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Charles Daly Out of Business

Activities and Exhibits

On Friday, that question was answered on the Charles Daly website (www.charlesdaly.com) in a brief statement from K.B.I, Inc. President Michael Kassnar:

"To all our friends, fans, supporters and consumers of Charles Daly and by extension, KBI products, I regret to inform you that the rumors of our demise are true.

KBI is going out of business and closing its doors, effective today, January 29, 2010."

Although no detail was provided, Kassnar said there were a "multitude of events over the past five years" that had contributed to the company's "current situation."

As far as service, Kassnar's message says "we are currently negotiating with several companies that will be performing after-sale service of Charles Daly, CD Defense and Jericho firearms." Details, according to Kassnar's message, would be posted at such time as they were completed on www.charlesdalyforum.com.


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