And the shareholders that turn their eyes away from a lot of bullshit behavior as long as the stocks go up.
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RIP The Industry™
- Thread starter jonKranked
- Start date
No wonder the Yellow people couldn't give a fuck about the White People's BS patents, check this out-
US8662517B2 - Steering bearing assembly - Google Patents
A steering bearing assembly includes a cap and a bearing element that define an axial force transmission path therethrough. A compression ring is moveably coupled to the cap and is disposed radially inwardly of the bearing assembly outside of the axial force transmission path. The compression...
patents.google.com
They don't turn their eyes. They look at it and lock eyes.
Anything goes, as long as it equals profit, profit and PROFIT.
Looks like Rocky is about 68 million in debt.
They killed the entire (save 1 or 2 ) of the BC office, the designers, prototypers, sales and support staff, but the QC based C suite is pretty much untouched at this point.
That makes a lot of sense. Fire the ones actually doing good work and keep the ones who decided to fuck around far outside of core competencies.
Hope they can somehow pull a rabbit out of this mess.
They killed the entire (save 1 or 2 ) of the BC office, the designers, prototypers, sales and support staff, but the QC based C suite is pretty much untouched at this point.
That makes a lot of sense. Fire the ones actually doing good work and keep the ones who decided to fuck around far outside of core competencies.
Hope they can somehow pull a rabbit out of this mess.
So, RM developed their own motor for their e-bikes. That must have been so expensive. Reminds me of Cannondale’s motorcycle debacle. Stay in your lane!
Dyname™ 4.0 is incredibly powerful and is truly a leader among e-bike motors. We designed the power curve within the software to deliver the 108Nm smoothly, allowing you as the rider to soft pedal around tight switchbacks or drop the hammer through a chunky, punchy, portion of trail.
Dyname™ 4.0 is incredibly powerful and is truly a leader among e-bike motors. We designed the power curve within the software to deliver the 108Nm smoothly, allowing you as the rider to soft pedal around tight switchbacks or drop the hammer through a chunky, punchy, portion of trail.
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From what I understand Dyname is its own separate company. (Albiet owned by the same dude as Rocky) Rocky licences the motor and apparently the motor in various guises is (was?) used in bike share platforms.
Dyname - e-bike drive systems
Introducing the next generation, Dyname 4.0 drive system, the most advanced and powerful system in it's class.
www.dyname.ca
L0L, I have four Rocky’s that I knew I wouldn’t be able to get much for, but damn. Its like $36k ‘worth’ of bikes.
Anyone wanna trade for a GG in about a year?
Anyone wanna trade for a GG in about a year?
I don't know why Ibis is on that list. Other than their attempt at an ebike, all their decisions seem lean and profitable. I see lots of Ripleys & Ripmos selling.
36 mil in debt. Fuck!
Weak ass managment. If they spent harder they'd have saved the company…. Haha kidding.
Its seems a culture of lack of responsibility amongst the newer generation of leaders of companies. Who cares if it sinks, we will go elsewhere….not this time ladies and gent bro managers. You be flippin burgers. Economy aint that strong.
Not cool to be conservative…haha.
Weak ass managment. If they spent harder they'd have saved the company…. Haha kidding.
Its seems a culture of lack of responsibility amongst the newer generation of leaders of companies. Who cares if it sinks, we will go elsewhere….not this time ladies and gent bro managers. You be flippin burgers. Economy aint that strong.
Not cool to be conservative…haha.
Holy shit, this should put Rocky’s debt load into perspective.
(but it’s all proportional to sales, of course)
Should I commit Hari-kari now, or do it on Facebook live?
(but it’s all proportional to sales, of course)
Should I commit Hari-kari now, or do it on Facebook live?
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that is cultural appropriation. Go with a blood eagle or simple quartering.
I approve of the blood eagle reference.
Nothing more metal than a Christmas blood eagle ceremony.
He better commits harakiri/seppuku.
I approve of the blood eagle reference.
Nothing more metal than a Christmas blood eagle ceremony.
It is what little baby jesus would want
This is why the stock market and pe are dogshit. Everyone is thinking about quarterly growth at all cost and if sales don't go up costs are cut in moronic ways. Sure going public allows you to grow faster but you no longer control the company so not sure that's a benefit. I worked for 2 privately owned companies and 2 publicly traded ones and fuck me the publicly traded ones panicked if even the smallest % of the growth pie didn't grow. Zero long term thinking and ignoring employees with good ideas constantly. Random dumb cuts and huge employee churn.
The private companies had some issues but if things were not going according to the plan the company simply analyzed the problem and proposed systemic solutions. Ironically those companies had a harder time finding talented workers than the publicly traded one (though my current one is dogshit at finding talent despite paying really good money)
dont worry, I helped the local bike shop make end of year quotas by ordering a jamis bike
I use the old DNS66 APK on Android. You can download it from F-Droid. It's as simple as it could be, unobtrusive and lightweight.
anyone know of what became of the old GG molds and IP? I knew they went to auction, but dont know of anything after that
It's not a cultural thing. It's incentives. If execs are forced to think in quarters and will get rewarded for growth over profits this is what happens. We need a massive reshaping of how corporations work. Hell I know of one company that trashed their tv channel because the CEO panicked when there was a 2 quarter downturn when it was simply a mixup of 2 large cultural events draining the viewership
also, how did rocky talk Wells Fargo into a 31 million dollar loan?
what did they provide as collateral for that loan?
what did they provide as collateral for that loan?
If the swingarm wasn't broken, could be a unique piece of history.
Like how Fox Shocks will cut prices right before the end of the quarter if sales are down so they can "make their numbers", then raise them again a few weeks later.
We learned to wait until such times before placing a bigger order, sometimes it would save $75+ per shock at dealer cost.
I took advantage of the sale, not mad. 36 grip x2 on the way.
wells had to have looked at the balance sheet listed in the restructuring filing, and seen that rocky had failed to turn a profit in the last 2 years (not even close either, loses of 18-19 million) and then said "yeah, a line of credit for 30 million seems ok"
though, to be fair, their revenue was 260 million (2023), and 195 million for 2024, but still
