💠Onyx Motorbikes is back, one year after its owner died leaving the company in shambles
Onyx Motorbikes is making a comeback one year after the sudden death of its owner, James Khatiblou, which left the company in turmoil with unfulfilled orders and significant debts. Tim Seward, the original founder, announced the brand's revival on LinkedIn, expressing excitement about returning to business with new backing. Initially, the company plans to sell about 100 RCR electric dirt bikes, though it's unclear if these are new units or part of previously produced stock.
Khatiblou’s death created a complex situation, as he left no will or succession plan, halting operations and complicating financial matters. Creditors, including Oxygen Funding, are still pursuing claims against the estate, with ongoing legal issues regarding control of the company's assets. It's uncertain how the revived company will address these debts or if other stakeholders, like Kenneth Ames and Troy Smith, will be involved in its future.
💠Onyx Motorbikes is back, one year after its owner died leaving the company in shambles
Onyx Motorbikes is making a comeback one year after the sudden death of its owner, James Khatiblou, which left the company in turmoil with unfulfilled orders and significant debts. Tim Seward, the original founder, announced the brand's revival on LinkedIn, expressing excitement about returning to business with new backing. Initially, the company plans to sell about 100 RCR electric dirt bikes, though it's unclear if these are new units or part of previously produced stock.
Khatiblou’s death created a complex situation, as he left no will or succession plan, halting operations and complicating financial matters. Creditors, including Oxygen Funding, are still pursuing claims against the estate, with ongoing legal issues regarding control of the company's assets. It's uncertain how the revived company will address these debts or if other stakeholders, like Kenneth Ames and Troy Smith, will be involved in its future.
Telegram is riding high, adding tens of million of users this year. Now the bill is coming due.Telegram is one of the few significant social-media challengers to Facebook Inc., FB -1.90% on a trajectory toward one billion users active each month by the end of 2022, up from roughly 550 million today.
Unlimited members in Telegram group now
Telegram has made it easier for its users to communicate, as it has introduced a feature that allows more than 200,000 users in a group chat. However, if the users in a group chat move past 200,000, it changes into "Broadcast Group", but the feature comes with a restriction. Groups with close to 200k members can be converted to a Broadcast Group that allows unlimited members. Only admins can post in Broadcast Groups, but everyone can read along and participate in group Voice Chats," Telegram added.
