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Old 11-19-2004, 08:47 AM
coyled coyled is offline
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Join Date: Jan 2000
Location: scottsdale,az,
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Hi-tech was based in Phoenix and went out of business in late 1998 to early 1999. I have maybe the last cobra they produced in December of 1998. Tom D'antonio sold the hi-tech business to Tim Gunning in the early to mid 90's. The csx 4000 and the hi-tech are the same cobra except for the IRS 9 inch that hi-tech offerd. Hi-tech was taking customer deposits and using those deposits to complete cars that were allready paid in full. The scheme ended when not enough new deposits were coming and at the same time paid for cars were not completed. Hi-tech did employ some very good people, that eventually told me the truth and allowed me to get my cobra with most of the parts. The business was constantly out of cash as cash was going out the door to the owners to support there life style. I was fortunate to get my car and not be involved with the numerous lawsuits that were filed. Scott