War Party Posted January 15, 2004 Share Posted January 15, 2004 I think this is great! I man that has been after the brand all along and has told everyone. www.nrel.com then check out the latest news button. It has a very nice article on him. He's a Freaking BIKER himself! Like they say 3rd times a charm! Link to comment Share on other sites More sharing options...
INDIAN SPIRIT BOB Posted January 15, 2004 Share Posted January 15, 2004 Is it official? Did he get it? It says if he were to get it blah blah blah.....sounds good though Link to comment Share on other sites More sharing options...
Brock Posted January 15, 2004 Share Posted January 15, 2004 that was a Oct 03 press release...so I still have not seen a new release from him... Link to comment Share on other sites More sharing options...
War Party Posted January 15, 2004 Author Share Posted January 15, 2004 Well CMA has cancled there auction of Indian so it looks real good to me! Link to comment Share on other sites More sharing options...
Guest_ikonboard Posted January 15, 2004 Share Posted January 15, 2004 go check the "IMC shutdown chat" section Link to comment Share on other sites More sharing options...
Brock Posted January 15, 2004 Share Posted January 15, 2004 I was just talking about his vision for Indian being from last October...I thought from the description it was something he just released since it is under his NEWS link...that was all. I have read in links that Lstresrt put out that he did in fact buy all the equipment and parts...but not the name or trademark property. Thanks for the info... Link to comment Share on other sites More sharing options...
Guest BigChiefLtd Posted January 16, 2004 Share Posted January 16, 2004 Another Urban Legend?? So is this just another in a long line of "Maybes?" Let's not jump the gun, folks... If we don't have anything official, then don't keep raising our hopes like that. If there IS something official, tell us. Otherwise, it's just another exercise in frustration. Link to comment Share on other sites More sharing options...
Hangtown Posted January 16, 2004 Share Posted January 16, 2004 here ya go -----Original Message----- From: Vicky Murawske [mailto:auction-alert@cmaauctions.com] Sent: Thursday, January 15, 2004 10:28 AM To: CMA Auctions Announcement Subject: MANUFACTURING PLANT AUCTION CANCELLED CMA Auctions Update: -- You are receiving this notice because you requested to be notifed via email each time there is a new CMA Auction to announce. If you would like to be excluded from future auction announcements, simply hit reply and let us know. We'll take your name IMMEDIATELY off the list. -- MANUFACTURING PLANT AUCTION CANCELLED --------------------------------------------------------------- The Asset Liquidation Division of CMA Business Credit Services today announced that it has cancelled the public auction of equipment, inventory and accessories remaining from operation of Indian Motorcycle Corporation. The auction was scheduled for January 21 and 22 in Gilroy, California. Substantially all of the assets that were to be auctioned were sold in bulk to National Retail Equipment Liquidators, Inc. ("NREL"), of Kentwood, Michigan, pursuant to rights reserved by CMA in its Notice of Auction. NREL has announced that it will conduct negotiated sales of substantially all of the advertised inventory commencing on January 21 and continuing on January 22. The assets will be available for viewing on January 19 and 20. Information regarding NREL and the disposition of the Indian assets is available at www.nrel.com. Public auction of the real property located at 200 East 10th Street, Gilroy, California, has NOT been cancelled. The auction will take place on January 21 at Gilroy's Historic Strand Theater, 2788 Monterey Street, Gilroy. More information about the real estate auction is available at http://www.cmaauctions.com/auctions/168_indcomplex.html -------------------------------------------------------------------------------- Vicky Murawske, Auctions Coordinator CMA Auction Services E-Mail: info@cmaauctions.com Internet: http://www.cmaauctions.com (818) 972-5353 (800) 541-2622 ext. 152 -------------------------------------------------------------------------------- CMA Business Credit Services offers: --> business finance credit management solutions --> commercial and consumer credit reports --> commercial collections --> credit exchange information by industry --> construction forms filings --> bankruptcy alternatives --> asset liquidations and auctions --> employment --> credit and collection education and certification programs Visit http://www.creditservices.org and http://www.anscers.com Link to comment Share on other sites More sharing options...
Blackhorse Posted January 16, 2004 Share Posted January 16, 2004 Those FOC'ers! Hmmm, I wonder what negotiated sale of the assets means? An auction conducted by BM "as is, where is?" Link to comment Share on other sites More sharing options...
Guest_ikonboard Posted January 16, 2004 Share Posted January 16, 2004 From todays Gilroy Dispatch ... “It’s out intention to sell any of the assets that aren’t necessary to a manufacturing operation,” Melvin said. You can read the whole story in the "News after the shutdown" section. Link to comment Share on other sites More sharing options...
Harleynot Posted January 16, 2004 Share Posted January 16, 2004 If ya have been paying attention these last 6 months,,, Melvin has been buying up bikes from nervous dealers and re-selling them all along.....he's had bikes for sale since last Oct. Jeez , read the press release and especially the last line..... "If you need any help liquidiating you stock PLEASE call for a Free qoute.....er hose job......... that's his business.....buy it for a dollar and resale it to make another dollar.. this guy ain't gonna build anything........he's a Indian nut just like us... he's just pushing money around......... :wave: Link to comment Share on other sites More sharing options...
Guest DB Cooper Posted January 16, 2004 Share Posted January 16, 2004 Bill Melvin's e-mail address is bmelvin67@aol.com lets send him some e-mails showing our support of his efforts to revive the Indian Motorcycle. Drew Link to comment Share on other sites More sharing options...
ARCHIE DA CAT Posted January 17, 2004 Share Posted January 17, 2004 THE ONLY THING BILL MELVIN IS REVIVING IS HIS BANK ACCOUNT !!!!! INDIAN IS DONE........... Link to comment Share on other sites More sharing options...
1BIGDogg Posted January 17, 2004 Share Posted January 17, 2004 I received the following in an e-mail from an Indian dealer...not sure what it is worth but it is authentic at least . Ldys & Gents, A little info that I just recieved from some one that 'was' on the inside. Not sure if this kind of info is out there or not yet in that I have not had time to try and find it. Read below; -------------------------------------------- As I promised you I would let you know when there was any movement regarding IMC. Here goes.... Bill Melvin, a liquidator from Michigan, just purchased all of the assets from CMA for a reported $3.6M. this included all inventory and machinery. Basically everything EXCEPT the IP and the building. Our group is still very active in trying to aquire the tradmark and IP. Melvin did not purchase either of these and CANNOT build and sell Indian motorcycles. George Nobile Link to comment Share on other sites More sharing options...
ChiefLoneWolf Posted January 17, 2004 Share Posted January 17, 2004 Dang , BigDoggng ya gettin cozy with Uncle George or what??? Link to comment Share on other sites More sharing options...
hotdog Posted January 17, 2004 Share Posted January 17, 2004 I hope it comes out alright, the INDIAN brand deserves to keep going. Link to comment Share on other sites More sharing options...
chris114 Posted January 18, 2004 Share Posted January 18, 2004 Link to comment Share on other sites More sharing options...
whadayawant Posted February 19, 2004 Share Posted February 19, 2004 The Indian name will still be there if they never make another one. Aint' ya glad ya got one ? Link to comment Share on other sites More sharing options...
engine joe Posted February 24, 2004 Share Posted February 24, 2004 Sure I'm, and best looking bike around too Link to comment Share on other sites More sharing options...
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