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Thread: Rumor: SilencerCo going out of business

  1. #1

    Rumor: SilencerCo going out of business

    Quote Originally Posted by Kevin Brittingham on SnipersHide
    They are going out of business. The creditors just removed the top 3 executives, 2 being the largest single share holders. Josh Waldron's brother is on the board and voted to remove him. They began liquidating equipment over a mont ago. If anything survives, it will look like AAC/Remington and Gemtech/ S&W. $40mil in debt, and the sales and technology are trash.
    #RESIST

  2. #2
    Dot Driver Kyle Reese's Avatar
    Join Date
    Feb 2011
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    Central Virginia
    I've got a Saker 556 ASR in NFA jail as we speak. This news is disconcerting.......

  3. #3
    Site Supporter SeriousStudent's Avatar
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    Mar 2012
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    Texas
    I really hope not, I own five of their cans, with two more in jail.

    Sigh.

  4. #4
    It appears Kevin may enjoy bad news with SilencerCo more than many of us with their products.
    Likes pretty much everything in every caliber.

  5. #5
    Site Supporter CCT125US's Avatar
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    Apr 2011
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    Ohio
    Tried searching over there, but couldn't find the thread. Anyone have a link?
    Taking a break from social media.

  6. #6

    Rumor: SilencerCo going out of business

    Damn it! Not as invested as SS but I’ve got 4. This is bad news. I hope and pray this is restructuring and downsizing to survive and not the end; but knowing my luck they’re done. Go freaking figure.
    Last edited by Mike C; 02-18-2018 at 11:12 PM.

  7. #7
    Member
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    Jul 2012
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    South Florida
    I have a feeling they blew a massive load of cash trying to push HPA through and when that failed they were left up the creek without a paddle.


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  8. #8
    Honestly, I’m not surprised. They have been dropping way too much money into shit that doesn’t make money (like their MP5SD Suppressor). Along with that, we have the sub standard mounts the majority of Sakers were originally shipped with (I have fished multiple Sakers out of bullet traps), the Maxim9, and the fact that I have seen more cam locks come loose on Osprey suppressors than I can count. The best products they have made were SWR designs and traditional direct thread.


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  9. #9
    Dangett. I thought buying a sico would be a safer bet for a lifetime of service.

  10. #10
    Member orionz06's Avatar
    Join Date
    Feb 2011
    Location
    Pittsburgh, PA
    The writing has been on the wall and then some pretty much all year.
    Think for yourself. Question authority.

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