Gaat Roel Pieper persoonlijk failliet?

Gaat Roel Pieper persoonlijk failliet?

(Bron Beursbox.nl)
Volgens Quote is het een kwestie van tijd. Roel Pieper moet mogelijk vanuit contractuele verplichtingen mogelijk nog 10 miljoen ophoesten. Die 10 miljoen zou hij mogelijk niet (meer) hebben. Roel heeft nu zijn bootje voor 3,5 miljoen te koop staan. Dat kan schelen, maar storm zal het momenteel richting zijn bootje niet lopen.
Waar komt die claim van 10 miljoen vandaan?
Roel zou die volgens een investeerder zelf investeren in het bedrijf dat recent failliet ging. Hij en zijn beleggingsfirma hebben echter nooit dat geld in de onderneming gestopt. De mede-investeerder wil nu dat het alsnog gedaan wordt, zodat hij nog iets van zijn verlies terug zal krijgen. Het contract met Roel ligt er, alleen Roel stelt dat zijn investeringsfirma zou investeren, terwijl de Amerikaanse investeerder stelt dat hij de deal met Roel Pieper, de de persoon, heeft gesloten.
Volgens Roel is de Amerikaan ...
Lees artikel...
http://www.beursbox.nl/200906101284/laatste-nieuws/gaat-roel-pieper-persoonlijk-failliet.html

Eclipse Auction Draws No New Qualified Bids

Eclipse Auction Draws No New Qualified Bids

Jan 14, 2009 (Aviation Week)
As the deadline for filing intentions to bid for the assets of insolvent Eclipse Aviation in US Bankruptcy Court, District of Delaware, expired at close of business on Tuesday, January 13th, EclipseJet Aviation International, a subsidiary of Roel Pieper's Luxembourg-based ETIRC, remained the sole bidder.
In the absence of qualified competitive bidders, US Bankruptcy Court Judge Mary Walrath, who is handling the Eclipse case, is due to hear motions to sell Eclipse's assets to EclipseJet on Friday, January 16th.
ETIRC currently is Eclipse Aviation's largest shareholder. Pieper, acting as president of Eclipse since its Board of Directors axed company founder Vern Raburn in late July 2008, knows more about its finances and failed relationships with vendors and suppliers than anyone now associated with the firm. For an offering of $28-million in cash, plus $160-million in new equity notes, Pieper now expects that his EclipseJet Aviation subsidiary will be the new owner of Eclipse in less than one week.

The European Technology and Investment Research Center (ETIRC). In the world of Investment and Development Banking, ETIRC is a reliable and trusted Gateway into Russia and the CIS, providing a strong economical, technical and political network. ETIRC is also active in Turkey, Ukraine, Kazakhstan and Israel.

Mr. Pieper was Senior Vice President of Strategy at Philips N.V. from 1998-1999. Prior to that, he was the President and CEO of Tandem Computers Inc., the largest fault-tolerant computer vendor with revenues in excess of $2 billion in 1995, backed by Kleiner Perkins. While at Tandem, he was responsible for a turnaround initiative that resulted in a trade sale to Compaq Computer. Mr. Pieper began his software career at Software AG where he spent 10 years in the US and Germany during which time he became Chief Technology Officer of the company. Software AG is considered one of the earliest software companies in Europe and at one time was the second largest global software company


January 13, 2009
Eclipse Auction Cancelled (Source AP)
The Associated Press is reporting that a public auction to sell the assets of Eclipse Aviation Wednesday has been cancelled for lack of qualified competing bidders. According to AP's story, that will pave the way for EclipseJet Aviation, owned by current Eclipse Chairman Roel Pieper, to pick up the company for roughly 20 cents on the dollar. ETIRC is proposing to pay $188 million ($28 million cash, $160 million in new notes) and offer 15-percent equity to senior secured creditors. Eclipse's total liability was estimated at more than $1 billion when it filed for Chapter 11 protection in late November.
It was rumored that there were at least two competing bids for Eclipse but if there were other bids they were not considered to be qualified. Two committees of secured creditors and a committee of unsecured creditors who reviewed the bid(s) determined that there were no qualified bids, Eclipse lawyer Dan Guyder told the AP.

Roel Pieper's Eclipse Aviation slachtoffer van de Market Crash 2008 en de recessie

Volgens Forecast International is het einde van Roel Piepers's Eclipse 500 project in zicht.
Het veranderde beursklimaat, de krediet crisis, de gedaalde olieprijs en de recessie zijn de voornaamste oorzaak.
Waarschijnlijk was echter het hele bedrijfs- en marketing concept op onjuiste analyses gebaseerd. Bomen groeien nu eenmaal niet tot aan de hemel.
Website Eclipse Aviation, http://www.eclipseaviation.com/

Zie Persbericht van Forecast International:
Press Release
Contact: Douglas Royce
Phone: (203) 426-0800 - Fax: (203) 426-4262
Web site: www.forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA


FOR IMMEDIATE RELEASE
Forecast International Projects End of Eclipse 500 Production


NEWTOWN, Conn. [October 28, 2008] — In a new report to be issued in December, Forecast International has projected that production of the Eclipse 500 will soon end. The Connecticut-based market research firm believes that the aircraft’s manufacturer, Eclipse Aviation, will not attract new investment necessary to allow it to continue making the aircraft beyond the first quarter of 2009.

"Eclipse continues to produce aircraft at a low rate as it seeks to preserve cash," said Forecast International aircraft analyst Douglas Royce. "We have forecast production of 162 Eclipse 500s during 2008. We believe that the company will be able to push production out into early 2009 but will be forced to cease production within the first quarter of 2009." Forecast International predicts only about 12 Eclipse 500s will be produced in early 2009, and "even this forecast may prove too optimistic," said Royce.

According to Forecast International, Eclipse Aviation’s business plan depended on delivering a twin-jet aircraft at an extremely low price relative to its competition. This low price was dependent on use of a high-volume production strategy made possible by importing methods of production from the technology and automotive industries. However, the anticipated production ramp-up never occurred and the company has been unable to realize the economies of scale it needs to meet its price target.

Until May of 2008, the list price of the Eclipse 500 was $1.52 million. Thereafter, the aircraft’s price increased to $2.15 million, but Eclipse Aviation is required to deliver aircraft at the earlier, lower price to customers who executed an Aircraft Purchase Agreement and paid the required 60% total deposit. Every aircraft delivered under the old price is delivered at a loss, Forecast International notes. At the moment, the company does not have the financial resources to absorb these losses and survive.
To restructure its operations and reach profitability, Eclipse Aviation has said publicly that it needs $200-$300 million in new equity investment. With credit markets in the midst of a major crisis, Eclipse Aviation is seeking funding at a time when bankers and investors are reluctant to pour hundreds of millions of dollars into a company facing an uncertain future.
Eclipse is facing of host of new competitors in Very Light Jet (VLJ) market. Florida-based DayJet, an air taxi service, accounted for about half of the initial Eclipse backlog when it folded in Sept. 2008. Raising prices any further to cover costs will also cause the company’s backlog to contract. The business jet market overall is also entering a period in which demand is expected to contract sharply in the near term, cutting sales for every participant in the VLJ market.

"Under the circumstances, Forecast International believes that securing new funding, while still possible, is unlikely," said Royce. "Forecast International has cut its forecast for the Eclipse 500 accordingly."

Forecast International, Inc. (www.forecastinternational.com) is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. To arrange an interview with Forecast International’s editors, please contact Ray Peterson, Vice President, Research & Editorial Services

Ook de senior-analyst Richard Aboulafia van de Teal Group heeft een negatieve analyse.. zie artikel

Richard Aboulafia's excellent report on Eclipse. Download PDF