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Valkyrie Arms closed till when???

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  • Kurus214
    CGN/CGSSA Contributor - Lifetime
    CGN Contributor - Lifetime
    • Mar 2012
    • 478

    Given the few who've posted about collecting money and then taking months it sounds like there were cash flow issues. Typicallly businesses are suppoed to charge a CC within 48 hours of shipment/delivery. It sounds like a number of folks paid in full weeks to months in advance.
    The Bigger the Government, the Smaller the Citizen

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    • qtrxist
      L4K
      CGN Contributor - Lifetime
      • Jun 2009
      • 607

      Ive had great experience with VA. Both at Milpitas and SC.

      There was a little inconsistency when ordering, my price was $200 more than a shooter i know who just had the same gun ordered. Instead, i just used them as FFL to receive my orders and DROS it or SSE if necessary.

      All my ppt or dros was done immediately. Only VA does that. Reeds, sportman supply, TM would take at least 30min. TM to be the worst.

      I wish whoever will take over will still do SSE.
      Caesar salad

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      • Colonel Monk
        Member
        • Feb 2011
        • 366

        Where there's smoke there's fire....

        Originally posted by Eddy's Shooting Sports
        My bad. Yes, for a customer seeking to get his gun and/or money, that post is helpful.

        I was looking at this from a different view, more concerned with underlying reason for the closure of VA. If it is truly internal issues, then its their own business as to why. If there is some sort of audit or regulatory issue being dealt with here then this could have ramifications for other dealers who might be dealing in SSE, rebuild kits, etc.

        Just sayin'
        Yes, I believe you are onto something here...

        The SSE is viewed by DOJ as a total loophole to the laws regarding the handgun roster.

        They don't like this at all, and we were told during our first DOJ udit that doing a lot of SSEs and mag rebuild kits or large cap mags would fly us right into the radar of the DOJ and inspectors.

        I'm not agreeing with the Roster, not by any means as it is VERY detrimental to our business. Nor am I denouncing those who choose to provide SSE services to allow people to skirt the roster.

        But we were warned against this by our inspector. We chalked it up to part FUD and part reality.

        Our inspector offered some anecdote about some SSE dealers that were really really pushing the loophole and the DOJs patience. Out the front door SSE, in the back door remove the parts. Barrel extensions that could not be safely fired, etc. Even some reports of no attempt at making the weapon SSE, just using the exemption being used to put the weapon into somebody's hands.

        He hinted that there was more than one dealer out there that was about to be shut down and it was only a matter of time before the loophole is officially closed....

        All I can say is I'm not that suprised. Seems if you're going to gamble your FFL on SSE you had best make sure to do it entirely by the book.

        Best of luck to the new owners, best of luck to us gun owners here in CA.

        CM
        CM

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        • Valkyriearms
          Member
          • Mar 2010
          • 126

          Some of the speculations in this thread are correct. When the store moved from Milpitas to Santa Clara, a new owner took over. The store was renamed Valkyrie Arms Police Supply and Firearms by the new owner. Tim was on board to help the “new” store. Before being renamed, 10-8 Police Supply was not doing well and Tim was contacted to help with 10-8 Policy Supply’s business. Tim’s advice was not taken and the new owner continued to run the store as he pleased. Tim became less and less involved in the company as time went on, and eventually left. The store started sliding downhill, exponentially in the past weeks. The owner created the recent “inventory & audit” closure to buy time to deal with the situation. Some of us (store employees) stuck around to lend a hand for a short time.

          What was happening that dug Valkyrie Arms Police Supply and Firearms' hole was that many of the firearms orders placed at the Santa Clara store were for items that were out of stock. When many of these items came back into stock (sometimes 2 weeks, other times it was months) the new owner had already spent the money. The new owner disregarded Tim’s advice to keep the money aside for customer orders and other store necessities. Tim and the store employees stuck with it for some time and tried to fix the store and the owner’s habits, but were unsuccessful. Tim signed onto 10-8 Police Supply under false conditions and promises issued by the owner. Tim was told 10-8 Police Supply did not have any debt and that they were making a profit. It was eventually found out that 10-8 Police Supply actually owed debt to various vendors. In the past months, the new owner was taking profits from Valkyrie Arms, which was supposed to be used for customer orders, inventory for the store, and employee pay, and instead used it to pay off his debt, and bills. Tim was supposed to have control on how the finances were handled and used. The new owner did not like how Tim used the money, and decided to transfer the money out of the company’s account. Valkyrie Arms (Milpitas) did have guns on order which were transferred over to Santa Clara; however this was because the guns ordered were harder to obtain. Money from these orders was also spent by the new owner.

          We made it a point never to gouge customers, we wanted to stay competitive. Many of us working there made and became friends with customers and what was happening behind closed doors affected this friendship. We tried our best to get customer their guns, some went as far as using their personal credit cards to acquire inventory, which was quicker than having to use the store’s accounts to order products. Some of us spent time on our days off to track down guns from other dealers, or whoever may have that particular gun in stock. Because of this, we built a good relationship with other dealers. Customer service was a top priority for us. We personally witnessed it lacking at times as things headed downhill. We were proud to hear from customers that we were the friendliest gun shop they had ever visited, and really took pride in that. With the new boss, our morale sometimes dipped and that showed in our customer interactions. We sincerely apologize for the poor customer service.

          It is unfortunate that it has come to this. All the employees have left the company with Tim. Currently, the new owner has been issuing refunds to customers and transferring the guns he is able to. Since Tim is no longer part of the company, Valkyrie Arms Police Supply and Firearms is unable to perform Single-Shot Exemptions (SSE from now on) of off-roster pistols. Those pistols pending DROS (have yet to be registered) are being arranged to be transferred to another FFL that can provide the proper SSE service. Firearms currently in DROS (already registered and in the 10-day waiting period) can arrange a pick up by calling the store and getting in touch with the owner, unless it is an SSE. Upon our parting with the company, it is still undecided what is to be done with the off-roster pistols that require the SSE to be picked up. We speculate that those DROSs will be cancelled and the pistols transferred to a FFL that can re-register and facilitate the SSE.

          This post was much longer than expected. We are simply writing to let everyone know the status of the Santa Clara store. This is a sad and unfortunate event for Valkyrie Arms. All of us were customers at the Milpitas store before being asked to come aboard as employees. Many of our personal reputations were tied to the store, not just Tim’s or “Valkyrie Arms”. We employees never intended to “scam” any of our customers or steal their money. We sincerely hope that everyone involved will be able to reach a resolution. It has been a pleasure working for Valkyrie Arms and meeting everyone that came in, even if it was just to hang out.

          Happy Holidays,

          Valkyrie Arms Employees
          Last edited by Valkyriearms; 12-07-2012, 10:44 AM. Reason: fix typos
          Valkyrie Arms
          07 FFL / 02 SOT

          Comment

          • wilit
            Calguns Addict
            • Dec 2005
            • 5213

            That's an unfortunate situation. The Milpitas store and everyone there was awesome.

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            • vr6veedub
              Member
              • Nov 2012
              • 405

              Thanks for the explanation. Hopefully someone will call me soon regarding transfer of my XDS. Talked to Paul but have yet to hear back that he even found my pistol at all .

              Marc

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              • DDRH
                CGN/CGSSA Contributor - Lifetime
                CGN Contributor - Lifetime
                • Mar 2008
                • 2756

                Thanks Valkyrie Arms, hope Tim can sue the pants off of Naveed dude. That's just wrong.

                Comment

                • gun4hire
                  Banned
                  • Dec 2012
                  • 4

                  The Real reason Valkyrie is shutdown

                  I just saw a post from Valkyrie Arms assuming that is the original owner Tim I have talked to some of the employees personally the story on there and what they are saying are conflicting this post they said a person that loaned Tim money finally claimed it back in the form of taking all the weapons in the store and forced the store to close for a audit due to possible missing inventory this will determine if further action is required


                  I emailed the store and Paul said that all SSE will be transfered wither to Metal Dog Tactical or Tracy Rifle and pistol if those 2 places can't do it a place in Fresno He also said the store should be reopening for normal operation after audit is done whichi might be early as next week

                  as I researched even more when Valkyrie was in Milptas it also faced the same issue so before we go pointing fingers we should be fair and hear all the facts

                  Comment

                  • NorCal Einstein
                    Senior Member
                    • Nov 2010
                    • 1242

                    Appreciate the info Valkyrie. It was hard to imagine that the shop (and employees/owners) we all once knew in Milpitas turned into what is now the Santa Clara store.

                    Maybe somewhere down the road Tim and the original team can setup shop again and provide this area with the gun store we once had.

                    Comment

                    • bacon_lover
                      Senior Member
                      • Jul 2010
                      • 819

                      Originally posted by gun4hire
                      I just saw a post from Valkyrie Arms assuming that is the original owner Tim I have talked to some of the employees personally ....
                      <SNIP>
                      Nice first post.
                      "The American Republic will endure until the day Congress discovers that it can bribe the public with the public's money."
                      - Alexis de Tocqueville

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                      • ptroxx
                        Senior Member
                        • Jan 2012
                        • 2259

                        Originally posted by bacon_lover
                        Nice first post.
                        Really.. Yet another 1 post wonder..

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                        • ronlglock
                          CGN/CGSSA Contributor
                          CGN Contributor
                          • May 2011
                          • 2670

                          Oh boy. I have a 1911 in transit to Valkyrie for SSE. I wonder what's going to happen to it...
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                          • bbogert
                            Member
                            • Nov 2012
                            • 177

                            Originally posted by ronlglock
                            Oh boy. I have a 1911 in transit to Valkyrie for SSE. I wonder what's going to happen to it...
                            I'd reroute it to Metal Dog Tactical if you can - save you a lot of headache. If you can't, you'll have to email refunds.valkyriearms@gmail.com and tell them you want to have it shipped to Metal Dog Tactical (or other) and basically get in line == wait.
                            Last edited by bbogert; 12-07-2012, 12:35 PM.
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                            • ronlglock
                              CGN/CGSSA Contributor
                              CGN Contributor
                              • May 2011
                              • 2670

                              Originally posted by bbogert
                              I'd reroute it to Mad Dog Tactical if you can - save you a lot of headache. If you can't, you'll have to email refunds.valkyriearms@gmail.com and tell them you want to have it shipped to Mad Dog Tactical (or other) and basically get in line == wait.
                              Mad Dog or Metal Dog?
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                              NRA/USCCA/DOJ instructor, NRA CRSO, Journalist

                              Comment

                              • ptroxx
                                Senior Member
                                • Jan 2012
                                • 2259

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