MIDDLETOWN, R.I. — A manufacturer of high-end, electric scooters and motorcycles has laid off nearly all its employees and will file for bankruptcy within 30 days unless it finds new investors or a buyer.
Michael Boyle, president of Middletown, R.I.-based Vectrix Corp. tells The Providence Journal that the company had trouble finding new dealers and potential customers had trouble getting financing under current economic conditions.
This company's gotta be run by someone with the financial ability of Jell-O. Between the sheer lardassery of the American public in general and the ginormous consumptive power of the MegaloDisneyCorp I witnessed last month, there's easily enough demand for electric scooters to last any barely competent company well into 2100... Couple that with our headlong rush to socialized medicine - bound to swell the ranks of the scooter-bound, especially when folks don't have to pay for it - and I'd wager that the stock prices for scooter manufacturers are going to skyrocket...
That is assuming, of course, that the 0bama administration doesn't just decide to have all obese people rendered in some form of pseudo-green recycling project, of course...
That is all.
6 comments:
looks like these are not fat folks scooters, but two wheelers. . . no wonder they failed. You expect folks to balance on them to ride???
who came up with that idea? Next you will want them to pedel. . . .
= )
"That is assuming, of course, that the 0bama administration doesn't just decide to have all obese people rendered in some form of pseudo-green recycling project, of course..."
You're not sayin' Onkle BarryThe MostMerciful is thinkin' long pig BACON?
Pretty sad, that must not be a union shop, otherwise they'd be getting bailed out...
Not if said scooters are slow, overpriced, underpowered, and short-ranged. Of course that's only until the socialists in charge decide that that's what all of us(not them) should be driving.
emdfl
My daughter was making a comment about some Disney-like company product last week ("they must make a lot of money since every kid is buying one of those") & my reply to her was the standard: "it's all basic math, sweetie. No matter how many items they sell, if their costs are too high to be offset by their sales, then they'll lose money".
Her reply? "Oh, yeah, supply and demand, right Daddy?"
I've taught her well. :)
Oh man, the comments on youtube about this will make your head explode.... as in, just wait the the hydrogen powered version comes out! according to that nimrod, H is free and very easily manufactured!
I think the collective IQ on the 20 or so comments I read might have hit 100 total, but I'd be surprised...
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