KevinsOffroad.com Kevin:
My suspicion is that they ran out of cash, were not able to pay suppliers for product, and are working out a new ownership structure so the new investors with cash in hand can make an ROI. Cash is the lifeblood of any business, and if the profits aren't paying the overhead, it's time to do something radically different, quickly...!
My guess is the new investors will be a larger company already in the industry...like a Quadratec or 4WheelParts or someone like that. Someone who already does a really good job of marketing and promoting themselves. The RE name is worth too much to have it just go out of business...someone will jump on it, and buy the rights to produce their products, if they are not getting a cash infusion right now.
More to come
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