Smart Parts 2.0 Files Bankruptcy

[going_home]

Looks like another patent troll has a case of "what goes around comes around" .

GI Sports files bankruptcy.

https://news.bloomberglaw.com/bankruptcy-law/paintball-empire-enters-canadian-receivership-u-s-bankruptcy

Is anyone sad ?

Personally I switched to ProShar paint a long time ago, got tired of marbles from GI.


:clap:

[dstud2000]

I wonder what that means for a a few of the local fields near me? Most of them use GI Custom Paintball’s.

I won’t be entirely sad, most of the time that stuff would roll through a .679 insert [emoji107]

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[Zone Drifter]

I remember trying to research GI sportz to get a real company profile and they almost don't have a past unless you knew them by being in the sport. The bought up all the low ends and just never sat right with me.

[trbo323]

Do the g brothers have their hands in any other companies?

Did they sell gog?

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[caylegeorge]

I certainly like JT and Empire's stuff - I would hope those brands survive the GI sell off.

[going_home]

Files bankruptcy and now buys Remington Arms ?

He bankrupts a huge paintball company and now he's going to screw up Remington Arms.

https://www.cnyhomepage.com/news/remington-arms-owner-reveals-plans-for-ilion-plant/amp/?fbclid=IwAR1Iaf3w4Hm8JI1WFcQpFcnS0SlPsVT4cwF50ic2 5KmnHa_xtOKImeLeUCM

[vintage]

Remington is already screwed up and has been since they were purchased by the capital investment group 10 plus years ago.

[RogueFactor]

Paintball, as an industry, is a shadow of its former self. And in large part, that was caused by the likes of the Gardners and Italias. There are industries that thrive on a cutthroat business style, and maybe the firearms industry is one of them. Cottage industries like paintball are not, and in the last decade we have gotten to see the results and consequences.

[trbo323]

So do they own anything in paintball besides a bankrupt gi now?

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