Major manufacturer/distributor closes today. Guesses anyone?

[tasker89]

http://www.paintballx3.com/general/major-manufacturerdistributor-closes-its-doors-today.html

This is being talked about on MCB and PBN...figured I'd link it here also.

[MANN]

Rumor has it that it is AGD.

[Shirow]

I really hope not......

[Wrathbringer]

I wouldn't count on it, I don't think anyone would describe as AGD as one of the largest companies in paintball anymore.

I'm still leaning towards SP since there was a rumour that they were millions in debt. We shall find out soon though...

[xero28]

Rumor has it that it is AGD.

I assume you're kidding with that. If not (and nothing against AGD as we all love them), the article says it is one of the largest manufacturers.

[MANN]

I wouldn't count on it,.

I really just wanted to be the first to say it.

my money is on wdp

I dont think it is JT, kee, tippmann, sp

I thought at first it would be JT, but I can see their new co2 tank becoming very popular and keeping them afloat.

[insixdays777]

http://www.pbgossip.com/

ITS SMARTPARTS!

[MANN]

smartparts is laying off some people, but is not closing its doors. This info is from a person that works in corporate at Smart parts. I just got off the phone with him ~ 15 min ago.

[bulzeye]

i heard it's smart parts as well.

[Sumthinwicked]

meh we can only hope LOL

[MANN]

meh we can only hope LOL

How would it benefit us?

[fishmishin]

I wouldn't believe it until I see the Official Press Release, but if there is a God !! It maybe one of my BEST DAYS EVER !!

It is funny how karma goes around huh?

On a side note though, I do hate to see it for the employee's of the company. As I was laid off last year I know how bad it will suck for them. The job market sucks right now, and I hope for whatever company it is their employee's find new jobs soon.

Oh and hey Tom start searching for that major capitol, it's time to come home !!

By the way I have someone checking on this, so I may know something soon as to whether or not it really is true

[tasker89]

FWIW ... I know that SP shifted many long standing (and large) customers from net terms to COD starting about 6 months ago. Never a good sign...

It will be interesting if it is SP and the company goes (or has gone) into bankruptcy. It will create some drama with creditors and ownership of the patents.

[bulzeye]

I wouldn't believe until I see the Official Press Release, but if there is a God !! It maybe one of my BEST DAYS EVER !!

It is funny how karma goes around huh?

On a side note though, I do hate to see it for the employee's of the company. As I was laid off last year I know how bad it will suck for them. The job market sucks right now, and I hope for whatever company it is their employee's find new jobs soon.

Oh and hey Tom start searching for that major capitol, it's time to come home !!

By the way I have someone checking on this, so I may know something soon as to whether or not it really is true

i called a friend of mine and he made a couple calls and was told it was SP as well

[MANN]

i called a friend of mine and he made a couple calls and was told it was SP as well

What exactly did they say? shut down going out of buisness? or laying off employees.