Is Agd Going Bankrupt?

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  • Jester of Spectre
    ROLL TIDE!!!!!
    • May 2005
    • 100

    #1

    Is Agd Going Bankrupt?

    i have heard several rumors from dealers down here that have claimed that agd was going out of business and i was curious if there is any truth to this
  • Apple_Pie
    Hmmmm....pie.....
    • Jun 2005
    • 166

    #2
    Well, AGD isnt at the top anymore, but I dont think they are close to out of buisness. Quite a few XValved markers are still being sold. And vavles are really their big income because their is no aftermarket for them. But with no new releases, they are headed toward it. I doubt they will let it get that far.

    Comment

    • 1337caesar
      Da 1337 Machine
      • Apr 2005
      • 238

      #3
      what I have heard so far is that AGD is a small company that is trying to stay in bussinus until smartparts' patent claims can be verified. They do not have the resources to fight them in cort and therefore are coasting along until the time comes when the smartparts patent that killed the production of Emags is defeated by some large company with many resources. They are not going bankrupt but they are not activly marketing their products until such time as they feel they can do so without legal problems.
      However airgun is still a major contributor to the rec ball market with their supirior mechanicle markers.

      Comment

      • rx2
        DBAF
        • Mar 2002
        • 496

        #4
        I thought that company went out of business years ago...

        Dealers say a lot of things. I have been hearing every year for the past five years that AGD is going out of business. I suppose that one day it will come true, and then they will say "see, I told you so." In the meantime, though, I wouldn't worry too much.
        "My Jell-O is dying in the audience..."
        Merrill Howard Kalin

        Comment

        • onedude36
          Registered User
          • Feb 2005
          • 943

          #5
          Its been said for years now. hasn't happend yet. It's like the apocolypse.
          "Don't stoned i'm shoot" -someoneiforget

          Comment

          • Kevmaster
            Owners Group Div: Director
            • Oct 2001
            • 5475

            #6
            AGD is going nowhere. it will be here in 20 more years.

            its doing just fine.

            Comment

            • MadPSIence
              Innovation 101
              • Mar 2005
              • 969

              #7
              I'm just wondering what resource they have to pay their staff anymore.....

              Comment

              • peewee
                AGD,ICD,CCM & CCI (Gunho!)
                • Mar 2004
                • 1400

                #8
                I believe that they still have that Leprechaun locked up in the basement, he is the true driving force monetarily & he provides the "magic" that makes the mag work....... If AGD was to go under they would be straight up with everyone & announce it. Bankruptcies are public record so if they had filed it would be fairly easy to find.
                :hail: AGD :hail: CCI :hail:

                Comment

                • TMAXXKING1
                  ROGUE HAS THE GOOD STUFF
                  • Aug 2004
                  • 1325

                  #9
                  Wow

                  WOW ...

                  let's see nothing from agd has really changed

                  so then the cost to make product wouldnt go up too much

                  besides the cost of material

                  no need for R&D one big cost gone

                  Tom own's the right's to the valve so no out of pocket on that ..

                  seem's to me there isnt any middle man digging in Tom's pocket's


                  so it would be down to the cost of material's
                  anno
                  and labor for the people at agd aka in house to build a marker put it in a box and ship it out ..



                  so my guess is tom just got tired of the B.S in the paintball world

                  and beside's he's kinda old ...





                  i dont see agd going any where for a long time


                  UNLESS

                  Tuna, Rogue,Colin,Classicmagger,GA devil , Coolhand and even luke with the stuff they all make and sell call it quit's

                  AGD WILL BE AROUND FOR A LONG TIME

                  I HOPE THEY TAKE GOOD CARE OF THERE WORK HORSE'S

                  outside of AO the mag seem's to be dead to most of the world...

                  also who give's a flying gerbal turd what people have to say about a company ..

                  all shop's are dead right now

                  lil kiddie's going back to school

                  college kid's would rather have beer money .. then play paintball

                  just my thought's
                  My Automags.org Feedback

                  www.themagsmith.com


                  Comment

                  • LONEWOLFOO1
                    Registered User
                    • Sep 2003
                    • 269

                    #10
                    it seems that they are doing well in the scenario market people are going crazy over the tac one. espcially with the langbow crossbow kit. i have more fun playing in the woods and much cheaper!!!!
                    BACK IN THE GAME.

                    Comment

                    • warbeak2099
                      That is my foot!
                      • Jan 2004
                      • 4447

                      #11
                      AGD is being sustained by the rec and scenaio markets. Just because they've left the tourny scene doesn't mean they are going out of business. People don't seem to realize that there are other markets than tourny ball.
                      My Feedback

                      Comment

                      • Cow hunter
                        300fps=204.54mph
                        • Aug 2005
                        • 1521

                        #12
                        look at all the companies that use AGD as the base gun..... like the new logic grip and the devilmag...... this might b a good sign cuz companies sell the whole gun fer just a bit more.......

                        Comment

                        • Muzikman
                          Everything AGD
                          • Dec 2000
                          • 6229

                          #13
                          AGD will survive. They have reduced their staff. They have started to clear out old stock that has already been paid for, so anything they sell is revenue.

                          People have to remember that just because fields don't carry guns or parts doesn't mean they can't survive. AGD has always been a small company and they had to start thinking like a small company. But just because a company is small does not mean it can't survive or that it can not make a good product. In the paintball world, take a look at Palmer Pursuit Shop. Small company, been around for years, besides some cocker front ends, they do not make a product that you can find parts for at the local field and they are doing just fine.

                          Comment

                          • LONEWOLFOO1
                            Registered User
                            • Sep 2003
                            • 269

                            #14
                            Originally posted by warbeak2099
                            AGD is being sustained by the rec and scenaio markets. Just because they've left the tourny scene doesn't mean they are going out of business. People don't seem to realize that there are other markets than tourny ball.
                            agreed tourny is not the only thing out there look at tippmans you think those guys are loseing money?
                            BACK IN THE GAME.

                            Comment

                            • Jester of Spectre
                              ROLL TIDE!!!!!
                              • May 2005
                              • 100

                              #15
                              Originally posted by LONEWOLFOO1
                              agreed tourny is not the only thing out there look at tippmans you think those guys are loseing money?
                              tippman has walmart lol agd does not actually unless you have seen a mag you prolly have never really heard of them thats the diff in tippman and agd dont take this the wrong way i have always been a mag fan i have shot them for years and i know personally they are great markers i was just wondering what the deal was with the company cause the last thing i want to see is them go out of business

                              Comment

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