a stiff corporation has no conscience.. Meanwhile, with elementary schools across the country now forced to conduct active shooter drills, the California teachers were demanding out. DAKOTA ARMS It was its most profitable year. It was rumored that, following the massacre, he asked his son to sell the company. Disarmament rests on the assumption that all people are good, and, basically, want the same things. Protection of Lawful Commerce in Arms Act, Do Not Sell or Share My Personal Information. . itunes.apple. Its a great compact rifle, especially shooting suppressed! I work with a lady who just left a firm that used to be owned by a sole proprietor. *Sorry, there was a problem signing you up. Youre dumb, because Im not talking about Remington and I indicated it was a tangent for a reason Eric Brittingham Biography, Age, Height, Wife, Net Worth, Family I kind of wanted to check out an R51. On the dotted line of that agreement he signed only the word flounder. According to Kevin that was written in the title box, as Kevin had had his title changed from president to founder, but he doesnt remember writing it. In the end, none of them were happy they sold., Reichert remained an outspoken advocate for the broadest possible interpretation of the Second Amendment. This contract was procured via the Navy Electronic Commerce and Naval Surface Warfare Center Crane Division. The target was Bushmaster, one of the leading makers of black guns: highly configurable assault rifles patterned after the military-issue AR-15. Im shocked. Extraction pending when some personal attachments clear.). Using a technique employed by Special Forces operators, he then taped these magazines together into bundles of three, allowing for immediate reload. But hed left the ROTC before graduation and landed a job on Wall Street, trading securities for Drexel Burnham Lambert, the pioneer of the junk bond. Kevin Brittingham founded Advanced Armament Corp, which became one of the biggest silencer manufacturers in the world. Dyke, who remained on Bushmasters board, sensed he was in unusual territory. I hope he gets his money but I would be betting he doesnt. But the social fallout had cost it dearly, affecting its ongoing access to capital in a way it hadnt foreseen. The only good news was that Kevin was untouchable unless he committed a felony, or broke company policy. Thats why you are generating profit. Many of these accessories were of questionable utility. Really. They even went so far as to give silencers to people who had an AAC logo tattooed on their bodies, a marketing campaign that was so successful that they sunk a quarter million dollars into it before it ended. That is, if it hasnt already. LeeAnne Locken - $2.5 Million A secretive Manhattan billionaires dreams of creating Americas foremost firearms empire. Remington eventually sent a single person to iron out the compliance issues, in the form of a former private investigator with a few days of ATF training and no background in compliance whatsoever. . . 5. He wasn't really that interested in commercializing it. He knew little about guns; his expertise was in high-efficiency manufacturing and building economies of scale. Theres nothing intrinsically technically difficult about SBRs, suppressors, etc. The opposite of rule of law is anarchy. Thanks for posting it. The next day he was fired, supposedly for still having personal firearms on the premises. Inflation and public interest would work to somewhat normalize the stamp issue, but by now the sheer volume of bureaucracy surrounding the process is a barrier in and of itself. On a separate floor is the private-equity group. None of them wavered in the slightest, not even when I brought up the Newtown massacre, or the Pulse-nightclub shooting, or the San Bernardino attacks, or the shooting of the Dallas police officers, or the certainty of other massacres to come. To compare anything thats done in regards to NFA items, to selling computers is just asinine. Today the laws that KB fell afoul of are run on autopilota self-perpetuating government machine. Feinberg picked Trump. [19], In 2016 the BlastOut gives users the ability to redirect muzzle blast forward when shooting unsuppressed. As 2012 came to a close, Cerberuss gun play was nearly seven years old ripe enough for an exit. During this time, as court documents showed, Kevin had succeeded in pissing off Freedom Group to the extent that they were actively looking for a reason to fire him. Ten years later, he was running his own firm. A catalyst was the Protection of Lawful Commerce in Arms Act, pushed by NRA lobbyists and passed by a Republican-controlled Congress in 2005. Emily Kohrs didnt do anything wrong, and the medias harsh treatment of the Fulton County foreperson was a gift to Trumps lawyers. I would have been more comfortable with the people. Thats possible, but the kinds of connections you needed to persuade the Feds to bail out your bad auto-industry bet for $30 billion were more readily available to graduates of Princeton than UC-Irvine. No wonder Barnes blacktips are so expensive. While the guns were being sorted, a hand written list of which guns were under whose ownership was compiled. He envisions a company with 50 people run with real leadership. *This article appears in the November 14, 2016, issue of New York Magazine. The full test is available for download here, but for those who dont want to wade through all 117 pages of brilliantly written legal analysis Ill try to summarize . While some enthusiasts collected guns, Feinberg collected gun companies. The deal was structured as a $10 mil+ lump sum up front, and $8 mil in contingent comp, based on whether Kevin was still with AAC in 2015 and met certain goals.. It was the closest victims of gun violence had come since PLCAAs passing to holding a gun company responsible, but in the end, Cerberuss bet that the law would shield its investment turned out to be right. Youve now structured a deal where it is well within the buyers benefit to get rid of you and the founders of the company being bought out. Look, I grew up in rural America, he said. Brittinghams mistake, along with cutting a deal with jerks, is orchestrating a sale when he wanted a cash infusion & channel resale relationship. Disabling a security camera is NOT shady compared to a major corporation trying to cheat you out of $10,000,000!!!! I hope Kevin starts a new company and blows freedom groups profits out of the water. It makes no sense. Juan and his family collected $270 million before taxes. Kevin Brittingham was quoted as saying he hoped FG jacked him around until the money went to his grandkids, because they are required to pay 9% interest on it. Really. . Schauble won a number of military contracts for Remington Defense and helped negotiate the purchase of Advanced Armaments Corporation, a start-up manufacturer of gun silencers. It was nowhere near accurate or complete, and was intended as a starting point rather than a finished product. [T]he time is now to consider before we double down on our investment of a lot of our personal capital getting him his title and $$ back and enduring his inability to work within our system. View FREE Public Profile & Reputation for Kevin Brittingham in Washington, DC - See Court Records | Photos | Address, Emails & Phone Number | Personal Review | $70 - $79,999 Income & Net Worth Notify me of follow-up comments by email. These dimensions allow the 300 AAC Blackout to be used in existing magazines designed for M16 or AR-15 rifles. Do I support AAC or not give my $ to Remington. When youre transferring a fairly large amount of machine guns from three seperate FFLs dependent on set dates of the sale, some of which are private owned and on site at times and not at other times, every time it changes possession every move that needs to be recorded, but theres photoshoots, testing, etc often. Cerberus put up the capital, purchasing a shooting range on the outskirts of Memphis for Tier 1s facilities, a sprawling 800-acre private military base with a half-dozen shooting ranges, on-road and off-road driving courses, a parachute-drop zone, and an urban-combat compound designed to look like an Afghan village. Indeed, it seems the more powerful the system, the more coverage and leeway for jerks. Jones. This is a trend in gun control lawsthe 1994 AWB was pushed through by the Clinton administration after another public shooting. Wealthy and free, actually. Just read your analysis and also read the decision. The individual is not only best qualified to provide his own personal defense, he is the only one qualified to do so: and his right to do so is guaranteed by the Constitution. David Mamet. I did as much with 15mins of free online tutorials and a couple hours of company time while working in a corporate mailroom years ago. At Blackwater, his instructor was Steve Reichert, a Marine Corps infantryman and decorated war hero who was one of the best marksmen on Earth. Feinberg actually did live in New York, but he didnt waver either. You should make the effort to get at least one hot-shot lawyer on your side. Stuff like this makes me not so sure. Colion Noir & Kevin Brittingham podcast - Page 3 - M4Carbine.net In the Name of the Father - Forbes I expect many of you to do the same. But theres also heritage, and history. Technically as soon as the company was sold they needed to start operating under a new FFL, since they had only purchased the assets and not the business itself. Despite the fact, for example, that the big investment banks are paying out billions of dollars to the feds for their unsavory mortgage practices that lead directly to the last recession, he argued that the mortgage brokers and bankers owed no duty at all to the borrowers not to lie to them, not to mislead them, not to falsify loan documents. Ive seen it happen with a number of FFLs and that was with less of a clusterfck and much less going on. Not only is it a complete and total smackdown against Remington, but it was so entertaining that I found myself chuckling at times. This kind of organizational nonsense will come out in the products eventually. His name is Kevin Brittingham, the "people's CEO." Brittingham is a name you should know. They werent just greedy, they were encouraged. Kevin had been suspended for no reason there was insufficient evidence that a single silencer whose provenance and purpose was unclear was justification for cause to fire him, especially when Kevins personal guns were still being used for R&D purposes as per the terms of the agreement. My read of the decision is that Jason was the only person who wanted Kevin fired and it was due to unprofessional behavior and insubordination. I think I will avoid both people and their companies and products. Rather than selling out to the Freedomless Group he should have hired a couple people to straighten the mess out. Example, my girlfriend is trying to get a new job and through the grapevine HR found out and told her she would have to give ONE MONTHS NOTICE before leaving, or shed forfeit all her earned vacation time. If we do, we have until Jan. 9 or else it becomes a ton harder bc probationary period ends. The margins on them were superb. I also thought through various replacement options . I see a few things in your writeup that seem incorrect. Perhaps no single person benefited more from the automotive-industry bailout than Stephen Feinberg, who, in all other respects, was a conservative. They saw through the Ponzi scheme. Theres no systemic cure for that. So, say he leaves a pre-ban m16 on premises and an employee begins testing a new silencer design on the gun. He's a lawyer and civil rights/gun activist. In early 2016, Donald Trump unexpectedly decapitated the Republican Party, and GOP power brokers were forced to choose sides. Forbes 2016 World's Billionaires: Meet The Richest People On The Planet I think I can build and test a few for less than 10K but biz stuff will bring the most cost I am sure. Named simply Q, they'll start out with just 10 employees, but it's quite the lineup. He later sold the company to Remington Defense, another gun company owned by Freedom Group, but stayed at the helm raking in staggering profits while constantly butting heads with upper management. This page was last edited on 16 February 2023, at 06:54. Shooting a 180-pound deer is the same tech as shooting an 180-pound man, said Brittingham, and Freedom was staffed with a number of people whod done both. But if I lived in New York City in a building with a hundred people, and I saw a guy with an assault weapon in his hand in the hallway, I think Id go back in my apartment.. And a linguist named Emily M. Bender is very worried what will happen when we forget this. PARKER GUNMAKERS Pink bolt action .22LR rifle with optics and no shoulder thingy that goes up. There, the acquiring company often has a retention payment for key players to keep them around through the integration. Tier 1s biggest customer was the United States Special Operations Command. The president surprised and angered some Democrats by declining to veto a GOP effort to block a D.C. bill. And he did get $10 million up front, so its not like hes having to collect aluminum cans in parking lots to feed his kids.. Good to see Kevin get what he deserves. Its nice to see the innovator and underdog in the market smack the big lazy dog that was trying some underhanded crap. So even if Kevin had signed, Remington never did. #654321cba Pink Fluffy Hunter Firearms. Buyer beware may be the law of the capitalism jungle, but society also understands the need for social contracts that allow individuals and businesses to function with a reasonable expectation that what they pay for is what they get without expending all of their energy on investigation and asset protection. As such all they had to go on were the bound books for the new FFL, and the guns they were putting in the Kevin pile turned out to indeed be related to the sale of the company years earlier. It is important to point out that at the time this email was written, Remington and Freedom Group had no knowledge that Kevin had done anything wrong. Ill spare you the details (it gets pretty dry), but here are the judges own words on the compliance officer: [The compliance officer] was never intended to be a compliance person at best, he was unqualified to ensure appropriate compliance; at worst, he was sent to AAC to find a basis to terminate Brittingham. Password must be at least 8 characters and contain: As part of your account, youll receive occasional updates and offers from New York, which you can opt out of anytime. Kevin Brittingham founded Advanced Armament Corporation in 1994 to manufacture sound suppressors, having previously been a distributor for GEMTECH, another suppressor manufacturer. Interesting to me, its good strategy to work the system (vs. do the work) if you arent particularly good at doing the work. Feinberg, an avid elk hunter, was one of his better pupils. His commitment to military contracting seemed to go beyond money. Or, perhaps more subtly, for anything that pays out later, you either have enforcement costs, or you better design things so everybody benefits together. The gun cultures objection to conglomeration was reminiscent of objections Id once heard from conscious consumers when Unilever had purchased Ben & Jerrys. It is important to note that neither the compliance officer nor any of the AAC staff assisting with the segregation process knew about the terms of the sale, specifically which guns of Kevins became the property of the new AAC. Yep. Back in October, a pre SHOT Show photo shoot took place at AACs HQ. Of note, one of AAC's chief suppressor designers is Robert Silvers, creator of the PhotoMosaic. Keeping yourself legal, when your entire revenue relies off it should be top priority, instead of relying on another company to do hopefully do it. Freedom Group owns the following: REMINGTON 5 years ago, I would have said Do you really think so?. Without the fear of a Democratic president seizing their guns, theres no need for hoarding. The round is very similar to the .300 Whisper cartridge created years earlier by SSK Industries, but AAC submitted the cartridge for SAAMI standardization and allows any manufacturer to use the specifications. Nardelli is an infamous jerk. Advanced Armaments was small but did a lot of business with the military. Having said that, Freedomless group tried to pull a dirtbag move and they received the punishment they deserved. What the ATF requires can be handled in a separate file. Judges Ruling Reveals the Truth About Kevin Brittingham and Freedom Group, Mayors Against Illegal Guns Deletes Member List from Website, http://thetruthaboutguns.com/author/foghorn/, Were Sorry to Inform the Gun Control Industry That Americans Bought Another 1.3 Million Firearms in February, State, Federal Lawmakers Trying to Put the Brakes On Credit Card Companies Tracking Firearm Purchases, Brownells Giving Away $12,000 in Guns and Gear to Celebrate Their New Site Redesign, http://www.youtube.com/watch?v=7QDv4sYwjO0, http://finance.townhall.com/columnists/danieljmitchell/2014/01/17/more-amusing-antilibertarian-humor-n1780470/page/full. For a horrifyingly long period of time Marlin levergun quality control was bad enough that the end products were fairly described as vaguely gun-shaped objects that should never have shipped. I want to work on guns, not paperwork, but since theres only 24 hours in a day, if you want to make product, you have to choose where youll spend your time: Making products or filling out paperwork? Not later, not contingent upon some future issue. Walgreens Wont Sell Abortion Pills in Red States Even Where Its Legal. When the five-year agreement to keep the original Bushmaster factory open expired in 2011, the plant was shut down almost immediately. As in, why should there be any problem whatsoever with a company using a personal possession to facilitate R&D? Investment managers werent likely to view the company favorably until the companys product-quality concerns were addressed. When some buyer of your company says that their back-office IT systems can benefit you, thats a sure sign that theyre going to quash your culture. On December 19th, Schauble got his response. Taking into account various assets, Kevin's net worth is greater than $100,000 - $249,999; and makes between $70 - 79,999 a year. Kevin Brittingham (@kevinbrittingham) Instagram photos and videos Its basically a non-story. Freedom Group and Remington had been incorrect about their finding of cause for terminating Kevin, had withheld information by never providing him with any documentation about the investigation or even a detailed description of what he did wrong, and issued an ultimatum to sign the new employment agreement or lose out on all his money. Its a shame really, I was thinking of doing a 700 build on the shiny new MDT LSS chassis, and the versamax looks very cool. Despite repeated requests, he was never given a reason for his suspension or the results of an external investigation into the issue. In 2002, it was the weapon of choice for John Allen Muhammad and Lee Boyd Malvo, the Beltway snipers. There had been Big Pharma, and Big Oil, but never Big Gun. Advanced Armament Corporation (AAC) is an American company that develops and manufactures firearms, firearm suppressors, muzzle devices and related accessories. For what the business needs for basic internal control a simple word document would work. This kind of organizational nonsense will come out in the products eventually. Scummy business practices that too many companies engage in these days, and why I cant side with the bullshit free marketeers who want places like that to have no laws or regulations controlling their bullshit. The tax stamp was equivalent to about $2,000 in todays money, easily pricing the average citizen out of such purchases. At 5:00 PM, Jason Schauble sent in his resignation stating I just dont feel that we (fgi) have a fundamental philosophy that I can reconcile with on many levels..

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