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Ride BidCo AB is a newly established company (Goldcup 29086 AB under name change to Ride BidCo AB), with corporate registration number 559342-1901, domiciled in Stockholm, indirectly wholly-owned by Basalt and its investors from time to time.
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SAFE-BIDCO, located in Santa Rosa, operates a variety of loan programs to assist small businesses in California obtain financing. This report concludes that because of its declining financial position, SAFE-BIDCO could become insolvent as soon as June 2018.
SAFE-BIDCO’s expenses have exceeded revenue in each of the last five fiscal years, and it has been unsuccessful in obtaining sufficient additional capital.
The company also makes baking products noodles and packaged fruit juice. The Bidco Oil Refineries headquarters are located on General Kago Road in Thika town, Kiambu County. However, there are other facilities owned by the company throughout Kenya and other parts of Africa, such as Tanzania and Uganda.