@qezj152 Same circumstances for me also, ordered 9/1/21. Paid in full too!! My son thinks I'm crazy, bad part,,, beginning to wonder that myself.
People need to check out the Facebook Automag page!!
If true, which I would bet on. Chapter 7 filed on on Feb 14. Which means those of us who paid in full, be lucky to get pennies on the dollar. I hope karma gets them!!
This topic is being discussed over on amtguns.com. Patrick and Auto Mag Ltd did not file for bankruptcy. The investors who have already had two failed hostile takeover attempts are now trying to force Auto Mag Ltd into bankruptcy. it’s my understanding that Patrick wants Auto Mag Ltd to continue as a company and get back to gun production, but the investors want their money now and are forcing the bankruptcy issue. This is just me relaying my interpretation of the information on amtguns.com but you could go to the site yourselves and read the information. It seems most likely that no guns will be produced anytime soon, as these legal proceedings are likely to drag on.
@mtn_eagle well, if i made a ass out of myself, I do apologize!!
3 &1/2 yrs, and my patience is getting thin. I ordered the gun after surviving 10 days in ICU from covid in 21. As a prize for surviving that ordeal. Just frustrated with the mess!!
@mtn_eagle No offense intended, but your interpretation is factually incorrect. Please do not contribute to spreading rumors.
@elizawinbaum No offense taken. If information I gathered from the AMT forum is incorrect, I would like to know the truth. Like everyone else, I’m in for a chunk of change and feeling frustrated by a lack of information. Are you at liberty to share what you know about the situation?
@mtn_eagle Unfortunately not at this time. There ARE things happening behind the scenes that will hopefully become public knowledge soon enough, and perhaps for the first time in a long time there appears to be an end in sight to all of this. What I CAN say is nobody in these forums is being given good information, which is causing everyone to flail and fill in the gaps on their own. The other thing I can say is: if you have purchased an Automag and haven't heard anything about the status of your gun, do not lose hope.
I know it sucks to have no answers and no transparency, but as long as this company isn't forced into bankruptcy, there is a small group of individuals that remain determined to see those orders fulfilled when possible to do so. If it IS forced into bankruptcy, there are two groups who are almost guaranteed some heartburn (to put it lightly): the customers who still don't have their guns or refunds, and the people who stepped in to fund production of those guns several years ago.
"Hold out hope" and "remain patient" isn't what anyone wants to hear, but it's the best advice I can give right now considering the circumstances.
Called Loris today. “We are sorry, this number is temporary disconnected…”. Click.
Patrick Henry, can you please update us??
Very tragic, I believe I may have received literally the last refund if not one of the very last. I talked to Patrick and another guy who talked me out of it, but after sleeping on it I called back for a refund anyway.
keep in mind that Patrick did not retain an attorney during this lawsuit, and that certainly tracks with a bankruptcy.
@elizawinbaum why are you saying that this isn’t what’s happening? Everyone is posting links to the bankruptcy filing on facebook
Looks like theyre done!
Called them and phone lines are dead!
Is there any information about the assets being liquidated and that timeline ? I have to wonder what it's all worth. Sure hope a person or company that needs a write off... steps up and buys it all and resumes production.
Yeah, I know. Pipe dream...but I can wish 🙂
