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Genuine Scooters’ Financial Boost

May 10, 2011

Investment firm Chicago Associates and financial advisors Livingstone Partners announced a Scooterworks/Genuine Scooters recapitalization deal today, the press release is typical self-congratulatory business blather with not much real information, but after two very difficult years for the scooter industry in general, Genuine apparently has some investment cash, the 4T Stella and Buddy 170i (shipping now), and a promising summer ahead of them.

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4 Responses to “Genuine Scooters’ Financial Boost”

  1. BrookeNo Gravatar on May 10th, 2011 8:19pm

    Do we expect big things? New things? Will these things on the Scooterworks side or Genuine or both? Or is it a sign that management has been working hard and now would just like to be able to eat better instead of plowing their own cash back in to the business? Discuss!

  2. Blue MarkNo Gravatar on May 11th, 2011 11:16pm

    I choose to believe this means … Genuine Cruiser.

  3. BrookeNo Gravatar on May 13th, 2011 1:26pm

    Unless you mean a boat, that would signal the beginning of the end.

  4. illnoiseNo Gravatar on May 13th, 2011 3:19pm

    Nah, he’s talking about the midsized retro cruising scooter Genuine’s been hinting about forever. I saw 3-D renderings a while ago, and it was hott, I hope it means exactly that, Genuine could really use an attractive retro-but-not-stupid higher-power bike to upsell to Buddy owners so they don’t lose them to Kymco/Sym/Vespa.

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