Sinclair Research worried that Clive Sinclair himself was using his own personal wealth to fund his inventions. By 1990 the company's entire staff had been reduced to just Sinclair himself, a salesman/administrator, and an R&D employee. By 1997 only Sinclair himself was working at his company. In 1992, the "Zike" electric bicycle was released, Sinclair's second attempt at changing people's means of transport. It had a maximum speed of , and was only available by mail order. Much like the C5, the "Zike" was a commercial failure, and sold only 2,000 units. In 1999 Sinclair released the world's smallest radio, in the
Clive Beddoe would relinquish his duties as chief executive officer, passing the torch to then-president Sean Durfy. In April 2010 Gregg Saretsky replaced Sean Durfy as President and Chief Executive Officer. Clive remains Chairman of the board. He is currently on the board for AIMCO, and head of their compensation committee. In his personal time he is an avid sailor and participated in the 2006 ARC, racing across the Atlantic. Clive Beddoe was inducted to the Order of the Canadian Business Hall of Fame in 2012. Beddoe was also inducted into Canada's Aviation Hall of Fame in 2014. Clive Beddoe Clive Beddoe