Another retailer bankrupt - and HK lent money to them
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Thread: Another retailer bankrupt - and HK lent money to them

  1. #1

    Join Date : Mar 2019
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    Default Another retailer bankrupt - and HK lent money to them
    HK is listed as one of the creditors. That can not be good for HK :(

  2. #2
    Unrepentant HKHolic
    SudS's Avatar
    Join Date : Jan 2001
    Location : Northern, VA
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    They were huge back in the day. Wondering if HK loaned them money, or if this is product.

  3. #3
    Senior Member
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    Join Date : Aug 2016
    Location : south of Nashville
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    Surely mostly handguns shipped but not paid for yet. Hopefully only a months worth.

    Sent from my moto e5 play using Tapatalk

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  5. #4
    AGG is offline
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    Join Date : Feb 2007
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    Ellett Brothers had everything back in the day--- probably a sound investment back then!!!
    Once again, greed overcomes the best of us.


  6. #5
    Gets the Shakes if No HK Contact in 24 Hour Period

    Join Date : Jun 2011
    Posts : 588
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    This has been quite a story in SC. This distributor was apparently bought out and the holding company borrowed big $ from the asset side of the ledger, not putting $ into the business.

    Pretty sad. Too many times the same story.

    On the bad judgment side, they inventoried up before sales fell after Trump's election. So,....

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