What's Colt gonna do?

Pharr Shot · Jun 30, 2015

So I heard, probably like the rest of yall, that apparently Colt is coming back with their snake series of revolvers this year.
Since when I heard about that I haven't heard anything since.
Does anyone know what's up with that?

NikatKimber · Jun 30, 2015

Probably go bankrupt.

MadDogs · Jun 30, 2015

They may have had that in their plans written a year or more ago but today they do not appear to have the funding. My bet is that they are going to restructure/reorg (or sell) and bring in a new management team. This will likely mean innovation (by Colt standards) and the intro of more high margin guns.

Hoov · Jul 1, 2015

I do not know which way to bet. I might hazard a guess after the bankruptcy, but who would want to buy them?

Hoov · Jul 2, 2015

Hoov said:
I do not know which way to bet. I might hazard a guess after the bankruptcy, but who would want to buy them?

Well, apparently the Morongo Band of Mission Indians.

http://blogs.wsj.com/bankruptcy/2015/07/01/morongo-tribe-rides-to-colts-rescue/

grizzlywinmag · Jul 2, 2015

That would probably be a good deal for the future of Colt's. The Native American tribes know how to make money.

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twoguns? · Jul 6, 2015

grizzlywinmag said:
That would probably be a good deal for the future of Colt's. The Native American tribes know how to make money.

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Ohhhhhh....Bingoguns........

What's Colt gonna do?

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