Hard Rock / Freestyle Music Park Discussion Thread

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Postby spaceace12 » Fri Feb 05, 2010 5:18 pm

As Queen would say, another one bites the dust. For the time, business office only.

Freestyle Music Park closing business offices
Friday, February 05, 2010 at 5:15 p.m.


The delays in getting cash infused into Freestyle Music Park by new
investors means the company will close its business offices until a
deal is reached.


Below is a press release issued by the company Friday afternoon:


The management team at Freestyle Music Park announced today that
delays in funding have not deterred their negotiations with potential
investors; however, limited funds will force the company to close its
business offices until a deal is agreed upon with the current owners.


"While park management continues to pursue negotiations with potential
investors, we have limited funds and need to use those assets toward
the goal of bringing new investors to the park," said Freestyle Music
Park General Manager Steve Baker. "We fully anticipate one of these
deals will be satisfactory to the current owners. It's a tedious
process and is just taking much longer to come to final agreements
than expected. Deals on the table are contingent upon the Park opening
this season. With the time difference in Russia, we will be working
around the clock to make these deals happen in the coming days - not
weeks - days."


Due to the seasonality of the theme park industry, the park has been
operating with a limited staff throughout the offseason. According to
Baker, the remaining staff will be laid off until an investment
agreement is finalized. Until that time, the board of directors and
executive management will continue to meet with potential investment
groups and communicate with the current owners to finalize the
agreement. Once an agreement is reached, the management team will
bring employees back to work, create a plan for vendor repayment and
announce the plans for the 2010 season.


Baker says the success of the 2009 season was very encouraging. He
cites the worldwide economy and recession as the reason the current
Russian investors are seeking additional funding to operate the park.
The out of state parties remain in Myrtle Beach and committed to
seeing the deal through, he adds.


"We've kept all efforts alive to find investors. Our efforts have been
sincere. We've maintained the status quo in order to find new
investors," Baker added. "We still take our financial obligations
seriously and will do everything we can do to resolve them. There's a
great future for this park. It just needs a chance and hasn't had that
yet."


About Freestyle Music Park


Owned and operated by FPI MB Entertainment, LLC (FPI MBE), Freestyle
Music Park is a 55-acre theme park which opened in May 2009 in Myrtle
Beach, South Carolina.


The world-wide destination for the celebration of music, Freestyle
Music Park has more than 50 attractions for fans of all ages. These
attractions include roller coasters, rides, shows, children's play
areas, restaurants, cafés, retail stores, a multi-purpose live music
amphitheatre and a park-wide sound system, which creates an all-
encompassing, rich family-fun experience.




http://www.carolinalive.com/news/story.aspx?id=412453

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Postby themeparkman25 » Fri Feb 05, 2010 5:29 pm

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Postby spaceace12 » Fri Feb 05, 2010 5:34 pm

themeparkman25 wrote:
SFKK and FMP, makes you wonder who is next.


SFMM? I kid.

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Postby SharkTums » Fri Feb 05, 2010 6:19 pm

So I'm guessing next month's opening won't exactly go as planned? :evil:

Funny story though, I just typed Freestyle Music Park into google and the only review that came up said "Got my family of 5 into the park for $60, for that price it was a great deal."

Yeah, you can have millions of people come through the door, but at those prices and eight ride ops manning the kiddie coaster you're just hemorrhaging money!!!!

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Postby larrygator » Fri Feb 05, 2010 6:27 pm

SharkTums wrote:Yeah, you can have millions of people come through the door, but at those prices and eight ride ops manning the kiddie coaster you're just hemorrhaging money!!!!


If you don't pay your bills you increase cash flow and you don't hemmorhage as much! :lmao:
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Postby robbalvey » Fri Feb 05, 2010 7:31 pm

The delays in getting cash infused into Freestyle Music Park by new investors means the company will close its business offices

I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!!

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Postby Kennyweird » Fri Feb 05, 2010 8:05 pm

^Is that really necessary? I mean, it's not like this is surprising.
This is my signature. Deal with it.
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Postby Guy T. Koepp » Fri Feb 05, 2010 8:07 pm

robbalvey wrote:
The delays in getting cash infused into Freestyle Music Park by new investors means the company will close its business offices

I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!! I TOLD YOU SO!!!!


C'mon. We all know this is just a temporary setback.
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Postby SharkTums » Fri Feb 05, 2010 8:07 pm

^^Yes.

Do you know how hard it is to have teenagers telling you you're wrong for the last couple of years when we called this problem from DAY ONE!!!!???

Sometimes you just need a good release.

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Postby ginzo » Fri Feb 05, 2010 8:21 pm

^How DARE you guys have fun on your own website?
"There's nothing wrong with it. It just needs some tweaking,"
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