EBR Closes / Bankruptcy

[user_deleted]

the "Dots" really need to stick to what they're good at:
1-running bed-bug infested run-down motels
2-selling lottery tickets and discount cigarettes at cockroach infested run-down mini-marts.
3-receiving full scholarships...housing subsidies...cash entitlement payments......to attend US medical schools. all on the US taxpayer dime of course.

 

[djs2k2]

Lunatic- I'm sensing a little pent up frustration! Take a breath no need to have an aneurism, I would hate to lose a member!! And yes this is as shady as you get, maybe one of the Buell employees will take a job with hero just to burn the building down! Either way I hope Buell/ebr lives on no matter what it takes!

 

[go cytocis]

the "Dots" really need to stick to what they're good at:
1-running bed-bug infested run-down motels
2-selling lottery tickets and discount cigarettes at cockroach infested run-down mini-marts.
3-receiving full scholarships...housing subsidies...cash entitlement payments......to attend US medical schools. all on the US taxpayer dime of course.

You’ve posted thousands of invaluable times on here so I’m surprised to read your most recent in which you appear to be:
a) hacked, or
b) drinking, or
c) someone other than the wise & tolerant person I believed.

Let’s keep the hate & prejudice out of it please…

 

[djs2k2]

 

[stamen]

I agree being haters and bringing culture into this publicly only gives us a bad name. It's ok to hate on scamy business deals though. Nobody likes those. But it's possible that Hero didn't pay EBR because they were in financial trouble to begin with seeing as their stocks were going down and their competition was increasing.

 

[moshaholic2]

But it's possible that Hero didn't pay EBR because they were in financial trouble to begin with seeing as their stocks were going down and their competition was increasing.

they just had the most profitable quarter EVER. Their stock has tanked as soon as the EBR deal went sour and surfaced. Their sock was boosted big time by the prospect of HERO getting EBR engineering help. Now, they have lost that and their stock has taken a dump.

I hope they shot themselves in the foot if all these rumors are true.

 

[mriulvr]

This whole thing sucks, again. Second time that a major company seems to have recognized the brilliance of the bikes Erik creates and then finances result in them taking the easy way out and shutting him down. I can't believe that there isn't someone out there with the funds to support and vision to recognize what a world class American sports bike would mean. To take a fledgling company without the R&D of the big boys and be competitive on the track is truly amazing. Just imagine what Erik could do with the right backers and time to get the bikes dialed in! Then there is the selfish part of me that fears that the AX will never see the light of day and my plan of adding an SX to my garage in two years going up in smoke.

Anyone know if Mark Cuban is a motorcycle guy? Gas Monkey sold him a car, Aaron is a Bueller, ...?

 

[mrlogix]

He needed a PR guy like Richard Rawlings....just saying..

 

[user_deleted]

Let’s keep the hate & prejudice out of it please

my apologies ken. shouldn't have posted that. frustration.

 

[mriulvr]

He needed a PR guy like Richard Rawlings....just saying..

WHOOOOO!!!!!! I need a beer.

 

[Hughlysses]

This whole thing sucks, again. Second time that a major company seems to have recognized the brilliance of the bikes Erik creates and then finances result in them taking the easy way out and shutting him down. I can't believe that there isn't someone out there with the funds to support and vision to recognize what a world class American sports bike would mean. To take a fledgling company without the R&D of the big boys and be competitive on the track is truly amazing. Just imagine what Erik could do with the right backers and time to get the bikes dialed in! Then there is the selfish part of me that fears that the AX will never see the light of day and my plan of adding an SX to my garage in two years going up in smoke.

HD were saints compared to this Hero deal.

 

[GregoXB]

I wish Erik just toughed it out and stayed "Fiercely Independent." As unethical as Hero was, EBR is partly to blame for putting all their eggs in one basket and not listening to their own motto. They got all googly eyed as soon as Hero flashed them some green. If EBR was ever to be a successful company, it would only be through sacrifice, determination, and perseverance.

 

[camouflage]

Reading this http://www.roadracingworld.com/news/hero-motocorp-ltd-trouble-in-india/ brings back some memories of frustration and infuriation after having worked with a number of Indian companies.
They certainly dont do business in the same style as Europe or the USA where contracts are honoured and payments are made on time for goods or services recieved to an unwritten mutualy agreed standard of business.
I guess they just look at business on a different angle but on the whole they always want twice the agreed contract for half the agreed price.......
This then presents the problem that if you dont hold enought leverage in the deal then you will have your pants pulled down! How could Eric say "no more design work" when they kept dangling a $25m carrot....
I guess he let too much design work pass with out payment. He should of turned the design tap off until payment was recieved on the earlier stages of design work.

It just sucks that Eric has had the rug pulled from under his feet for the second time!

 

[Gloomshadow]

EBR should get a settlement out of that one .. 20 million is a lot to scam from someone.

 

[BambamXB12r]

Let's hope he gets back on his feet and truly stays fiercely independent this time. I have faith in Erik and his passion for building world class, truly unique bikes. He will be back, it just will take some time.

 

[doberdann1019]

Its sad they are closed, but thanks EBR for the 50% off sale!

RIP

 

[Cosworth]

^Thanks for posting, I grabbed myself a few things.

 

[Cherry_Bomb]

^Thanks for posting, I grabbed myself a few things.

From where since his site is shut down.

 

[Cosworth]

its http://ebrracewear.com different site.

 

[Hughlysses]

^ Most stuff is 50% off; discount shows at checkout. Orders are taking a while to get filled since they've gotten so many, so it may take 3 or 4 weeks to get your order.