I will be the first to admit, I have beat the Spanish management of GG up quite a bit lately, but finally taking it off of life support and letting it die is the best thing for the brand today. The company will be purchased and re-invented quickly. Will it continue to the "Gas Gas"? I kind of doubt it, but there is still value in the brand albeit less and less every day.
The sooner that it is "liquidated" the sooner the new buyer(s) can get things rolling again.
I could be wrong, but I think this is good news. The Spanish/Israeli regime couldn't make a go of it. Its time for someone new to take the reigns and shed the debt that was hanging around its neck for the last decade.
The sooner that it is "liquidated" the sooner the new buyer(s) can get things rolling again.
I could be wrong, but I think this is good news. The Spanish/Israeli regime couldn't make a go of it. Its time for someone new to take the reigns and shed the debt that was hanging around its neck for the last decade.