Was Bowtech about to go under this year?????
#1
Fork Horn
Thread Starter
Join Date: Feb 2003
Location:
Posts: 361
Was Bowtech about to go under this year?????
I heard from a local shop owner that bowtech almost went under this year because they have never paid rolalitys for using the solo cam design and they HAD to make a deal with Escalade sports which it says they did on the website that they made a deal with them. How mcuh if any of this is true about Escalade sports almost sueing bowtech into bankruptcy? Not tring to start anything but I do have a bow on order from them and I like there product but I also would like to know if there a financal problems with the company. I have shot there product for the past 3 years and would hate to think they are in financal trouble.
#2
RE: Was Bowtech about to go under this year?????
Every year around this time, the "Bankrupt BowTech" rumors start up.
I can tell you right now that BowTech is far from going under and is here to stay! Heck, from what I heard, the ATA show was just insane for BowTech! They (BowTech) have risen to the top of the game faster than any other company and they are going to keep growing bigger and bigger every year!
I can tell you right now that BowTech is far from going under and is here to stay! Heck, from what I heard, the ATA show was just insane for BowTech! They (BowTech) have risen to the top of the game faster than any other company and they are going to keep growing bigger and bigger every year!
#5
RE: Was Bowtech about to go under this year?????
I'll second the Diamond archery statement. Not too many companies would buy another company if they didn't have money to play with. Bowtech is growing and growing fast. In fact, I just heard a while ago that in a lot of areas, Bowtech is outselling Hoyt and Mathews by leaps and bounds. Also, from my understanding, as of the ATA show, they are getting more orders than they can make in a months time.
#6
RE: Was Bowtech about to go under this year?????
I heard from a local shop owner that bowtech almost went under this year because they have never paid rolalitys for using the solo cam design and they HAD to make a deal with Escalade sports which it says they did on the website that they made a deal with them.
In other words, Bowtech was never going into bankruptcy.
#7
Nontypical Buck
Join Date: Feb 2003
Location: Onamia,MN.
Posts: 1,375
RE: Was Bowtech about to go under this year?????
I heard from a friends' grandmothers' granddaughters second cousins' buddy in prison that HOYT is selling out to CHAMPION as soon as they can get the money from MATHEWS to get back on their feet--should be any day now[:'(][8D]
#8
RE: Was Bowtech about to go under this year?????
It is a popaganda tactic to try to get you to buy another possibly higher priced bow.
they do this to have you thinking in the back of your mind... what if they do go out of business my warranty wont be worth crap and I cant get my bow fixed.
I hear the same rumor about HCA about this time every year for the past 5 years, guess what, they are still in business.
neither bow manufacturer is going any place.
they do this to have you thinking in the back of your mind... what if they do go out of business my warranty wont be worth crap and I cant get my bow fixed.
I hear the same rumor about HCA about this time every year for the past 5 years, guess what, they are still in business.
neither bow manufacturer is going any place.