Wolfy 51 Posted October 30, 2014 According to Brick's Facebook page they will reopen with a new owner and the state police will get all guns back to the owners. Who is John Galt? I am so excited I figured out how to change my signature. Share this post Link to post Share on other sites
tattooo 220 Posted October 30, 2014 That guy dan is a clown & is a just a buddy of Phil, dont work there or anything....he is full of $h!t Been saying that crap the whole time ....Please dont be nieve & buy into that guys Share this post Link to post Share on other sites
tattooo 220 Posted October 30, 2014 I didnt mean anything bad about him personally, I just feel it is unfair to blow smoke to people who have been burned by Phil & are upset when we have not heard even 1 word directly from Phil or his partner Milton. That is where any updates should come from. Share this post Link to post Share on other sites
silverado427 10,708 Posted October 30, 2014 I hope they honor paid memberships Share this post Link to post Share on other sites
tattooo 220 Posted October 30, 2014 I already cut my membership card up last month....even if someone else buys or however reopens i doubt they will honor the previous owners memberships Share this post Link to post Share on other sites
bry@n 195 Posted October 30, 2014 I hope they honor paid memberships I think if they did it would be nice of them. Technically if there are new owners, they don't owe phil's members anything. It would be nice if they did anything for the former members. Share this post Link to post Share on other sites
Shane45 807 Posted October 30, 2014 Owners of what would be the question. I don't think anyone would buy "Brick Armory". What they may buy are remaining assets from the former company (hardware). For example, if a car dealership closes and was formerly a Pontiac dealership and I buy the lifts, tools, etc etc and make a deal with the landlord, and open a Jeep dealership, it hardly has anything to do with the Pontiac dealership that was there. Share this post Link to post Share on other sites
silverado427 10,708 Posted October 30, 2014 So what are saying, They took out the backstop and extracted the lead to pay the tax bill. Share this post Link to post Share on other sites
raz-0 1,259 Posted October 30, 2014 Owners of what would be the question. I don't think anyone would buy "Brick Armory". What they may buy are remaining assets from the former company (hardware). For example, if a car dealership closes and was formerly a Pontiac dealership and I buy the lifts, tools, etc etc and make a deal with the landlord, and open a Jeep dealership, it hardly has anything to do with the Pontiac dealership that was there. You buy the name. Although at this point, who would want to go into business with the baggage attached to that is beyond me. Share this post Link to post Share on other sites
bry@n 195 Posted October 30, 2014 You buy the name. Although at this point, who would want to go into business with the baggage attached to that is beyond me. While you're correct in most cases, that's not always how it's done. The name Brick Armory is done. Nobody with half a brain would want to have any association with that name. I would think there is a possibility of somebody buying the assets. Not sure if there are assets to even buy. It all depends I guess. Share this post Link to post Share on other sites
Wolfy 51 Posted October 30, 2014 While you're correct in most cases, that's not always how it's done. The name Brick Armory is done. Nobody with half a brain would want to have any association with that name. I would think there is a possibility of somebody buying the assets. Not sure if there are assets to even buy. It all depends I guess. I thought all the assets were seized to pay back taxes. Who is John Galt? I am so excited I figured out how to change my signature. Share this post Link to post Share on other sites
tattooo 220 Posted October 30, 2014 They were. ....the building is empty.....even the garbage off Phils office floor... Share this post Link to post Share on other sites
Shane45 807 Posted October 31, 2014 I would theorize there are assets that the tax dept simply cannot seize and or it is not cost effective to do so but still have value. Share this post Link to post Share on other sites
bry@n 195 Posted October 31, 2014 Is assume they would seize enough assets to cover the tax bill and nothing more. Share this post Link to post Share on other sites
tattooo 220 Posted October 31, 2014 There obviously wasnt enough to cover the debt.... Share this post Link to post Share on other sites
bry@n 195 Posted October 31, 2014 There had to be otherwise they would have removed te range equipment. Share this post Link to post Share on other sites
tattooo 220 Posted October 31, 2014 Read Downtownv, s earlier post...he met with Agent Pisani yesterday. ... Pisani said he is optimistic Phil will pay the remaining tax debt.... Share this post Link to post Share on other sites
Wolfy 51 Posted October 31, 2014 There had to be otherwise they would have removed te range equipment. Phil didn't own the range equipment he had a payment plan. Who is John Galt? I am so excited I figured out how to change my signature. Share this post Link to post Share on other sites
WhiskeyTangoFoxtrot 358 Posted October 31, 2014 Looks like the space is/was up for lease? http://www.loopnet.com/Listing/16536069/1955-Swarthmore-Ave-Lakewood-NJ Worse comes to worse, get enough guys together to start a private club. It would be a shame to see a range with zoning and permits go to waste. Share this post Link to post Share on other sites
bry@n 195 Posted October 31, 2014 Read Downtownv, s earlier post...he met with Agent Pisani yesterday. ... Pisani said he is optimistic Phil will pay the remaining tax debt....Sure because he won't get the guns back. That's what is securing the payment. Wolfy, then action would have repo'd it's range equipment by now. Easier said then done to get people involved to open a range. Share this post Link to post Share on other sites
Shane45 807 Posted October 31, 2014 The value of the hanging steel is in that its already hung, Im thinking. My thought is to deconstruct it, then re-hang it elsewhere would likely exceed its value(which is why it is not a worthy pursuit for the tax man either). The question is, who currently owns it? Is rent in default and now the property owner is now the legal possessor? But these are just my speculations but I am sure it will all become clear at some point in time. Share this post Link to post Share on other sites
bry@n 195 Posted October 31, 2014 Good point, if tent is overdue, then does the landlord have a lien? So many questions b Share this post Link to post Share on other sites
Downtownv 1,775 Posted October 31, 2014 While you're correct in most cases, that's not always how it's done. The name Brick Armory is done. Nobody with half a brain would want to have any association with that name. I would think there is a possibility of somebody buying the assets. Not sure if there are assets to even buy. It all depends I guess. You could reName it Prick armory…. Mr Pisani said ALL the range stuff is still in place. The Landlord Has the keys.... Share this post Link to post Share on other sites
bry@n 195 Posted October 31, 2014 Well that certainly changes things. Share this post Link to post Share on other sites
dajonga 396 Posted October 31, 2014 I see this as a great opportunity for Shore Shot to get into a proper indoor rifle range. Share this post Link to post Share on other sites
DSD1026 48 Posted October 31, 2014 I see this as a great opportunity for Shore Shot to get into a proper indoor rifle range. .........................at 25 yards Share this post Link to post Share on other sites
tattooo 220 Posted November 9, 2014 The range just got sold to cedarbridge shooting supply or something to that effect... That should mean the ransom "tax debt" is paid & they should ffl transfer our firearms back when they reopen .... Share this post Link to post Share on other sites
bry@n 195 Posted November 9, 2014 As to the best of my knowledge, the range has not been sold. Needless to say, once the tax debt would be satisfied, it would be up to Phil to transfer the guns back if he is still holding the ffl license for brick armory. Share this post Link to post Share on other sites
djg0770 481 Posted November 9, 2014 Interesting lead there Tattooo: Using this link I find a "Cedar Bridge Shooting Center LLC" with an original filing date of October 2014. Their entity ID with the state is 0400696131 Share this post Link to post Share on other sites
tattooo 220 Posted November 10, 2014 Good digging gan....we got to stick together to get out stuff back... did you have any firearms there ? Share this post Link to post Share on other sites