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NONoNO....I know where the website is....I ordered a case of 303...on Dec 8th....they emailed me that they are placing my order......I have NOT heard since....I have been calling them since the 15th.....they don't answer any of their phones....their so called new 800 number is a crank call message....that's what I'm talkin about.
 

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Anybody know???What happenned to SAMCO?Did they go under?I must have been sleepin?

http://miami.suntimes.com/mia-business/7/97/354388/miami-arms-dealer-reportedly-files-chapter-7




Samco Global Arms, which has a warehouse full of firearms and ammunition in Miami, filed Chapter 7 liquidation, the South Florida Business Journal reported. The company, which is led by President Guhlam Jilani Dossul, entered Bankruptcy Court on Dec. 7. It listed assets in the range of $1 million to $10 million, and liabilities in the same range.
 

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I'll have to keep an eye out on the APEX website for Swedish Mauser parts and accessories....as if I don't spend enough time there already...
 

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This is about as much as is out there on bankruptcy: South Florida Business Journal, December 9, 2015

Samco Global Arms, which has a warehouse full of firearms and ammunition in Miami, filed Chapter 7 liquidation.

The company, which is led by President Guhlam Jilani Dossul, entered Bankruptcy Court on Dec. 7. It listed assets in the range of $1 million to $10 million, and liabilities in the same range. It leases the 72,948-square-foot warehouse at 4225 N.W. 72nd Ave., where it houses its merchandise.

According to its website, Samco Global Arms has supplied firearms, ammunition and accessories since 1981. Its bankruptcy attorney, Allison R. Day in Miami, couldn’t immediately be reached for comment. Typically in a Chapter 7, the assets of the debtor are sold off.

In July, Ronald Joseph Martin filed a lawsuit in Miami-Dade County Circuit Court against Dossul and Samco Global Arms claiming that he should be awarded 70 percent ownership in the business, which he’s been involved with since 1985. According to the complaint, one of the company’s largest customers in the 1980s was Longlac Enterprises, which had a firearms warehouse in Honduras. After a 1994 political regime change in Honduras, Longlac was denied access to its firearms warehouse and couldn’t sell the inventory for Samco, says the complaint. Martin claims that he funded the legal action that allowed for the lien on those firearms to be released in 2003 so they could be sold.

Martin’s lawsuit claims that Dossul mismanaged Samco’s business and used it to fund unauthorized personal expenses, such as tuition, debt repayment, leisure travel and personal meals for his family members. He claims that Dossul has refused to recognize him as the majority owner.

Dossul signed the Chapter 7 petition. Martin did not.

Marko Cerenko, who represents Martin in the lawsuit, couldn’t immediately be reached for comment.
 

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Browsed the inventory...

I downloaded and browsed the inventory, almost 500 pages of stuff. LOTS of bolt action surplus rifles. Looks to be a few groups of interesting collector guns like 98K, SMLE, m1 carbines, SKS and Moisin Nagants. Thousands of M1916 Spanish rifles.

I was very surprised to NOT see a bunch of machinegun related stuff. In my brief review I didn't see any at all, but it was a quick look.

Interesting. Wonder how it will play out.
Joe
 

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hope you did NOT Pay yet!!! Who is bidding ill bid $100.00 like to pics
link to auction http://www.stamplerauctions.com/auction/280410/samco-global-arms-firearms/#detail-tabs-morephotos

NONoNO....I know where the website is....I ordered a case of 303...on Dec 8th....they emailed me that they are placing my order......I have NOT heard since....I have been calling them since the 15th.....they don't answer any of their phones....their so called new 800 number is a crank call message....that's what I'm talkin about.
 

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Looking at the list, some of that stuff has been in inventory for 30 years. I would think it would be better to lower the prices some and move the inventory rather than just keep paying the carrying costs year after year after year.
 
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