At the time, they were using the space for people to “learn” how to ride. I’ve been in many corporate facilities that big but every square inch was being utilized. I couldn’t imagine that it was ever going to grow that much. I was told it was for growing the business. I was floored at how huge it was and how little they were using of the building for manufacturing. I toured the facility in 2003 with a friend of mine who worked for Ironhorse at the time. I will not be one of those loosing money by investing, LOL I don’t have any and live the way I can afford by working. I am sure there are other companies as well. Where will they be able to go if this is happening already? I also know even before production they have been in court over unpaid bills. I know that Crocker is trying to produce motorcycles and have promised to have x amount built by the end of the year. There are also some companies that are trying to raise money to build motorcycles and I wonder how they are going to survive. Some make money through hard work and supplying a good product, others not. We have all see the growth in the motorcycle industry and those who see it as a opportunity to make money. I see some good motorcycle manufactuers that have worked hard and producing a good product because they spend the time to make a dependable product at a fair price. OH Yea those running the company were making a lot of money and living a lavish lifestyle and much of the money being invested whent there. In Quantums case those running the company were getting investors to give large amounts of money to them and then they were spending large amounts of it to entice more investors as opposed to making the changes to the motorcycle needed to make it reliable. This reminds me of American Quantum a motorcycle manufacturing company based in Florida that I was employed with for awhile. Buyers may view bikes online at Liquid Partners or come directly to the factory, to see where and how they were made. Hours of operation are 10am till 7pm Monday thru Saturday and 12noon to 5pm on Sunday. “We have no illusions, the market is very soft and we are prepared to deeply discount everything.” says Bill Melvin Jr, CEO of Liquid Assets Partners.The liquidation sale starts Wednesday July 15th at the American Ironhorse Factory 4600 Blue Mound Road in Forth Worth, TX and is open to the public everyday until everything is sold. As usual (it must be nice to sell several times the same stuff) Liquid Asset Partners LLC is in charge of liquidating to the best bidders everything that would be “in excess to the new downsized operation” (I just told you, I love euphemisms). Except that the owners are different, and yes it’s a new American IronHorse bankruptcy that I am announcing! And guess what? The press release states, as usual, that after the Chapter 11 Bankruptcy filing, the company intends (again) to reorganize and manufacture “state-of-the-art motorcycles”! But of course, it will be a new “right-sized” facility!!! (I love euphemisms) And of course, all vultures are ready to get on the cheap 1 of the 100 unsold motorcycles, or at least a few parts or piece of equipment or tools. If you feel like you read before the same story in my Blog, you are almost right.
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