Has Aeromot Been Sold to the Chinese - Oct 2008

Last Friday I took a guy for a ride who is looking for a motorglider. He 
mentioned that he'd found a press release that indicated Aeromot was sold to a 
Chinese firm back in 2004.

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Date:         Fri, 17 Oct 2008 11:10:19 EDT
Reply-To:     "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
Sender:       "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
From:         John Lawton <Thrmlseekr@AOL.COM>
Subject:      Has Aeromot been sold to the Chinese?
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Greetings team,
 
Last Friday I took a guy for a ride who is looking for a motorglider. He 
mentioned that he'd found a press release that indicated Aeromot was sold to a 
Chinese firm back in 2004.
 
Here's a link to the article:
_http://findarticles.com/p/articles/mi_hb5563/is_/ai_n22832149_
(http://findarticles.com/p/articles/mi_hb5563/is_/ai_n22832149)
 
Anybody know anything about this? Chuck?
 
Regards,
 
John  Lawton
Whitwell, TN (TN89)
Ximango #135
**************New MapQuest Local shows what's happening at your destination. 
Dining, Movies, Events, News & more. Try it out
(http://local.mapquest.com/?ncid=emlcntnew00000002)
=========================================================================
Date:         Fri, 17 Oct 2008 09:15:54 -0600
Reply-To:     "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
Sender:       "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
From:         Jim <jim.durango@JIMTEC.NET>
Subject:      Re: Has Aeromot been sold to the Chinese?
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Hi,  Chuck told me awhile back that the Chinese were going to build 13
Ximangos under liscense.  Aeromot is currently making duplicate molds for
this purpose.

Cheers   Jim McCann

> Greetings team,
>
> Last Friday I took a guy for a ride who is looking for a motorglider. He
> mentioned that he'd found a press release that indicated Aeromot was sold
> to a
> Chinese firm back in 2004.
>
> Here's a link to the article:
> _http://findarticles.com/p/articles/mi_hb5563/is_/ai_n22832149_
> (http://findarticles.com/p/articles/mi_hb5563/is_/ai_n22832149)
>
> Anybody know anything about this? Chuck?
>
> Regards,
>
> John  Lawton
> Whitwell, TN (TN89)
> Ximango #135
> **************New MapQuest Local shows what's happening at your
> destination.
> Dining, Movies, Events, News & more. Try it out
> (http://local.mapquest.com/?ncid=emlcntnew00000002)
=========================================================================
Date:         Fri, 17 Oct 2008 11:17:32 -0400
Reply-To:     "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
Sender:       "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
From:         Bruce SCHIMMEL <bruce@SCHIMMEL.COM>
Subject:      Re: Has Aeromot been sold to the Chinese?
In-Reply-To:  <c3f.369e0d51.362a04db@aol.com>
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that's hilarious if true. look at what was supposedly paid for the 
company...$280,000?

yrs, B

On Oct 17, 2008, at 11:10 AM, John Lawton wrote:

Greetings team,

Last Friday I took a guy for a ride who is looking for a motorglider. He
mentioned that he'd found a press release that indicated Aeromot was 
sold to a
Chinese firm back in 2004.

Here's a link to the article:
_http://findarticles.com/p/articles/mi_hb5563/is_/ai_n22832149_
(http://findarticles.com/p/articles/mi_hb5563/is_/ai_n22832149)

Anybody know anything about this? Chuck?

Regards,

John  Lawton
Whitwell, TN (TN89)
Ximango #135
**************New MapQuest Local shows what's happening at your 
destination.
Dining, Movies, Events, News & more. Try it out
(http://local.mapquest.com/?ncid=emlcntnew00000002)
=========================================================================
Date:         Fri, 17 Oct 2008 12:10:02 EDT
Reply-To:     "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
Sender:       "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
From:         John Lawton <Thrmlseekr@AOL.COM>
Subject:      Re: Has Aeromot been sold to the Chinese?
MIME-Version: 1.0
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In a message dated 10/17/2008 11:16:19 A.M. Eastern Daylight Time, 
jim.durango@JIMTEC.NET writes:

Hi,  Chuck told me awhile back that the Chinese were going to  build 13
Ximangos under liscense.  Aeromot is currently making  duplicate molds for
this purpose.

Cheers   Jim  McCann
 
Thanks Jim!
 
As Bruce said, $280,000 was a might cheap to buy the whole company. My  first
thought was that the tooling alone needed to build a Ximango would  cost at
least that much.
 
'Course, with the Chinese, they'll beg, borrow or steal any idea or product 
if they think they can make a buck. Copyright infringement, intellectual 
property and patents are meaningless concepts to them.
 
If I were Aeromot, I'd be concerned that the Chinese will go way beyond the 
production numbers they've agreed to if they think there is a market.
 
Regards,
 
John  Lawton
Whitwell, TN (TN89)
Ximango  #135
**************New MapQuest Local shows what's happening at your destination. 
Dining, Movies, Events, News & more. Try it out
(http://local.mapquest.com/?ncid=emlcntnew00000002)
=========================================================================
Date:         Fri, 17 Oct 2008 13:43:04 EDT
Reply-To:     "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
Sender:       "Ximango Owners Group (XOG)" <XIMANGO@HOME.EASE.LSOFT.COM>
From:         Chuck Cheeseman <XimangoUSA@AOL.COM>
Subject:      Re: Has Aeromot been sold to the Chinese?
MIME-Version: 1.0
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The article referenced describes a contract to sell Ximango and Guri 
aircraft to the Chinese.  It is a standard press release. How  anyone could contrive
from this that the Company itself was sold is hard to  understand.
 
Chuck