- 38 - the rigs.8 Additionally, companies in the rig selling business used manufacturers' representatives to do the maintenance so the representative could provide certificates to a prospective purchaser with independent verification that the equipment was operational. CDC did not hire equipment manufacturers' representatives but rather performed its own maintenance work. Companies that were in the business of selling drilling rigs maintained offices in Houston because buyers from around the world came to Houston to shop for drilling rigs. CDC never opened an office in Houston. CDC located its rigs in remote areas in Oklahoma and Texas where the demand for drilling would occur. CDC would have advertised the sale of its rigs in trade publications. CDC never advertised in any trade publication that specialized in advertising rig sales in order to sell any of its rigs. CDC would not have acquired trucks and forklifts because it would have been cheaper to hire a trucking company to move the rigs and equipment only one time before they were sold. 8 It was more expensive to maintain rigs in a state of readiness than it was to maintain them for resale.Page: Previous 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 Next
Last modified: May 25, 2011