by 1Robert » Sat Oct 19, 2002 8:42 am
Preston Tucker's obstacles included, but were not limited to the compitition from the other auto manufacturers using their ties to Washington to put pressure on the corporation. The sale of Tucker stock was barred in Michigan (no surprise) and California, which caused a short fall of just about $5,000,000 in the stock issue. Enought modeling clay for scale models was not attainable. The ongoing investigation by the SEC slowed things down. These were a few obstacles he had.<br>
Respectfully,<br>
Robert W. Collier
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