The Accurate Reloading Forums THE ACCURATE RELOADING.COM FORUMS Hunting Handgun Hunting Freedom Arms on the auction blockGo | New | Find | Notify | Tools | Reply | |
| Freedom Arms on the auction block | Login/Join |
| One of Us |
I wonder who the new owners will be. I guess their selling point was getting a bit higher than most people were willing to pay..when a Ruger at 25% of the cost will do the same job. Ruger selling plenty of guns. Lessons learned? They are following many past boutique gun companies...like Kimber Of Oregon, Kleingunther, ULA etc and the list goes on. I knew it was just a matter of time. They based their higher selling point on the "exclusevness" which is long gone since there are so many floating around now and it finally caught up with them. Not too many people left that are willing to spend $2200 - $2500 for a factory built revolver. Get the popcorn hot. | ||
|
one of us |
Does this mean they will be dumping inventory at discount prices?!! | |||
|
| One of Us |
The only thing I hate about hearing this is that BFRShooter is going to have a party... Say what you may, but to state that Ruger will do the same thing for 25% of the cost means you have never shot an FA. Try to buy a Ruger in .41 Magnum with an EDM barrel, a five shot cylinder and a 1 in 14" twist specifically designed to shoot heavy for caliber projectiles. I will wait while you make the phone call. In short, sir, you don't know what you are talking about, no disrespect intended. | |||
|
| Moderator |
Woodrow, Would you please cite your reference regarding this information? If ignorance is bliss; there are some blissful sonofaguns around here. We know who you are, so no reason to point yourselves out. | |||
|
Moderator |
They have filed chapter 11 -- actually some time ago. "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
One of Us |
Bankruptcy Case ______________________ Age and Treachery Will Always Overcome Youth and Skill | |||
|
| One of Us |
it's not that they couldn't sell guns, it's the bullshit lawsuits filed by f-ing morons. | |||
|
| One of Us |
called, they said they had no plans to close. perhaps debt restructuring? | |||
|
| One of Us |
That is good news. I wish them the best. Woody, I have to disagree with your statement about a Ruger being equal to a Freedom Arms. Even John Linebaugh freely admits that even a full custon Ruger will never be a FA. The tolerances simply aren't there. Ruger is a mass produced gun and a Freedom isn't. Using your logic says that a Corvette and a Chevy Aveo are the same. Both get you from point A to point B, but that is where the similarity ends. ______________________ Age and Treachery Will Always Overcome Youth and Skill | |||
|
| one of us |
I thought that Chapter 11 was protection of the court while restructuring one's debt. If so, then they do not have to sell to anyone. Peter. Be without fear in the face of your enemies. Be brave and upright, that God may love thee. Speak the truth always, even if it leads to your death. Safeguard the helpless and do no wrong; | |||
|
| One of Us |
Wish them the best. I love mine and when time comes, they'll be included in my estate left to my kids. Most of my Rugers won't largly because they're stll easily obtainable if that pegs their meter. However the out of production rugers of mine will be valued I'm sure. I see this action as not a reflection on the company/product but the global meltdown requiring changes in all aspects of the economy. ==================================================================================================== Note: This post may contain misspellings, grammatical errors, disorganized sentence structure, or may entirely lack a coherent theme. These elements are natural to the process of writing, and will only add to the overall beauty of the post ~ Smartfix | |||
|
| Moderator |
Yes, but as pointed out; there is a difference between the auction block and Chapter 11. If ignorance is bliss; there are some blissful sonofaguns around here. We know who you are, so no reason to point yourselves out. | |||
|
| One of Us |
My source stated they were selling the company, regardless of the chapter 11. Chapter 11 for most companies in trouble is a method to buy time and have some debt protection, while they find a buyer. Not always, but most often. Very few ever get back on their feet again...there was a reason they had problems to begin with. As for their quality, I never said they were scrap. I stated a Ruger will do the same job for 25% of the cost....very true and nobody can prove otherwise. Reread what I wrote and think about it...really comprehend what is written...then you will get it. It really is not the shitty economy alone that did this...the pricing structure AND the fact there are FA's everywhere for sale...with used ones at < 50 retail...they are no longer an "exclusive" gun and the party is over. I like FA's, as overpriced as they are and even own one, but facts are facts. Just saying. Tembo...I own both an Aveo AND a Corvette so I can say the comparison is not even close to the FA vs Ruger. More like Silverado 2500HD vs F-250! Yea, thats it. The FA I do have I just bought...a Premium Grade in 98% condition...factory ported w/ 7.5" bbl .454 Casull for a whole $1150. A 50% loss for somebody. It is nice, but I would NEVER pay $2300 for it new. You won't buy a SS Ruger SuperBlackhawk in same condition for 1/2 price I can tell you that. Value for the dollar = Ruger is the winner. I do blame Tembo and Gunner for this recent purchase though. I don't need it..but was curious. I have no ill wish for FA...just for the record. | |||
|
| One of Us |
Lar45...if anything this might temporarily bump up the current pricing structure on what is on dealer shelves...always somebody that was on the fence or saving up that will now pull the trigger. | |||
|
| One of Us |
Woody, I blame Gunner for my FA, at least that is what I told my wife.  ______________________ Age and Treachery Will Always Overcome Youth and Skill | |||
|
| One of Us |
I blame all you guys for mine!  And for my S&W Mountain Gun!! And for my 5" Ruger Super Blackhawk!!!  I could go on but she might read this site!!  Well, anyway you get the idea. Richard | |||
|
| Moderator |
Hitman, PM sent....... "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
| one of us |
I am not happy, get over it. It was a fine revolver when first made but greed took over while dimensional quality went down. Tight and finish was the ruler, not the shooting. Over pricing and a large charge for all extras killed them. Charging for all needed work killed them. Once the gun was sold, it was over, you own it and you keep it. If it shoots, great, if it doesn't, tough luck, send money. Just how much would it take to make a Ruger pretty? About $20 to $50. Maybe $5 for bead blasting. OH, OH, bead blasting is a whole lot cheaper then a high polish. Some think the Freedom guns are finished by hand but it is air power. It comes down to money. Pay $250,000 for a house worth $40,000 and try to make payments. Who is the sucker? The bank or you? Do you know when you can't pay, the bank really is the loser? Obama will give the bank some money. | |||
|
| One of Us |
wow, same rant, same BS. | |||
|
| Moderator |
Wow, actually none of that had anything to do with their demise...... "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
| One of Us |
Hey BFR, if I could find about 20 guys on here to chip in a C-note apiece with me to buy you an FA that was guaranteed to shoot, would you shut up? I'll bet I could get a test target from the factory along with the revolver.   And Marko, I ain't so sure they are "demised" just yet...  | |||
|
| Moderator |
If I win the lotery I'm going to buy him two in each caliber!  "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
| One of Us |
 | |||
|
| Moderator |
Of course he won't want them so I'll give them to you! Damnit, Jim! "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
| One of Us |
As has been said by those more eloquent than I am: "Don't confuse me with facts, my mind is made up!" I agree: Damnit, Jim!  | |||
|
| one of us |
Baker is not his father. He is responsible for the problems. Get over it, a great gun went down the greed trail. What happens next? Will a new owner come in to make it cheap or will baker hire illegals. Will someone bring it back to glory? Sorry, there is a reason for problems. Maybe too many found the gun did not live up to the price. | |||
|
| One of Us |
BFR, how many Freedom guns did you see at the IHMSA Internationals every year, assuming you went? A darned bunch. Admit it! It is still that way, and there is a reason for it. And you can admit that, too!!! It won't hurt, I promise. See my previous post... I am done. | |||
|
| Moderator |
This is true, they are the domimant revolver -- and there is a reason for this...... "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
| One of Us |
Appears we are looking for blame in the wrong places. I don't think its so much about greed/mis-management ~ Its the economy. Like anything in the marketplace, its the upper-end of any product that is impacted the firstest and mostest. Its effect is worldwide. Can't think of anything having been untouched to some exent. Bankrupcy rules and processess allow avenues to adjust to such challenges. ==================================================================================================== Note: This post may contain misspellings, grammatical errors, disorganized sentence structure, or may entirely lack a coherent theme. These elements are natural to the process of writing, and will only add to the overall beauty of the post ~ Smartfix | |||
|
| One of Us |
I'm guessing I saw over a hundred FA guns in the last week, I shot many of them in every caliber they make...every single one of them shot tremendous, every one! You would think that at least one of them wouldn't shoot....didn't happen & we shot them out to 600 yds for 5 days! One guy owned 17 of them, another owned 16, have no idea how many guys had 10-12. Dick | |||
|
| Moderator |
No doubt in my mind! "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
| one of us |
I bought my FA in 475 Linebaugh because of the caliber and because I wanted to own a quality gun. The FA did not disappoint. I will sell it when I cannot shot it any more and not one minute sooner. I have two Rugers, a 629 and a 45 Colt (in SS), which are VERY nice guns, but not in the same league as the FA. I rank the FA with my S&W model 52 and the model 41. Peter. Be without fear in the face of your enemies. Be brave and upright, that God may love thee. Speak the truth always, even if it leads to your death. Safeguard the helpless and do no wrong; | |||
|
| One of Us |
Right, when the economy goes down the first things hit are the ones that have an excessive high cost to value ratio. This usually means they are overpriced...period. FA is a good example. They are better than a Ruger for sure...but not 5x better. A Cadillac is better than a Chevy Impala, but if it was $125,000 would it be worth the cost. NO. But they sell lots of them because they are priced at 2.5x the cost...not 5x. A FA would sell much better if it cost what it was worth....appx $1200 vs the current $2200+...but there were people that bought pet rocks a few decades ago...but sadly pet rock companies are out of business. | |||
|
| Moderator |
Hey, I had a pet rock.....I miss that rock......  "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
one of us |
That's not particularly correct but a common assumption about Chapter 11. Often the company is perfectly viable business but a judgement from litigation or some other one-time unexpected major expense may be too large for the company to sustain. In today's climate there will be no help whatsoever from the banking industry, even if you've been a good faith client for years. In litigation judgements, the party that wins the judgement negotiates a payment schedule that allows the company to continue. After all it does them no good to force it to shut down unless that was the intent in the first place, but it happens. In practice, it is up to the court and the creditors to allow a Chapter 11 petition to proceed, not the debtor and most Chapter 11s are very successfully executed. In most questionable cases the Court will deny the Chapter 11 petiton and force the company straight into liquidation to protect what assets remain on behalf of the creditors. The fact that there may be a buyer in this case means one of two things; either the company's plan to come out of Chapter 11 is approved by the creditors and the payment for the company becomes part of the estate to be distributed to the creditors, or there was a "stalking horse bid" for the assets of the company and agin, the proceeds of that sale goes into the estate. All negotiations have to be witht hte court, not the former owners. Even if they are in place managing the company for the court (Debtor in Possesion), they would be commiting felonies if they were negotiating the sale of the company outside the jurisdiction of the court. If the company had a good reputation with its client base, the assets sold by the court will often include the name of the company so that it can be used to start a new business to continue the products or services of the old business. "Experience" is the only class you take where the exam comes before the lesson. | |||
|
| One of Us |
Ah-h-h, Free Enterprise! Sweet, isn't it? | |||
|
| one of us |
100% true. Every company has to protect themselves from false litigation and frivolous lawsuits. It costs big bucks even if you win. I am old school. I hunt others lands and if I fall or get hurt, it is my fault. If I got hurt with a gun it would be my fault. If I slip on ice in front of a house, it is my fault. Even if a Freedom failed from my stupidity, it would go no farther. However, they have had problems because others do not obey and can't read. But parts have failed and did not do what they were designed for. That is just cause. There are just suits and frivolous ones. Did you know a part can fail for the hammer block and if you snag the hammer enough to rotate the cylinder and the hammer falls, the next chamber will fire? No need to pull the trigger. A pure safety issue from a poor design. It is not only an empty under the hammer, it is the next chamber. You will never know about it for a lifetime of shooting but it does happen. Once is enough. You will never know if a part failed during normal shooting, there is no red flag. When litigation overtakes a company, there might be a reason. Snag a Ruger hammer just enough to spin the cylinder and hammer fall will never fire the gun unless the trigger is back. S&W will never go off. To avoid paying Ruger royalties for the best single action design ever, is stupid. There is just nothing that can make a Ruger fire without pulling the trigger. 99% of you have no idea what is in a Freedom. 99% have never measured parts. It might be closer to 100%. You can only defend your gun if it is one that will shoot and has not failed even if you do not know it has. There is a whole wide world out there with millions of shooters. | |||
|
| Moderator |
There you go again with those blanket statements.......  "Ignorance you can correct, you can't fix stupid." JWP If stupidity hurt, a lot of people would be walking around screaming. Semper Fidelis "Building Carpal Tunnel one round at a time" | |||
|
| One of Us |
To quote my brother...  | |||
|
| Moderator |
[ There you go again with those blanket statements....... [/QUOTE]And this is different from any other day, how?  If ignorance is bliss; there are some blissful sonofaguns around here. We know who you are, so no reason to point yourselves out. | |||
|
| Powered by Social Strata | Page 1 2 |
 | Please Wait. Your request is being processed... |
|
The Accurate Reloading Forums THE ACCURATE RELOADING.COM FORUMS Hunting Handgun Hunting Freedom Arms on the auction block
Visit our on-line store for AR Memorabilia