[GarrettK]

Mike,

The owner and I had agreed to a price and I had given him earnest money (no broker) but I did not own the boat. He has already offered to return my earnest money.

My original plan was to sit by and see what gets fixed and to what standard, but have now changed my mind after viewing the boat in person (post sinking).

It is my opinion that Masonboro is not doing much in an effort to save the boat and the condition of it is worsening as the clock ticks. The interior has not been hosed down with freshwater, there is no real effort to dry the boat out, it''s just sitting there dieing.

I''m going to get my earnest money back from the buyer (as he offered) and I''m going to get Masonboro to reimburse me for the cost of the survey (I''ll go to small claims if I need to). The boat sank due to the boatyards negligence and the boat and survey are worthless at this point.

We''ll see how things proceed, but I''m looking for another boat now.

Garrett