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Story from ex employee here:
http://forums.mtbr.com/showthread.php?t=495542
Sad, looks like another company ruined by greedy management. I hope mine doesn't break as it looks they there aren't any spares either.
yeh, there was a thread - some suggestion that the brand wasn't dead, just the holding co (or something)
http://dirtmag.co.uk/news/category/north-america/iron-horse-whats-the-story/dirt-1234619.html
Basically says that the owners are waiting for a buyer. The 2 or 3 other brands they owned have sold, so it's only a matter of time.
the MTBR thread is interesting because it mentions that the current buyer has got rid of all the staff, and sold all the bike/spares at below cost.
So who on earth is going to buy them? no spares, no backup and the development/support teams gone, sounds like a dream investment.
I think you mean "greedy owner" rather than "greedy management".
Not the same thing at all.