WED | JUNE 12, 2019

Galco is excited to announce additional fits for the Speed Master 2.0 Paddle/Belt Holster. New fits include the Kahr PM and MK series in 9mm and .40 S&W, and a variant for the Kahr P and CW series in 9mm and .40 S&W with Crimson Trace Laserguard.
SIG SAUER, Inc. congratulates Team SIG Captain, Max Michel for a world-record-setting performance at the 2019 SIG SAUER World Speed Shooting Championship. Michel completed the Roundabout stage in 7.17 seconds, and the Smoke and Hope Stage in 7.29 seconds to claim two new world records at CMP Talladega Marksmanship Park in Talladega, Alabama.
Buck Knives, leader in sports cutlery, will be exhibiting new products at Outdoor Retailer Summer Market 2019. Buck Knives will be hosting special events and promotions throughout the show.

Viridian Weapon Technologies is showcasing the FACT Duty Weapon-Mounted Camera at the annual National Sheriffs’ Association Conference and Exposition in Louisville, Ky. The conference will give law enforcement personnel an opportunity to experience the evidence-gathering camera and sign up for a no-cost testing & evaluation program.
Savage’s new MSR 10 Precision rifle is loaded with features and ready to compete. This extension of Savage’s MSR 10 lineup delivers match-winning accuracy with a stainless steel heavy barrel and 5R button rifling.
TAC SHIELD belts address three basic belt needs: holding one's trousers up, bearing the pistol/spare magazines and carrying all your gear.

The National Shooting Sports Foundation is pleased to announce that retailers, ranges and organizations can now submit their August events and promotions at


United Sporting Companies announced it will be filing for voluntary relief under chapter 11 of the United States Bankruptcy Code today June 10th, 2019 in the United States Bankruptcy Court for the District of Delaware.
Mossy Oak is proud to announce a strategic partnership with Outtech Inc., an alliance that will expand into hunting, fishing, shooting sports, outdoor lifestyle, and many other outdoor-related pursuits.

Hornady received numerous accolades at the 25th Annual Communicator Awards, a leading international competition celebrating creative excellence in communications.
As expected, shortly after NY Governor Cuomo signed A5944 into law repealing NY's gravity knife bans, New York City and DA Vance submitted a letter to the U.S. Supreme Court claiming that the new law mooted the case. Since then, NY Mayor de Blasio's New York Police Department has clearly indicated that they intend to continue to enforce a ban on gravity knives in the subways relying on an old Metropolitan Transportation Authority code.
Boyds has recently released a bottom metal that allows the Boyds stocks to accept the Ruger American rifles with the AI-Style magazines. The bottom metal kit also allows other Ruger American rifles to be converted to allow the use of the Ruger AI-Style magazines when they are assembled to a Boyds stock.

MTM introduces the Shotshell Box Caddy, a 100 round shotshell carrier for trap, skeet and sporting clay enthusiasts. It grips four MTM shell stackers (included with purchase) or four 12 Ga. 2 ¾” cardboard shell boxes.
DeSantis Gunhide introduces the #137 Slim-Tuk holster for the SIG P365 with Lima365 or Foxtrot365 attached. The Slim-Tuk is a bilateral IWB with a tuckable clip for varied mounting options.
Guntec USA introduces their AR 9MM Micro Breach Pistol Brace Kit. This brace kit is made of Zytel Polymer Composite. It compresses against buffer tube at two locking points and a complete pistol buffer tube kit is included.

Eagle Imports Inc. recently announced the assumption of company president Sodini’s duties by tenured CFO and VP Maria Kernasovic. Kernasovic has been with Eagle Imports in varying capacities since 1990.
Mesa Tactical announces the completion and availability of its four and six-shot receiver-mounted SureShell shotshell carriers for Remington’s Model V3 tactical shotgun.
New episodes of Gun Talk’s First Person Defender are back for a seventh season. A new episode of the popular self-defense series premieres each week for four weeks, beginning this Saturday, June 15th, on Gun Talk’s YouTube, Facebook, Roku, Amazon Fire TV and Apple TV channels.

Nikon introduces two new reticle eyepieces for its flagship MONARCH Fieldscope series. The new MONARCH MEP-30 reticle eyepiece is offered with a choice of MRAD or MOA reticle—each allowing a spotter to locate and focus on the same target as their counterpart to communicate reference points and follow-up impact corrections.
USA Shooting has announced the promotions of staff members Brent McPherson and Stacy Weiland as the organization continues to strive for its 2020 vision and align for continued progression in athlete, coach and resource development.
Whitetails Unlimited provided a grant for $8,500 to the Wisconsin DNR for the expansion of the Hay Creek-Hoffman Lake Wildlife Area public shooting range. This contribution adds to the $600,000 granted under WTU’s shooting sports program Staying on Target.
On Friday, May 31, 2019 Ben Berka, Scholastic Shooting Sports Foundation President and Executive Director announced that SSSF has entered into an agreement with the Cardinal Shooting Center to host their July Scholastic Clay Target Program and Scholastic Action Shooting Program National Championships through the year 2029.
The National Shooting Sports Foundation and the Bureau of Justice Assistance unveiled a new public service announcement, “Protect the People You Love,” to encourage families to talk about gun safety — regardless of whether they have a gun in the home.
In the June/July issue of Ballistic, the first “Warrior of the Year” is named and it’s only fitting that Omar “Crispy” Avila take the honors. His story is both legendary and inspiring.
The National Shooting Sports Foundation announced that Reeves & Dola, LLP, has renewed its Gold-level sponsorship for this summer’s Import/Export Conference. Based in Washington, D.C., Reeves & Dola is a law firm specializing in the highly regulated and complex world of manufacturing, sales and international trade of defense and commercial products.
Lone Wolf Distributors welcomes back Jason Matzinger – Into High Country TV.
Shooting USA covers the 2018 USPSA Limited Nationals – “limited” means no pistol optics and no compensators. Scoring is on speed and accuracy and you’ll see the best contending the title as John Scoutten and guest analyst Maggie Reese report the action.
Sixty-four of the top BB gun teams in the nation will converge on Rogers, Ark., July 3-6 for the 2019 Daisy National BB Gun Championship Match. Seven-person teams, ages 8 to 15, will be competing for the National Championship in this 5-meter, four position match.

When we read financial documents addressing business failures, we tend to read the backup filling information the same way we read the rankings of virtually anything- according to size. We look at the potential “big” losers and generally ignore the smaller companies.

When you’re talking a bankruptcy of the magnitude SportCo - you’re talking a lot of impact. It’s easy to think Ellett Brothers (because it’s been the longest-rumored problem) and forget the filing includes: Bonitz Brothers, Ellett Brothers, Evans Sports, Inc., Jerry’s Sports, Outdoor Sports Headquarters, Inc., Quality Boxes, Inc., Simmons Gun Specialties, and United Sporting Companies.

That’s quite a list of long established businesses that are currently in Chapter 11, but given virtually no chance of emerging. According to industry executives with direct knowledge of the situation, the advancement from Chapter 11 reorganization to Chapter 7 liquidation is nothing more than a matter of time. After all, they’ve pointed out, even the officers and directors of the company have admitted the value of the company - according to their sworn documents - is essentially, zero. It’s hard to believe the land the businesses are on is worthless, but it may well be the land is a separate situation.

The same ranking tendency happens when we’re talking about the companies suffering the biggest “hits” in a filing of this magnitude.

But that might not be the most realistic way to look at it. Large companies, like Ruger or Vista as examples, have more safeguards in place to protect themselves from bad debt than small businesses.

So the question in my mind isn’t “wow, what about the hits that Ruger, Vista (which also includes Bushnell and Savage) took in this filing” -the question most concerning is the one I face as a small business: “could my business survive a $100,000 hit?” A $3.2 million dollar loss isn’t a concern-it’s simply too-big to be a factor. But $100,000 dollars could be enough to put smaller companies over the edge.

The SportCo bankruptcy only lists the top 30 unsecured creditors. The smallest loss of that group is $267,360- and the filing says there are as many as 200 unsecured creditors. That’s a lot of trickle down impact.

While many of the companies are well-known, have good reputations and are pretty solid performers, the fact of the matter is simple: a $280,000 “hit” -even for a solid small company -is significant.

Often we lose sight of that. It was a lesson I saw first-hand when U-K owned Reed Expositions took the “no AR-style rifles” position regarding their Great American Outdoor Show in Harrisburg, Pennsylvania.

In the furor over the ill-considered decision, companies and individuals boycotted the show- to the point Reed eventually killed it. In reporting the story, my focus was on the big picture. Until I got an email from one of the smaller vendors at that show. In that communication, he said that he was “pretty certain” that the show not happening would put his one-man Virginia knife making shop out of business because it was more than three-quarters of his annual revenue. “But,” he told me, “I’m willing to let that happen because I know we can’t let Reed start saying one type of gun is bad or we all suffer.”

That brought the entire picture into focus. It’s not just the “biggies” involved in a story that will undoubtedly spend most of its time focused on the nearly 190-million bucks that somehow evaporated, along with the jobs and hopes of all the people who counted on these now-failing companies for their futures.

Fortunately in the Great American Outdoor Show situation, one of the “biggies” in the industry read my story on the knifemaker who was more than willing to let his business fail for the good of everyone else and intervened. If you’re one of the media or industry people who wondered why a company with their own branded line of knives gave away a bunch of knives made by someone else several years ago, as Paul Harvey would have said “well, now you know the rest of the story.” A whale jumped in to save a minnow.

In this instance, there doesn’t seem to be much -at least at this writing- that anyone can do to help everyone negatively impacted by this colossal failure.

We’re nowhere close to knowing the true impact, but I promise we’ll keep you posted.

--Jim Shepherd

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