Cavalry Arms no longer selling firearmsCavalry Arms, a manufacturer polymer AR-1

[imschur]

Cavalry Arms, a manufacturer polymer AR-15 lowers and furniture, have quit the firearm business. From the press release ...

Dear Friends and Loyal Customers:

As you may be aware, we have been engaged in an ongoing dispute with the ATF for the past two years. While Cavalry Arms has at all times tried its best to run a lawful and honest shop, unfortunately, some regulatory compliance mistakes were made. We have now come to the point where we feel it is in our best interest to close our FFL and to cease all firearms operations. The owner of Cavalry Arms, Shawn Nealon, has elected to leave the firearms business and concentrate on firearms accessories instead. We are currently in negotiations with another company for that company to purchase the CAV-15 product line. Rest assured that any resulting purchase agreement will address the issue of providing service and support with regard to existing CAV-15 firearm products.

We will continue to manufacture quality plastic components, grow our Medical products line, and work to bring new innovations to the relevant markets. Over the next several weeks we will be conducting a wind-down of our firearms manufacturing and FFL operations. Accordingly, please do not send us any firearms for repair or replacement. Instead, such issues should be addressed to the ultimate purchaser of our assets. Due to our limited personnel resources, during this transition/operation wind-down period, the final processing and shipping of firearm receivers already in our inventory will be our first priority.

We deeply appreciate your patience and understanding and anticipate that the relevant asset purchaser will begin operations in March of 2010. We sincerely thank you for your prior and ongoing support during these troubled times and look forward to better years ahead.

Thank you, Cavalry Arms

[Longitude Zero]

Why do I get the feeling that with the current regime/junta in power we will be seeing a lot more of this.  Hounding companies to closure for minor mistakes.

[rodent.22]

Congress has given our regulatory agencies power to administratively fine any company doing interstate business in this country. If a guy walks in and fines your business $10,000 for a real or perceived violation of even an obscure or unclear law or regulation, it will cost you the $10,000 or more to fight it. This is why these businesses are electing to get out....A guy in a start-up business might not make that $10,000 in 6 months of work. See why we don't have an expanding economy? Wonder why your kid or grandkid has no future other than a fast food position? Hell, even the phone service jobs are all in India now. I'll stop my rant now....it just gets worse.LOL

[imschur]

Cavalry Arms Corp. says on its Web site that it has been "engaged in an ongoing dispute" with the Bureau of Alcohol, Tobacco, Firearms and Explosives, or ATF, for two years over "regulatory and compliance mistakes."

But in federal court last week, owner Shawn Nealon admitted that he and his company illegally sold as many as 40 weapons to an out-of state buyer, and he voluntarily surrendered his federal firearms licenses, meaning Cavalry will no longer be able to import, manufacture or deal in weapons or ammunition.

"This is not some individual setting up a stand at a gun show," U.S. Attorney Dennis Burke said Friday. "These are the preliminary steps that individuals take to get around federal laws in order to traffic in illegal firearms."

Sebastian makes the point that the firearm industry is unique in that unlike other heavily regulated industries, such as pharmaceuticals, it is made up of lots of small companies.

[Longitude Zero]

WOW!!!  If the media reporting is accurate he NEEDS to be gone.  Sadly all of us are plastered with this unfortunate label of "gun nut" when a very small minority of people do wrong.

The media hates us and paints with the biggest brush possible.