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I just joined this site and am surprised about the reactions and absurdity on this site. Does everybody know who really Marcopolo is and why he wants to make VECTRIX bankrupt with his personal vendetta. ?
Are there some people interested in what really happened in VECTRIX? By creating this rumor in the market Marcopolo destroys the importers businesses, the dealers businesses and also disadvantage the end user. Well done Marcopolo, compliments ! And now you are going to ask some new people to cooperate with you ? Why should they knowing what you are doing at this moment ?
I am not going to ask you to look into your own mirror but will advise you to do so, that’s the difference. Fight out your personal vendetta in a personal battle.
I do not want to be tickled under my bare foot Marcopolo, I am allergic for that and unfortunately I cannot predict the consequences. That has to be found out by my medical specialist.
By the way : I am not from the US, Europe or Australia ! perhaps Antarctica ?
WOW!
Hey Mr Frost, I never realised I had all that power that my little post could destroy a $400 million dollar company!! Amazing! This web forum is amasingly influential!
Now you wouldn't be ole Jim Knolf's brother, would you? C'mon I recognise the familar prose.....
Hmmmm..But I don't see you supporting Mr Mik's rescue plan? How 'bout a contribution from you and ole Jim eh..
I know, I know I shouldn't let them get to me!!
marcopolo
ROTFL! Yeah, I'm surprised by absurdity too - but it's not from Marcopolo's posts.
Let's at least get one thing straight: Vectrix managed to go bankrupt all by themselves. Guess how they did it? They spent more money than they had. How did they do this? They had too much overhead and sold too few bikes. It's really quite a simple concept. This thread has nothing to do with why Vectrix failed to sell enough bikes or raise enough money (hint: see the thread "why did Vectrix fail" for that discussion).
This thread has to do with how Vectrix Corporation (represented here by Vectrix UK) is dealing with this current situation. They're dealing with it badly on this forum (to think that a multi-million dollar corporation would be dissuaded from communicating with its customers because of one individual is ludicrous). Elsewhere (i.e. not via this site) they communicated their intent to file for bankruptcy with an official company press release. This was followed by the website being shut down. Now the website is back up (with no mention as to why it went away). I've not yet seen an official company response that says they aren't sticking with their original plan and filing for Chapter 7 bankruptcy in the US.
Going by what Vectrix corporation have previously stated it's still game over. Only the account known as "Vectrix UK" has implied anything different.
John H. Founder of Current Motor Company - opinions on this site belong to me; not to my employer
Remember: " 'lectric for local. diesel for distance" - JTH, Amp Bros || "No Gas.
Well Marcopolo, having nailed your colours to the mast, trying to destroy a bunch of keen enthusiastic Vectrix engineers, how about some back ground information? Are you a corporate finance lawyer or something more obtuse? Do you actually own a Vectrix? If so, for how long?
Let me tell you my tale as you are a newcomer to the forum.
I have owned a Vectrix since the UK launch 2 years ago. I have nothing but praise for the guys down at Vectrix UK. Any problems I have had have been sorted out without quibble or delay. Collection and return within a week. Not many companies can say or do as much.
January this year I was knocked off my Vectrix by an inattentive woman driver. Apart from my injuries the bike was a complete write off. With their support I was able to get a sensible price for the wreck from the insurance company and was able to purchase an ex-demonstrator from them. Again the support has been excellent and even, although the rumours and slander from you are unjustified, they still are willing to provide support as individuals IF the parent company goes to the wall.
So lets quit the rumour-mongering and stirring and be patient. They are trying their best to resolve the situation which is not being helped by your comments on what used to be a really good technical forum.
My total mileage over the 2 bikes/years is over 6000 of delightful riding, MIk has done some excellent work with his Vectux, explaining a lot of the technicalities involved in such a complex machine, mainly I suspect from poor dealer support in OZ,
Regards to all, keep the faith
Ray
Ray
marcopolo
Well I heard that marcopolo is the one responsible for having wiped out the dinosaurs, so I can quite easily see why people assume that he's trying to bring down Vectrix.
I also read, on this very forum, that there's a Vectrix dealer in LA that won't/can't honor warranties because he can't get a supply of parts. The warranty issue wasn't addressed by Vectrix UK, but they did say they had a steadily improving supply of parts. If this is the case, then why the difference between UK and US dealers? This isn't any kind of conspiracy theory, simply a straightforward question that could be dealt with a straightforward answer.
Yep! I got them pesky Neanderthals too!!
I just thought I would quote an official statement, by a real vectrix executive, the CEO Mike Boyle.
"15 July 2009
Date: 15 July 2009
On behalf of: Vectrix Corporation ("Vectrix" or "the Company")
For immediate release
Middletown, R.I. - Vectrix Corporation (AIM: VRX) (www.vectrix.com) announces
that it has laid off all but essential staff in an effort to conserve cash while
continuing to pursue strategic options including the sale of the Company.
Remaining staff will simultaneously begin the process of preparing for a
bankruptcy filing under Delaware law with a view to filing in the next thirty
days in the event continuing efforts prove unsuccessful. "
Sadly, today is the eighth, and Mr Boyle has not been able to reassure creditors of any degree of success in his search for refinancing.
There are reports of more than 70 law suits about to be served against the directors of Vectrix Corp personally, but this may be just legal scuttlebutt, and I can only verify 7 .Still those 7 are claims exceeding $US25 million and are reserved for directors and officers in financial and legal control of the corporation.
Oh, by the way, to those I upset, don't read the guy's at AutoblogGreen! They will really upset you!
marcopolo
come on marcopolo lets see you picture..??????????
i dear you..kev
Hi there Marcopolo,
I am an engineer and I also think, like you. So far you have said nothing that anyone with an enquiring mind could possibly object to.
I imagine that your skills are in the accounting/legal/business/commerce arena and therefore you are well aware of the techniques of corporate deception, intentional or otherwise.
Vectrix owners really need this input from you despite the fact that some of them appear to have screwed up emotions concerning the VX1, a problem which, I suspect, clouds their better judgment temporarily.
Keep up the good work, I fear that your comments on the facts and detail of the impending demise of the Vectrix Corporation, will all be shown to be both accurate and just in the very near future.
Well mr Polo,
I have noting to do with Knopf but you think that you can shout lies do you!
You used always your internal documents for shouting to everybody how bad VECTRIX is. Your opinion about this site, and some users was that they were crazy and want to destroy VECTRIX. And now you are using them: that's your real you
More details ??
Greetings from Antartica
Too right! Only lemmings could fall for his blatant lie to have wiped out the pesky neanderthals! Or what else are you referring to, exactly?
You do of course refer to Mr. Mik here, as I deduct from another recent comment on V.
But there you go, intelligence in action! It's called learning!
I can assure you that neither saving, nor destroying Vectrix Corp has a place on my agenda. They are obviously experts at that themselves, patently obvious by now!
But I certainly decided to not be the victim in this personal story of mine. You can fight the bully so you can stay on your level, or you can jump to a level where the bully cannot follow you.
Fighting a multi-national, multi-million dollar bully did not seem like such a good idea to me.
So I changed to a different level in the game, I just had to work hard to learn how to fix the problems with the VX1 myself.
I could not have done this as fast without the online community helping me.
I asked Vectrix for help first. They refused and threatened litigation against VisforVoltage and myself, instead. http://visforvoltage.org/forum/3462-vectrix-warranty-voided#comment-19455
The only options I had were to either engage in a useless "David vs. Goliath" legal battle, or to fix the VX1 myself.
Teaching others is the prime way of learning something deeply, and fast. If you can explain it to someone else, then you understand it on a deeper level yourself.
There have actually been only a few direct contributions by the online community which solved some of the questions I had to answer to fix the Vectux. But I had numerous insights whilst trying to write clearly and comprehensibly about the issues and the questions I had, and still have. That takes a lot of focus, and the reward for focusing your mind on something is insight.
If Mr. Miks posts have had the overall effect to increase or to reduce sales is an interesting question which I have pondered a few times. Some have commented that they bought a VX1 because of my posts!
But as I said above, this was not about Vectrix Corp! It was purely a selfish exercise for my own benefit, because I like to keep my life "narrative" a success story and would have been angry with myself for a long time if I had just "rolled over" after spending more than I could afford, on a vehicle that was almost constantly out of order.
The "cure" for that personal problem of mine was to learn, and to invest thousands of hours of my time into the Vectux project.
Doing it publicly was and is an essential tool!
If this "cure" had effects on Vectrix Corp, then they were unwanted side effects.
I even warned them and offered a way out: http://visforvoltage.org/forum/3462-vectrix-warranty-voided#comment-19553
They made their choice and have to live with the consequences, like we all do!
This information may be used entirely at your own risk.
There is always a way if there is no other way!
Sorry, to paraphrase you, but in reading your post, a thought occurred to me. I can well understand how your posts must have been a public relations nightmare for Vectrix Corp and VA!!!!
You would imagine, that Vcorp, would have been very anxious to resolve your problems, and turn a negative story about product deficiency, into a positive story of service success.
This is a perfect example of Vectrix Corp, while led by Mike Boyle. Instead of fixing the problem, he spent a fortune, far more than the cost of a new bike, on lawyers to try and silence Mr Mik! Later when that approached failed, tried the same legal approach, to silence the unfortunate Australia distributor from complaining on Mik's behalf. The curious thing, is that the court records show that VA was at that time supervised from VUK. (which is why I was trying to separate VUK as a VUS entity, from the stand alone UK alone operation) It is true that the VA management team seemed to be young and inexperienced in initially following Mike Boyle's instructions. I imagine, VA found the logistics of the Vectrix service plan overwhelming in a country as large as Australia.
But, what I don't understand, is for four years, no one from either VUS or VUK management,technical or even marketing, ever bothered to visit Australia! (which accounted for at least 10% of privately owned, world sales) The only Vcorp Representative was a lawyer who arrived to initiate expensive litigation which VCorp lost!!! (this at a time when Vcorp's in-house lawyer, flew, at company expense between New York office, and home in Italy on an almost weekly basis)
Litigation, instead of service/warranty action? No wonder Mr Mik, is pissed! Who wouldn't be!?
Sigh!!, By the way, I know I shouldn't get drawn into answering silly abuse, but for your information Mr Frost, Court records are not "internal documents" , but Public Records. Or are you referring to something else, which you know are internal documents from VCorp? If so we would sure like to know how you have access to them!
marcopolo
Did he? I never heard a word of the whole defamation thing again, not from VA, a lawyer, VisforVoltage or VUSA. I thought they realized that it was nonsense, but they might have spent money before that!
If VA have complained on my behalf, then they have kept that very well hidden from me!
This information may be used entirely at your own risk.
There is always a way if there is no other way!
May I introduce myself to the group?
I have owned a VX-1 since Sept 08.
Yes indeed ! Actually, my interest in V is for Voltage started as the result of being seated ,while on a plane travelling to South Korea, a Lawyer representing VA. During our conversation, he made mention that your complaints and treatment of you by Vcorp was an important piece of evidence in a case VCorp-v-VA.
This interested me as I already had an involvement with Vectrix Corp and was deeply concerned at the imminent demise of Vectrix. I represent several investors who have lost substantial funds with Vectrix, in addition my own vectrix shares are now worthless, and I am the proud owner of 17 orphan bikes!
I have been fascinated by the concept of EV'S for several years. Like many,I was hopeful that the long awaited consumer EV breakthrough had finally arrived. So it especially angers me to see a product like Vectrix, destroyed by bad management.
On this trip to Australia, I contacted VA and I can assure you that you were highly regarded by the surviving director of VA. In fact, he held you in such high regard that he made the offer I communicated on the Vectrix Rescue Fund thread. He also expressed his appreciation for your patience and knowledge even though you have be a public relations nightmare for VA. I think that the early lack bad feeling was largely a result of intimidation from VCorp, coupled with inexperience at dealing with difficult situations. But, as I say, my assessment is based on a 5 minute conversation, so it worth exactly that!
Hindsight, is a wonderful thing, but who knows? maybe this experience has taught VA something 9if only humility?
marcopolo
whilst Vectrix Uk may have only just started posting they (past and current employees) have been on this site for several years now.
The Uk operations have not visited Australia as the US prevented them from doing so, Mik and Eye in the sky corresponded with the Uk tech team until they were told not to.
The Uk tech guys have always been very enthusiastic about the bikes and being motorcyclists understand how people feel about their bikes, they have also covered more miles on the VX1 than most owners - choosing to ride a Vectrix over their own ICE bikes frequently.
It is unfair to target the tech team as they are subject to confidentiality orders from above, they will do as offered and help any owners if they are able and if possible explain when they can not.
My sincere apologies if it reads somewhere as if I was targeting the tech team or other team members.
That was never my intention.
I have repeatedly pointed out that I think the organization must be full of good people with the right intentions, but that they are gagged by the non-disclosure agreements that seem to come with publicly listed companies.
Now these same people would still be exposing themselves to risk of litigation if they shared their knowledge. That is why the IP ownership issues need to be sorted out, so that the people who really know the VX-1 can contribute their knowledge (if they wish to do so). I have absolutely no doubt that many would be more than willing to give advice and instructions to others so that their "baby" can become all that it could have been. Not necessarily mass produced; but it would still be nice for an engineer to see that his/her design is actually capable of functioning well, all over the planet!
Similarly, I have repeatedly pointed out that the VX-1, despite it's shortcomings, is the best, and in many respects the only EV scooter suitable or available. JDH can sing you a little song about my stubbornness regarding this...
This information may be used entirely at your own risk.
There is always a way if there is no other way!
Thank you Jethro, that information is certainly consistent with what I have been informed. It also explains the issue of the UK website etc....
If you read my post carefully, my criticism has never been of the technical employees, of Vectrix, US or UK. In fact, I have always described VCorp as a ship with very creative and dedicated engineers, sailed by Captain Queeg and his incompetent officers, preoccupied with running a party for themselves, straight into an Iceberg!
My concern about the VUK post was, even if it was genuine, it was open to deceptive interpretation.
The last thing anyone would want to see is the UK (or any) tech staff, through dedication, love of the product they created, and a desire to help own owners, dragged into the very serious legal consequences of a misguided (even if well-intentioned),easily misinterpreted, unlawful action.
The problem I had, was that VUK's post seemed to claim to be an official Vcorp Authorised Notice. That is evidenced by the naively hopeful, (and somewhat fanatical), response from those readers who took the information in VUK's post, as stating that all was well with VCorp, and the ship was afloat again! Sadly, that contrasts with Vcorp's real Official Notice to the SEC, that it Will file for bankruptcy within 6 days.
I would suggest that VUK people responsible for the post would clarify those statements. I am sure that if Jim Schoor and his team are struggling on try to help owners regardless of Vectrix HQ, we would all applaud and join in your defence when the lawyers come calling with enjoining writs. Count me in for a beginning. But it is important to clarify the misinterpretation early!!
marcopolo
I just thought that it was worth mentioning that I have just communicated with Vectrix U.K. via e-mail.
Basically, I am having battery trouble and because I am both owner and engineer for the local dealer I have had more communication than most with the Technical Manager at Vectrix U.K.
Despite all of the discussion on this particular forum, the people at Vectrix U.K. are simply trying to do their best for the customers/purchasers of the Vectrix VX1 in the U.K. (and Europe?).
I think that it would be fair to say that the Vectrix U.K. staff are just as much in the dark as the rest of us. What they are trying to do is to be helpful to their customers while they still can.
My impression is that their future is in doubt as of the coming weekend and I, for one, admire their loyalty to their customers whilst I also condemn the way that they too have been treated by Vectrix USA.
I agree with some of Marcopolo's points and concerns especially his concerns for their legal position regarding statements made which could potentially put them, as employees, at odds with the law.
Perhaps we should all accept that they (their spokesman) have posted here in good faith and that any erroneous statements were made as a result of some over enthusiasm as opposed to any intention to deceive any of us. It may well be that the knowledge required to answer some of Marcoplo's questions is simply not available to them. I do not know any more than anyone else on this forum.
What is certain is that the staff at Vectrix U.K. are still being helpful to their customers and dealers despite the company's difficulties and their individual uncertain future and that is something which we should all applaud.
Sandy
I have to say that I agree with Sandy, I've had nothing but exceptional service from the Vectrix UK team and I think that they should be commended for their work. I think it a HUGE shame that an opportunity has been lost (maybe it could be re-kindled) to have some insider knowledge posted on this forum. Collectively, we have now spoilt that.
I know that the forum is (well, it certainly was) read by the guys at VUK - they did use it as a place to observe constructive criticism and gain customer comments/feedback. That is what it all ought to be, constructive and helpful. I live only an hour away from them and hence it's easy for me to visit. They are a fab team and they work hard for me, possibly beacuse of my approach to them. What a shame then that they should feel shunned by the very people (collective) that they're trying to help. If I were part VUK, I would feel the same. As a Vectrix owner/rider, I feel upset too at the situation Vectrix faces but know that the remaining team in the UK are pulling out all the stops to keep us on two wheels.
Last visit, I saw...
New bikes for sale
Spares are on the shelf - not everything but there was plenty in stock when I visited. Anything that is not available, I can assure you, they'll be working on it.
Prototype bikes including three wheeler
Police bike
Bikes under warranty repair
Spanners, and the people happy to wield them.
Let's take a CONSTRUCTIVE approach to ensuring Vectrix (be it UK or otherwise) is here to stay. After all, this is about enjoying the one thing they do best; their bikes.
Best wishes,
Drew
Drew
Well said
Oh dear, what can I say? Drew, do you actually read what myself and others have written? New Bikes for sale?
What does it take for people like you to understand? Vorp is INSOLVENT !!!! This forum didn't do that! I didn't do that! MIKE BOYLE and VCORP did that all on their own over the last two years! This is Listed Public Company collapse!! Not a school yard !! TRADING WHILE INSOLVENT IS NOT A JOKE, it is a SERIOUS OFFENCE!
I didn't make the law, it is made to protect you, the consumer. What will you do to help those idealist guy's at VUK, when they reap the wrath of everyone from the receiver/administrator, to SEC, Regulatory Authorities, Tax Man, Irate Creditors and Purchasers, whom they are cheerfully (albeit unknowingly) Defrauding!???
There is no good getting mad at me! I can't change the process, no one can alter the process! The law will take it's course! I am not going to be the unfortunate lawyer who will have to defend the guy's at VUK, from one of the thirty-something law suits that are already being filed. I would rather they didn't put themselves in that position.
I repeat, If VUK was an independent dealer, their actions would be very commendable, but they say they are VCORP owned. That is very serious. The staff can, and will be, enjoined in any actions by those creditors seeking to claim against the directors personally! (about $40 million and counting). Poor old Jim Schoor, if he is really involved, could be prosecuted for misleading and deceptive conduct! Even the wages drawn by VUK staff, if proved obtained knowingly,and their posts do suggest that could be clawed back. (De-facto director rule)It's no good, VUK, claiming good intentions, it maybe and explanation, but not an excuse (legal defence).
It's no good blaming me, grow up, this is not a sports game!It is serious business with real consequences.
As I said before, faith, and good intentions, will not protect VUK, but a good lawyer and a quick clarifying trading statement might.
marcopolo
Good Day to you.
I have been watching this thread with keen interest over the past couple of weeks .
I ride my Vectrix every day in London and I must say what a fantastic machine it is.
On the occasion that I had to call them they were very helpful and proffesional and explained to me exactly what I was doing wrong and their advice was absolutely 1st class.
I can assure the Vectrix employees that the thread they posted and information given is by no means illigal nor is it misleading.
I have spoken to my dealership who have informed me that the bike that they sell are paid for in advance so they are the property of the dealer and he do with them as he wishes.
The dealers however have benn told by Vectrix to explain the manufacturers position regarding warranty should the worst happen.
The only illigal activity i can see on here is the bullying tactics bieng used by people like yourself Marcopolo.
I am in a better position than you to speak on this subject believe me so be vary careful what you are saying when quoting false statements.
Vectrix UK have my whole hearted support.
What is it with you people, do you actually read what I wrote, or what you assume I wrote. By the nomenclature you use you seem to seek to convey the impression you are a member of the legal profession, in that case I would hate to be your client, if you are that careless at reading a brief!
Your poor reading, leads you to a number of errors, eg:
1) VUK's original posting stated that they were not a dealer, but VCorp, (no denial)
2) VUK's wages were paid by VCorp. (no denial)
3) VUK's statement as the Listed Public Company, was authorised by MD, Jim Schoor, (no denial)
Now, dispute your condescending tone, you haven't actually established which statement of mine is false?
If you had read my last post, I exhorted VUK to clarify their earlier mistakes. No one, certainly not me has any issue with dealers soldiering on, and assisting customers. AH,, lets see I have only written that about thirty times, or were you to indignant to notice !!??
My concern has always been to ensure that well intentioned people are not caught up by ill advised actions.
How exactly is that bullying? Or for that matter bad advice??
So, I afraid old chap, if you are the standard of VUK's legal advice, God help them!
marcopolo
Marcopolo,
I am gently dismayed by your approach to my reply. You may have facts and figures to quote but I think the thing you may have missed is the manner in which you have gone about presenting them. I certainly am not mad at/with you and I hold great regard for your comments, just like any other member of this forum.
I do not need to 'grow up' but thank you for your kind suggestion. I will leave that to my son of five months, though even at that age he is some time away from the school yard you also mentioned.
I did indeed read all of the comments on this thread with great interest and enthusiasm (admittedly without making notes) and so please accept my apologies if I have interpreted them incorrectly. I am not blaming you for the downfall of Vectrix, that would be ridiculous. My suggestion to you is that with a modicum of tact and diplomacy, we may still have had some valuable input from VUK, right here, on this forum, be it of a technical or a legal nature. That is now unlikely.
Please continue to consider how your comments may be read by others - surely one of the reasons for reading posts is for information but I would also suggest that we do it because it is enjoyable. If anyone strips the latter from this balanced equation, it makes for reading akin to a dictionary and does us all no favours.
We will have to play the waiting game and see what will happen. For now though, entirely selfishly, I wish to look after my interest; my Vectrix and my relationship with the people in the UK that have the parts to maintain it.
Best wishes,
Drew
Drew
You're just 'up the road' from me, Drew. I'm just outside of Waterlooville. If ever you need a stop off charge on the way to VUK.... I do hope that VUK still at least read the posts and are heartened (as much as they can be in the circumstances) by the messages of support and appreciation from their direct customers, for the service that we have so far received. That, for me, is the main thing I take from this thread. I do not think it is selfish to look after your own interests in this case - as owners we have made a not inconsiderable investment, and I do see it as an investment - I'm hoping for 3 - 4 years worth out of the V to recoup most of the purchase price out of saved fuel costs (obviously reducing my carbon footprint too!). That might be a bit too much to hope for but we're in uncharted territory here with the V, and with the knowledge that I've gleaned from the forum about battery care (thanks to Mix and X Vectrix especially) and the temperate UK climate who knows....
quote=Drew]My suggestion to you is that with a modicum of tact and diplomacy, we may still have had some valuable input from VUK, right here, on this forum, be it of a technical or a legal nature. That is now unlikely.
Please continue to consider how your comments may be read by others - surely one of the reasons for reading posts is for information but I would also suggest that we do it because it is enjoyable. If anyone strips the latter from this balanced equation, it makes for reading akin to a dictionary and does us all no favours.
[/quote]
Drew, you may find this hard to believe, but normally I am quite a mild and tactful sort of a fella. Problem is, I have witnessed far too many Corporate Failures. Sadly, like divorce, they seldom end up decorous! I guess this experience makes me passionate to deter people from making disastrous decisions or representations that latter take on more sinister connotation in a different forum. (usually a Court room,very decorous, but certainly not enjoyable!) try attending an angry creditors meeting and see how much laughter (or sanity) abounds!
Unhappily, there is very little cheerful or enjoyable about the loss of $400 million, unless it is not your $400 million!! My blunt candour is intended as a shock therapy to dissuade some of the more obstinate ostrich's, from maintaining the pretence that all in the garden is rosy in regard to Vectrix.
As a Vectrix owner, I stand to lose as much financially, well actually a lot more, as other V1 owners due to the failure of Vectrix. But, that's not really important. What is important is the TRUTH !! I am sorry if the truth lacks tact, is unpleasant or not enjoyable, bad news never is, but would you rather live fools paradise?
Read the post's, from other owners, who intend to sue the unfortunate Vectrix dealers world wide! Now, I am not an advocate of such action. I think the dealers and distributors were also the victims of Mike Boyle &co's arrogant incompetence, but neverthless once that process has begun, it's hard to stop.
I am aware that Lawyers for some major creditors, are drawing up lists of targets for litigation, this litigation will be relentless, competent, and well funded! Serious stuff ! Now we could all tactfully and diplomatically look away and politely ignore the steamroller headed for VUK, or yell, Get out of the way!!! Which do you think is a more responsible course of action??
marcopolo
just back up in your box!
btw. Mitch is a clever guy!
Martina Engels
All: Please consider reading this post: http://visforvoltage.org/forum/7270-call-civility-and-transparency
Thank-you.
John H. Founder of Current Motor Company - opinions on this site belong to me; not to my employer
Remember: " 'lectric for local. diesel for distance" - JTH, Amp Bros || "No Gas.
The more i read from 'Marco POLO! the more incredulous I become.I shall reveal my identity and the background to my comments next week ,further more i will lay open the scandalous dishonesty combined with negligence, captured all too often in the rediculous opinions posted by a dissenchanted ,bigotted and largely miss guided individual.
Anyone minded to do so can get a full explanation,of the US INSOLVENCY LAWS,be it CHAPTER 11 with the 363 Process or indeed CHAPTER 7. In any scenario open to the Vectrix business,the comment posted by Marco Polo is clearly 'random nonsense based on neither knowledge of the laws applying nor any true grasp of the VECTRIX POSITION IN ANY COUNTRY.It is simply consistent in its attempt to undermine the Company,its staff and customers,if your reading this and wondering why! this is also very plain to see MARCO POLO leads a group of people who wish to deter any third party from trying to invest in the company via CHAPTER 11,in the random hope that he may profit considerably from aquiring the business rights and ASSETTS,at bargain basement price/ only possible if he succeeds with this "authorative crap" and deters other possible bids!
Not only does this stand to line his pockets,it drastically reduces the possibility of suppliers having a chance to recover monies owed to them.
WILL HE SUCCEED? maybe yes maybe no. BUT DEALING WITH FACTS,he is not informed of the VECTRIX POSITION,his knowledge of insolvency laws both in the Us and Uk is hopeless,or he is grossly missleading or perhaps both? He has a track record as a bully,and has absolutely nothing in his tool box ! except TEMPER ,when challenged.MY ADVICE TO HIM is return safely from Korea,Australia the US or perhaps the NORTH OF ENGLAND,book some serious anger counselling,and prepare to run and hide. There is queue forming of people who will pay good money never to trade with you,and regretably i am not even at the head of it.
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