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SUED! Failed AR helmet maker Skully in even more trouble

Things are going from bad to worse for the bankrupt, San Francisco-based startup.

The bankruptcy we already knew about. We even heard the rumours of the crowd-funded money being spent on elaborate – and not really neccessary – purchases, such as stripclubs and fast cars. And now, we have the lawsuits.

Global electronics manufacturer Flextronics, the company that had partnered with Skully on their now defunct AR-1 motorcycle helmet, filed a lawsuit against the company on Friday of last week. In it they claim that the now-burned start-up owes it more than $1,000,000 in unpaid bills.

“Skully has failed and refused, and continues to fail and refuse, to make full and complete payment to Flextronics to satisfy the debt that Skully owes to Flextronics.” – Flextronics Lawyer.

The electronics maker states within the papers that Skully owe $505,703 in bills that are ‘past-due’, $514,409 in bills that are flatly ‘unpaid’ and another $1,500,000 for unspecified items that Flextronics refer to only as ‘certain materials and inventory related to the Skully project‘.

3 Comments

3 Comments

  1. Avatar

    Selwyn Leonard

    September 22, 2016 at 16:12

    ouch! Well if they play with people’s money and fail to deliver due to mismanagement of funds then they will have to learn

  2. Avatar

    Selwyn Leonard

    September 22, 2016 at 16:13

    I would love to know what exactly they mean by “certain materials and inventory related to the Skully project”

  3. Avatar

    Easyrider Sagl

    September 22, 2016 at 16:23

    hello, this is our project. if you like, share, for all motorcyclists.
    https://t.co/tI1fLheCle

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