 SinistralRifleman
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Posted: 9/16/2011 3:35:38 PM
[Last Edit: 4/5/2012 2:23:30 PM by SinistralRifleman]
Edit: The CAV-15 Mold has been sold to GWACS Armory of Tulsa OK http://www.gwacsarmory.com/
––––––––––––––––––––––––––––––––––––- When Cavalry Arms closed down last year, I took the opportunity to purchase the CAV-15 mold and IP. Unfortunately, the BATFE wasn’t convinced there was a complete separation from the former owners. My association with the old Cavalry Arms prompted the government to want me to fulfill more requirements than a “normal” applicant would have had to do. Even though they have no issue at all with the product (I can provide tech branch approval letter), my completion of their requirements still wouldn’t have guaranteed I would get the FFL. From a financial perspective, it made no sense for me to move forward on this, so I’ve decided to sell the mold and IP rights. After a series of false-starts with several prospective buyers, I have decided to put the CAV-15 mold and Intellectual Property Rights up for sale publicly. Be prepared to invest between $60,000-$150,000 (depending on existing production facilities owned by the buyer) to get the operation up-and-running…but that investment can be earned back within the first or second run of receivers. Please, serious inquiries only. I apologize for not coming out publicly with this sooner, with multiple interested parties I believed it would have been resolved a lot sooner. This is an ideal project for a small company looking to get into the business, or a large company looking to expand their product line. I'm disappointed that I won't be able to run the business myself, with almost 10 years of my life invested in working on the product, but I am motivated to help whoever buys it get it up and running and move the product line forward. Russell Phagan SST-LLC SinistralRifleman@hotmail.com |
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Fat_Boy
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Posted: 9/16/2011 10:57:18 PM
Thanks for the info.
FB |
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Posted: 9/17/2011 12:59:01 AM
Best of luck with this Russell. I know you guys have been through a lot over this.
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viper5243
My name is viper5243, and i have a tok addiction.
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Posted: 9/17/2011 3:37:19 PM
Is the 60-150 including the mold or separate?
Ballpark on the mold? |
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SinistralRifleman
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Posted: 9/17/2011 11:44:36 PM
Originally Posted By viper5243:
Is the 60-150 including the mold or separate? Ballpark on the mold? Including it. The low end assumes the purchaser already has a press and linear vibration welder that would work with it. The high end includes all the equipment + start up expenses. |
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Guido1
NEW FRONTIER ARMORY
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Posted: 9/18/2011 7:28:36 PM
E-mail sent. Any other serious intrest in this project? Might be a good "Team-Up" option.
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viper5243
My name is viper5243, and i have a tok addiction.
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Posted: 9/18/2011 7:31:23 PM
I have been thinking the same thing guido.
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killingmachine123
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Posted: 9/19/2011 12:06:59 AM
Best of luck to you Russel. I would have loved to see you running the show though.
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SevenMaryThree
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Posted: 9/19/2011 12:31:00 AM
What exactly are you looking to do? Are you looking to divest yourself entirely and sell the seeds or would you remain a part of the operation, and if so in what capacity? Is that even feasible given the relationship issues?
I am located in Gilbert. I will sign an NDA. I will listen to your elevator pitch but I want to *see* hard numbers. I'm not as interested in being a gun manufacturer as I am in making money. You can IM me or get my direct line from mjrowley.  |
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Zak-Smith
der brain
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Posted: 9/19/2011 1:50:58 PM
Russell,
Good luck. Wish I had the resources to help. best regards, Zak |
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DVDTracker
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Posted: 9/20/2011 8:48:05 AM
Hope it works out for you and I'd love to see someone continue on with the polymer lowers.
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Posted: 9/23/2011 8:36:54 PM
interested. I'm going to check my resources. although the miracle I am hoping for is unlikely
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Posted: 9/26/2011 8:20:52 PM
[Last Edit: 9/26/2011 8:22:56 PM by jesseingall]
Whoever purchases these molds I'd seriously like to work for you or partner with you in producing these receivers. I wish I had the money to buy them because I love the idea of a polymer receiver.
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StoutOfHeart
Lifer with no chance of parole
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Posted: 10/10/2011 12:25:47 AM
I've been looking for the right opportunity to cross my path. The timing is terrible but I'm still going to look into financing this venture. I sure hope someone else hasn't scooped this up without the thread being updated. I know it's crazy but I have to try to see what I can put together.
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TANGOCHASER
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Posted: 10/13/2011 8:56:40 PM
If someone buys the molds and goes into production, let me know where to send my resume'.
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aklferris
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Posted: 10/18/2011 1:43:14 AM
I hope this gets up and running soon... I could use a black one and an OD one to go w/ my brown one.
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jdubya87
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Posted: 10/18/2011 2:07:16 AM
Originally Posted By TANGOCHASER:
If someone buys the molds and goes into production, let me know where to send my resume money. |
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SinistralRifleman
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Posted: 12/31/2011 6:34:22 PM
The manufacturing equipment on its way to the new owners...
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StoutOfHeart
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Posted: 12/31/2011 7:13:47 PM
Originally Posted By SinistralRifleman:
SOB. :0( If only I had the capital when they were still for sale.
The manufacturing equipment on its way to the new owners... http://i857.photobucket.com/albums/ab131/SinistralRifleman/Moving/1.jpg http://i857.photobucket.com/albums/ab131/SinistralRifleman/Moving/2.jpg http://i857.photobucket.com/albums/ab131/SinistralRifleman/Moving/3.jpg http://i857.photobucket.com/albums/ab131/SinistralRifleman/Moving/4.jpg Best of luck to the new owners, hopefully they'll come out in the open as soon as they're able. |
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wganz
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Posted: 12/31/2011 7:18:00 PM
Originally Posted By jdubya87:
this, I've several people that would love to get one of those lowers.
Originally Posted By TANGOCHASER:
If someone buys the molds and goes into production, let me know where to send my resume money. And I still proudly wear my CavArms Tshirts.  |
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Garryowen
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Posted: 12/31/2011 7:23:20 PM
[Last Edit: 12/31/2011 7:25:05 PM by Garryowen]
Originally Posted By wganz:
I've several people that would love to get one of those lowers. And I still proudly wear my CavArms Tshirts. In stock http://machineguntours.com/store/ |
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Posted: 12/31/2011 7:23:23 PM
Originally Posted By TANGOCHASER:
If someone buys the molds and goes into production, let me know where to send my resume'. +1 I have lots of ideas for product development on these. |
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coyote3
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Posted: 12/31/2011 7:48:04 PM
Originally Posted By TANGOCHASER: If someone buys the molds and goes into production, let me know where to send my resume'. No kiddin'. If they're local, I'm available. |
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Fat_Boy
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Posted: 12/31/2011 10:07:49 PM
When do we find out who bought the goods....
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Posted: 12/31/2011 10:08:27 PM
Originally Posted By Fat_Boy:
When do we find out who bought the goods.... |
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jdubya87
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Posted: 12/31/2011 10:25:51 PM
Originally Posted By Trumpet:
Originally Posted By Fat_Boy:
When do we find out who bought the goods.... This, and I'm still buying a cav arms shirt.  |
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