Damn ATF

[Troublco]

Well, what better way to shut down firearm mfg businesses than by raiding them, and even temporarily confiscating half their assets? They don't have to arrest anyone, just do what they've done so far and see how long the businesses can hold on when they're unable to conduct business. Then they can return the assets later to whatever entity owns them at that point. Voila, one less firearms manufacturing company.

Sounds a lot like Customs trying to shut down most folding knife production.

[Ridge]

ATF didnt return anything from Cav Arms...after 3 months, it was all just auctioned off...

[Troublco]

ATF didnt return anything from Cav Arms...after 3 months, it was all just auctioned off...

So just, in essence, steal everything and then auction it off before they can do anything about it, without ever giving a reason. I think they've passed "Taxation without representation".

[newracer]

From AR15.com

I received this email from Guy Savage this morning

Mark, (that's me)

To end the speculation. I would be most grateful if you would post this on the AR15.com forum. We released this to the media yesterday in response to what was going on. I was in my office till 4 am working through this with the US facility and my lawyers.

Thanks

Guy Savage CEO

Sabre Defence Industries



NASHVILLE, Tenn., February 17, 2010 – Sabre Defence Industries LLC, an established manufacturer of firearms and weapon systems to the United States military, state and local law enforcement, and worldwide commercial markets, is fully cooperating with federal agents in an ongoing investigation into potential criminal misuse of certain non-saleable firearms produced by Sabre and purchased by some its employees. Sabre has received information that employee(s) involved in inventory control may have obtained and re-sold some items without appropriate licenses. Sabre is and has been cooperating with federal agents in this investigation.

Sabre has more than 120 employees in its Nashville plant. Sabre’s biggest customer is the United States military. Sabre products used by United States armed forces in Iraq and Afghanistan include .50 caliber barrels and components of the M2 Browning machine gun, 7.62 mm mini-gun barrels, and M-16A3 and A4 rifles. Sabre is the only non-public company in the world ever to be awarded a contract for a military spec M-16 rifle. Sabre is dedicated to continuing to provide high quality firearms to the United States military, state and local law enforcement, and Sabre's commercial customers.

[BPTactical]

Guy Savage CEO

Sabre Defence Industries



NASHVILLE, Tenn., February 17, 2010 – Sabre Defence Industries LLC, an established manufacturer of firearms and weapon systems to the United States military, state and local law enforcement, and worldwide commercial markets, is fully cooperating with federal agents in an ongoing investigation into potential criminal misuse of certain non-saleable firearms produced by Sabre and purchased by some its employees. Sabre has received information that employee(s) involved in inventory control may have obtained and re-sold some items without appropriate licenses. Sabre is and has been cooperating with federal agents in this investigation.

Sabre has more than 120 employees in its Nashville plant. Sabre’s biggest customer is the United States military. Sabre products used by United States armed forces in Iraq and Afghanistan include .50 caliber barrels and components of the M2 Browning machine gun, 7.62 mm mini-gun barrels, and M-16A3 and A4 rifles. Sabre is the only non-public company in the world ever to be awarded a contract for a military spec M-16 rifle. Sabre is dedicated to continuing to provide high quality firearms to the United States military, state and local law enforcement, and Sabre's commercial customers.

Great- Just what you need, a couple of f&*kstick employees bootlegging guns out the back door.
But then again who knows-maybe they were bootlegging firearms to the cartels...................
Hope they rebound from it, Sabre's are great rifles.
Now the fact that employees were escorted out, searched along with their vehicles and cut loose makes some sense.
Feds probably knew exactly who they were looking for in the firm.

[GunTroll]

Now that I live in TN it seems to me that the ATF has stepped up presence here. Maybe something to do with TN HB 1796 (The firearm freedom bill). I hear an importer in Knoxville just got shut down too. TGI I think they are? Somethings brewing!

[SA Friday]

Great- Just what you need, a couple of f&*kstick employees bootlegging guns out the back door.
But then again who knows-maybe they were bootlegging firearms to the cartels...................
Hope they rebound from it, Sabre's are great rifles.
Now the fact that employees were escorted out, searched along with their vehicles and cut loose makes some sense.
Feds probably knew exactly who they were looking for in the firm.

This doesn't sound like Sabre is the subject of the investigation unless they condoned the sales. This reads Sabre was victimized via theft by employees and the employees then further violated the law through the sales.