| Author | Message | ||
     Hughlysses |
Based on posts on Facebook by people who were listening in by phone, the sale to Liquid Assets was NOT approved. Hearing will be continued on January 14. Bruce posted that this is a good thing. I believe it gives him another shot at it. | ||
| Bruce_belfer |
Boom.  | ||
| Budgolf |
I love it when someone throws booms around  | ||
| Finedaddy1 |
I'm still pulling for ya Bruce! | ||
| Wolfridgerider |
 | ||
| Noone1569 |
I'm excited | ||
| Daleg |
I think we all are pulling for Bruce! | ||
| Gearheadgrrrl |
Thanks for making me look like a fool!... http://gearheadgrrrl.com/2015/12/14/buellers-make- me-look-like-a-fool/ | ||
| Plotter |
Formal written "objections" to the sale to Liquid Asset Partners to be submitted to Judge Koss by January 6th hearing continuance till January 14th at 8:30am - CASE# 15CV00247 - Branch I - CIVIL Judge: Hon. Phillip A. Koss Location: Room 3021 Phone: (262)741-7023 - Lori lori.schiemann@wicourts.gov Court Reporter: Sandy Elderbrook Janet Schulz Phone: (262)741-7009 E-Mail: sandy.elderbrook@wicourts.gov janet.schulz@wicourts.gov | ||
| Rick_fears |
Just popped in to be an ••••••• and say, I told you so. Now let's get some shit done. Everyone has a part they can do to help. Good men are currently working on organizing and orchestration behind the scenes. Stay tuned and be ready to do what you can to help. We can make a difference. Lets save EBR. | ||
| Noone1569 |
I didn't want to say it, but you did Rock. Haha once I made that Facebook post on the owners group so many people doubted it lol WE can change the outcome. Pull together and do thia | ||
| Buelliedan |
I must say I am really pissed about this. I called the lawyer handling the auction about what it would take to be a bidder on EBR and was told the opening bid was already placed at 3 million. Then I read that it went for 1.6? Sounds like they need a new lawfirm if that is the kind of misinformation they are putting out. | ||
| Panshovevo |
Buelliedan, I think I'd be documenting my complaint and submitting it to the judge. Kinda sounds like maybe that lawyer was discouraging other bidders for some reason, and the judge might want to know why. | ||
| Hughlysses |
Do you think Erik would request a different Receiver if he had it to do over again? | ||
| Cmmagnussen |
Liquidation Lawyer has a relationship with a Liquidator? Nah impossible...... | ||
| Buelliedan |
I have sent an e-mail to the judge. If I don't hear back within a few days i will call. | ||
| Hybridmomentspass |
Would be awesome if Dan could get it | ||
| Panshovevo |
Personally I don't care who gets it as long as Erik stays in the game. Sounds like Bruce has a lot of time and money invested already, it would be good if that paid off for him. Ultimately, I hope that whatever is best for Erik and EBR happens. | ||
| Reducati |
a glimmer of hope  lets hope for a hail mary pass on Jan 14th | ||
| Needforspeed |
It seems odd to me that Bruce bid $2.6M the 1st time around and was out bid this time with only $1.6m. Why did Bruce's bid drop so much? Did Hero take so much inventory to reduce value by that much? Did his investor back out because of events from round one so he could not pull together the money? I though I heard that keeping it as a motorcycle company was in the conditions of being able to bid on it; so how did a liquidator even get considered in the bidding? | ||
| Glitch |
These and other questions will be answered soon! So stay tuned ... Same Bat-Time! Same Bat-Channel! | ||
| Mog |
A film, no less powerful than The Fastest Indian, might be more the ticket, provide vast notoriety, provide a greater following and lastly a podium finish from which to glean investors in a new start. Right here in Wilmington, NC is the Screen Gems Studio that gave us Iron Man and a whole host of others. Hey Court, convert the book to a screen play. Come on down and do not worry about a bike, I have one just for you.  It was only 77 degrees F yesterday.... and a great ride. | ||
| Hughlysses |
Buelliedan- Here's an interesting bit of info from Facebook, which may explain what you were told. This post comes from Demetri Melekos. Demetri was present at the original auction but did not bid. He apparently spoke on the phone to the court during today's hearing. Someone on FB asked a question about an alleged anonymous bidder's involvement. Demetri responded: "There was no anonymous bidder- there was a "contingency" offer predicated on them being able to raise $3.15m by the auction date (which they didn't)." That figure sounds very close to what you were told on the phone. | ||
| Readyxb |
I thought the business plan comment about "concentrating on export markets" was interesting. | ||
| Thumper1203 |
I think we all are pulling for Bruce! ..absolutely | ||
| Hughlysses |
Article on yesterday's hearing: http://www.jsonline.com/business/judge-declines-to -approve-sale-of-motorcycle-companys-assets-b99634 187z1-362120151.html | ||
| Milar |
The 7 Stages of Grief: 1.Shock and denial 2, Pain and guilt 3. Anger and bargaining 4. Depression 5. The upward turn 6. Working thru 7. Acceptance and hope. It's over guys. Erik isn't fighting to save the company. He's not even bidding at $1.6 million. He's kissed it off and moved on. So let's all get to #5 and see what's next. Mike | ||
| Milar |
FYI: What I'm referring to is Erik bidding thru a proxy corporation. An investor who would buy the company with the understanding Erik would be involved. M | ||
| Jaimec |
One more month of wild-ass speculation and blue sky dreaming... | ||
| D_adams |
I may be taking this out of context, but I do believe you're wrong. By LAW, he is prohibited from bidding. Chapter 128 receivership laws, maybe check that out? |
