Author Topic: Samco Global Files Chapter 7 Bankruptcy  (Read 2342 times)

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Online running-man

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Re: Samco Global Files Chapter 7 Bankruptcy
« Reply #40 on: February 11, 2017, 10:15:40 AM »
Yeah, you'd think so. There's a reason Samco went under though. Their recordkeeping is not what I'd call stellar based on what's turned up.  :-[
      

Online running-man

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Re: Samco Global Files Chapter 7 Bankruptcy
« Reply #41 on: May 23, 2017, 01:34:29 PM »
Saw this noted on SKSBoards.  Long Barrel Yugo S/N 015 is up on Century's website (it's $1999.87 in case you can't login to see the price):
http://www.centuryarms.biz/proddetail.asp?prod=RI2882E-GI&cat=52

As you can see, it was listed as an M59 in Samco's final paperwork:


Pretty good affirmation that CAI did indeed buy the lot at the bankruptcy proceedings.

Wow, $2k is pretty steep!   :o
« Last Edit: August 21, 2017, 07:37:27 PM by running-man »
      

Offline spongemonkey

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Re: Samco Global Files Chapter 7 Bankruptcy
« Reply #42 on: May 23, 2017, 01:47:28 PM »
Yes, CAI did indeed buy Samcos inventory to the best of my knowledge.  I have a friend (Raspootyn) from another forum whose company (namely he and his partner) that were bidding on Samcos inventory but lost out.  He did confirm to me monthes back that CAI was indeed the winner in the bidding for that inventory.
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