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mrraley wrote:
:rotfl: :rotfl:faawrenchbndr wrote: Damn,.......you're going to buy a ten pound sac.
All orders to ArmaLites' for ArmaLite stuff will still be filled by ArmaLite.
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I found the Same Info Brother. I am not sure myself what to think other than they are remaining this way as to not deal with the pressures of the On slot of Corporate buy out of the smaller Corps..foxhunter wrote: Ole Cowboy's post has all the info about the companies SAC has purchased, but I have been able to find scant information about SAC itself, except that it was formed around 2010 or 2011 by the ceo, Mark Johnson. It is an LLC, but no lists of officers of the corporation are available. It is private, so the financial solvency of the corporation, mission statement, goals, etc are all missing. No information exists that I can find on Mark Johnson, CEO.
So it seems we are just having to assume Mark Westrom made a wise business decision that guarantees the future success of Armalite under this new company, and hope for the best. Or... he got tired of the hassles of trying to run a business in Illinois, and took a wad of cash and is going to relax and enjoy it,come what may with the company. The notification that he will sit on a board, doesn't mean he will have any significant ability to steer the course of SAC, depending on how the board is set up. Which no one except Mark Johnson, Mark Westrom and the other owners who sold to SAC apparently knows.
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In this case I am just presenting facts as I find them, I do not know enough of the backstory to make a legit call.BUILDING MY SASS wrote: Again my Friend...Your Point Being...
Speak Your Mind Cowboy....What do you Personally Think...
Enough of the Links and Statements my Friend....Speak Your Mind...
I personally am in the Air about it..but things happen and the World goes on...Is it a Good Thing...Time and Opinions will Tell...not to mention the Quality of things.....
But Please...Speak your True mind of things... :thumbs:
BMS
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Buddy of mine sold his company like that. I think he got $10,000 cash plus a VP position at around $300k + $300k bonus and of course a TON of stock as he sold the company for several million.foxhunter wrote: Given the limited data we have so far, I can't think of a single reason why any of these companies would have allowed themselves to be bought by Strategic Arms LLC. It looks to me like there is a story here that is not being told and an opportunity for some investigative reporting. I hope for his sake Westrom took cash instead of shares in SAC LLC. I don't have a warm and fuzzy freeling about this. I guess the bright side to a worse case scenario of there being no more Armalite (if this all goes south) is that their guns will become rare and valuable, and I have 4 of them.
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