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Loki87 jamessmurthwaite's article
May 22, 2019 at 13:03
1 days
Sick Bicycles' Manufacturer Selling Off Frames Claiming Lack of Payment
@wingguy: Let me rephrase that part. "I guess they plan to keep up this sharade until they´re back on solid financial footing again."
Loki87 jamessmurthwaite's article
May 21, 2019 at 16:17
2 days
Sick Bicycles' Manufacturer Selling Off Frames Claiming Lack of Payment
@unrooted: Don´t underestimate how many newbies are out there. Not that many people do actual research before buying and even then, there are still those who actually don´t care being potentially ripped off. I don´t know why, but i´ve met a lot of people who are careless like that. Give things three weeks to calm down and they´ll most likely start selling frames again.
Loki87 jamessmurthwaite's article
May 21, 2019 at 16:01
2 days
Sick Bicycles' Manufacturer Selling Off Frames Claiming Lack of Payment
@igxqrrl: That´s exactly what i suspect is happening here.
Loki87 jamessmurthwaite's article
May 21, 2019 at 15:52
2 days
Sick Bicycles' Manufacturer Selling Off Frames Claiming Lack of Payment
@scottishmark: Nope. As new, unknowing customers continue to pay, they most likely try to sit out those few transitional cases who don´t get a refund or frame. I mean, think of it. Imagine you´re a moron with no business sense or knowledge and you´re stuck without product and refund claims you´re unable to pay back. The logical response would be to declare bankruptcy and try to resolve the matter with as little additional damage caused as possible. The idiots response is to try and sit things out, hoping to not get hit with a massive flood of lawsuits, try to get things off the ground and pay people back once you actually made money back. They´re basically turning some of their early buyers into unwilling creditors is my best guess. Their whole interview and explaination was a mess. They basically admitted to not having any capital while still having open claims. Now they tell us they´re going to pay everyone back (with literally no money in the bank and while obviously unable to pay for product) or give them another product, which again is non existant as their stock status on the site indicates and also the fact they themselves said they do still have open deliveries. Missing a whole shipment of frames isn´t gonna make that situation any better for them. Or did you mean pinkbike reporting a false statement?
Loki87 jamessmurthwaite's article
May 21, 2019 at 15:42
2 days
Loki87 jamessmurthwaite's article
May 21, 2019 at 15:41
2 days
Sick Bicycles' Manufacturer Selling Off Frames Claiming Lack of Payment
I have to agree with skylerd on this. I´ve given PB a lot of crap for recent articles that were questionable at best, but this one is just simple news. And that´s a good thing. No need to jump on the bandwagon, they´re a news outlet and should try to remain as neutral as possible, only presenting facts to their readers.
Loki87 jamessmurthwaite's article
May 21, 2019 at 15:35
2 days
Sick Bicycles' Manufacturer Selling Off Frames Claiming Lack of Payment
They´re probably just struggling for air at this point, using pre payments from new customers to manufacture new frames, slowly closing the payment gap with profits from those new sales. My guess is this sharade will keep going until they´re back on solid financial footing again, but a lot of uninformed new buyers will have to deal with massive delays until then. Most likely won´t work, but that´s my best guess for the strategy they´re implementing right now.
May 21, 2019 at 11:34
3 days
Loki87 rossbellphoto's article
May 20, 2019 at 9:32
May 20, 2019
Loki87 edspratt's article
May 17, 2019 at 13:10
May 17, 2019
Innsbruck Bans Downhill Bikes from Public Transport
@BartDM: Funny you mention that. In Austria, football fans even get their own freakin trains to travel to the games, because they don´t want them in with the regular train passengers. They sometimes intentionally completely trash the trains, yet nobody cares or acts on it.
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