Vulkan, bankrupt

[Jaylordofwaargh]

Just seen the filing for Vulcan, they are going under, Driver wood complaining about parts

[Colin Allen]

Baffled.

[GiantKiwi]

Valken filed for bankruptcy I think this was supposed to be, as per this that was posted on IG earlier

Not particularly surprised, as the peddle cheap crap for both airsoft and paintball.

Edited 11 hours ago by GiantKiwi

[Colin Allen]

6 hours ago, GiantKiwi said:

Valken filed for bankruptcy I think this was supposed to be, as per this that was posted on IG earlier

Not particularly surprised, as the peddle cheap crap for both airsoft and paintball.

Thanks; I did wonder if it was a poor attempt at haiku.

Applying for Chapter 11 does give them an opportunity to try to restructure the business and come out of it reasonably intact.

[Tommikka]

56 minutes ago, Colin Allen said:

.

Applying for Chapter 11 does give them an opportunity to try to restructure the business and come out of it reasonably intact.

This could be the case.

 

About 5 years ago GI Sportz did the same thing (and not long after a GV vs Valken legal case)

Filing for chapter 11 bankruptcy in the US as one of the steps along the way to being bought up by an investment fund.

 

Keep your eyes out for any mention of Fulcrum investment and / or an umbrella company Kore Outdoor

 

https://koreoutdoor.com/brands

[hitmanNo2]