All

Keep them south of Waco and we be aight.

Here's how it works (if the plan is approved of course). Since November they have gathered over 600-900M from investors (Bajaj, CFMoto, Pierer reportedly put 200M, new investors), they have sold or are selling some assets (MV Agusta, bicycles...) to generate some cash and reduce costs. In their restructuring plan they offer to repay 30% of their 2B debt (600M) in 3 months (instead of the 2 years set by Austrian law). Rest of the debt is forgiven, there are no interests accruing anymore. Then I guess the shopping spree is over, no more growth at all cost, no more...

For the sake of the workers and the dealers, I hope they make it through this and get stabilized. Imo, the approval of the restructure plan is very good news.

Court approved the plan, I guess it means something like it covers everything that it has to, legally. That plan will be put to the vote of the creditors next Tuesday. PMG need the vote of creditors owning over 50% of the debt for the plan to go ahead. We'll see if creditors would be happy enough to get 30% of their money in 3 months or if they'd rather steer PMG into bankruptcy. Suppliers might not be overjoyed to forfeit some of their due but PMG bankruptcy would likely be catastrophic for a good number of them. It's all...

Been watching this thread in the hopes of some tangible news so figured I’d post my old street legal 98 Kx250 which I sold a few years back to make way for my 23 300sx when they came out.

My drinking rounded into form pretty nicely in my 40's

My favorite KX photo of all time! The late Kenny Zart grabbing a handful of throttle on the '82 KX-250!!