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Del-ton closing it's doors
- Thread starter rbstern
- Start date
"Rare, Highly Collectable, Don't make em anymore, Know what I got."
Last I heard they were also debt free, I doubt they are going anywhere.
Check out The Firearm Guy channel from the last few days. Kind of an annoying New England accent but good info in his videos. But it turned out that Volusia Co locked the doors and seized all the contents over past due property taxes. It's odd too since they had previously secured property in Blount County TN to build/move operations. Well that ain't happening now.
I can only assume it was a story of bad bookkeeping and unsecured debt. But as of now they're done.
You know that's right! I mean what, they're selling receivers at like 50 bucks a piece. Not to mention selling the whole guns for 400 and some change for the basic rifle. I think we're going to see a lot of gun companies like them going belly up. I think the market has gotten so saturated with AR platform guns and it's only idiots like us to keep buying them. That huge spike in sales was due to the threat of getting them taken away and now that everybody has one sales are going to pot. I think the die hard AR platform boys are going to keep buying them here and there but there's only enough being purchased that it can't possibly support every one of the gun manufacturers out there in the AR category at least. Listening I'll be speculation but I have been keeping up with sales and availability and it seems that they're slowing down a little bit. That might be utter crap but at least that's the trend I'm seeing.
