The truth about the HPA and 41F? Can we, as Gun Culture 3.0, handle the truth? Its not as done a deal as we were led to believe! Kel said it. Now I'm saying it
What is the truth? The truth is that it is unlikeky that the HPA will reach the President's desk anytime soon.
Gemtech's CEO, Ron Martinez, a member of the ASA board, has been saying that HPA isn't a done deal for several months.
Now that Silencerco has laid off a large percentage of its workforce, it looks like Mr. Waldron is finally admitting that the HPA isnt as done a deal as they led us to believe. Maybe they should have fought to defund 41F before it was implemented on July 13, 2016 instead of telling everyone the Hearing Protection Act was a done deal.
The reports I have received from across the industry, both on the manufacturer and retail level since July 13th is that suppressor sales are way down. It's my understanding that SHOT show, while heavily attended, did not result in the usual number of orders.
Kel Whelan commented that "41F is the true killer of sales from the existing customer base. "Waiting for HPA" is a lot of noise from potential new customers that weren't going to buy anyway, but might if things got cheaper. The one-two punch of both of these factors make it look like the sky is falling, but you have to discount a lot of the newbie HPA wishers. They weren't going to factor into normal sales velocity regardless."
The increased demand for silencers in the months preceeding the implementation of 41F coupled with the irrational exuberence of the imminent passage of the HPA likely spurred some manufacturers to take on additional debt to expand their production capacity. The apparent bet was that the HPA would pass in the first 100 days, which would have lead to a second surge in demand as new buyers entered the newly deregulated market. When this didn't happen, all that debt still had to be repaid. Repaying the additional debt may be hard with sales slow as they are.
All of us want the Hearing Protection Act to reach the President's desk and be signed into law. However, those who are waiting to purchase a suppressor are going to be waiting a long time.
If you have friends who are waiting purchase their first suppressor, tell them they need to start the purchase process. This waiting for the HPA coupled with the additional impediments imposed on the purchaser by 41F is killing the industry.
We, the owners, retailers and manufacturers should have fought to defund 41 before July 13 and then we could have worked on the HPA without the pressure that the industry faces. Its not to late to kill 41F. Congress can defund it. We can work on HPA concurrently.www.TexasGunTrust.com http://www.thetruthaboutguns.com/201...t-a-done-deal/http://www.ar15news.com/2017/02/13/s...s-perspective/