Tactical Firearms (Katy, TX) being "forced" out of business?

[Tejano Scott]

That's not important. Does he still have access to the sign out front? He loses that he loses everything :-)

Absolutely EPIC post. Nominee for post of the year. I had to calm down and compose myself just to type this email.

 

[SC-Texas]

The next question is will Icon bank delay foreclosure with the receiver in charge

 

[Lumberjack98]

Alcede was on am700 this morning saying that they declared Ch 11 bankruptcy and will remain open.

 

[matefrio]

Alcede was on am700 this morning saying that they declared Ch 11 bankruptcy and will remain open.

Doubt we can rely on the news from him. He's almost delusional at this point. My bet, based on Facebook comments is that he's threatening to declare, and hasn't taken any formal steps that direction.

Guy is drowning and holding to anything that looks like it'll float taking it down with him.

http://ksevradio.com/hosts/chris-salcedo

6-30 7am podcast.

 

[benenglish]

Doubt we can rely on the news from him. He's almost delusional at this point. My bet, based on Facebook comments is that he's threatening to declare, and hasn't taken any formal steps that direction.

The truth is a Pacer search away. I'm not willing to use my account for this, considering that the cost per page is ridiculous now that I'm retired. (Frankly, I haven't been on Pacer in a couple of years.) Perhaps someone on here has agency or commercial access that they can use to search recent Southern District filings.

 

[SC-Texas]

How can Jeremy file chapter 11 if a receiver has been appointed?

Jeremy would have no standing or authority to take the LLC into bankruptcy

 

[SC-Texas]

Ctli, Llc


Court Texas Southern Bankruptcy CourtCase number 4:14-bk-33564Assets$0 to $50,000Liabilities$0 to $50,000JudgeJeff BohmChapter 11Filed Jun 27, 2014Type voluntaryUpdated Jun 30, 2014Last checked Jun 30, 2014
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Parties
Debtor
CTLI, LLC
1200 S Mason Road
Katy, TX 77450
HARRIS-TX


Represented By
Kimberly Anne Bartley
Waldron & Schneider, L.L.P.
15150 Middlebrook Drive
Houston, TX 77058
281-488-4438
Fax : 281-488-4597
Email: kbartley@ws-law.com


U.S. Trustee
US Trustee
Office of the US Trustee
515 Rusk Ave
Ste 3516
Houston, TX 77002
713-718-4650


Docket
Jun 27 #1 Chapter 11 Voluntary Petition. Fee Amount $1717. Filed by CTLI, LLC. (Bartley, Kimberly) (Entered: 06/27/2014)
Jun 27 Receipt of Voluntary Petition (Chapter 11)(14-33564) [misc,volp11a] (1717.00) Filing Fee. Receipt number 15933954. Fee amount $1717.00. (U.S. Treasury) (Entered: 06/27/2014)

 

[SC-Texas]

So . . . Wonder if Coe filed this or the receiver?

 

[SC-Texas]

More awesome from Jeremy . . . . He is claiming the attorney lied and he is going to show all the lies . . . .


And even better . . . .
funny . . . . I just got banned from posting on tactical firearms facebook page.


I posted the bankruptcy news . . . . .


Lol. Someone should post that bankruptcy info back up.


I guess that's part of the big announcement and I stole his surprise . . . .

 

[Tejano Scott]

Lol. Good work Sean.

 

[SC-Texas]

I wonder why he doesn't want his people to know he delayed the foreclosure by filing a chapter 11 bankruptcy?

 

[SC-Texas]

Holy shit . . . . Just thought of this!


Crap . . . . If he filed bankruptcy . . . . All those people who have cans in transfer just became unsecured creditors!

 

[benenglish]

So . . . Wonder if Coe filed this or the receiver?

If I were appointed receiver in a situation like this, so close to certain bank deadlines and without sufficient time to even understand what was going on, I would immediately file for bankruptcy protection.

 

[TXARGUY]

Holy shit . . . . Just thought of this!


Crap . . . . If he filed bankruptcy . . . . All those people who have cans in transfer just became unsecured creditors!

Definitely not good for those guys. Don't those cans already "belong" to the purchaser? Having already paid for a serial numbered tangible object that exists in the possession of Tactical Firearms?

 

[matefrio]

More awesome from Jeremy . . . . He is claiming the attorney lied and he is going to show all the lies . . . .


And even better . . . .
funny . . . . I just got banned from posting on tactical firearms facebook page.


I posted the bankruptcy news . . . . .


Lol. Someone should post that bankruptcy info back up.


I guess that's part of the big announcement and I stole his surprise . . . .

He announced the bankruptcy on the radio. Not much surprise there. As for facebook. He's been putting up a BS screen for a bit.

SC-Texas, he also knows ya.

 

[PhulesAu]

As seen on TV. Announced this morning on Fox 26, going to build Ammunition plant. possibly to go into BAE system plant in Sealy.

 

[BG1960]

What a nutcase. What's next? Jeremy Alcede has MH350 in his backyard?

 

[Southpaw]

As seen on TV. Announced this morning on Fox 26, going to build Ammunition plant. possibly to go into BAE system plant in Sealy.

I was just going to comment on this here. I went over to his FB page and see no mention of nothing else but the ammo plant.

Tactical Firearms will deal with ammo shortage by making it themselves! Just announced plans to open huge manufacturing plant in the area. Will make minimum of 1 million rounds per day. 350 new jobs when plant opens up before end of 2015.

What ammo shortage????
What a buffoon!!!

 

[SC-Texas]

So . . . He is the largest firearms dealer in Texas now?


He is now an ammunition manufacturer?


Okay, so now he is going to take over the bad systems plant to produce ammo?


Has all to tools and equipment? But can't get financing for his 6.5mill loan on his store and range?


All out of chapter 11. Well stranger things have happened.

yeah . . . . This gets stranger and stranger.

He he missed the boat on the ammo bubble.

i wonder whose machines he will be using to make the ammo?

where will he get the components from?

the financing?

 

[TXARGUY]

i wonder whose machines he will be using to make the ammo?

where will he get the components from?

the financing?

The voices....


Surely the voices will finance him.

After all, it was their idea.