Recognize the financial collapse, etc, and was wondering if anyone was able to connect with "anyone" at Catalina. Or any further status on what's going on.

For a company to shut down like this without any option or contact/process (after Catalina Corporate reassurances last year to everyone) is professionally reprehensible. Also my sailboat dealer has not responded to questions re Catalina, sad to say. Cannot even think how the employees were treated, suppliers, etc.

Hopefully someone or some group will buy out what's left of this company and allow it to continue in some way.

Regards

Walter B


Ken Kloeber

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May 15, 2026, 11:44:24 AM (5 days ago) May 15
to catal...@googlegroups.com
There are various articles online that have followed the demise of CTY. 

When a shister buys the assets of an operating company and spews 🐂💩 about its future and how well they're doing, knowing that he's in deep financial do-do and can't pay the note on the building, one would not expect that he has arranged a business continuance plan and notified his customers to phone him at home if they have questions when the Sheriff padlocks the doors. 








Once all the legalities are done and over perhaps Tartan or someone else will buy the assets at a fire sale price. 


Ken



On May 14, 2026, at 6:11 PM, Walter Baransky <wbara...@gmail.com> wrote:


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Walter Baransky

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May 19, 2026, 9:37:53 PM (5 hours ago) May 19
to catal...@googlegroups.com, Walter Baransky
Ken,  agree however putting aside the empty statement made by Turner back last Oct re temporary setback and what Catalina will do in the interim which never materialized, the questions that need to be asked are as follows:

1) How did the previous owners of Catalina after Frank Butler passed in 2020 allow Reardon to purchase this company without proper vetting? After all, Frank poured his heart and soul into this company to make things happen. They owed that to his legacy if nothing else
2) How did Reardon acquire Catalina? Did anyone from Catalina Corp bother to check his financials, much less ability to purchase this company?
3) Was this some sort of handshake deal with promises or was financing involved and what financial players were involved? How does a bank or financing arm allow this and not look at cash flow, etc?
4) Why isn't Catalina going after Reardon and Daedalus Yachts and regaining ownership?
5) How does this happen so quickly after a company is acquired? What was hidden, manipulated, misunderstood, whatever?
6) How does Catalina Executives not see this coming (things do not happen overnight) and not take steps to prepare its staff, vendors and of course its customers (us)?
7) Why has everything gone silent and what are the future prospects if any? There needs to be legal accountability on many fronts!

As a result, putting aside the effects, Catalina owners and there are many, will or already have experienced potentially significant valuation loss, especially the ones with newer models. 

There are more laws, rules and regulations in the US than any other country in the world. There also are more attorneys per 100k citizens than anywhere in the world. It's devastating and depressing to witness this and the silence or lack of any known activity. One would not expect Reardon to comment, rather the Catalina Executive team should have had contingency plans in place. That was their corporate obligation. 

Hopefully Tartan will buy it .....but they too came close to having a similar fate.... Simply unreal

Walter

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