[Closed] Unhappy Sick Bicycles Customers. BEWARE!

Bugger didn't go back far enough sorry for the repost.....

Sorry but I've no sympathy for these guys anymore. It seems like the attitude of a lot of millennials I seem to come across in that they can do no wrong and its always someone else's fault or it doesn't matter. For that alone i hope they burn.

Bit of a convenient generalisation there andybrad. Are you sure it isn't their star signs that are to blame?

I'm a millennial. Better that than a boomer 😉

I’m a millennial. Better that than a boomer

Yeah, but still shite compared to us Gen X folks!

- Had to put up with Thatcher.
- Didn't have houses almost given to us like the Boomers did.
- Partied way harder than lightweight Millennials do and came out the other side smiling.

😉

I’m a millennial. Better that than a boomer 😉

Wrong.

If they had been boomers they would have ended up with a very successful company.

The key to having a successful easy life is to have been born before 1960.

MTB Rob
Member
Hope it’s not to soon or raw for some.
Classic Film scene remake

Posted on an earlier page but it's genius, funniest thing I've watched for a long time. Almost worth all this drama for it.

The key to having a successful easy life is to have been born before 1960.

Too right. Talking to a mate a couple of days back, if I didn't like my job I'd hand in my notice on a Thursday, get the Thursday Oxford Mail and have a new job sorted inside a week.
Heck, I've even had several totally different careers. Very lucky. I still would not want us to leave the EU though...

And yes, that Sick Downfall clip is epic. In fact that should be it's title.

Sick Downfall - The Movie with Sean Walsh as Jordan and Silent Bob as Dimothy.

Err just realised - that post should read 'I still would NOT want us to leave the EU though…'

That makes a bit of a difference.

[mod edit: given the nature of that typo, I've edited it for you.]

That makes a bit of a difference.

I was just about to add you to my list 😉

I was just about to add you to my list

I've had to do a bit of crossing out on mine.

Phew... I am an arsehole. Just not that kind.

top marks to who ever did the hitler /sick film edit

They should get Jamie Oliver in to do their emails.

If I'd accidentally stated a contrary position on EU membership I'd report my own post and ask the mods to fix it. And if they didn't I'd probably resort to somehow hacking into the database and doing it myself 🙂 And if that didn't work I'd probably move to Tibet and become a monk.

LOL @ Bez!
🤣

If I’d accidentally stated a contrary position on EU membership I’d report my own post and ask the mods to fix it.

Just to clarify - are you in or out?

If I’d accidentally stated a contrary position on EU membership I’d report my own post and ask the mods to fix it.

Indeed. I've fixed it now for him anyway.

Just to clarify – are you in or out?

Oh, come now, I would much prefer to inhabit the ephemeral layer of people's perceptions between thoroughly reasonable human being and contemptible arsehole 🙂

Also, one typo and a lifetime of sackcloth and prayer flags awaits.

So, has anyone been sorted with a frame or a refund as a result of the Jordan Proclamation?

Just wondering, and keeping this on page one where the Sick lads don’t want it to be.........

It's a bank holiday weekend, so he'll claim some nonsense that he cant transfer money. Then into next week he'll be trying to prioritise refunds in order of original orders. After that he'll claim bankruptcy

Why do they not just say we have no money but will refund as we trade out of the hole we are in.

I suggest sales are shit and it's impossible for then to move forward now without backing.

No one is going to back this.

No frames can be paid for from China.

Someone is going to have to put their house on the line if they have the confidence in it.

Why do they not just say we have no money but will refund as we trade out of the hole we are in.

Because if they say that then nobody will give them any more money. "Prop up our Ponzi scheme, if you're lucky enough people will fall for it that you might actually get what you paid for".

Why do they not just say we have no money but will refund as we trade out of the hole we are in.

You know what happened to Northern Rock yes?

No frames can be paid for from China.

I assume you mean the 150 supposedly incoming frames from Taiwan? What evidence do you have to support this?

Why do they not just say we have no money but will refund as we trade out of the hole we are in.

Trading whilst insolvent is illegal.

Plus having that CCJ will make it all but impossible for them to borrow money.

Trading whilst insolvent is not illegal and is acceptable if there is a realistic expectation of being able to trade out of it, being very much dependent on the individual situations at the time. I suggest their reputation is so bad that even with capital injected they do not have a viable business moving forward.

Be lucky to get a delayed frame, they can’t even get a t-shirt to me after 6 months and the repeated offer to just chose another that is in stock!

Trading whilst insolvent is not illegal and is acceptable if there is a realistic expectation of being able to trade out of it, being very much dependent on the individual situations at the time.

Ah, fair enough. Who decides what is realistic though? Or is that something that is applied with hindsight?

Because if they say that then nobody will give them any more money. “Prop up our Ponzi scheme, if you’re lucky enough people will fall for it that you might actually get what you paid for”.

But surely the faithfully won't let them die.

Trading whilst insolvent is not illegal and is acceptable if there is a realistic expectation of being able to trade out of it, being very much dependent on the individual situations at the time.

Ah, fair enough. Who decides what is realistic though? Or is that something that is applied with hindsight?

I think it all basically comes down to accounts. An awful lot of companies actually have no real money month to month, but have a demonstrable flow of orders in, work in progress and accounts payable in addition to any overheads.

I’d argue that ‘insolvency’ in the context of ‘trading while’ implies that a rational auditor, viewing the accounts, would conclude that barring miraculous intervention there was no hope.

Tomhoward decided without the benefit of hindsight, action for insolvent trading would be taken by a liquidator who could also look at deposits being taken and not ring fencing. Lots of options for a liquidator if the company enters formal insolvency proceedings. Key to rememberthough this would only be viable if the company or directors had assets to get at.

Any of the unlucky few heard anything else yet? Obviously not a refund or a frame, but even another fobbing off email?

Thought I’d ask, especially as this thread had just dropped off of the front page and it needs keeping up the top, just where Sick don’t like it....

https://en.m.wikipedia.org/wiki/Trading_while_insolvent

I know it's wiki...

Reading that, Sick do seem perilously close to, or could actually be regarded as trading whole insolvent

They can't pay their bills, they don't appear to have any assets of value, and are still openly trading.

I've got nothing against them...but what's the chance of any order someone makes today being fulfilled? At that point they are knowingly scamming people

They can’t pay their bills,

Do you have any proof of this?

I’ve got nothing against them…but what’s the chance of any order someone makes today being fulfilled?

Your forgetting the last drop saloon from China surely? Which of course was supposed to happen this month from internet rumour.

Well they didn't pay their frame builder, so think that would count as proof.

Do you have any proof of this?

Well they apparently didn't. So either the funds weren't there or they're just incompetent.

Saw a Deathwish at FOD yesterday.
It didn't look as radical in person as I thought it would. Lovely spec with Ohlins and Hope stuff.
Looked nice (and straight 😉 )! Had been well used by the lady owner it seemed. Paint looked sound too.

Someone on PinkBike got a refund via PaPal a couple of days back. Could be a good sign. Fingers crossed for everyone. Even Sick! if they manage to get their debts sorted.

So, one person may* have got a refund?

Hopefully the first of many, but I can’t hold my breath that long.

*Unless it is a fake post put up by a fanboi or Sick themselves....

An acquaintance with an established small bike co... with decent cash flow, actual premises and real sales.. was telling me last year how the industry has changed and Taiwanese factories are no longer providing credit to brands and rather than paying for stuff after it's been recieved and you've sold your way through it, the factories won't even box it up and ship it until it's paid in full. That's a major business model adjustment and you need significantly different financing in place to get a container on the slow boat.
So, unless Sick have already paid and cleared this china drop, it could be reasonable to think that it's another Marino situation on a larger scale. (Assuming china and Taiwan factories have same payment policies)
Have Sick said it's been paid for?
Is this perhaps then where their money is tied up?

Just because someone got a refund from PayPal, doesn't mean Sick did anything not paid them anything?

Meanwhile, over on PB, shit just got real. Maybe.

No, they wouldn't have to enter the state. What normally happens would be we have a court case which I believe they wouldn't show. We would file a warrant for their arrest for a Failure to Appear. Then when they enter the US they will be arrested for the warrant. Depending on the location we may or may not perform extradition. Either way they most likely will spend a couple days in jail or not be able to leave the US due to being a flight risk till they pay it with court fees. I have 1 year and 1 day to file charges in Maryland from the date of when they promised me the refund. Even if they have someone to represent them they will still have to pay it. If they don't then again a warrant will be filed. If I file through U.K. I have to have someone represent me which isn't an issue and I also can't file charges here. Either way I am done being patient. I don't appreciate them saying they are trying to change and yet they still lie and try to prolong things after.

As far as it costing a shit load of cash, it isn't costing me anything except the court fees to which they will have to pay also. I work for the Sheriff's Dept. so I have an attorney on retainer through the FOP (Fraternal Order of Police).

Blimey.

No idea on the legal aspect but he does sound clued up at least.

What a train wreck.

Time for more biscuits ?

Somebody has jumped the queue then... 😁

By 'eck. At least if things do go to a (foreign) court evidence will be produced and weighed...

Well...... that escalated quickly eventually

*changes sky plus box from recording ‘can’t pay? We’ll take it away!’ To ‘banged up abroad’

Oof.
If I was sick, I 'd be paying Deputy dog pronto.