View Single Post
Old 02-21-18 | 07:24 PM
  #3  
CliffordK's Avatar
CliffordK
Senior Member
10 Anniversary
Community Builder
Community Influencer
Active Streak: 30 Days
 
Joined: Nov 2014
Posts: 27,576
Likes: 5,451
From: Eugene, Oregon, USA
It sounds like they have a short-term winter cash flow problem, and a major bill coming due.

Bike Friday has done a couple of things in the last couple of years. They introduced two new products using Kickstarter, getting some hype and pre-orders for those products.

They also decided to sell stocks. Kind of an odd idea, but I think it was designed to support their winter cash flow, and perhaps a major management change.
CliffordK is offline