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Author Message   Redbuelljunkie Posted on Tuesday, February 28, 2012 - 05:31 pm:        http://www.powersportsbusiness.com/news/2012/02/28 /hero-motocorp-plans-to-buy-stock-in-ebr/ Didn't expect Erik to go down this path again...   Hootowl Posted on Tuesday, February 28, 2012 - 05:38 pm:        Issuing shares is a great way to generate capitol, something EBR will need in order to produce $15K motorcycles for the general public. I'm pretty sure they're going in to this with their eyes open. I don't suffer under the illusion that Erik would ever relinquish control again by not retaining a majority. Fool me once, shame on you...   Doerman Posted on Tuesday, February 28, 2012 - 06:05 pm:        There's a difference between buying shares and buying interest. Could not be certain, but in this case I believe Hero has bough interest in EBR. That is a great platform creating capital and later liquidity. Nothing but good news in this story!   Davegess Posted on Tuesday, February 28, 2012 - 06:17 pm:        Erik is getting advice and planning from the BEST people. He is in very good hands. No worries   Slaughter Posted on Tuesday, February 28, 2012 - 06:26 pm:        So Erik now has OPERATING CAPITAL! The deal gets sweeter.   Ducxl Posted on Tuesday, February 28, 2012 - 06:38 pm:        Does Erik have to buy Mangoes in order to get the monies? THis is my first post since hearing the news.I'm sure Erik will not live the negatives of HD ever again. GO EBR!!!!   Budgolf Posted on Tuesday, February 28, 2012 - 06:40 pm:        Yeah it sounded cool until I got to this part: "his company plans to soon invest an undisclosed amount in EBR, giving it more of a say in EBR and the partnership between the two companies" But I'm sure it's not the way it sounds though.   Froggy Posted on Tuesday, February 28, 2012 - 06:45 pm:        quote: I'm sure Erik will not live the negatives of HD ever again. Erik will never let that happen again, Hero isn't the first motorcycle manufacturer that EBR has dealt with.   Crusty Posted on Tuesday, February 28, 2012 - 08:00 pm:          Ft_bstrd Posted on Tuesday, February 28, 2012 - 08:05 pm:        Sounds like Hero is hoping to ride EBR into overseas markets. This is good news. The net result is higher capacity, larger production runs, greater economies of scale. EBR for mortals. How can that be a bad thing?   Wolfridgerider Posted on Tuesday, February 28, 2012 - 08:58 pm:        must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle.... must save money for new EBR motorcycle....   Mr_grumpy Posted on Wednesday, February 29, 2012 - 02:50 am:        I'd say it's a good deal for Hero too, they get to use his knowledge & his connections.

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