A while back, August 2011 if I remember correctly, Preston Pritchett of Surgeon rifles began talking about the sale of Surgeon and the new possibilities...aka, more time for R&D and more importantly to me, a left handed Surgeon action. Before people start saying, just get a Defiance or Stiller - I have a couple of Defiance's already and now I WANT A SURGEON ACTION! Does anyone know or have an update on what Surgeon is doing and how much of the below conversation has come to fruition?
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: preston pritchett</div><div class="ubbcode-body">Yes the majority stock was sold / traded. What has happened is I sold some stock for a nest egg for retirement someday. I also had the option to keep the rest of my stock in Surgeon or to trade if for SAC stock, the parent company. SAC has controlling interest in AWC Suppressors, TTI Armory, which is an ammo mfg company in UTAH. Also mfg rights to a AR platform rifle. I don’t know if that is public yet so I better not say the name. And now SURGEON, what is going to happen is we are now going to streamline and expand and concentrate on having actions and rifles on the shelf. I am more excited about our future than ever. Change is going to happen regardless of whom the majority owner is. We have no intention on dropping the quality one bit. In fact the quality is now better than it was in the past. About 3-4 months ago we hired Jamie Broyles to be the production manager. I am one of them guys that when I work on something the bench keeps getting higher and higher with tools until I cant find one and then it is time to clean off the bench. Jamie was managing very successful multi million-dollar corp. that made measuring equipment for the oil and gas industry. He has been a good friend for years. We were on our way to see a friend that has cancer and I learned he was unhappy with his job. By the time we were home we had agreed he was the new manager at the shop. This was change and a very good move for Surgeon. He set up processes and new procedures that is reducing our scrap. Scrap is the biggest loss we have. You guys that are on the list for 1086s were promised a delivery of XX date. What happened is we had a bad setup on one of the first operations. We didn’t realize it until one of the last operations. So instead of sending out 80 actions that were out of spec, we cut them up. This attitude to giving the customer what he is paying for is not going to change. Before the deal was done I asked my new partner “Mark” what he wanted out of this transaction. His goal is to make money, his background is accounting. That is understandable you don’t sink millions into a company to look cool. You do it to increase your bottom line. He in turn asked what I wanted out of this transaction. I told him I want to see Surgeon go from here (my hand at waist level) to here (my hand above my head). We talked and he said he didn’t want to cheapen the product up a bit. He said I only have interest in high-end companies. We are not going to make a Timex out of a Rolex. We will set new goals and figure out what it is going to take to get there. If we tell him we need 1 mil for new equipment to meet that goal. I am sure after we get the equipment he will expect that goal to be met. I would. We have never been caught up and had product on the shelf for any length of time. That will be a goal and is now why you don’t see RSRs on the shelf. <span style="color: #FF0000">If we had product on the shelf we would have time to work on LH actions.</span> We have not had time to monitor the Internet for government contracts. We did not win the MK 13 contract for new actions because we didn’t realize what was going on. Now we can hire a guy to monitor that for us. And if we do get a big contract we will not be on the mercy of the banker to loan us money to try to fill the contract. Personally I am very excited about our future. We owe our past to our customers and our future to our customers. I do not pay the bills here. Our customers do and with out you we would be a little machine shop out here in the country working for the local factories. I want to thank you for your loyalty and help in the past and for the future. It has been and is going to be a fun Ride. It’s my dad’s fault that I haven’t been monitoring the Internet closer. We were talking about 5-6 years ago about TVs (he is now 76). He made the comment that he has never turned one on but he has turned them off many times. So according to lawyers and psychiatrists it’s my dad’s fault.</div></div>
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: preston pritchett</div><div class="ubbcode-body">Yes the majority stock was sold / traded. What has happened is I sold some stock for a nest egg for retirement someday. I also had the option to keep the rest of my stock in Surgeon or to trade if for SAC stock, the parent company. SAC has controlling interest in AWC Suppressors, TTI Armory, which is an ammo mfg company in UTAH. Also mfg rights to a AR platform rifle. I don’t know if that is public yet so I better not say the name. And now SURGEON, what is going to happen is we are now going to streamline and expand and concentrate on having actions and rifles on the shelf. I am more excited about our future than ever. Change is going to happen regardless of whom the majority owner is. We have no intention on dropping the quality one bit. In fact the quality is now better than it was in the past. About 3-4 months ago we hired Jamie Broyles to be the production manager. I am one of them guys that when I work on something the bench keeps getting higher and higher with tools until I cant find one and then it is time to clean off the bench. Jamie was managing very successful multi million-dollar corp. that made measuring equipment for the oil and gas industry. He has been a good friend for years. We were on our way to see a friend that has cancer and I learned he was unhappy with his job. By the time we were home we had agreed he was the new manager at the shop. This was change and a very good move for Surgeon. He set up processes and new procedures that is reducing our scrap. Scrap is the biggest loss we have. You guys that are on the list for 1086s were promised a delivery of XX date. What happened is we had a bad setup on one of the first operations. We didn’t realize it until one of the last operations. So instead of sending out 80 actions that were out of spec, we cut them up. This attitude to giving the customer what he is paying for is not going to change. Before the deal was done I asked my new partner “Mark” what he wanted out of this transaction. His goal is to make money, his background is accounting. That is understandable you don’t sink millions into a company to look cool. You do it to increase your bottom line. He in turn asked what I wanted out of this transaction. I told him I want to see Surgeon go from here (my hand at waist level) to here (my hand above my head). We talked and he said he didn’t want to cheapen the product up a bit. He said I only have interest in high-end companies. We are not going to make a Timex out of a Rolex. We will set new goals and figure out what it is going to take to get there. If we tell him we need 1 mil for new equipment to meet that goal. I am sure after we get the equipment he will expect that goal to be met. I would. We have never been caught up and had product on the shelf for any length of time. That will be a goal and is now why you don’t see RSRs on the shelf. <span style="color: #FF0000">If we had product on the shelf we would have time to work on LH actions.</span> We have not had time to monitor the Internet for government contracts. We did not win the MK 13 contract for new actions because we didn’t realize what was going on. Now we can hire a guy to monitor that for us. And if we do get a big contract we will not be on the mercy of the banker to loan us money to try to fill the contract. Personally I am very excited about our future. We owe our past to our customers and our future to our customers. I do not pay the bills here. Our customers do and with out you we would be a little machine shop out here in the country working for the local factories. I want to thank you for your loyalty and help in the past and for the future. It has been and is going to be a fun Ride. It’s my dad’s fault that I haven’t been monitoring the Internet closer. We were talking about 5-6 years ago about TVs (he is now 76). He made the comment that he has never turned one on but he has turned them off many times. So according to lawyers and psychiatrists it’s my dad’s fault.</div></div>
