thrstrmech
Well-known member
wow, $11,499
EBR Closes / Bankruptcy
- Thread starter s0dhi
- Start date
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heagachongoose
Well-known member
Prices will drop more. And then skyrocket when ebr is bought out. Once it hits 8k I am bringing one home.
What "banks"? The bikes are mostly floor leased through GE via EBR. With EBR out of business, GE will come after the dealers for the bikes (which they paid about 12k for). My guess is, they will take the loss and start selling for 9-11k. If they drop below 10, I'm snagging one.
BuellyBagger
Well-known member
Hey if anyone needs to unload a nice 1125r for cheap to go snag a 11 90 let me know! 
[up]
jetlee
Well-known member
thrstrmech
Well-known member
heagachongoose
Well-known member
*cough cough
Hero race team.
Hero race team.
hey, if Hero does take over, maybe every bike sold will come with a blueberry slurpie. Calm down, just kidding.
thrstrmech
Well-known member
from EBR facebook page as of 5 hrs ago...
Thank you for the supportive posts, texts, and e-mails since the announcement that EBR has ceased operations. This is a difficult time, and your comments mean a great deal to me personally and also to the EBR team that has done such amazing work over the past few, intense years.
No doubt, it was an incredible ride, feeling like the longest qualifying lap ever. And, then, just when we knew we were about to set an all-time record, we tossed it in the last corner…
Keeping with racing analogies, now we need to get back on the track and look ahead remembering all the things we were doing right around so many turns.
Unfortunately, in the end, we tried to do too much with too little funding, but it doesn't diminish the accomplishments. We introduced the world class American super bikes of 1190RS, 1190RX and 1190SX, while at the same time doing revolutionary work for Hero on the HX250R, Leap, SimplEcity, iON, RnT and many others, plus concepts never publicly seen. It was great EBR innovation and design, and introduced new technology to Hero and its suppliers to provide a real kick start for them. But in the end all of this simply overwhelmed us, and for that we are sorry and saddened.
I want you to know that looking ahead my focus is 100% on helping the receiver best maximize the value from EBR to benefit all, and I will make every possible effort to get the new organization to where it can support the dealers and customers first, and then help find investment to get back to full throttle.
Thank you for your support, it means a great deal. Please stay tuned - I cannot predict the future, but always believe the best is yet to come.
Erik
Thank you for the supportive posts, texts, and e-mails since the announcement that EBR has ceased operations. This is a difficult time, and your comments mean a great deal to me personally and also to the EBR team that has done such amazing work over the past few, intense years.
No doubt, it was an incredible ride, feeling like the longest qualifying lap ever. And, then, just when we knew we were about to set an all-time record, we tossed it in the last corner…
Keeping with racing analogies, now we need to get back on the track and look ahead remembering all the things we were doing right around so many turns.
Unfortunately, in the end, we tried to do too much with too little funding, but it doesn't diminish the accomplishments. We introduced the world class American super bikes of 1190RS, 1190RX and 1190SX, while at the same time doing revolutionary work for Hero on the HX250R, Leap, SimplEcity, iON, RnT and many others, plus concepts never publicly seen. It was great EBR innovation and design, and introduced new technology to Hero and its suppliers to provide a real kick start for them. But in the end all of this simply overwhelmed us, and for that we are sorry and saddened.
I want you to know that looking ahead my focus is 100% on helping the receiver best maximize the value from EBR to benefit all, and I will make every possible effort to get the new organization to where it can support the dealers and customers first, and then help find investment to get back to full throttle.
Thank you for your support, it means a great deal. Please stay tuned - I cannot predict the future, but always believe the best is yet to come.
Erik
Mwstevenson
Well-known member
Something I was just thinking about: if they (EBR) are 20 million short and that is half (Hero owning 49.? %) if someone else comes in to invest they then would be partners with Hero. You would have to think Hero would have something in place, in the form of contractual wording, to have first right of refusal. Don't mean to get too deep, kicking back with a few beers and damn I was looking forward to an AX.
heagachongoose
Well-known member
BAHA. You guys are silly.
Idk. A blueberry slurpie sounds pretty good to me.
Yahp. Just saying. More to the picture than what the public is being fed.
Idk. A blueberry slurpie sounds pretty good to me.
Yahp. Just saying. More to the picture than what the public is being fed.
