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Buell Forum » Quick Board » Archive through September 20, 2015 » EBR racing to close » Archive through August 05, 2015 « Previous Next »

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Jaimec
Posted on Wednesday, August 05, 2015 - 06:10 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Guess I'll have to check in tonight when we pull into Washington, PA (Day 1 of our two day ride to Indianapolis). Hope things work out for the best for everyone!
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Squish
Posted on Wednesday, August 05, 2015 - 01:54 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I have an uncle in Washington, PA.

Hope this auction ends in our favor. Owners of Buell & EBR motorcycles.
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D_adams
Posted on Wednesday, August 05, 2015 - 01:55 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

So I got confirmation the sale happened. No firm info on exactly who it was, but this got posted to Erik's fb page. Not wanting to start rumors, just looking for clarification/confirmation on who the buyer is. US based company possibly?


quote:

The Belfer Group acquires EBR at auction -- a new chapter starts today for Erik Buell's legendary innovative company.


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Moshaholic2
Posted on Wednesday, August 05, 2015 - 02:14 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Thats a lighting company if its the same Belfer Group...
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Hughlysses
Posted on Wednesday, August 05, 2015 - 02:22 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

The guy that posted that comment appears to be legitimate and he confirmed that this is indeed the lighting company.

He followed that with this:

quote:

real bikers that want to keep EBR together & moving forward ... they are not corporate monkeys.



Well, damn. I don't think any of us saw that one coming!
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Hughlysses
Posted on Wednesday, August 05, 2015 - 02:24 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

MAJOR UPDATE.

Bruce Belfer just posted:

quote:

Actually, the Atlantic Metals Group has acquired the assets of EBR as a going concern. Dimitri, please correct the post.


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Moshaholic2
Posted on Wednesday, August 05, 2015 - 02:31 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Hell yeah! hope we some trickle down from the WSBK bikes into the production models. Would be great to see the bikes running at the fore front of Motoamerica. That would be a huge push for the brand.
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Glitch
Posted on Wednesday, August 05, 2015 - 02:37 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

yeah, get your stuff together Dimitri!
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Glitch
Posted on Wednesday, August 05, 2015 - 02:49 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

No results found for "Atlantic Metals Group".
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Hughlysses
Posted on Wednesday, August 05, 2015 - 02:53 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

You can find hits for "Atlantic Metal", but I don't have a clue which of them could be the buyer.
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Glitch
Posted on Wednesday, August 05, 2015 - 02:55 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

when asked who else bid, Dimitri said
" that doesn't matter brother ... there were only 3 of us interested & present for the auction ... good things on the horizon for EBR - that is all that matters now ..."

I think Dimitri has his stuff together
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Readyxb
Posted on Wednesday, August 05, 2015 - 03:12 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Have these posts been deleted from the EBR facebook page? I don't see any of this.
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Noone1569
Posted on Wednesday, August 05, 2015 - 03:14 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

They are on Erik's page not EBR's. Interesting that the individuals apparently bidding on EBR are friends with Erik on FB and speaking about such on FB. New world eh? ; )
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Readyxb
Posted on Wednesday, August 05, 2015 - 03:17 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

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Hybridmomentspass
Posted on Wednesday, August 05, 2015 - 04:11 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"yeah, get your stuff together Dimitri!"

This made me laugh, thanks bud
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Buelliedan
Posted on Wednesday, August 05, 2015 - 04:38 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

hopefully they have enough capital left over to make it work!
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Hootowl
Posted on Wednesday, August 05, 2015 - 04:59 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"Atlantic Metals Group"

They're a record company. The Thunderbolts got a record deal as part of the sale price. Erik Eddie insisted. I know this because I made it all up.

One last wild rumor for this thread.

(Message edited by hootowl on August 05, 2015)
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Blackm2
Posted on Wednesday, August 05, 2015 - 05:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

what does "... as an ongoing concern." mean exactly?
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D_adams
Posted on Wednesday, August 05, 2015 - 05:18 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

They want the business to continue as it was prior to the shutdown and to NOT close the doors permanently.
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Glitch
Posted on Wednesday, August 05, 2015 - 06:08 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

"I know this because I made it all up."
I know it was bs when there was no mention of Eddie
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Hootowl
Posted on Wednesday, August 05, 2015 - 06:22 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Fixed! Believe me now?
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Glitch
Posted on Wednesday, August 05, 2015 - 06:41 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

perfect!
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Ferris_von_bueller
Posted on Wednesday, August 05, 2015 - 06:43 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Bruce Belfer has a colorful past
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Buellerxt
Posted on Wednesday, August 05, 2015 - 07:14 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Good stuff, Hootowl. : )
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Moshaholic2
Posted on Wednesday, August 05, 2015 - 08:02 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I noticed that about Bruce too.... Weird that he is listed as the singular owner of a electrics/lighting company..... But doing security at concerts on the side?

Eitherway, I hope this is a legit attempt to get EBR back up and running in a good direction.

Atlantic Metal "group" doesnt really bring anything up. But, it does bring up Atlantic Metals in CT that specialized in exotic metals and manufacturing.
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Moshaholic2
Posted on Wednesday, August 05, 2015 - 08:10 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Also, the Family name Belfer is tied to oil, and at one point Enron. Belfer made a ton of money off a sale of an oil company in 83 and distributed the $$$ among the family.

Perhaps its the same Belfers?


The above info is pulled from a WSJ article talking about Belfers losing $$$ w/ the collapse of Enron
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Steveford
Posted on Wednesday, August 05, 2015 - 08:32 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

With only 3 bidders how could you not know who won the auction?
Who are these guys?
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Hughlysses
Posted on Wednesday, August 05, 2015 - 08:41 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I finally found a listing:

http://www.bizapedia.com/nj/ATLANTIC-METALS-GROUP- LLC.html

They're in Farmingdale, NJ which is where Belfer is located.
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Davegess
Posted on Wednesday, August 05, 2015 - 09:16 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

all will revealed tomorrow in court
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1313
Posted on Wednesday, August 05, 2015 - 09:24 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

all will revealed tomorrow in court

Music to my ears!

Can't wait to hear it tomorrow,
1313
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