thegoth 5 Posted February 7, 2007 Report Share Posted February 7, 2007 Translated by Google (and stolen from another forum ;-) )BBS automotive technology places 06.02.2007 16:37 to insolvency request: 00 Scold oh (aktiencheck.de AG) - the BBS automotive technology AG (ISIN DE0005196232/WKN 519623), an offerer of high-quality light alloy wheels, announced on Tuesday that it placed 2007 insolvency request on 2 February. Although to the time of the filing of an application still promising negotiations were led to the re-establishment of the solvency of the enterprise, was reason for the filing of an application that the society was guessed/advised into serious liquidity difficulties and the end of the request period after § 92 exp. 2 of the law on limited companies before the expiration. A solution for the re-establishment of the solvency of the enterprise appeared last, which should be carried by the big customers of the enterprise. The promises of the big customers to make the necessary liquidity available by larger Vorfälligkeits payments were also given. The conversion of the concept failed however at the night to 6 February 2007 because of the resistance of one of the banks involved, although the society had granted for the purpose of the continuation of the financing collateral to the financing banks. A catching solution under excluding the bank concerned did not come off in the course of the today's daily. The share of BBS automotive technology notes in Frankfurt at present invariably with 9,00 euro. (06.02.2007/ac/n/nw) Source: Finanzen.net/Aktiencheck.de AG Link to post Share on other sites
cadguy77 0 Posted February 7, 2007 Report Share Posted February 7, 2007 That sort of made some sense.Sh!t, better buy all the BBS's on ebay cos they will be worth a fortune soon Link to post Share on other sites
Seademon 0 Posted February 7, 2007 Report Share Posted February 7, 2007 I'll hang on to mine then! Link to post Share on other sites
mike 6 Posted February 7, 2007 Report Share Posted February 7, 2007 I'll hang on to mine then!me too! Link to post Share on other sites
petervr6 0 Posted February 7, 2007 Report Share Posted February 7, 2007 That sort of made some sense.hmmmm ye sort of so basicly there going bankrupt ? Link to post Share on other sites
thegoth 5 Posted February 7, 2007 Author Report Share Posted February 7, 2007 Yep, gone in fact.I took it that they where trying to refinance the business but last night one of their main creditors, a bank, said no to the proposals. Just like FarePak! Link to post Share on other sites
petervr6 0 Posted February 7, 2007 Report Share Posted February 7, 2007 so i bet all the bbs splits will be going way up in price Link to post Share on other sites
VR40 0 Posted February 7, 2007 Report Share Posted February 7, 2007 oh dear!! Link to post Share on other sites
purple highline monster 0 Posted February 7, 2007 Report Share Posted February 7, 2007 Bad news for a fantastic company :-( but Good job i got some already then dudes! anyone want these for 3k ?? NO chance... they are mine i tell you....all mine [lightbox=../../e107_files/public/1170881731_2067_FT157993_101_0194.jpg][/lightbox] Link to post Share on other sites
cadguy77 0 Posted February 8, 2007 Report Share Posted February 8, 2007 SAVE BBS CAMPAIGNLets get all the UK dub/bmw forums to club together and save BBS Link to post Share on other sites
purple highline monster 0 Posted February 8, 2007 Report Share Posted February 8, 2007 someone in Germany will save them surely? BBS are a household name within racing and general car industry, they cant let the company vanish, every one of my Dubs has worn BBS rims at some point and still are, it will be a terrible day if they really do go under totally Link to post Share on other sites
Eat this 2 Posted February 8, 2007 Report Share Posted February 8, 2007 what happens when somebody needs bits ie split rims etc?? Link to post Share on other sites
franchise 1 Posted February 10, 2007 Report Share Posted February 10, 2007 That sucks, wouldn't surprise me if vw took an interest imo.Don't think mine will be going cheap now, might just keep hold for a bit. Link to post Share on other sites
Recommended Posts