Page 4 of 4

Re: Iconic gunmaker Colt is on the brink of bankruptcy

Posted: Fri Jul 24, 2015 9:53 am
by C-dub
chuck j wrote:No one seems to remember but this is when and why Colt failed .

http://www.breitbart.com/big-government ... -bankrupt/" onclick="window.open(this.href);return false;

They never recovered from it , too many mad gun owners , I know because I was one of them .
It sure could have been the beginning of their decline. If they received most of their revenue from government contracts, the decrease in sales to the public wouldn't effect them much. Losing the government contract probably put the nail n the coffin.

Re: Iconic gunmaker Colt is on the brink of bankruptcy

Posted: Fri Jul 24, 2015 10:22 am
by TXBO
I remember that. I also remember Smith and Wesson capitulating to the Clinton DOJ and Bill Ruger saying that we don't need more than ten round magazines.