Monday, May 25, 2015

Smart Gun Company Touted By Democrats Files Chapter 11-Style Restructuring



Smart Gun Company Touted By Democrats Files Chapter 11-Style Restructuring
by AWR Hawkins 24 May 2015
On May 20, smart gun manufacturer Armatix admitted they have entered into “chapter 11-style restructuring proceedings in Germany.”

Armatix makes the iP1 smart gun, which Democrats raved about and pushed to mandate as the only gun that could legally be sold in New Jersey in 2014. Democrats were joined in this effort by gun control groups like the Brady Campaign to Prevent Gun Violence.

The iP1 is only chambered in .22 long rifle and costs $1,800 per gun. The .22 lr is a meager round for self-defense coupled with a price tag that is over three times the amount Americans pay for .45 caliber Glock, and nearly four times the amount Americans pay for a .38 Special polymer revolver from Ruger.

In addition to these things, the iP1 is synchronized with a watch and will not fire unless in the hands of the person wearing the watch. Breitbart News has previously reported that this is not all that smart. For example, if Adam Lanza’s mother had owned an iP1 on the morning of December 14, 2012, it is likely he would have simply stolen the watch and the gun when he stole other weapons from his mother.

With the watch in his possession, he would not have been prevented in the least from carrying out his heinous criminality.

For these and other reasons, Democrats and the Brady Campaign’s smart gun push met stiff resistance. And Armatix is now in “chapter 11-style restructuring.”

According to Fortune magazine, this news comes after Ernst Mauch, Armatix co-managing director and head of technical operations, “abruptly parted ways with the company” on April 20. “Mauch is an eminent weapons designer who had worked for more than 30 years for Germany’s Heckler & Koch, and his presence at Armatix had leant the company technical credibility.”

Although an Armatix spokesperson describes the “chapter 11-style” proceedings as “a corporate restructuring, not an insolvency proceeding,” and said the company “will continue operations and does not anticipate any changes to its majority shareholders,” Armatix did cancel a planned presentation to a “smart gun technology fair” this past week in New Rochelle, New York.

Brady Campaign to Prevent Gun Violence
Michael D. Barnes was the president for the Brady Campaign to Prevent Gun Violence, and a senior of counsel for Covington & Burling LLP.

Note: Eric H. Holder Jr. was a partner at Covington & Burling LLP, the attorney general for the U.S. Department of Justice, a board member for the American Constitution Society, and an intern at the NAACP Legal Defense & Educational Fund.  
Open Society Foundations was a funder for the American Constitution Society, and the Carnegie Endowment for International Peace (think tank).
George Soros is the founder & chairman for the Open Society Foundations.
Foundation to Promote Open Society was a funder for the NAACP Legal Defense & Educational Fund, the Sundance Institute, the Carnegie Endowment for International Peace (think tank), and the Roosevelt Institute.  
Mario M. Cuomo was a board of adviser’s member for the American Constitution Society, and Maria Cuomo Cole’s father.
Maria Cuomo Cole is Mario M. Cuomo’s daughter, married to Kenneth D. Cole, and a trustee at the Brady Center to Prevent Gun Violence.
Kenneth D. Cole is married to Maria Cuomo Cole, and a trustee at the Sundance Institute.
Patricia E. Mitchell is the vice chair at the Sundance Institute, a board member for Global Green USA, and an honorary board member for Green Cross International.
Global Green USA is a US affiliate of Green Cross International.
Green Cross International
Honorary Board
Board of Directors
Mikhail Gorbachev, Founding President
Robert Redford is the founder & president of the Sundance Institute, an honorary board member for Green Cross International, and a member of Kappa Sigma.
Ted Turner is an honorary board member for Green Cross International, a member of Kappa Sigma, and a co-chairman for the Nuclear Threat Initiative (think tank).
Mikhail Gorbachev is the founder of Green Cross International, was the general secretary for the Communist Party of the Soviet Union, and the president of the Union of Soviet Socialist Republics (USSR).
Carnegie Endowment for International Peace (think tank) was a funder for the Nuclear Threat Initiative (think tank). 
Jessica Tuchman Mathews is a director at the Nuclear Threat Initiative (think tank), was the president of the Carnegie Endowment for International Peace (think tank), a director at the American Friends of Bilderberg (think tank), and a 2008 Bilderberg conference participant (think tank).
Ed Griffin’s interview with Norman Dodd in 1982
(The investigation into the Carnegie Endowment for International Peace uncovered the plans for population control by involving the United States in war)
Alger Hiss was the president of the Carnegie Endowment for International Peace (think tank), and attended the Yalta Conference with Franklin Delano Roosevelt (FDR).
Joseph Stalin attended the Yalta Conference, and the premier for the Union of Soviet Socialist Republics (USSR).
Franklin Delano Roosevelt attended the Yalta Conference with Alger Hiss, and his son was James Roosevelt.
James Roosevelt was Franklin Delano Roosevelt’s son, and Anna Eleanor Roosevelt’s father.
Anna Eleanor Roosevelt is James Roosevelt’s daughter, the chair for the Roosevelt Institute, and an advisory board member for the Wheelchair Foundation.
Mikhail Gorbachev is an advisory board member for the Wheelchair Foundation, the founder of Green Cross International, was the general secretary for the Communist Party of the Soviet Union, and the president of the Union of Soviet Socialist Republics (USSR).
Robert Redford is an honorary board member for Green Cross International, a member of Kappa Sigma, and the founder & president of the Sundance Institute.
Kenneth D. Cole is a trustee at the Sundance Institute, and married to Maria Cuomo Cole.
Maria Cuomo Cole is married to Kenneth D. Cole, Mario M. Cuomo’s daughter, and a trustee at the Brady Center to Prevent Gun Violence.









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