GasGas Factory News ?

[Rod Overstreet]

Hummmm...Lose the commercial network by the 18th? There was a deadline???

That's news to me.

[ramcclure200]

Deadline??? heck at this rate it's liable to be 2025 before they settle this thing by then the greenies will probably have dirt bikes banned anyways due to Global warming er..climate change

[Mark Berg - CPD]

The EICMA http://www.eicmausa.com/ Milan motorcycle expo starts November 17th for industry people and then the general public the 19th...thus they are really trying to push for a finalized agreement before the whole industry goes to Italy.

What better way to reboot then to have things agreed upon and have a small display at the worlds largest motorcycle expo. I have been there and can tell you, our industry shows in the US don't hold a candle to that show! Its AMAZING!

[Rod Overstreet]

Originally Posted by GoFasters

The EICMA http://www.eicmausa.com/ Milan motorcycle expo starts November 17th for industry people and then the general public the 19th...thus they are really trying to push for a finalized agreement before the whole industry goes to Italy.

What better way to reboot then to have things agreed upon and have a small display at the worlds largest motorcycle expo. I have been there and can tell you, our industry shows in the US don't hold a candle to that show! Its AMAZING!

Maybe even bring the Concept 310 to the show...again.

[Elvis74]

looks like Torrot made it

http://www.diaridegirona.cat/economi...ta/751466.html

[Rod Overstreet]

Originally Posted by Elvis74

looks like Torrot made it

http://www.diaridegirona.cat/economi...ta/751466.html

More than likely....but read the article, last paragraph. Same story today as it was last week. Nothing has been finalized.

[wrench]

Anybody have he article translated?
I can't get it to work on my phone right now.

[VxZeroKnots]

It sure doesnt translate well. That we can state as fact!

Originally Posted by wrench

Anybody have he article translated?
I can't get it to work on my phone right now.

GIRONA | ACN / DDG template Gas Gas commitment to the takeover bid submitted by the manufacturer of electric motorcycles Torrotes. Through his lawyer, workers now enter a written Companies will know where your preference. Also ask the judge via self, who will solve the production unit Gas Gas before 17 November. The aim, explain sources of workers, is to avoid "further expand" the current manufacturer's trial bikes and enduro Salt.
Of the three purchase offers that were presented before the Court, is the highest of Torrotes economically . Provides 9.66 MEUR and it plans to invest more than 13 to advance a feasibility plan. Torrotes keep 55 workers eighty today. "It clarifies the future supply stability Gas Gas Industry and consequently also their employees," indicated from the council. And they add: "And not only with regard to workforce investment project, but also for being a Catalan company and the vision and commitment of Torrotes."
A bid Torrotes quantitatively, the fund continues WRI investment. Proposes to acquire productive unit Gas Gas by 7.02 million and subrogation 60 workers. The staff, however, welcome the voice that has always maintained that precisely those funds are those who have led to the current situation.
The third offer presented by the French Sherco is the offering the lowest (2.65 million) and plans to take on 47 workers.
Although the council requires the court quickly, the deadline for a decision Mercantil is still open. The judge can give option to the three companies that submitted an offer once the stems open, what reformulate their offerings. It also remains to be seen what the report says before insolvency administrator make decisions about buying Gas Gas.

[Rod Overstreet]

Originally Posted by VxZeroKnots

It sure doesnt translate well. That we can state as fact!



GIRONA | ACN / DDG template Gas Gas commitment to the takeover bid submitted by the manufacturer of electric motorcycles Torrotes. Through his lawyer, workers now enter a written Companies will know where your preference. Also ask the judge via self, who will solve the production unit Gas Gas before 17 November. The aim, explain sources of workers, is to avoid "further expand" the current manufacturer's trial bikes and enduro Salt.
Of the three purchase offers that were presented before the Court, is the highest of Torrotes economically . Provides 9.66 MEUR and it plans to invest more than 13 to advance a feasibility plan. Torrotes keep 55 workers eighty today. "It clarifies the future supply stability Gas Gas Industry and consequently also their employees," indicated from the council. And they add: "And not only with regard to workforce investment project, but also for being a Catalan company and the vision and commitment of Torrotes."
A bid Torrotes quantitatively, the fund continues WRI investment. Proposes to acquire productive unit Gas Gas by 7.02 million and subrogation 60 workers. The staff, however, welcome the voice that has always maintained that precisely those funds are those who have led to the current situation.
The third offer presented by the French Sherco is the offering the lowest (2.65 million) and plans to take on 47 workers.
Although the council requires the court quickly, the deadline for a decision Mercantil is still open. The judge can give option to the three companies that submitted an offer once the stems open, what reformulate their offerings. It also remains to be seen what the report says before insolvency administrator make decisions about buying Gas Gas.

Good grief man...that's clear as mud!

[shang]

What I'm getting out of it is that the workers prefer Tarrot take over. I don't think any other decisions have been made though.

Does that sound right to you guys?