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Derwin
04-16-2008, 11:54 AM
I'm sure many of you already know about this vehicle, but I just HAD TO post this informtion to the club site. I think this vehicle is simply incredible, and wanted to share some new information that I just received from the President of the company. Here is a response he just sent me this morning:



Hello:
thank you for requesting media information through our web site.
You can get all the press information at: http://www.cirbin.com/MediaKit

For more information, you can send me an email. I am presently on vacation with limited access to email, but I can reply within a few days.

Regards.

André Morissette
President
CIRBIN inc
tel: (450) 766-1241 x667
fax: (450) 766-1242
www.cirbin.com (http://www.cirbin.com/)


Here is a recent press release from the company:




PRESS RELEASE

T-Rex Vehicles Corp. signs Merger Agreement with Cirbin Inc.

April 11, 2008


T-Rex Vehicles Corporation and Cirbin Inc. are extremely pleased to announce the signing of a merger agreement (the “Agreement”) dated March 21st, 2008, whereby TRex and Cirbin, both Quebec-based three-wheel vehicle manufacturers, will merge in exchange for shares in the amalgamated corporation (the “Transaction”). The coming weeks will be spent consolidating the two companies and working on a unified strategic plan for the future. The terms of the Agreement have not been disclosed but the Transaction is expected to close early next week.


Ray Chehata, President of T-Rex stated, “We are thrilled to be working with professionals who really understand the industry and have the ability to grow the business and take it to the next level. Furthermore, we are pleased to be sharing the same vision for the direction of our company. Our primary short-term objective is to produce high-performance vehicles to meet our customer’s demand. ‘Driving’ sales and reducing costs are the last pieces of the puzzle, and will be implemented as we commence production shortly”


André Morissette, CEO of Cirbin stated, “We have been interested in merging the two companies for some time and are excited about the synergies and strategic potential this deal will likely provide. The merger will allow us to increase economies of scale and scope, efficiently ramp up production, eliminate overlapping costs and functions and focus on building our business. We will set into place a solid foundation, which over the coming months, will allow us to build a global network and corner the market with a full range of three-wheel vehicles. Simply put, this consolidation will position our company at the forefront of this growing niche vehicle industry.”


Richard Groome, Chairman of T-Rex Vehicles added, “The merger was a strategic decision with obvious and immediate benefits to both parties of the deal. We are all fairly confident that the synergies created today will add exponential value to our existing investors over the long-term.


David Neault, COO of Cirbin stated, “This milestone achievement is considered a fantastic development for all parties involved in the transaction. It significantly enhances the amalgamated company’s market presence and breadth of offerings. The acquisition has aligned the interests of two major players in the reverse-trike industry and has poised the new company for solid growth.”


The new management team of the amalgamated company will consist of André Morissette as CEO, Ray Chehata as President and David Neault as COO.


About T-Rex Vehicles Corporation


Founded in Canada and incorporated in the US, T-Rex develops, manufactures and assembles three-wheel performance vehicles. Their product is the only "street legal" reverse-trike in the world with an established dealer network; presently distributing the TRex™ in the USA, Canada and UK, with units sold in Russia, Switzerland, South Africa, and Dubai; German and French approval is forthcoming.


Website:



www.t-rexvehicles.com (http://www.t-rexvehicles.com/)




About Cirbin Inc.




Founded and incorporated in Canada, CIRBIN Inc. develops manufactures and assembles a 3-wheel roadster. The company is dedicated to offering its flagship V-13R reverse-trike which is powered by the Harley-Davidson® Liquid-cooled, Revolution® 60° V-Twin engine.


Website:


www.cirbin.com (http://www.cirbin.com/)


For more information:
(450) 766-1241 x660



info@cirbin.com
info@go-t-rex.com



Here are some photos in the media kit that I received:


http://flytheroadclub.com/forums/attachment.php?attachmentid=312&stc=1&d=1208360743

http://flytheroadclub.com/forums/attachment.php?attachmentid=313&stc=1&d=1208360839


http://flytheroadclub.com/forums/attachment.php?attachmentid=314&stc=1&d=1208360839

http://flytheroadclub.com/forums/attachment.php?attachmentid=315&stc=1&d=1208360839

http://flytheroadclub.com/forums/attachment.php?attachmentid=316&stc=1&d=1208360839

http://flytheroadclub.com/forums/attachment.php?attachmentid=317&stc=1&d=1208360839

http://flytheroadclub.com/forums/attachment.php?attachmentid=318&stc=1&d=1208360839

http://flytheroadclub.com/forums/attachment.php?attachmentid=320&stc=1&d=1208361070

http://flytheroadclub.com/forums/attachment.php?attachmentid=321&stc=1&d=1208361070

http://flytheroadclub.com/forums/attachment.php?attachmentid=322&stc=1&d=1208361070

http://flytheroadclub.com/forums/attachment.php?attachmentid=323&stc=1&d=1208361070

http://flytheroadclub.com/forums/attachment.php?attachmentid=319&stc=1&d=1208361070


I have received many more photos, but I think the above images give you an idea of what this vehicle is about. In my opinion, this is more a WORK OF ART than anything else! Hope you enjoyed looking.

Derwin

Baja_Traveler
04-16-2008, 12:01 PM
I was hot to get a T-rex after I saw one on the freeway in LA a few years ago. I still think it is the coolest trike on the road, but like the carver - it is priced way out of my reach at around $50k base. :mad:

MarkH
04-16-2008, 02:58 PM
That Cirbin uses a V-Rod motor from Harley. Wicked power from 1130cc. I have a V-Rod and frankly it scares the hell out of me when I crack the throttle.

Both vehicles (T-Rex and Cirbin) are very nice but WAY out of my price range...

I'll wait for my Venture One thanks.

Richie18
04-16-2008, 05:17 PM
i like the T-Rex better, much better lines. If the T-Rex had body panels/doors it would look twice as good. Plus i think the hayabusa > v-rod.

Miracleman89
04-16-2008, 05:45 PM
That's cool i like the fact that they are merging! I think this will offer an opportunity to change production and increase volume thus reducing price!

Derwin
04-16-2008, 06:26 PM
That's cool i like the fact that they are merging! I think this will offer an opportunity to change production and increase volume thus reducing price!


MM89.... You hit the nail on the head! I was hoping that somebody would READ the press release! As you said, maybe as a result of this merger, the production will grow, thereby causing the price to come down.

Frankly, I think this Cirbin is about the sexiest vehicle I have ever seen. But that's just my opinion, of course.

Derwin

Derwin
04-16-2008, 08:41 PM
If anybody is interested in anymore information about this vehicle, feel free to contact me. I have more photo's and other information if you want it.

Heck, if this were half the price, I would buy it instead of the Spyder. Oh, well!

Derwin

Miracleman89
04-16-2008, 11:23 PM
Derwin, you are so wrong! LOL The T-Rex Has a much more raw sexiness to it! LOL
I'm right your wrong ! nener nener nener!!!:p

Of course that is just my opinion I could be wrong! lol

Derwin
04-17-2008, 08:21 AM
MM89,

Hey, I'd take either one! I think BOTH of them are incredible machines. I wonder if they get the same gas mileage as motorcycles. I would think they should get at least 35 to 45 mpg, but I don't know.

$39,000 is ALMOST within reach, though. If they could only bring that price down another $10,000 or $15,000, it would be within reach of your "average" person. All I can say is that I hope the merger will affect production like we hope.

Derwin

Miracleman89
04-17-2008, 09:17 AM
Absolutely!!! Man I remember when I first saw a T-Rex about 6 years ago, Man I wanted one so bad! Then I found out how much they cost! My first reaction was " I guess I'll wait for it to come out on video!" To me it just didn't make since half motorcycle/ half car and cost more then both combined! Oh well, I guess we shall see! I for one, would still love to have one!

Richie18
04-17-2008, 12:41 PM
Cost is most likely because of the production numbers.

Regardless it does seem ridiculous. Either way even if the price came down from 39K to 25K that still hard to say it's within reach since it would have to be second car. A lot people have hard times just getting a first car for 30K.

Baja_Traveler
04-17-2008, 01:18 PM
I'd pay 25k to do this everyday (but not in the rain): http://www.youtube.com/watch?v=38TFetQAe2o