TexasCHLforum.com

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.

Dave2 wrote:

SA_Steve wrote:Gotta wonder how this can be. Too much borrowing over the years ? Executives bleeding all the cash flow ?

I blame being based in a state whose leadership would like to make your product illegal.

Ok, so that may or may not have a lot to do with it, but I wonder if this is why they didn't follow in the great exodus of gun manufacturers a year or so ago?

If they had better cash flow in recent years they might have moved to a friendlier state. Being so far in debt makes it difficult to build or borrow money to build.