Wednesday, April 27, 2016

Kriss Group SA in financial trouble, but not Kriss USA

Kriss Group SA is seeking bankruptcy protections for its 3 Switzerland subsidiaries, but Kriss USA is not in trouble.

Kriss Group SA did not get a contract with a foreign government which affects the Switzerland subsidiaries. Kriss USA will take charge of all business activities including those of Switzerland subsidiaries.

From: The Firearm Blog,