I have a few rifles from LWRC and love them to death...not sure how I feel about Colt buying LWRC..
Breaking News: Colt is buying LWRC for $60 million - The Firearm Blog
Breaking News: Colt is buying LWRC for $60 million - The Firearm Blog
- Thread starter Palehorse68
- Start date
I agree, not sure how to feel. I do however like the chance of them moving this to Texas.
I guess that would be a positive for LWRC to move out of Maryland...God bless Texas..
60 mil seems cheap?
As a LWRC REPR owner I too am not sure how I feel about this. What does this mean the LWRC M6 Individual Carbine (M6IC) rifle will become a Colt branded product.
Glad I got mine a while back. IMO this will cause a drop in quality, its pretty much to be expected when a small shop gets bought out by a big corporation.
It's really not a huge operation, about 2 hours from me. MD sucks... I hear they are leaving for sure, as is Beretta. Can't say I blame them and wish I could follow.
It may be time to purchase a LWRC INTERNATIONAL M6-IC-SPR before it becomes the COLT M6-IC-SPR.
I hope the quality doesn't suffer because of the acquisition.
At least, the debates of Colt versus LWRC will cease to exist
I hope the quality doesn't suffer because of the acquisition.
At least, the debates of Colt versus LWRC will cease to exist
Beats the hell out of Stag buying them!
I agree, I am glad I got my LWRC M6A2 SPR when I did.
I'm thinking it will mean better quality and lower prices.
I live 10 minutes from there and wish they weren't leaving. Provided a lot of the better jobs in the area. Sucks for those people who have worked so hard to build that reputation LWRC has and see it go like that. Bernstein did the same thing with BAI when he sold out to L3. They picked up and left the area eventually but did give the employees the chance to relocate.
Seems to me that it would be in Colt's interest to keep the quality up.
Charles
Charles
I can't believe the response here, is every one buying a gun in hopes it will become a classic some day. Do you think a company would spend $60 million just to make a lesser product. To make something new & change it just enough that it will not fit the old is nothing more than greed.
Who are these guys? Not familiar with them.
F&D Forces the Hand of LWRCI Ownership: Feb 18, 2014
F&D has provided a convenient time for the owners and shareholders of LWRCI to move on and out of the industry. LWRCI has moved to sale ownership of its company on the heels of revelations that F&D is the actual inventor of its flagship Intellectual Property/Patent. Additionally, Defamation and Business Disparagement claims filed by F&D hit critical mass for LWRCI's defense strategy and market-place integrity. F&D has asserted a liability owed to it by LWRCI in the amount of $12.4 million. See Court filings below.
F&D Forces the Hand of LWRCI Ownership: Feb 18, 2014
F&D has provided a convenient time for the owners and shareholders of LWRCI to move on and out of the industry. LWRCI has moved to sale ownership of its company on the heels of revelations that F&D is the actual inventor of its flagship Intellectual Property/Patent. Additionally, Defamation and Business Disparagement claims filed by F&D hit critical mass for LWRCI's defense strategy and market-place integrity. F&D has asserted a liability owed to it by LWRCI in the amount of $12.4 million. See Court filings below.
LWRC sold to Colt ?????
It happens all the time .... Big company buys little company QC and CS go down the crapper.
No more Ldubs for me.....screw Colt.
It happens all the time .... Big company buys little company QC and CS go down the crapper.
No more Ldubs for me.....screw Colt.
Glad I bought my M6A2 with 2 uppers when I did…When I was growing up Colt was the standard. I have several 1911s and a Python.
What they did to the business was insane. I have no interest in anything they do now.
BR,
What they did to the business was insane. I have no interest in anything they do now.
BR,
It's almost twice as much as what DPMS was sold for to Freedom Group.
Think about DPMS volume versus LWRC volume in sales. Something's going on. Recent pics from the AUSA Convention:
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Price paid is almost always a product of the seller's EBITDA......the owners or equity sponsor would have likely hired an investment bank to market the deal for sale. Obviously both sides think they got a good deal.....time will tell.
F&D is just hoping...like they know something to this and like a patent lawsuit starting six months ago on just the REPR would cause this. F&D is crazy if they think that.
They certainly don't act normal.. Too funny corky.... Maybe there is something to the six8 being reconsidered for Military contracts as speculated driving the price up.... Time will tell.
Have trusted my life to one all over the world. They work. I don't see them as a first choice but I'll take a Colt/LWRC any day over 90% of the other shit out there.
Stupid question, has anyone read corny hall's complaint? He wrote it himself and is representing himself. Corby makes several interesting claims as to who designed the SAbR/REPR rifles.
One question . . . Why Is he screwing around in the courthouse instead of making FD rifles? Why not spend the tube making rifles and make money instead of waiting time representing himself at the courthouse?
On another note it will be interesting if this is true and Colt buys LWRC.
One question . . . Why Is he screwing around in the courthouse instead of making FD rifles? Why not spend the tube making rifles and make money instead of waiting time representing himself at the courthouse?
On another note it will be interesting if this is true and Colt buys LWRC.
Yeah.... It's very evident... Even humorous if you read his complaint etc....
Just like Cerberus did for Remington and shrubmaster right?
I want to be clear about one thing. I want to see F&D defense succeed and bring another precision rifle to market. Corby contacted me and stated that he felt that I was against him and his company succeeding.
The fact is, I hope he gets his rifle to market, in large numbers and I hope that it's as nice as it looks and shoots as well as the initial examples seem to be shooting.
And everyone here knows that I am a POF and Hodge Defense guy.
But . . . More precision semi piston rifles, more silencers, better for gun culture 2.0. I want F&D and Corby to get that rifle out . . . Let's see how they shoot. It will stand or fall on its merits. I would love to see one and shoot it.
I simply find the lawsuits that have popped up in the past few months in the firearms industry to be humorous to me as an attorney. Smith enterprises and the more recent tactical rifles lawsuits are prime examples of this.
Smith and Tactical Rifles are great examples . . . . Instead of fixing the problems . . . . Making more money . . . . . They are suing disgruntled customers and websites.
This is my opinion. They, the plaintiffs obviously disagree.
The fact is, I hope he gets his rifle to market, in large numbers and I hope that it's as nice as it looks and shoots as well as the initial examples seem to be shooting.
And everyone here knows that I am a POF and Hodge Defense guy.
But . . . More precision semi piston rifles, more silencers, better for gun culture 2.0. I want F&D and Corby to get that rifle out . . . Let's see how they shoot. It will stand or fall on its merits. I would love to see one and shoot it.
I simply find the lawsuits that have popped up in the past few months in the firearms industry to be humorous to me as an attorney. Smith enterprises and the more recent tactical rifles lawsuits are prime examples of this.
Smith and Tactical Rifles are great examples . . . . Instead of fixing the problems . . . . Making more money . . . . . They are suing disgruntled customers and websites.
This is my opinion. They, the plaintiffs obviously disagree.
If I remember correctly, I saw one of their first rifles being offered for $10k. Too rich for my blood.
Also, with respect to the lawsuit, note that it's the "Second Amended Petition." This leads me to believe that it was most likely already dismissed. Twice. I'm surprised that the Defendants haven't removed the lawsuit to Federal Court.
They tried to Remove to federal court but it was anchored in Comal county by adding Selph as a defendant. Hence it stayed in state court.
It has not been dismissed. Attorneys amend petitions all the time as new causes of action and/or parties arise
It has not been dismissed. Attorneys amend petitions all the time as new causes of action and/or parties arise
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Went ahead and pulled the Docket. You're right. I don't see a motion to dismiss or an order.
http://24.153.188.245/CaseDetail.aspx?CaseID=767344
I wonder what the basis is for the two recently filed motions for sanctions.
http://24.153.188.245/CaseDetail.aspx?CaseID=767344
I wonder what the basis is for the two recently filed motions for sanctions.
That's interesting motion for sanctions and motion to compel.
I exchanged a few emails with corby hall after I posted the above and he responded with the following. I am posting it with his permission as I am not for or against either party and I lumped his Lawsuit in with the man drama of the SEI and TRN lawsuits:
This ain't walking Mart dude
Well, I'm betting Colt doesn't use a $38 barrel and then price their rifles at $2500.
We don't have Walking Marts up here or say "dude" much in the last 20 years. Is that an Alabama thing?
$38 barrel? From whence did that come? LOL.
At this point, I'm starting to wonder if Corby Hall didn't start the LWRC/Colt rumors just to showcase his legal purse fight...
Who knows...if he was wronged then I hope it's made right. If his allegations are false, then he really is the dick that most of his posts seem to indicate.
At this point, I'm starting to wonder if Corby Hall didn't start the LWRC/Colt rumors just to showcase his legal purse fight...
Who knows...if he was wronged then I hope it's made right. If his allegations are false, then he really is the dick that most of his posts seem to indicate.
LWRC sold to Colt ?????
This whole bit is hilarious. He says it himself "he was hired" so he was paid for work (if that's true). If he was contracted he would have filed a patent on his own. Then adds this lawsuit could warrant the sale (in his eyes of course). Infers he started the rumor. If anyone can start a lawsuit it's LWRC on Corby for defamation.
I quote "I never made any real issue of it until my integrity was attacked by the very Vice President of LWRCI who hired me to do the engineering work in the first place. I can see this lawsuit being an issue in the sale of the LWRCI".
This whole bit is hilarious. He says it himself "he was hired" so he was paid for work (if that's true). If he was contracted he would have filed a patent on his own. Then adds this lawsuit could warrant the sale (in his eyes of course). Infers he started the rumor. If anyone can start a lawsuit it's LWRC on Corby for defamation.
I quote "I never made any real issue of it until my integrity was attacked by the very Vice President of LWRCI who hired me to do the engineering work in the first place. I can see this lawsuit being an issue in the sale of the LWRCI".
That Colt is trying to make their line up look better.
That Colt is trying to make their line up look better.
I wonder who started this rumor?
3 guesses and 2 aren't needed. Who had something to gain from a publicity stunt?
Who can find a rumor dated before this one?-
https://www.facebook.com/thetruthaboutguns/posts/565320420202056
The Truth About Guns
Unverified rumor of the day: Colt may have just purchased LWRC
Like · · Share · September 27, 2013 at 1:49pm
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