Hudson bites the dust

[Don Quijote]

Chapter 7 bankruptcy. Hasta la vista, baby: https://www.thefirearmblog.com/blog/...or-bankruptcy/

[WickedWillis]

Super odd thing to be celebrating.

[Don Quijote]

Super odd thing to be celebrating.

Good to know that you think you know my motivations for posting that.

[TexHill]

Good to know that you think you know my motivations for posting that.

Then please enlighten us. I agree with Wicked that the closing of a company is not something that is normally celebrated because that usually means that there are people who are out of work.

[LowSpeed_HighDrag]

Not sure why everyone is so butthurt here...

Hudson ran an incredibly irresponsible campaign to get their weird pistol on the market. Now, because they couldn't run a business to save their lives, the people who lent them millions will likely never see a dime of it back. Maybe everybody that is so sad about this should have bought their fair share of Hudson H9's to keep them afloat?

[RHINOWSO]

Hudson - Ego writing checks their bodies couldn't cash.

Not remotely surprised.

[TomMcC]

$50K assets and $10-50 million in liabilities. It's for sure more than one person or company got hosed.

[TexHill]

Not sure why everyone is so butthurt here...

Hudson ran an incredibly irresponsible campaign to get their weird pistol on the market. Now, because they couldn't run a business to save their lives, the people who lent them millions will likely never see a dime of it back. Maybe everybody that is so sad about this should have bought their fair share of Hudson H9's to keep them afloat?

Not butt hurt, but also not into celebrating a company closing its doors and people being out of work. While I have not fired one of their pistols, the reviews that I saw were favorable.

[LowSpeed_HighDrag]

I think it's a sad situation for the lenders, and very sad for the people who own an H9. For the owners, screw em.

[TomMcC]

Not too sure I would equate "hasta la vista baby" with celebrating. Give the guy the benefit of the doubt.