Who Owns Colt Firearms?

One of the most wanted men in America right now is none other than Arnold Scott Colby, the self proclaimed “king of guns”. In the mid 90’s, he bought a plot of land at a Federal Reserve Bank and began to make his mark on history by manufacturing his own company that made his own line of ammunition. The name of the company that Colby founded was called Remington, and it would be his mainstay for the next ten years. This would be the company that would change the way that hunters were introduced to high capacity cartridges. So who Owns Colt Firearms?

who owns colt firearms

One of the largest corporations in America is Merck & Glickerman, a pharmaceutical firm that developed medications such as Vaxamine and Lofex. In 2002, Merck was purchased by Hoffman-La-Roche, which is one of the top pharmaceutical companies in the world. One of the first products that was manufactured under the acquisition was a compound known as Sendaz, which sends waves of electricity through the heart. The Sendaz Company, like several other companies in the research and development field, quickly discovered that the compounds composition of the gun powder and its bullet made the rounds much more rapidly than traditional powders and bullets. After this discovery, Sendaz was quickly embraced into the world of firearms and soon, the world learned who Owns Colt Firearms.

The first company that became involved in sending shock waves through the gun powder and its bullet with the help of Sendaz was Piranha, Inc. The owner of Piranha, Inc., was a young man named Michael Blair. Michael spent much of his early years working as a salesman for a company called Remington. After leaving the company, Michael decided that he wanted to start his own company, so he went out and started to develop new technology that would aid in the booming business of hunting. Because of his experience selling Remington rifles to law enforcement agencies, he knew that the power of sending impulses through the bullet and the powder, that send the pellets out at incredible speed, would be an excellent benefit to hunters.

Michael Blair brought the idea to his boss, whom he met while doing a job at Remington in 1997. In fact, he had to convince his boss that his new product could be successful; however, his boss was not convinced that his idea would fly. He told Michael that he believed that a bullet that sending out radio frequency waves, like the ones sent by the internet or cell phones, would be a big misfit for a hunting rifle. Michael responded by saying that, if his bullet did not send radio frequency waves, it would not be effective hunting equipment. According to Michael, his boss was not sold, and instead suggested that he come up with a better way to explain to his clients that his new product was not a rifle but a “gunpowder chemical.”

In the summer of 2013, Michael and his friend contracted lawyers from a New Mexico law firm who specialized in solving gun violence cases. They were determined to find out who owned Stoner (or Fatum) Rifles, as they were sure that someone was selling them to the wrong person. Because the attorneys did not want to locate their own client, they hired a private investigator to help them. The investigators did an extensive search of internet sites where people advertise their Stoner rifles for sale. They noticed that the ads were being sent from a Gmail account and a personal laptop. Armed with this information, the lawyers confronted the owners of the websites, who were evasive andasive, at first.

The Stoner that malfunctions is actually Stoner #2, which was manufactured in 1825 by David Dalquist. One of the guns owned by Michael Blair is a carbine rifle manufactured by this man. According to Michael’s father, Michael worked for the Genome Technology Corporation (GTC), where he manufactured a low recoil Stoner rifle that malfunctioned after it was fired. When confronted by Michael’s attorney, he produced another carbine rifle that he claimed was his. Because no records were available to verify ownership of the carbine rifle, the attorney ruled that it could not be satisfactorily proven that Michael had been the owner of the carbine rifle.

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