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#1
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Chapter 11 is reorganization as opposed to Chapter 7..Colt is going nowhere. Someone wither buys them out or they renegotiate with lenders. The govt will most likely have to bail them out for parts they have to buy. Either way they will be around for a long time.
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"Arms in the hands of citizens may be used at individual discretion in private self defense." - John Adams "The Constitution shall never be construed to prevent the people of the United States who are peaceable citizens from keeping their own arms." - Samuel Adams |
#2
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Maybe you should have stated that the name will be around for a long time.
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CBOB0716 "The most basic right that we have emanates from our Creator and it is that unalienable right to life. We stand firmly on the principle that from conception until the last breath is drawn, life is sacred.” Political Correctness is a doctrine, recently fostered by a delusional, illogical minority and promoted by a sick mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of shit by the clean end! |
#3
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Definitely not a place to be working right now knowing the owners are just looking for the next cash infusion to suck up .... sad situation
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Rich COTEP #762 A gun is a tool, no better or no worse than any other tool: an axe, a shovel or anything. A gun is as good or as bad as the man using it. Remember that. And shepherds we shall be, for Thee, my Lord, for Thee. Power hath descended forth from Thy hand, that our feet may swiftly carry out Thy command. So we shall flow a river forth to Thee, and teeming with souls shall it ever be. In nomine Patris, et Filii, et Spiritus Sancti. |
#4
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So don't sell my Python?
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________________________ CBOB696 Lifetime NRA Member The biggest pain in the a** you'll probably ever have to deal with watches you from the mirror every morning. Good judgment comes from experience, and most of that comes from bad judgment. If you find yourself in a hole, the first thing to do is stop digging. |
#5
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Hell no. I gave one to one of my uncles way back...he died and his daughter cannot find it.
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CBOB0716 "The most basic right that we have emanates from our Creator and it is that unalienable right to life. We stand firmly on the principle that from conception until the last breath is drawn, life is sacred.” Political Correctness is a doctrine, recently fostered by a delusional, illogical minority and promoted by a sick mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of shit by the clean end! |
#6
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Good question. They're worth a LOT right now, The Walking Dead TV show drove demand through the roof in recent years. The big question is do they keep going up in value or does the bubble on them burst as the old timers who actually appreciate what they are die off.
If I had a gun worth anywhere from 2.5-5K I'd be hard pressed not to cash in.
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COTEP 730 |
#7
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What, Obummer isn't going to bail them out???
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#8
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I was was thinking Soros and Blomberg would buy Colt. And end all production for good.
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CBOB0716 "The most basic right that we have emanates from our Creator and it is that unalienable right to life. We stand firmly on the principle that from conception until the last breath is drawn, life is sacred.” Political Correctness is a doctrine, recently fostered by a delusional, illogical minority and promoted by a sick mainstream media, which holds forth the proposition that it is entirely possible to pick up a piece of shit by the clean end! |