ROLL-O-FLEX IS LIQUIDATED

Regina, Sask. - Press Release - May, 1974
The assests of Roll-O-Flex, Ltd., manufacturer's of Roll-O-Flex and Wild-One snowmobiles, has been liquidated.
   According to the court as receiver on behalf of secured creditors, the company had proposed a payment of 20% of its debts in January. However, when it couldn't make that first payment, the creditors committee decided to liquidate the assets and held an auction at The Regina plant April 19th.  Formal application for bankruptcy will be made shortly.
   The entire inventory, including 1,100 snowmobiles, were sold to various buyers at the auction and pre-sale.negotiation.
   Roll-O-Flex was founded in 1969 and produced 2,600 snowmobiles for the 1973 and 74 seasion.