MRC,
The sale was from existing ownership to an existing firearms manufacturer -- no bank or creditors involved. It was a voluntary sale, not a forced sale. However, your point that any deal like this involves a lot of lawyers and manuevering, and is not a fast process, is still true.
Bobsmith,
My information comes direct from Eric Rohrbaugh, pursuant to a limited statement of information he was permitted to release publicly. The sale is a signed and done deal, and part of the deal is that Karl and Eric are very limited in what they can say about the transaction. They don't have any control over the details or schedule of the transition at this point.
As said previously, the factory is being relocated. The relocation is in progress. At some point, business will resume in Pineville, NC, and parts and warranty service will be available. I should know as soon as things are up and running and I will certainly let the forum know.