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Posted: 12/21/2011 12:05:06 PM EDT
[#1]
Yeah that kinda shit happens when you sell your companys soul to the conglomerates. That sucks
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Posted: 12/21/2011 12:19:49 PM EDT
[#2]
This should be interesting.
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Posted: 12/21/2011 12:41:00 PM EDT
[#3]
Couldn't have happen to a nicer guy.
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Posted: 12/21/2011 12:56:46 PM EDT
[#4]
It's correct that he is no longer employed by AAC.
Kel |
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Posted: 12/21/2011 1:01:32 PM EDT
[#5]
Quoted:
Couldn't have happen to a nicer guy. |
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Posted: 12/21/2011 1:18:16 PM EDT
[#6]
I don't know Kevin at all, but reading this interview is very insightful: Interview
Seems like a very casual, intelligent guy that would have trouble with a large corporation overseeing and micromanaging what he and AAC do. You can tell that he cared for his employees. |
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Posted: 12/21/2011 1:47:00 PM EDT
[#7]
Quoted:
It's correct that he is no longer employed by AAC. Kel You said employed by AAC so spill it where is he going? I'm betting something brand new or SilencerCo |
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Posted: 12/21/2011 1:51:45 PM EDT
[#8]
The writing was on the wall when they fired Cara.
$40m will ease the blow. |
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Posted: 12/21/2011 2:13:41 PM EDT
[#9]
Should I get in on the first page?
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Posted: 12/21/2011 2:15:32 PM EDT
[#10]
Quoted:
The writing was on the wall when they fired Cara. $40m will ease the blow. Isn't Cara his wife? Your wife getting fired from what used to be your company would poison the business arrangement pretty quickly. Of course nearly every single time I've seen someone sell their company and stay on as a CEO/employee it ends badly for them. I say if your going to sell it, sell it and walk away, but if you want to keep it just keep it. No matter the reasons, staying on almost always seems to be a bad idea. |
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Posted: 12/21/2011 2:16:59 PM EDT
[#11]
Quoted:
$40m will ease the blow. Unless part of that is a performance bonus. |
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Posted: 12/21/2011 2:33:06 PM EDT
[#12]
Quoted: Should I get in on the first page?  |
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Posted: 12/21/2011 2:33:39 PM EDT
[#13]
Quoted: Quoted: The writing was on the wall when they fired Cara. $40m will ease the blow. Isn't Cara his wife? Your wife getting fired from what used to be your company would poison the business arrangement pretty quickly. Of course nearly every single time I've seen someone sell their company and stay on as a CEO/employee it ends badly for them. I say if your going to sell it, sell it and walk away, but if you want to keep it just keep it. No matter the reasons, staying on almost always seems to be a bad idea. Yes, I heard it from a reliable source but did not confirm it. |
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Posted: 12/21/2011 2:34:34 PM EDT
[#14]
Quoted: Quoted: $40m will ease the blow. Unless part of that is a performance bonus. I was referring to the rumored $40M Freedom Paid for AAC. |
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Posted: 12/21/2011 2:37:30 PM EDT
[#15]
Quoted:
Quoted:
Quoted:
$40m will ease the blow. Unless part of that is a performance bonus. I was referring to the rumored $40M Freedom Paid for AAC. Sell company > open another one > double profit Granted he doesn't have a timed non compete. Either way, I doubt he's broke. |
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Posted: 12/21/2011 2:53:08 PM EDT
[#16]
Lets see
Freedom Group way overpaid for AAC Profits are probably no where near where they need to be for a 40m buyout Stockholders probably pissed about bad buyout and out for blood Freedom sick of paying more money to company CEO, who haas no motivation because he has 40 M in bank just an opinion 
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Posted: 12/21/2011 2:55:01 PM EDT
[#17]
Quoted:
I don't know Kevin at all, but reading this interview is very insightful: Interview Seems like a very casual, intelligent guy that would have trouble with a large corporation overseeing and micromanaging what he and AAC do. You can tell that he cared for his employees. Very interesting interview. Surprisingly candid. |
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Posted: 12/21/2011 3:14:35 PM EDT
[#18]
Quoted:
Freedom Group way overpaid for AAC How so? Quoted:Profits are probably no where near where they need to be for a 40m buyout
I've seen somewhere that AAC was the major profitable branch of freedom group . . . I don't know what their projected profits were but I have heard/read many times that AAC brought in better profitability than any other company in the freedom group umbrella. |
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Posted: 12/21/2011 3:25:24 PM EDT
[#19]
Quoted:
Quoted:
Freedom Group way overpaid for AAC How so? Quoted:Profits are probably no where near where they need to be for a 40m buyout
I've seen somewhere that AAC was the major profitable branch of freedom group . . . I don't know what their projected profits were but I have heard/read many times that AAC brought in better profitability than any other company in the freedom group umbrella. Opinion, I would say that if I paid 40M for a company I would need to see about 20% flow back to the bottom line yearly, so thats 8 Million in profits a year. The standard formula when a company is bought out(manufacturing as I know it) is roughly 7 times yearly profit. So for Freedom group to pay that amount for AAC, AAC would have to of been making 6 million a year at the time of the buyout in profit not sales. I don't see a silencer company making that kind of profit. Let me state this is only opinion and doesn't mean squat
I also own 3 or 4 AAC cans if that makes anyone feel better. |
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Posted: 12/21/2011 4:43:46 PM EDT
[#20]
I have thought that ( Freedom Group, Cerebus, George Soros ) bought all of these arms and ammo companies with something other than profit on there mind. This Freedom Group has nothing on it mind about Freedom of 2nd Amendment Rights.
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Posted: 12/21/2011 4:48:36 PM EDT
[#21]
Having read the interview, this doesn't surprise me. Big corporations don't like people who resist micromanaging. He was mistaken when he thought they were somehow different.
If you ever deal with a corporation, you have to go in looking to use them for all that they are worth and assume that they are going to take everything from you that they can. It's just how the corporate world is. It's evil, really, because they refuse to constrain themselves within the realm of any sort of morality, looking at whatever makes the most money as the only guideline. Capitalism without any guiding moral principals is destructive and this to me is just more evidence of it. |
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Posted: 12/21/2011 4:59:10 PM EDT
[#22]
Quoted:
Capitalism without any guiding moral principals is destructive and this to me is just more evidence of it. Your free to not purchase any of those products then. Without money coming in, those evil capitalists will go out of biz. The truth is none of us know why he was escorted out. |
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Posted: 12/21/2011 5:15:07 PM EDT
[#23]
Quoted:
I have thought that ( Freedom Group, Cerebus, George Soros ) bought all of these arms and ammo companies with something other than profit on there mind. This Freedom Group has nothing on it mind about Freedom of 2nd Amendment Rights. You believe every email (or thing you read) you get don't you... 
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Posted: 12/21/2011 5:23:31 PM EDT
[#24]
No, I sort thu them!
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Posted: 12/21/2011 5:38:25 PM EDT
[#25]
Quoted:
Quoted:
Quoted:
Freedom Group way overpaid for AAC How so? Quoted:Profits are probably no where near where they need to be for a 40m buyout
I've seen somewhere that AAC was the major profitable branch of freedom group . . . I don't know what their projected profits were but I have heard/read many times that AAC brought in better profitability than any other company in the freedom group umbrella. Opinion, I would say that if I paid 40M for a company I would need to see about 20% flow back to the bottom line yearly, so thats 8 Million in profits a year. The standard formula when a company is bought out(manufacturing as I know it) is roughly 7 times yearly profit. So for Freedom group to pay that amount for AAC, AAC would have to of been making 6 million a year at the time of the buyout in profit not sales. I don't see a silencer company making that kind of profit. Let me state this is only opinion and doesn't mean squat
I also own 3 or 4 AAC cans if that makes anyone feel better. You beer math, I see it. 
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Posted: 12/21/2011 5:43:29 PM EDT
[#26]
Quoted:
I have thought that ( Freedom Group, Cerebus, George Soros ) bought all of these arms and ammo companies with something other than profit on there mind. This Freedom Group has nothing on it mind about Freedom of 2nd Amendment Rights. WTF are you taking about???? Soros does not own Freedom Group. |
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Posted: 12/21/2011 6:07:28 PM EDT
[#27]
Oh well, better cans out there anyway.
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Posted: 12/21/2011 6:23:20 PM EDT
[#28]
I read an interview from Kevin back from a few months ago. He sounds like he has an 8th grade education. How the hell did he get 40m?
I fucking hate how hard i work. |
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Posted: 12/21/2011 6:51:47 PM EDT
[#29]
There are way better cans out there for the money, besides what went on here with aac 'and other places' pretty much makes me think they are a bunch of douche nozzles. Mabye silvers will be next to be escorted off the premises.
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Posted: 12/21/2011 6:58:33 PM EDT
[#30]
I always thought it was 4 million not 40.
Jk |
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Posted: 12/21/2011 7:07:20 PM EDT
[#31]
Well, alrighty.
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Posted: 12/21/2011 7:16:03 PM EDT
[#32]
Quoted:
There are way better cans out there for the money, besides what went on here with aac 'and other places' pretty much makes me think they are a bunch of douche nozzles. Mabye silvers will be next to be escorted off the premises. Now there goes two words that go well together, Silvers and Douche. |
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Posted: 12/21/2011 7:20:12 PM EDT
[#33]
Quoted: I always thought it was 4 million not 40. Jk This is where the number comes from http://www.defensereview.com/rumor-mill-did-freedom-groupcerberus-just-acquire-silencersound-suppressor-company-advanced-armament-corp-aac-for-40-million/ |
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Posted: 12/21/2011 7:20:36 PM EDT
[#34]
Classic. The AAC haters come out to play while everything is just in the rumor stage. You guys are pathetic. In a pathetic way. Just thought I'd throw that out there for you.
So anyway...wonder what Kevin will do now? Should be interesting. He's grown a beard...maybe he's gonna take Costa's place at Magpul Dynamics? 
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Posted: 12/21/2011 7:26:08 PM EDT
[#35]
Why all the AAC hate? I own a few of there suppressors and they seem to work well.
Is it customer service issues or something? |
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Posted: 12/21/2011 7:49:47 PM EDT
[#36]
Quoted:
Why all the AAC hate? I own a few of there suppressors and they seem to work well. Is it customer service issues or something? Google ian187 and aac |
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Posted: 12/21/2011 8:31:27 PM EDT
[#37]
Ian wasn't guilt free in that silly tiff.
Neither was kb. I figured something was up. It's amazing he lasted this long. The companies cultures are too different. |
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Posted: 12/21/2011 8:54:24 PM EDT
[#38]
Quoted:
Ian wasn't guilt free in that silly tiff. Neither was kb. I figured something was up. It's amazing he lasted this long. The companies cultures are too different. Did you ? How so ? |
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Posted: 12/21/2011 9:20:00 PM EDT
[#39]
I did hear they were comming out with a new item.
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Posted: 12/22/2011 4:27:08 AM EDT
[#40]
nice little nugget from the interview...: ...Cerberus has committed lots of lobbying dollars to us to try and get things changed. Our goals right now are not the deregulation of silencers, which is pretty much what makes sense (however it’s probably better for our company actually that they’re regulated, it keeps a lot of competition out and keeps the price high). A silencer is classified as a firearm by ATF, and there’s a category called “any other weapon [AOW]” and that’s where silencers should be.
i hope i'm misreading that somehow. |
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Posted: 12/22/2011 4:46:43 AM EDT
[#41]
Quoted:
Quoted:
I figured something was up. It's amazing he lasted this long. The companies cultures are too different. Did you ? How so ? Because like some other folks he is privy to some "inside" kind of knowledge and knew that Kevin and the Rem suits butted heads about certain things. The comment about the cultures being too different nailed it. Nothing more, nothing less. Mark |
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Posted: 12/22/2011 5:02:35 AM EDT
[#42]
Quoted:
nice little nugget from the interview...: ...Cerberus has committed lots of lobbying dollars to us to try and get things changed. Our goals right now are not the deregulation of silencers, which is pretty much what makes sense (however it’s probably better for our company actually that they’re regulated, it keeps a lot of competition out and keeps the price high). A silencer is classified as a firearm by ATF, and there’s a category called “any other weapon [AOW]” and that’s where silencers should be.
i hope i'm misreading that somehow. You're not. Just trying to get the tax stamp changed from $200 to $5 so they can keep competition out but make more in sales. What a douche. |
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Posted: 12/22/2011 5:16:03 AM EDT
[#43]
Quoted:
Quoted:
Quoted:
I figured something was up. It's amazing he lasted this long. The companies cultures are too different. Did you ? How so ? Because like some other folks he is privy to some "inside" kind of knowledge and knew that Kevin and the Rem suits butted heads about certain things. The comment about the cultures being too different nailed it. Nothing more, nothing less. Mark Meh, don't have to be an insider or soothsayer to guess to that conclusion. |
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Posted: 12/22/2011 5:29:08 AM EDT
[#44]
Quoted:
Quoted:
nice little nugget from the interview...: ...Cerberus has committed lots of lobbying dollars to us to try and get things changed. Our goals right now are not the deregulation of silencers, which is pretty much what makes sense (however it’s probably better for our company actually that they’re regulated, it keeps a lot of competition out and keeps the price high). A silencer is classified as a firearm by ATF, and there’s a category called “any other weapon [AOW]” and that’s where silencers should be.
i hope i'm misreading that somehow. You're not. Just trying to get the tax stamp changed from $200 to $5 so they can keep competition out but make more in sales. What a douche. It's actually a surprisingly candid comment. But it doesn't make him a douche, just honest. |
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Posted: 12/22/2011 5:41:13 AM EDT
[#45]
Quoted:
Quoted:
Quoted:
nice little nugget from the interview...: ...Cerberus has committed lots of lobbying dollars to us to try and get things changed. Our goals right now are not the deregulation of silencers, which is pretty much what makes sense (however it’s probably better for our company actually that they’re regulated, it keeps a lot of competition out and keeps the price high). A silencer is classified as a firearm by ATF, and there’s a category called “any other weapon [AOW]” and that’s where silencers should be.
i hope i'm misreading that somehow. You're not. Just trying to get the tax stamp changed from $200 to $5 so they can keep competition out but make more in sales. What a douche. It's actually a surprisingly candid comment. But it doesn't make him a douche, just honest. "Our goals right now are not the deregulation of silencers, which is pretty much what makes sense " Yes it is honest. But as one of the leading suppressor manufacturers with military contracts (specifically with FN who provide the military with SCARs), openly admitting that the deregulation of silencers is not their goal comes off as a little douche-bag-ish. Whether or not they ultimately would like the complete deregulation or not, everyone would be singing a different tune if Glock's HMFIC said "Our goals right now are not the allowance of concealed carry by civilians because we might lose a good share of the market to people that make smaller weapons..." 
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Posted: 12/22/2011 5:54:56 AM EDT
[#46]
Based on that interview, AAC will be a better company with him gone. And if they're not, plenty of others will continue on in their place.
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Posted: 12/22/2011 6:13:08 AM EDT
[#47]
Interesting.
Going from small company to being owned by a much larger one is never fun. I would have a hard time with it myself. |
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Posted: 12/22/2011 6:14:41 AM EDT
[#48]
Quoted:
Yeah that kinda shit happens when you sell your companys soul to the conglomerates. That sucks This. |
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Posted: 12/22/2011 6:17:32 AM EDT
[#49]
Quoted:
I have thought that ( Freedom Group, Cerebus, George Soros ) bought all of these arms and ammo companies with something other than profit on there mind. This Freedom Group has nothing on it mind about Freedom of 2nd Amendment Rights.
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Posted: 12/22/2011 6:19:08 AM EDT
[#50]
Quoted:
I read an interview from Kevin back from a few months ago. He sounds like he has an 8th grade education. How the hell did he get 40m? I fucking hate how hard i work.
Kevin is an outstanding, creative person. Here's a clue: work "smarter not harder."
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