issues . please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article needs additional citations for verification . please help improve this article by adding citations to reliable sources . unsourced material may be challenged and removed . may 2011 learn how and when to remove this template message this article may require cleanup to meet wikipedia s quality standards . no cleanup reason has been specified . please help improve this article if you can . may 2011 learn how and when to remove this template message learn how and when to remove this template message titan motorcycle company type privately held corporation headquarters phoenix arizona ; toronto canada key people ovenden family products motorcycle clothing licensing parts etc revenue us 5 10 million 2003 1 number of employees fewer than 50 2009 1 website www.titanmotorcycles.com titan motorcycle company is an american motorcycle manufacturer that was founded in 1995 in phoenix arizona and was the first custom motorcycle company to produce in volume . at the time there was a shortage of brand new harley davidsons and those who were lucky enough to get a new one would quite often disassemble them and add lots of chrome custom parts . there was a market for fast available mild customized bikes . these motorcycles had a registered name and a valid vin and were easy to finance but at first not easy to insure due to bank uncertainty with the manufacturing processes . this carried over to the bl book listing where it caused incorrect prices on these motorcycles and made it difficult for sellers to get the correct price . the few specialty motorcycles like the titan phoenix trm custom where only 25 were built one at a time each bike built or put together by one person . titan owners went public on the nasdaq in 1997 . by 2001 the management had failed then dealer and customer support failed and titan filed for bankruptcy . andrew donald proudfoot owned the largest titan dealership in florida and was stuck with a large inventory of titan motorcycles . he also went to titan s headquarters and bought the company in july 2001 . titan number 2 was born but went under due to the company owing more to vendors then had the capital to pay for their services . the new competition from companies like big dog american ironhorse and many other harley clones companies and also because of a declining american motorcycle market since the beginning of 2007 . in january 2007 titan motorcycles cie tmc had filed a voluntary petition for relief under chapter 11 of the bankruptcy code . in august 2007 an asset purchase agreement was signed between tmc titan motorcycle cie debtor in possession and arizona motorcycle works as buyer where all assets of titan were sold to arizona motorcycle works . an arizona bank called fnba filed an objection to the proposed sale of now bankrupt titan s assets to arizona motorcycle works claiming it has a first rights lien on titan s assets and that the sale price undervalues the fair market value of the property . the bank also claims that titan s owner don proudfoot and hope smith a principal in arizona motorcycle works have a personal relationship and that the latter company is subtenant of titan s and that this relationship has not been disclosed . these two allegations called into question that the proposed sale represents a good faith arms length negotiation between the two entities the complaint claimed . fnba stated that proudfoots company tmc acquisitions owes the bank about 813 000 on a 1.5 million business loan that the company took out in february 2006 . 2 2012 model list edit 2012 bikes bobber soft tail low rider rubbermount chopper st 250 & 300 series tire prostreet st 250 & 300 series tire references edit a b titan motorcycle co of america . cyril huze blog december 2007 . titan motors . retrieved 2009 09 29 . retrieved from https en.wikipedia.org w index.php title titan motorcycle company & oldid 710904628 categories motorcycle manufacturers of the united stateshidden categories articles needing additional references from may 2011all articles needing additional referencesarticles needing cleanup from may 2011all articles needing cleanupcleanup tagged articles without a reason field from may 2011wikipedia pages needing cleanup from may 2011pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 19 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