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𝐅𝐮𝐞𝐥𝐥 𝐚𝐬𝐬𝐞𝐭𝐬 𝐚𝐮𝐜𝐭𝐢𝐨𝐧𝐞𝐝, 𝐥𝐞𝐚𝐯𝐢𝐧𝐠 𝐜𝐫𝐨𝐰𝐝𝐟𝐮𝐧𝐝 𝐛𝐚𝐜𝐤𝐞𝐫𝐬 𝐝𝐢𝐬𝐢𝐥𝐥𝐮𝐬𝐢𝐨𝐧𝐞𝐝
Fuell Inc., the e-bike and e-motorcycle brand founded by Erik Buell, is auctioning its remaining assets following Chapter 7 bankruptcy. The company raised nearly $1.5 million through crowdfunding for its Flluid 2 and Flluid 3 models. Disappointed backers have objected to the abandonment of unsold assets, arguing they should be auctioned or returned. A Wisconsin judge has approved the auction, prioritising payments to the auction house and creditors before any proceeds reach backers.
Lior Bazak - Founder and CEO of Green Speedy
#GreenSpeedy #ebike #sustainabletransport #micromobility #urban-mobility
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