Samco Global Files Chapter 7 Bankruptcy

Started by Phosphorus32, December 13, 2015, 11:23:31 PM

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running-man

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.  :-[
      

running-man

#41
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
      

spongemonkey

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.