Hudson Manufacturing files bankruptcy

Doc8404

Doc8404

.450/400 Nitro Ex
Messages
13,439
Reaction score
23,907
Location
Oneida County NY
Wow

A surprising detail about the bankruptcy filing is that Hudson is claiming a minimum of $10 million and up to $50 million in liabilities, with only $50,000 or less in assets.
 
kev74

kev74

20×102mm Vulcan
Messages
45,673
Reaction score
144,098
Location
Orange Co.
Doc8404 said:
Wow

A surprising detail about the bankruptcy filing is that Hudson is claiming a minimum of $10 million and up to $50 million in liabilities, with only $50,000 or less in assets.
Click to expand...
Finance everything!!! Its the American way! :salute:
 
kev74

kev74

20×102mm Vulcan
Messages
45,673
Reaction score
144,098
Location
Orange Co.
I still don't see what the appeal for these things was. Its ugly as sin, every review said the trigger pull sucked, and it was very spendy for what it is - a heavy, brick of a gun that doesn't work as well as guns half the price.
 
Edwardteach72

Edwardteach72

.475 A&M Magnum
U.S. Military
Messages
14,883
Reaction score
15,065
Location
New York
kev74 said:
I still don't see what the appeal for these things was. Its ugly as sin, every review said the trigger pull sucked, and it was very spendy for what it is - a heavy, brick of a gun that doesn't work as well as guns half the price.
Click to expand...

Was watching one of Gun Jesus's videos explaining these and a possibility on what happened.

They planned on releasing an aluminum model but announced it to early so no one was buying the steel framed ones and wanted to wait for the aluminum
 
kev74

kev74

20×102mm Vulcan
Messages
45,673
Reaction score
144,098
Location
Orange Co.
Hudson must have been passing around some really good hookers and blow to get ass-kissing apologists after they went under.

A couple of responses to the video above:
-Hudson had (essentially) no inventory left, as stated in their bankruptcy filing. If the reason they weren't selling guns was because people were waiting for an aluminum version, there would be unsold guns sitting around somewhere. Or at least parts for unsold guns. I've never seen a Hudson for sale. They weren't able to make them, so they weren't able to sell them.
- Its not unreasonable to expect a gun to work fairly reliably inside of 10 years of production. Even Ruger can do that :)ROFL:).
- Companies don't just take a chance shipping guns and hoping they are ready for sale. They do a tremendous amount of R&D that the fully expect the gun to work as designed. Sometimes revisions and repairs are necessary, but most are good to go.
- This guy said he was drunk as he made the video. I believe him. This is the most BS filled video I've seen this guy make.
 
Edwardteach72

Edwardteach72

.475 A&M Magnum
U.S. Military
Messages
14,883
Reaction score
15,065
Location
New York
kev74 said:
Hudson must have been passing around some really good hookers and blow to get ass-kissing apologists after they went under.

A couple of responses to the video above:
-Hudson had (essentially) no inventory left, as stated in their bankruptcy filing. If the reason they weren't selling guns was because people were waiting for an aluminum version, there would be unsold guns sitting around somewhere. Or at least parts for unsold guns. I've never seen a Hudson for sale. They weren't able to make them, so they weren't able to sell them.
- Its not unreasonable to expect a gun to work fairly reliably inside of 10 years of production. Even Ruger can do that :)ROFL:).
- Companies don't just take a chance shipping guns and hoping they are ready for sale. They do a tremendous amount of R&D that the fully expect the gun to work as designed. Sometimes revisions and repairs are necessary, but most are good to go.
- This guy said he was drunk as he made the video. I believe him. This is the most BS filled video I've seen this guy make.
Click to expand...

Haha apologiest, I couldnt give 2 shits about the gun, it does nothing useful
 
kev74

kev74

20×102mm Vulcan
Messages
45,673
Reaction score
144,098
Location
Orange Co.
Edwardteach72 said:
Haha apologiest, I couldnt give 2 shits about the gun, it does nothing useful
Click to expand...
I wasn't referring to you. I was referring to the media types.

When the gun first came out, every review stated something to the effect of, "The trigger is a bit gritty and heavy, but any competent gunsmith can do a trigger job on it." Every reviewer had jams and stoppages - on the cherry picked guns sent out for review! But they were just new guns that needed a break-in. A bunch of media types noted that the Shot Show range day guns wouldn't impact at point of aim - again, on the cherry picked media guns!!! Good luck dealing with shooting high or low on a gun with fixed sights. A $1000+ gun with fixed sights.

All of that would be unacceptable on a Taurus or HiPoint, but it got explained and excused away for Hudson. I wish I knew how they got the media to carry water for them like that.
 
Edwardteach72

Edwardteach72

.475 A&M Magnum
U.S. Military
Messages
14,883
Reaction score
15,065
Location
New York
kev74 said:
I wasn't referring to you. I was referring to the media types.

When the gun first came out, every review stated something to the effect of, "The trigger is a bit gritty and heavy, but any competent gunsmith can do a trigger job on it." Every reviewer had jams and stoppages - on the cherry picked guns sent out for review! But they were just new guns that needed a break-in. A bunch of media types noted that the Shot Show range day guns wouldn't impact at point of aim - again, on the cherry picked media guns!!! Good luck dealing with shooting high or low on a gun with fixed sights. A $1000+ gun with fixed sights.

All of that would be unacceptable on a Taurus or HiPoint, but it got explained and excused away for Hudson. I wish I knew how they got the media to carry water for them like that.
Click to expand...

Ok. I was about to say I dont ever remember liking the Hudson lol
 
Podmonkey

Podmonkey

.577 Tyrannosaur.
U.S. Military
Messages
20,828
Reaction score
28,739
Location
Cambria co. PA
The point of the video is that fledgling gun companies going tits up is the norm not the exception. Currently the market is for polymer guns, sub $500 price tags. Folks want good guns cheap. Frankly I don't think there is any room left in the pistol market for a small up and comer.
 
Eddie Gunks

Eddie Gunks

.338 Win Mag
Messages
5,354
Reaction score
9,816
Location
Bangkok
kev74 said:
And when you piss off @Eddie Gunks at shot show!
Click to expand...

Exactly!

It only took 2 years to get satisfaction. Not bad!

Fuck him still. Too bad now he is just fucking all his creditors. But i guess they should do better Reseach in who they lend money to.

They should have asked me! Ha ha ha.

Moral of the story, dont piss off Gunks! Ha ha ha.
 
Last edited:
Podmonkey

Podmonkey

.577 Tyrannosaur.
U.S. Military
Messages
20,828
Reaction score
28,739
Location
Cambria co. PA
Eddie Gunks said:
Exactly!

It only took 2 years to get satisfaction. Not bad!

Fuck him still. Too bad now he is just fucking all his creditors. But i guess they should do better Reseach in who they lend money to.

They ahould have asked me! Ha ha ha.

Moral of the story, dont piss of Gunks! Ha ha ha.
Click to expand...
C'mon, dish already!
 
togmaster

togmaster

.450/400 Nitro Ex
Messages
12,880
Reaction score
19,019
Location
Buoy 42
Edwardteach72 said:
Was watching one of Gun Jesus's videos explaining these and a possibility on what happened.

They planned on releasing an aluminum model but announced it to early so no one was buying the steel framed ones and wanted to wait for the aluminum
Click to expand...

So they shot themselves in the foot.
 
You must log in or register to reply here.
Top