Colt — and then, Remington each filed chapters long, long ago.
Now several of these fly-by-night, largely huckster led later-gen hand pistol companies are going under as well. And I am here for it. [At right is a malevolently moronic Utah/Texas company that was making fully-operational “Lego” branded pistols — using the Lego bricks entirely without an IP license (of course!), and clearly aiming it… at children. It went under in 2021.]
Here’s the latest, from the WSJ:
…Watchtower Firearms files for bankruptcy
Watchtower Firearms on Feb. 27 filed for Chapter 11 bankruptcy, facing a multitude of financial problems.
The Frisco, Texas, firearms maker faced operational challenges, tax obligations, and significant vendor and service provider debt that led to its financial distress….
Now you know. And as a matter of public safety — these are all good things.
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