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Looks like LeMond is baaack...
 

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dddd
Joined: 11 Jan 2004
Posts: 3345
Location: NorCal

7/10/17 6:27 PM

Looks like LeMond is baaack...

From this recent report, it sounds like LeMond Composites is still in possession of the technogy to use the new manufacturing process developed at Oak Ridge Nat'l Lab, but oddly it sounds like the very same sort of technology said to be patent-pending by this Australian university now partnering with LeMond.

No word on the legal fight with the fired former CEO and her husband, suit and counter-suit.

Production of carbon material said to begin in just a couple of months, though perhaps in Australia as another facility is readied in the US.

Somebody needs to write a good book about this whole saga.

Read here: http://www.prnewswire.com/news-releases/lemond-composites-signs-global-exclusive-licensing-agreement-with-deakin-university-to-revolutionize-carbon-fiber-production-300478013.html

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Brian Nystrom
Joined: 26 Jan 2004
Posts: 5096
Location: Nashua, NH

7/11/17 4:48 AM

Yaaaaaaaawnnnn

I think I'll take a nap while I wait for the next round of lawsuits to start. It seems that all Lemond does these days is bloviate and sue people.

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dddd
Joined: 11 Jan 2004
Posts: 3345
Location: NorCal

7/15/17 10:29 AM

I'm still wondering if perhaps these are cases of "startups" being funded by LeMond, and thus possibly tending to attract those hoping to take his money, or if it's perhaps more the case of LeMond's name being hired out for publicity for these ventures.
If the latter, it might explain the switch to a different country, different audience and likely different market for the carbon raw materials and for finished goods, since the implosion in their current company headquarters would by now have sent any domestic/local investors running for the hills.
I speculated months ago that the bicycle and sports-celebrity side of these sort of ventures might merely be an attempt to lend a sexy image to lower-cost composites used for mundane applications in various industries, and as before it is stated that the carbon materials are expected to be made available well before any bicycle production is ready to begin.

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