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Wells Fargo sues Gunwerks

Posted By: JohnBurns

Wells Fargo sues Gunwerks - 05/21/20

Local story but wondering if anyone has more info?

https://k2radio.com/wells-fargo-sues-cody-firm-gunwerks-claims-it-owes-2-8-million/
Posted By: Kimber7man

Re: Wells Fargo sues Gunwerks - 05/21/20

Wow
Posted By: Higginez

Re: Wells Fargo sues Gunwerks - 05/21/20

Shooters want 1 mile out of the box nowadays.

Maybe they shoulda planned ahead.
Posted By: Oldelkhunter

Re: Wells Fargo sues Gunwerks - 05/21/20

The long lost art of creating a business slowly and growing it has fallen to the wayside unfortunately. Fake Future projections created by people with no business acumen enabled by even dumber greedy bankers.
Posted By: starsky

Re: Wells Fargo sues Gunwerks - 05/21/20

That’s pretty funny.
Posted By: GregW

Re: Wells Fargo sues Gunwerks - 05/21/20

Originally Posted by starsky
That’s pretty funny.


So no more systems?
Posted By: JGRaider

Re: Wells Fargo sues Gunwerks - 05/21/20

Davidson has always come across as a little prick if you ask me. Stiffing the bank is one thing, stiffing the gov't out of their taxes will land your happy asss in deep doodoo. They'll be history. Their $10k "systems" are a joke anyway.
Posted By: Judman

Re: Wells Fargo sues Gunwerks - 05/21/20

Originally Posted by JGRaider
Davidson has always come across as a little prick if you ask me. Stiffing the bank is one thing, stiffing the gov't out of their taxes will land your happy asss in deep doodoo. They'll be history. Their $10k "systems" are a joke anyway.


Yep. See he has his own line of scopes now, Revic, $3500 a pop! Love his long hair nowadays!! 😂😂😂
Posted By: 44mc

Re: Wells Fargo sues Gunwerks - 05/21/20

he is just running the company like the NRA runs theirs
Posted By: Dirtfarmer

Re: Wells Fargo sues Gunwerks - 05/21/20

Originally Posted by 44mc
he is just running the company like the NRA runs theirs

Not a good model.

A for profit turning into a no profit is a formula for ruin.

And fleecing the “sheep“ seems to be the current NRA business model, benefiting only top bureaucrats.

Until the board runs mgt, not the other way around, don’t pass the hat my way.

Board seems more window dressing, PR activists with no mgt authority.

DF
Posted By: northcountry

Re: Wells Fargo sues Gunwerks - 05/22/20

Originally Posted by Dirtfarmer
Originally Posted by 44mc
he is just running the company like the NRA runs theirs

Not a good model.

A for profit turning into a no profit is a formula for ruin.

And fleecing the “sheep“ seems to be the current NRA business model, benefiting only top bureaucrats.

Until the board runs mgt, not the other way around, don’t pass the hat my way.

Board seems more window dressing, PR activists with no mgt authority.

DF


I am with you no more until some major changes are made. Cheers NC
Posted By: devnull

Re: Wells Fargo sues Gunwerks - 05/22/20

Originally Posted by GregW
Originally Posted by starsky
That’s pretty funny.


So no more systems?



They're still "systems" out there. You still have The Best of the West "system". Made for those that don't mount their own scopes.
Posted By: Sharpsman

Re: Wells Fargo sues Gunwerks - 05/22/20

Paying ten grand to have a rifle built is insane! Scam artist to the ‘inth’ degree!
Posted By: RMerta

Re: Wells Fargo sues Gunwerks - 05/24/20

Speaking of Revic does anyone have one? I watch their show regularly and all I see them use is NF scopes. It’s puzzling to me they spend all this time and effort promoting Revic scopes and all they use is NF.
Posted By: Dirtfarmer

Re: Wells Fargo sues Gunwerks - 05/24/20

Originally Posted by JGRaider
Davidson has always come across as a little prick if you ask me. Stiffing the bank is one thing, stiffing the gov't out of their taxes will land your happy asss in deep doodoo. They'll be history. Their $10k "systems" are a joke anyway.

Did he leave a post here earlier?

Or am I dreaming?

Must have deleted it.

DF
Posted By: skinney_7

Re: Wells Fargo sues Gunwerks - 05/24/20

Originally Posted by RMerta
Speaking of Revic does anyone have one? I watch their show regularly and all I see them use is NF scopes. It’s puzzling to me they spend all this time and effort promoting Revic scopes and all they use is NF.


I have a few Revics, with the RT1 and RX1 reticles. Great optics I'll post a couple links below using them, I'm working on some reviews here soon...

I'll also post the official statement made by Gunwerks that they just released, sounds like more than a few here are uninformed.

GW statement
https://youtu.be/7iK7rEOyrZU

Revic usage.
https://youtu.be/DsliBXocv5M
Posted By: 4th_point

Re: Wells Fargo sues Gunwerks - 05/24/20

Originally Posted by Dirtfarmer
Originally Posted by JGRaider
Davidson has always come across as a little prick if you ask me. Stiffing the bank is one thing, stiffing the gov't out of their taxes will land your happy asss in deep doodoo. They'll be history. Their $10k "systems" are a joke anyway.

Did he leave a post here earlier?

Or am I dreaming?

Must have deleted it.

DF


In the Gunwriter forum, I believe. Burns started at least three separate threads about Wells Fargo vs. Gunwerks.
Posted By: Dirtfarmer

Re: Wells Fargo sues Gunwerks - 05/24/20

Originally Posted by 4th_point
Originally Posted by Dirtfarmer
Originally Posted by JGRaider
Davidson has always come across as a little prick if you ask me. Stiffing the bank is one thing, stiffing the gov't out of their taxes will land your happy asss in deep doodoo. They'll be history. Their $10k "systems" are a joke anyway.

Did he leave a post here earlier?

Or am I dreaming?

Must have deleted it.

DF


In the Gunwriter forum, I believe. Burns started at least three separate threads about Wells Fargo vs. Gunwerks.

Thanks, found it.

Wish we knew the whole story, Burns vs Davidson.

DF
Posted By: Dirtfarmer

Re: Wells Fargo sues Gunwerks - 05/24/20

Originally Posted by JGRaider
Davidson has always come across as a little prick if you ask me. Stiffing the bank is one thing, stiffing the gov't out of their taxes will land your happy asss in deep doodoo. They'll be history. Their $10k "systems" are a joke anyway.

JG, I’ll go with your gut opinion on that bunch.

They don’t impress me, either. Not favorably, that is.

Don’t know all the facts, probably enough for now.

We’ll see how it plays out.

DF
Posted By: jimy

Re: Wells Fargo sues Gunwerks - 05/24/20

Originally Posted by Sharpsman
Paying ten grand to have a rifle built is insane! Scam artist to the ‘inth’ degree!


Actually no its not, take 30% for profit and growth, that leaves you 7 grand to work with , @ $125.00 per hour shop rate and you have 56 hours of work time in building a high quality rifle and sighting system that is always ready to achieve a high level of accuracy in any temperatures. Not an easy task.

If you don't need one that's fine, I don't know anyone that needs a Ferrari but they sell as many of them as they can make.

I doubt any of us will get the whole story, and unless you have a vested interest then its really no one else's business but the buyers !

I wish them the best of luck, and still F~ck the banks !
Posted By: Ackleyfan

Re: Wells Fargo sues Gunwerks - 05/26/20

Originally Posted by skinney_7
Originally Posted by RMerta
Speaking of Revic does anyone have one? I watch their show regularly and all I see them use is NF scopes. It’s puzzling to me they spend all this time and effort promoting Revic scopes and all they use is NF.


I have a few Revics, with the RT1 and RX1 reticles. Great optics I'll post a couple links below using them, I'm working on some reviews here soon...

I'll also post the official statement made by Gunwerks that they just released, sounds like more than a few here are uninformed.

GW statement
https://youtu.be/7iK7rEOyrZU

Revic usage.
https://youtu.be/DsliBXocv5M


Seems like your posting here is more about pimping your video......
Posted By: adam32

Re: Wells Fargo sues Gunwerks - 05/26/20

Originally Posted by jimy
Originally Posted by Sharpsman
Paying ten grand to have a rifle built is insane! Scam artist to the ‘inth’ degree!


Actually no its not, take 30% for profit and growth, that leaves you 7 grand to work with , @ $125.00 per hour shop rate and you have 56 hours of work time in building a high quality rifle and sighting system that is always ready to achieve a high level of accuracy in any temperatures. Not an easy task.

If you don't need one that's fine, I don't know anyone that needs a Ferrari but they sell as many of them as they can make.

I doubt any of us will get the whole story, and unless you have a vested interest then its really no one else's business but the buyers !

I wish them the best of luck, and still F~ck the banks !


If it takes them 56 hours to put a rifle together then that explains their money issues.
Posted By: Dirtfarmer

Re: Wells Fargo sues Gunwerks - 05/26/20

Actually D'Arcy Echols, Kenny Jarrett and others spend a lot of time developing a rifle, loads, etc, stuff most Loony types would do themselves.

And, those guys charge a real premium, an amount a self respecting Loony would never pay. But, there are those who want the package without doing any of the development or work. Unfortunately, many of those who don't want to do the development, don't want to put in the time at the range. Thus, they end up with more rifle than they can actually use effectively...

I guess there'll always be a market, although probably somewhat limited, for those services.

Maybe some smoke and mirrors included, but "buyer beware" is still a valid warning...

Spending a bunch doesn't make one a competent shooter, may actually be a hindrance, as there's no sub for experience.

Assuming because you have a very expensive rig put together by some guru, you are a LR shooter...

NOT!

DF
Posted By: 16bore

Re: Wells Fargo sues Gunwerks - 05/26/20

Price is what you pay, value is what you get.
Posted By: Rustyzipper

Re: Wells Fargo sues Gunwerks - 05/27/20

So if you don't follow the terms of the loan what happens? I never thought much of Wells-Fargo. Be Well, Rustyzipper.
Posted By: Corvettez06c5

Re: Wells Fargo sues Gunwerks - 07/01/20

you see the press release
Posted By: Fotis

Re: Wells Fargo sues Gunwerks - 07/02/20

Originally Posted by JGRaider
stiffing the gov't out of their taxes will land your happy asss in deep doodoo. They'll be history.


Tell Rev Al Sharpton this~
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