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Confederate Motor Company, premier luxury motorcycle manufacturer, goes public
Confederate Motors, Inc., Press Release - Mar 14, 2009
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Confederate Motors, Inc., formerly known as French Peak Resources Inc. (OTCBB: CFED), announced on February 12, 2009, the Company completed a stock-for-stock merger with Confederate Motor Company, Inc. The Company manufacturers the F 131 Hellcat, B 120 Wraith, and C 120 Fighter motorcycles.
According to company founder and chief executive officer Matt Chambers, the combined company will operate under the name Confederate Motors, Inc. and will assume and execute Confederate’s hand-crafted motorcycle business as its sole business. The Company also announced the closing of a private placement financing to accredited investors which closed concurrently with the merger. After completing the merger and the private placement and a 3.167420814-for-1 reverse stock split which was effective on January 20, 2009, the Company has 11,050,000 shares of Common Stock outstanding.
"The successful completion of this transaction is a major milestone for Confederate," Chambers said. "This transaction enables us to broaden our investor base, create a liquid market for our stock, and financially support the accelerated growth of our business as we strive to become the global leader in the premium motorcycle space. We are extremely excited about Confederate’s prospects for growth even in this challenging market environment.”
About Confederate Motors, Inc.
Founded in 1991 in Baton Rouge, Confederate Motors designs and handcrafts limited series built uncompromised motorcycles for the motoring connoisseur and aficionado.
The creative team at Confederate has adopted a minimalist, holistic, avant guard design imperative. Our goal is to be on the cutting edge of an exciting, innovative and relevant American design initiative. Confederate Motors is located in Birmingham, Ala.
Click here for additional information on Confederate Motors, and our F 131 Hellcat, B 120 Wraith or C 120 Fighter motorcycles. www.confederate.com
Specifications - Confederate Fighter
- Weight: 430 lbs
- Wheelbase: 64”
- Seat Height: 27”
- Rake: 30 degrees
- Power: 45 degree radial twin, 120 c.i., 1966 c.c. 2 litre, 4 1/8” bore, 4 1/2” stroke, Forged lightweight alloy pistons, CNC aircraft billet aluminum heads; Confederate “Combat” design, Dual counter-shaft balance system
- Transmission: Confederate design; 5 speed; close ratio; CNC aircraft billet aluminum cases
- Primary: Confederate design; CNC aircraft billet aluminum engine, transmission, swingarm pivot outrigger bearing supported mounting system; belt drive
- Chassis: Confederate triple load path design; CNC aircraft billet aluminum front and rear bulkheads; pure high-grade titanium 5 inch outer diameter .095 wall backbone; oil bearing
- Suspension:
- Front- Girder-type CNC aircraft billet aluminum and titanium multi-link Confederate-Vincent design; centered coil-over shock; dual carbon fiber blades
- Rear- Lightweight Confederate Kosman drag-race inspired design; aircraft aluminum fabrication; dual long travel coil over shock
- Brakes:
- Front- CNC aircraft billet aluminum 4 piston caliper; aluminum-ceramic matrix floating lightweight rotor
- Rear- CNC aircraft billet aluminum 2 piston caliper; aluminum-ceramic matrix floating lightweight rotor
- Wheels:
- Front- 3 inch x 19 carbon fiber
- Rear- 8 inch x 18 carbon fiber
- Tires: Matched Pirelli
- Front- 120 ZR x 19
- Rear- 240 ZR x 18
- Lighting:
- Front- Integral LED headlamp; turn signal
- Rear- Integral LED tail lamp; brake; turn signal
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