SOURCEColt, the iconic American gunmaker, could be bankrupt within days.
The company, that has been making guns for 160 years, has been struggling financially and missed a $10.9 million interest payment on its debt in mid-May.
Registered Member
SOURCEColt, the iconic American gunmaker, could be bankrupt within days.
The company, that has been making guns for 160 years, has been struggling financially and missed a $10.9 million interest payment on its debt in mid-May.
The only way of discovering the limits of the possible is to venture a little way past them into the impossible - Arthur C. Clarke
Registered Member
Colt has changed hands a number of times since 1836, and will probably continue to do so...All this does is drive up the perceived value of the millions of Colts that already exist...I probably should have held a tighter grip on a few I've owned, but I'm down to two, which I'm keeping......Ben
The future is forged on the anvil of history...The interpreter of history wields the hammer... - Unknown author...
Charter Member
Bad management eventually yields the same result, about the only difference is the time it takes to get there.
Very sad.
"A pessimist sees the difficulty in every opportunity, an optimist sees the opportunity in every difficulty” ---Sir Winston Churchill
"Political extremism involves two prime ingredients: an excessively simple diagnosis of the world's ills, and a conviction that there are identifiable villains back of it all." ---John W. Gardner
“You can’t go back and change the beginning, but you can start where you are and change the ending.” ---C. S. Lewis
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