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Old Mar 4th, 2010, 2:24 pm   #1 (permalink)
PAKBIKES
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P A K B I K E S Update

PAK BIKES LLC has temporarily suspended business.

My decision to temporarily suspend my business has been one of the most difficult decision I have ever had to make.

Some factors leading up to this decision have been the "perfect storm" created by a very poor economy and the apparent decision by Ducati to phase out their Sport Classic lineup. Investments my company has made over the past year and a half have far out weighted any profits.

I am currently working on a NEW & IMPROVED Business Plan that hopefully will allow PAK BIKES to reemerge as a successful business. My goal is to not be wedded to a single motorcycle manufacturer and certainly not a single model lineup.

I want to thank ALL the Ducati.ms Sport Classic forum members that helped me launch my company as well as all the ongoing support from its members. Without your help and support PAK BIKES LLC would have never existed.

JC Matsuura will continue on with the complete PAK BIKES product lineup with the exception of The FLEDA Systems. I am still working out the details for The FLEDA System product lineup and how that will work.

JC has his own company, JC/PAKBIKES, so you might want to check out his web site for more information.

My contract with VerticalScope (the folks that own this forum) runs out in late April of this year but I am hoping to be back on the Ducati.ms forum in some way shape or form as a member. The PAK BIKES sponsorship for the Sport Classic forum will be going away as well as PAK BIKES being a Site Sponsor which includes the PAK BIKES Forum page. It is entirely possible that JC will pick up this contract. I am certainly not going anywhere.

Thanks again for all your support and help over the past 4 + years!
Phil
PAK BIKES LLC
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