Re: *Announcing the 2009 Sniper's Hide Build Rifle *
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: LiteTac</div><div class="ubbcode-body">Here is the update.
Bottom line is that I bit off more than I could chew with this project. I was hoping to jump start my business with the group buy and produce a rifle of my own design at the same time. With all of that, I have overwhelmed myself.
The actions that I am currently taking to remedy this situation are as follows:
1. I have hired a business manager that will help keep things on track, as well as keep me on track with the SHR build. Beyond this build, he will keep the business focused to provide continued improvement of lead times and product releases.
2. I am bringing in a bunch of capital to help cashflow issues that I have encountered. Despite popular belief, It has taken way more cash to produce this rifle than will be generated by the total sales of the buy. I am ok with that, but it will take a few years of sales to recoup my investment.
3. I am getting help locally to finish out the SHR project. My goal is to finish all of the rifles by the end of August.
Just to show that I have not run away with your money. I have substantial investment in outside parts including stocks, barrels, etc. I over purchased to try to anticipate finishing out the build. Not all of the parts are included in the images, but most are.
I want to thank everyone that has continued their support in spite of the lengthy build time.
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