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Posted: 10/5/2020 3:52:25 PM EDT
[#1]
I can't imagine a company would buy a brand and then, as their first act as new owner, royally screw existing customers by not taking care of repairs.
Give it a few weeks. Laweyers gotta do lawyer stuff. It takes a little time to get everyone re-hired, etc., at least that's how it goes with normal companies. With ATF, FFL, SOT, etc., it might take a bit. |
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Posted: 10/5/2020 4:28:01 PM EDT
[#2]
Good luck, that sucks, and keep us posted.
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Posted: 10/5/2020 4:45:28 PM EDT
[#3]
I’d contact local ATF office. Explain the situation.
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Posted: 10/5/2020 4:56:30 PM EDT
[#4]
Pretty sure when FFLs go out of business and have NFA items pending the ATF steps in to make sure the transaction is completed. Happened a couple times in the last few years with smaller dealers doing NFA transfers locally.
I cant imagine the ATF is just going to allow NFA items owned by non licensee's that were sent in for repairs to a licensed manufacturer who's going out of business or in this case, restructuring, to just vanish into the off the books , untaxed, black market. I dont think much of the ATF, but I also dont think their goal is too allow controlled, taxed, regulated items to disappear. |
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Posted: 10/5/2020 4:56:50 PM EDT
[#5]
Quote HistoryQuoted: I’d contact local ATF office. Explain the situation. I think I would give the company a few weeks to figure out where things are before going that route. Likely the OP was talking to one of the workers that will be furloughed thus really couldn't give two shits about the OP's parts. Hard to imagine the first act by the new owners would be to get in trouble with the ATF by loosing a bunch of NFA regulated parts. |
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Posted: 10/5/2020 5:05:04 PM EDT
[#6]
It’s most likely to be destroyed and a letter sent to the OP.
JJE bought the name. Not the facility. Not the tools. Not the parts. Not the employees. Literally. The name and IP. But what do I know. You guys are probably right. Sunshine and rainbows. OP- get in front of this ASAP. |
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Posted: 10/5/2020 5:13:32 PM EDT
[#7]
Sub'd for later updates.
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Posted: 10/5/2020 5:46:00 PM EDT
[#8]
Quote HistoryQuoted: It’s most likely to be destroyed and a letter sent to the OP. JJE bought the name. Not the facility. Not the tools. Not the parts. Not the employees. Literally. The name and IP. But what do I know. You guys are probably right. Sunshine and rainbows. OP- get in front of this ASAP. QFMFT. |
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Posted: 10/5/2020 6:08:43 PM EDT
[#9]
I’d send a PM to @PalmettoStateArmory and see if Josiah can figure out a plan.
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Posted: 10/5/2020 6:54:51 PM EDT
[#10]
I need to do the same with one of mine
 Gonna convert it instead. Just sucks when you spend so much on mounts that ruin the can. I wish I could change that latch out myself. |
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Posted: 10/5/2020 7:06:47 PM EDT
[#11]
AAC/Remington lost one of my cans. My local shop sent it in for repair (without a RMA#!!) and AAC/Remington claims they can't find it anywhere. This has been going on for 2 years. While my local shop made it right on their end for their part in this, the can (a TiRant9) is gone and I can't track it down.
I feel for ya. |
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Posted: 10/5/2020 7:12:52 PM EDT
[#12]
Are you sure they didn't buy the buildings, inventory, and equipment? I don't see the name being that great of a purchase.
Just wondering how you know the details as I haven't heard that they only bought the name, and I would think PSA/JJE would want the factory as they are heavily invested in making products and not just reselling |
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Posted: 10/5/2020 7:16:14 PM EDT
[#13]
Quote HistoryQuoted: I’d send a PM to @PalmettoStateArmory and see if Josiah can figure out a plan. I’d go this route AND the ATF route at the same time Josiah is the place to start on PSA’s end; he wasn’t the problem solver for me but got me in touch with a guy who had enough juice to solve said issue. That’s how I got a new Mini 4 for literally $50. |
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Posted: 10/5/2020 8:29:02 PM EDT
[#14]
Quote HistoryQuoted: Are you sure they didn't buy the buildings, inventory, and equipment? I don't see the name being that great of a purchase. Just wondering how you know the details as I haven't heard that they only bought the name, and I would think PSA/JJE would want the factory as they are heavily invested in making products and not just reselling
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Posted: 10/5/2020 8:35:47 PM EDT
[#15]
Quote HistoryQuoted: I’d contact local ATF office. Explain the situation. |
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Posted: 10/5/2020 8:38:59 PM EDT
[#16]
If the fine folks at PSA are willing to intercede on your behalf and will take responsibility for getting your can taken care of great, roll the dice. My opinion is that you do not want to play around or even give it a couple weeks. That’s how you convert your metal gun muffler +$200 tithe to the crown into a paper destruction letter.
Personally I would call the local ATF office and let them know that AAC seems to have lost track of your can and that you would very much like it back. Pretty sure they won’t think the employee’s response is funny. |
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Posted: 10/5/2020 8:44:50 PM EDT
[#17]
Same story with my Blastout, have RMA and contacted them for an update but no reply. Sucks that yours is a suppressor.
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Posted: 10/5/2020 8:48:38 PM EDT
[#18]
Getting the ATF involved like yesterday is probably going to be the best bet of saving your silencer. Good luck.
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Posted: 10/5/2020 8:56:16 PM EDT
[#19]
Quote HistoryQuoted:
Thanks. |
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Posted: 10/5/2020 9:29:31 PM EDT
[#20]
Why isn’t the PSA purchase on here?
You can see the inventories some companies like Century are buying. https://gununiversity.com/wp-content/uploads/2020/09/Remington-Arms-Sale-Agreement.pdf ETA the buildings in Huntsville went to one of the companies in the purchase agreements, I forget which. I got to about page 1187 then my browser locked up. |
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Posted: 10/5/2020 9:31:16 PM EDT
[#21]
Quote HistoryQuoted: Are you sure they didn't buy the buildings, inventory, and equipment? I don't see the name being that great of a purchase. Just wondering how you know the details as I haven't heard that they only bought the name, and I would think PSA/JJE would want the factory as they are heavily invested in making products and not just reselling Yes. I am. What experience do you have in the industry or purchasing foreclosed companies and/ or their assets? |
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Posted: 10/5/2020 9:34:07 PM EDT
[#22]
Damn guys. Not the responses I was hoping for.
A good customer of mine, who happens to be in Alabama is close friends and in a hunting club with an ATF agent there. May see if he can steer me in the right direction. |
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Posted: 10/6/2020 7:28:47 AM EDT
[#23]
Quote HistoryQuoted: Damn guys. Not the responses I was hoping for. A good customer of mine, who happens to be in Alabama is close friends and in a hunting club with an ATF agent there. May see if he can steer me in the right direction. Call the ATF. Get the can back into your possession. Try again once the dust settles, or send off to a third party to get rid of AAC’s attachment system. |
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Posted: 10/6/2020 10:19:49 AM EDT
[#24]
JJE Capital, the parent company of PSA bought the intellectual property and names relating to AAC. We did not purchase any buildings or physical property. We would not be able to help in locating anything since we have no rights to the physical property.
Thank you, Josiah |
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Posted: 10/6/2020 10:30:02 AM EDT
[#25]
Quote HistoryQuoted: JJE Capital, the parent company of PSA bought the intellectual property and names relating to AAC. We did not purchase any buildings or physical property. We would not be able to help in locating anything since we have no rights to the physical property. Thank you, Josiah Thanks for chiming in Josiah. That is what several of us thought, but it is nice to have confirmation. Take Care |
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Posted: 10/6/2020 10:49:37 AM EDT
[#26]
Quote HistoryQuoted: I think I would give the company a few weeks to figure out where things are before going that route. Look, the lone voice of an adult man. |
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Posted: 10/6/2020 10:51:27 AM EDT
[#27]
Quote HistoryQuoted: Look, the lone voice of an adult man.  Sure bud. Tell us- which company exactly do you think will take care of the OP here? PSA already chimed in saying that they have no access or rights to any physical property. So who is now responsible for this guy's can? Because it is not "AAC". |
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Posted: 10/6/2020 11:02:50 AM EDT
[#28]
Well it's confirmed....nobody is responsible for my NFA item sitting in a building in Huntsville, AL.
I'm curious why a company would have only bought the intellectual property from AAC...a brand that has been falling short for the past couple years. |
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Posted: 10/6/2020 11:04:16 AM EDT
[#29]
OP, I really hope you got the ATF involved.
Waiting will do nothing for you, and as others have stated, you'll likely get a letter that your can was destroyed if you wait longer. And good luck with any recourse in recouping anything cost wise from them - they're a bankrupt company. |
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Posted: 10/6/2020 11:11:38 AM EDT
[#30]
Quote HistoryQuoted: Well it's confirmed....nobody is responsible for my NFA item sitting in a building in Huntsville, AL. I'm curious why a company would have only bought the intellectual property from AAC...a brand that has been falling short for the past couple years.  Riddle me this, Why buy all of what's holding a company down, when you can just buy the IP and Name and redo everything that was holding the company down? IP / Name is an intelligent way to completely redo a company over from scratch without all of its liabilities. Here's what happens next for those not hip with bankruptcy sales: The IP and Name were sold. Next up the company's assets get liquidated by being sold or auctioned off. Anything not sold gets destroyed. |
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Posted: 10/6/2020 11:14:56 AM EDT
[#31]
Don’t panic.
The new owner has to get running. They will assume inventory and sort it...give it a month. |
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Posted: 10/6/2020 11:33:46 AM EDT
[#32]
ATF is probably more than well aware of the situation that Remington and the other subsidiaries are going through right now. If you called them I bet they would tell you to be patient with the process, as you've been told by the company and other posters here already.
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Posted: 10/6/2020 11:45:35 AM EDT
[#33]
Quote HistoryQuoted: Why isn’t the PSA purchase on here? PSA is owned by JJE, which is: JJE Capital Holdings, LLC as the Successful Bidder with respect to the DPMS, H&R, Stormlake, AAC, and Parker brand |
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Posted: 10/6/2020 11:48:55 AM EDT
[#34]
Quote HistoryQuoted: ATF is probably more than well aware of the situation that Remington and the other subsidiaries are going through right now. If you called them I bet they would tell you to be patient with the process, as you've been told by the company and other posters here already. There is nothing to be lost by calling everybody you can possibly call to get ahead of the situation, instead of waiting for a month and finding out you should have called a month before. So PSA has already said they can't help, call ATF and Roundhill and whoever else might have any chance of helping. |
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Posted: 10/6/2020 11:49:58 AM EDT
[#35]
OP. I have to say I would strongly encourage you to get out ahead of this and make sure they find and return your property!
Remember when the guy who worked at DPMS before, during, and after the Remington buyout explained their corporate culture? He said they came in and scrapped dumpsters full of parts just because they didn't want to take the time to package and inventory them! This is exactly what I'm afraid they will do with your silencer! I went through this same thing when Schrade Old Timer knives moved production to China. I sent in a knife for warranty work and it just disappeared when it got to the now shuttered factory. I later found out they had moved operations overseas and that was the end of my knife. I really think they just took all warranty return items and threw them in the scrap pile! Since its a new company the old stuff isn't their problem! |
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Posted: 10/6/2020 11:51:48 AM EDT
[#36]
Get it back. Send it to Ecco Machine for an SiCo Omega pattern adapter conversion. Done.
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Posted: 10/6/2020 11:52:18 AM EDT
[#37]
Quote HistoryQuoted: Well it's confirmed....nobody is responsible for my NFA item sitting in a building in Huntsville, AL. I'm curious why a company would have only bought the intellectual property from AAC...a brand that has been falling short for the past couple years. Rebuilding a name brand is easier then starting a new one from scratch. |
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Posted: 10/6/2020 11:53:50 AM EDT
[#38]
OP, if you know the address, maybe take drive up there?
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Posted: 10/6/2020 11:55:21 AM EDT
[#39]
Great....they have my TiRant 9 with (apparently unobtainium these days) AAC tri lug mount. Went in for baffle repair.
I’m kinda pissed but not as much as I would be if shooting was a feasible hobby these days.... |
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Posted: 10/6/2020 12:56:16 PM EDT
[#40]
I'm just trying to grasp this.
You guys are saying it's (common) practice, in a situation like this, for an organization to destroy a persons property which is in their possession at the time? Lost during the transition or restructuring, unfortunate, but I can see that happening. But to just start cutting up NFA items? |
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Posted: 10/6/2020 1:53:10 PM EDT
[#41]
Quote HistoryQuoted: I'm just trying to grasp this. You guys are saying it's (common) practice, in a situation like this, for an organization to destroy a persons property which is in their possession at the time? Lost during the transition or restructuring, unfortunate, but I can see that happening. But to just start cutting up NFA items? |
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Posted: 10/6/2020 1:56:23 PM EDT
[#42]
Quote HistoryQuoted: I'm just trying to grasp this. You guys are saying it's (common) practice, in a situation like this, for an organization to destroy a persons property which is in their possession at the time? Lost during the transition or restructuring, unfortunate, but I can see that happening. But to just start cutting up NFA items? The company that bought Remington (with all associated durable goods/ property except Marlin and the ammo division I believe) is an investment group that mostly owns property from a brief perusal of their site. So when they take over, they will probably want to clear out stuff that isn't part of their business. So, expect CDNN to have a bunch of Stormlake barrels or whatever. Maybe whatever AAC inventory is on hand will be tossed to a liquidator. Now, obviously the warranty silencers should not be part of that, but who is in charge of separating out what is what rather than just doing a mass "whatever is on the books" transfer to a third party? It's firearms, so I doubt they'll be destroyed, but what if it's cheaper to crunch up the remaining AAC inventory rather than deal with the paperwork of F3's? Do they go through everything? So yeah, get ATF involved ASAP and maybe an agent gives a call to someone that is actually in charge of something and they arrange to return stuff beforehand. Otherwise, who knows? A lot (most?) of these employees are losing/ have lost their jobs, why would they care? |
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Posted: 10/6/2020 2:00:38 PM EDT
[#43]
Quote HistoryQuoted: JJE Capital, the parent company of PSA bought the intellectual property and names relating to AAC. We did not purchase any buildings or physical property. We would not be able to help in locating anything since we have no rights to the physical property. Thank you, Josiah Quote HistoryQuoted: JJE Capital, the parent company of PSA bought the intellectual property and names relating to AAC. We did not purchase any buildings or physical property. We would not be able to help in locating anything since we have no rights to the physical property. Thank you, Josiah Would y’all happen to have the name of an attorney or representative on the other side of the table who could be contacted? There’s personal property tied up which is apparently nobody’s problem. Quoted: Don’t panic. The new owner has to get running. They will assume inventory and sort it...give it a month. New owner just said they bought name and IP only, not inventory. Nothing is getting “up and running”. |
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Posted: 10/6/2020 2:01:26 PM EDT
[#44]
I would contact ATF immediately. Anything involving missing NFA needs to be reported ASAP, if only to keep you in the legal clear.
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Posted: 10/6/2020 2:26:09 PM EDT
[#45]
Go to the media and tell them a bunch of evil silencers are unaccounted for!
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Posted: 10/6/2020 2:26:52 PM EDT
[#46]
Quote HistoryQuoted: I would contact ATF immediately. Anything involving missing NFA needs to be reported ASAP, if only to keep you in the legal clear. This. If I had an NFA item out there in the ether I would at least want to be damn sure the man knows about it in case something stupid happens and I have to explain it after the fact. Not unheard of for shit to walk off when companies blow up. OP based on everything I have seen with situations like this across multiple industries your can is probably gone. About all you can do now is cover your ass and hope. Good luck to you. |
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Posted: 10/6/2020 2:39:16 PM EDT
[#47]
Quoted: I'm sure the ATF doesn't give two shits either. We will see how this goes. I've got a tax stamp for a particular silencer serial number. There is no scenario in the world where ATF is going to let dozens if not hundreds of silencers disappear into the ether unaccounted for. Typically the expedite situations like these. |
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Posted: 10/6/2020 2:47:33 PM EDT
[#48]
Quote HistoryQuoted: I'm just trying to grasp this. You guys are saying it's (common) practice, in a situation like this, for an organization to destroy a persons property which is in their possession at the time? Lost during the transition or restructuring, unfortunate, but I can see that happening. But to just start cutting up NFA items? Common? No, almost unheard of. Everything down to paper clips has value in a bankruptcy. Did they destroy all the MACs when Mac went out of business? Group Industry? no. RPB? SWD? No to all. It gets sold at auction by whoever owns. Maybe it will be CDNN! Look at all the Remington/DPMS that keeps showing up there. Anyway, destroying customer property is just a class-action lawsuit in the making. So much cheaper to just send it back as is. |
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Posted: 10/6/2020 2:58:33 PM EDT
[#49]
Quote HistoryQuoted: There is no scenario in the world where ATF is going to let dozens if not hundreds of silencers disappear into the ether unaccounted for. Typically the expedite situations like these. Hopefully you are correct. Seems the time to expedite would have been before everyone that knew where things are left the building. Who is on the hook for the items? If the company no longer exists whose ass is on the line? Honest question. I'm sure there is a reasonable answer I would like to know what it is. |
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Posted: 10/6/2020 2:59:02 PM EDT
[#50]
Quote HistoryQuoted: I need to do the same with one of mine Gonna convert it instead. Just sucks when you spend so much on mounts that ruin the can. I wish I could change that latch out myself. I bought a pair of (non-NFA) AAC Blast Outs to do just that. The latch on the 51T blast-out is the same as the latch on their 51T cans. When I run out of latches, my cans will be converted to something else. |
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