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Archive of posts tagged bankruptcy

Why did KEE buy Smart Parts’ patent portfolio?

Propaintball.com has received an email announcing KEE to have purchased the Smat Parts patent portfolio in its entirety. The brief email did not offer much insight to what KEE aims to do with the acquired immaterial property rights, but after the fall of Smart Parts the speculation around the company remains has been vivid to say the least. First off, the entire bankruptcy proceeding was a long-running “solid” rumor and finally materialized after the 2009 World cup.

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JT Sports going belly up?

Again, we feed off the great stuff View from the Deadbox diggs up – you guys should all subscribe to that.

There has been a few notions that Wal-Mart would not be distributing JT products anymore, and  as JT has received over half of its sales through Wal-Mart, the company suffers a hard blow. Hard enough that it might even be forced to close down. For us older guys, this is really sad bit of gossip as JT and Scott were the first really big equipment manufacturers in the sport and were big contributors in the initial growth of paintball.

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No more Smart Parts?

Looks like the buzz has increased in World Cup about Smart Parts beings in heavy financial difficulties. Among the industry it hasnt been a secret in a while but I’m sure there will be alot of updates to that story after World Cup.

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