Colt Files Chapter 11 (Read 2562 times)

hvybarrels

Colt Files Chapter 11
« on: June 15, 2015, 06:22:01 PM »
Stop blaming lazy people. We didn’t do anything.

new guy

Re: Colt Files Chapter 11
« Reply #1 on: June 15, 2015, 06:36:48 PM »
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« Last Edit: August 11, 2016, 11:25:19 PM by new guy »
Your mindset is your primary weapon. - Jeff Cooper

zippz

Re: Colt Files Chapter 11
« Reply #2 on: June 15, 2015, 06:41:15 PM »
Colt went into bankruptcy several times in the past.  Nowadays it's almost expected from them.

new guy

Re: Colt Files Chapter 11
« Reply #3 on: June 15, 2015, 06:45:19 PM »
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« Last Edit: August 11, 2016, 11:25:32 PM by new guy »
Your mindset is your primary weapon. - Jeff Cooper

Inspector

Re: Colt Files Chapter 11
« Reply #4 on: June 15, 2015, 07:03:24 PM »
Sorry to all the pony fans out there. This may not end the way you like.

http://www.npr.org/sections/thetwo-way/2015/06/15/414656309/firearms-company-colt-defense-files-for-bankruptcy-protection
They borrowed heavy last quarter or the quarter before to keep the creditors at bay. Then I see CDNN dumping new Colt AR's for under cost the last couple of months. It's a shame the company was not run properly.
SCIENCE THAT CAN’T BE QUESTIONED IS PROPAGANDA!!!

Bota-CS1

Re: Colt Files Chapter 11
« Reply #6 on: June 18, 2015, 03:55:05 PM »
No one is coming, it’s up to us.

Legislation should never be about depriving law abiding citizens of something, but rather taking those things away from criminals.