Copied from the Vectrix Official Site Facebook page:
I’m sad to state that on March 31, 2014, Vectrix LLC filed a chapter 7 bankruptcy petition in the U.S. Bankruptcy Court for the District of Massachusetts and I was appointed as its Chapter 7 trustee. The case number is 14-11381-WCH. I’ve had a chance to see the different motorcycles; the VX-1 and VX-2 and the very cool VX-3 with its stable three-wheel configuration. Unfortunately, the company has shut down. We will be auctioning off the remaining assets on June 18, 2014, at the company headquarters in New Bedford. Paul A. Saperstein & Co. (
www.pesco.com) will conduct the auction, and on-line bidding will be available. The assets being sold will include 75 complete Vectrix all electric VX1, VX2 & VX3 Motorcycles & Scooters, about 100 new Lithium Ion batteries suitable for use in Vectrix cycles, and more than 1.6 million dollars’ worth of replacement parts. In addition, the auction will include electronics, office equipment, assembly plant machinery and an extensive selection of machine shop and manufacturing equipment. Paul A. Saperstein & Co.’s complete auction guide is available online at
http://bit.ly/vectrix. We might also include any available intellectual property and other intangible assets. - Warren E. Agin, Chapter 7 Trustee.
