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Thanks very much Victor. Most of us had never seen that and probably a great many never knew about the suit.
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Many thanks for posting this Victor - those of us who lived through it sport many dental appliances as a result!
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This has me curious now, what guns were they actually planning on marketing?
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Okay here is a question. How much is the Parker brand or trademark worth? I've worked on trying to value things similar and unless you have an operational strategy, its very subjective. All I do know is that users create value and PGCA is a core group of users. |
To the best of my knowledge, the PGCA is not concerned with the 'value' of such trademarks beyond the identification they lend to our organization.
We are concerned with 'value' only to the degree that certain monies we receive from membership fees, the sale of research letters, raffle gun income and silent auction income allow us to perpetuate our mission of education of things pertaining to the Parker Gun, other Charles Parker enterprises, and related historical facts. . |
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I handled one but was somewhat unimpressed. They planned three or four grades, some highly embellished and some considerably plainer. . |
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I said this before,if it probably wasn't the combined efforts of people that participate with this organization, there would probably be about 100,000 antique Parker shotgun lamps. I would almost dare say its groups of enthusiasts like PGCA that keep significant interest and relevance in still using and maintaining hammer guns with damascus or twist barrel guns. Before coming onto this site I would never have even thought about owning one of those guns, now I am starting to get the bug to try one. :):bowdown: |
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If anyone is interested in reading more about Remington’s PARKER trademark or about the PARKER BROS. trademark that Remington challenged/quashed, I posted some documents on DropBox:
https://www.dropbox.com/sh/lbjmpukes...a3vYSHtCa?dl=0 Does not tell the whole story, but there are some interesting tidbits. -Victor |
No doubt the Parker name could be purchased as part of the Bankruptcy proceedings. Fast work and good Lawyer may be inexpensive. Can’t see the current gun industry being interested .
William |
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Be clear I am not a attorney. My Bankruptcy experience is limited to collecting from defunct customers and how it works depends on a lot.
Generally the court appoints a trustee who is representing the creditors as a group trying to obtain the maximum. He’s just guy trying for the highest price and most times paid a percentage. He does have some deadlines and often late in the process assets go for pennies on the dollar. Other times the opposite. Anybody serious gets in touch and asks how he’s going to liquidate. Trustee will give you the details, that’s his job. William |
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I read enough of your attachment to further inflame my teeth :crying: but beyond that, Just plain quit. |
Kevin McCormack and I had an interesting afternoon at Millbrook a few years ago, inspecting and test firing the new Parker Brothers, Makers over under. I was unable to shoot it, because I was recovering from or preparing for surgery, but Kevin had a good time shooting it. In the intervening years, I lost track of the project, except for going on the website occasionally. I never saw the guns again, never heard from the representatives, although I had agreed to take the gun on the road as a competitor and promoter, if that proposal appealed to them. I'm sure the gun had its positive features, but it was way too busy around the breech with pins, screws to loosen, and crevices to collect dirt and powder residue. I wonder if there are still a couple of them around for research and display?
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Btw did do some research and seems Remington has $1 billion in debt and has delayed filing until Tuesday-ish of this week. They seek to eliminate $700 mil in debt, restructure and then reportedly sale after restructure if they get their way. They gambled miserably on black guns and a certain candidate winning to prompt panic buying. Believe that is liken to mortgaging your house and taking that debt to buy bitcoins. BTW for any snowflakes watching this board, my sincere apology and condolences in advance to you if you find my analogy insulting or it hits to close to home. |
The subject of that suit SHOULD have been that the Parker name was soiled by putting it on an O/U.
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For the benefit of those that have never seen one of these ill-fated Parker Bros. O&U's, here's an advertisement from 2005:
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Crazy what happened to the label?
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-Victor |
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