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 Author  Topic: PT 59
ThePTboater

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of ThePTboater  Posted on: Dec 28, 2016 - 1:58am
I'm aware this conversation has gone on quite a while, but has anyone as of recently made their way to the Harlem bridge area? If so anything noteworthy to discuss?
ThePTboater



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Jimbo Melanson

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Post a Reply To This Topic    Reply With Quotes     Edit Message   Posted on: Dec 28, 2016 - 8:57am
all seems quiet

Jimbo

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Jimbo Melanson

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Post a Reply To This Topic    Reply With Quotes     Edit Message   Posted on: Dec 28, 2016 - 8:57am
all seems quiet

Jimbo

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David Buck

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of David Buck   Send Email To David Buck Posted on: Jan 11, 2017 - 3:52am
Let's see Aug, Sept, Oct, Nov, Dec, and a couple of weeks in January so that would be 11 fortnights at $10.00 a fortnight makes $110.00 dollars and if we had 20 people putting in that would be $2,200.00 if we had 50 people putting in that would be $$5,500.00. Not a bad start but sadly !!!!!!!!!!!!!

Now during the time of all this "talking" I have started a new business and one of the things that I was offered as an aid was the ability to access a range of grants that are only offered to business owners, these grants range from $20,000.00 to $2,000,000.00 so one thing is clear to access large amounts of money there needs to be some form of business plan in place for those that assist businesses to be able to act.

Collecting moneys with a clear intent to start a nonprofit business would not be a bad start!

The longer we sit on our collective hands that only means that restoration of ANY Boat will slip us by.

Is it that hard to get the guys on this board to act together, think of what we could do, one day we could be walking the deck of a boat that we as a Forum have helped put back in the water no matter what boat that maybe!!!

Think about it and then ACT!

D.buck

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ThePTboater

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of ThePTboater  Posted on: Jan 11, 2017 - 12:03pm
Well said David!
I agree something should be done, the more we don't have a plan, the more those boats out there will gain more and more damage from the environment.
I personally(like others on the forum) would like to see 486 restored.
The Problem us PT guys must figure out is price.
That's a big price tag for a boat that's not complete.
ThePTboater


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  TED WALTHER

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of TED WALTHER   Send Email To TED WALTHER Posted on: Jan 11, 2017 - 2:41pm
Nick;
Purchase, material cost, and man hours puts the average restoration at 1-2 Million dollars. When I priced a projected restoration of PT 48 in 1993, I was at $300,000, that was for materials and working engines. This did not include Howard Barrett's fluctuating sales price ($20,000, $150,000 or $300,000, he was at the latter 99.9% of the time, when he mentioned $20,000, I was on deployment in the Persian Gulf, he knew this, that's why he said it.). Now I feel 1-2 million is accurate, and that is with material donations and volunteer labor as PT 305 did.
When I hit the Powerball, if large enough, I will buy ALL of them.
Take care,
TED


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Dick

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of Dick   Send Email To Dick Posted on: Jan 11, 2017 - 6:05pm
After 7 years of restoration (in 2013) the CEO of the World War II Museum, in New Orleans, estimated the 305 would cost over $1,000,000 in cash and volunteer labor and donated materials, parts and equipment at a value of $5,000,000. As I understand the actual numbers after the ten year restoration project, these numbers are higher. The proud 305 took a small army of volunteers dedicating their time and tools for ten years - a big commitment. As an added bonus, the 305 had in its favor the backing of a $200,000,000 operation, The World War II Museum, New Orleans.

In or after April of 2017 the museum will be offering a tour of the boat for $15 and boat rides for $350, No children under 12 years old will be allowed on the boat.

As a second thought, merely ask Jerry about the high cost of restoration (the 658), which still continues today and will continue for its life. Just the continued overhead costs everyday, as well as all of the volunteer labor and specially the volunteer management of the project, results in a full time venture just to find cash donations to keep the Heritage running and funds for modifications as they arrive.

PT Boats Inc. (HQ) spent over a $1,000,000 in the mid 1980's to restore their first Elco, in todays (2016) dollars that would be at least $2,246,201, The same occurred with their second boat in the early 1990's. Fortunately they had an organization of over 10,000 dedicated vets and members that funded the restoration as as well as thousands of volunteer labor hours and donated materials and equipment. Even today, from time to time they have to create fund drives just to manage boat issues alone.

If you want something done you first have to be honest and realistict about the costs, then find a dedicated Board of Directors, management staff, attorneys, cost accountant and a CPA just to create and run the Non-Profit organization alone.

The way you get others to "Get off their hands" is for you guys to first "Get off your hands" and just maybe other members of this board will follow. I can probably manage to spare the $25.00 out my retirement funds, but at pushing 70 years old not much more.

I was in business for myself for over 45 years. In those years I have founded, purchase and/or partnered many businesses including my beloved graphic design firm (Graphic Dimensions), Printers Ink a 56 employee printing company, Pegasus Sporting Goods a sporting goods manufacturing company, Aomori Marketing USA a cross country ski company, Red-Eye 100 a targeting system, Soccer by the Sea, GDI an Army aviation ground support equipment design and manufacturing firm and way back in the 80's Home Computer Concepts. The point of all of this is simple, with all these businesses, money is an issue, management/supervision is an issue, overhead is an issue, legal is an issue, accounting and taxes an issue, employees are an issue, volunteer workers an issue, tools and equipment an issue, business/liability/umbrella insurances and issue, OSHA an issue ,Federal/State/County/City regulations and licenses an issue, environmental disposal is an issue, so on and so on. The thought of grants be given out is merely a "Pipe Dream", it takes a whole lot more than a business plan - it simply cost money to get money - nothing is free and/or easy.

This is just this old man's personal thought and experience,

I wish all the luck needed for Dave and ThePTBoater in their PT Boat restoration dreams. As you say the two of you will have to "Get off your hands" and pony up some big bucks and a lot of time, the PT Boat fanatical membership on this board aren't going to do it for you.

Let me know when you have your 503(c) up and running and I will mail out my $25 immediately.

Take care,
Dick . . . . .



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Will Day

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of Will Day   Send Email To Will Day Posted on: Jan 12, 2017 - 11:44am
Well said, Richard....

Will

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ThePTboater

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of ThePTboater  Posted on: Jan 12, 2017 - 12:15pm
Our intent was not for everyone to toss their wallets to us, our intent was to get the ideas going, and to come up with a collective plan.
ThePTboater



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  Jerry Gilmartin

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Post a Reply To This Topic    Reply With Quotes     Edit Message     View Profile of Jerry Gilmartin   Send Email To Jerry Gilmartin Posted on: Jan 12, 2017 - 4:31pm
Kudos to Dick for telling it like it is! If there is one thing that I have learned over the last 20 years being involved in the restoration and operation of a WW2 PT boat, it is that you absolutely must have a core group of PEOPLE who are willing to devote a large part of their life to the restoration and operation of the PT Boat. You need somebody who is willing to take action on a daily basis. This is made much more difficult if the members of the group are not even local to the area where the boat is located. That seems to be the hardest thing to do, to get enough local volunteers who can do the work needed to keep such an organization functional. If you get enough local volunteers, all other obstacles are able to be overcome. Sadly, the younger generations do not seem to be so willing to donate their time and efforts into something like this, so the difficulty in achieving these lofty goals is made even higher. I love the ideals but am still doubtful over the chances of success until and unless you obtain somebody who can step up and become the "Champion" of your cause. But I still wish you success!
Take care;
Jerry

Jerry Gilmartin
PT658 Crewman
Portland OR

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