Chapter 7 bankruptcy. Hasta la vista, baby: https://www.thefirearmblog.com/blog/...or-bankruptcy/
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Chapter 7 bankruptcy. Hasta la vista, baby: https://www.thefirearmblog.com/blog/...or-bankruptcy/
Senior Member
Super odd thing to be celebrating.
98% Sarcastic. 100% Overthinking things and making up reasons for buying a new firearm.
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Good to know that you think you know my motivations for posting that.Originally Posted by WickedWillis
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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.
A person who is not inwardly prepared for the use of violence against him is always weaker than the person committing the violence. - Aleksandr Solzhenitsyn, The Gulag Archipelago
Senior Member
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?
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Hudson - Ego writing checks their bodies couldn't cash.
Not remotely surprised.
Senior Member
$50K assets and $10-50 million in liabilities. It's for sure more than one person or company got hosed.
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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.
A person who is not inwardly prepared for the use of violence against him is always weaker than the person committing the violence. - Aleksandr Solzhenitsyn, The Gulag Archipelago
Senior Member
Lol. Williejc called this years ago and everyone ignored him.
Weird stupid gun companies need to understand weird stupid gun owners that like weird stupid guns are poor and won’t drop the kind of loot Hudson was asking for a pistol.
Last edited by Eurodriver; 03-18-19 at 16:50.
Banned
Normally I don't give explanations to people who aren't owed one but I'll make an exception.
The thread was started to pass the word in case anyone here actually owns one of those pistols so they would know they are now effectively shit out of luck for any and all support. They would be wise to preferably unload their now orphaned dog ASAP before too many people wise up, or if they really like it start buying parts guns when others start dumping them.
The "hasta la vista, baby" comment was an allegory of sorts to the effects of Chapter 7 (liquidation) bankruptcy. Unless someone is really dumb to rescue some of the distressed assets, Hudson as a firearms company and as a firearms brand is gone forever.
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