Author Topic: Thermospas Bankruptcy? (Read 5210 times)

Dr. Spa� Ret. · « **on:** February 29, 2012, 01:05:27 pm »

Anyone hear of or have any information on Thermospas filing bankruptcy.

http://www.trollerbk.com/bankruptcy_case/THERMOSPAS/

http://business-bankruptcies.com/cases/thermospas-inc

Hot Tub Forum · « **on:** February 29, 2012, 01:05:27 pm »

wmccall · « **Reply #1 on:** February 29, 2012, 03:53:43 pm »

Its been months since I saw one of their commercials.

ndabunka · « **Reply #2 on:** March 01, 2012, 12:50:49 am »

The only thing that surprises me is that this did not occur sooner. They ALWAYS had a dismal business model of SEVERELY overcharging for their products. Why anyone paid them $14K for a $8K tub is beyond me.

Chas · « **Reply #3 on:** March 01, 2012, 10:30:20 am »

In reading the list of (over 400) creditors, I was not really surprised to see that by far, most are advertisers. Including one spa forum website and Big Fish ("Spa Search") publications.

I guess most manufacturers would have a larger list of materials suppliers, and a smaller list of advertising outlets.

FWIW

Hot Tub Forum · « **Reply #3 on:** March 01, 2012, 10:30:20 am »

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