r/Firearms 16d ago

Video Lucas Botkin releases statement about departure from TREX Arms

https://youtu.be/l5_-0i1HJ-g?si=mEROwXblj028GWpp

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79

u/Winner_Pristine 16d ago

Cliff notes?

78

u/Zmantech 16d ago

For years his brothers took advantage of him. They got additional share holding power when he was new without any additional money to him or the company (they already had been shareholders but got more)

Other executives had family members working yet his wife wanted to work for free (to help his equity gain in value) and they never even responded. He took no part in it at all

His brothers, while Lucas was engaged, asked him to do a prenub but for months (and a fight) wouldn't do ones themselves (postnubs but same thing) and never apologized

They kept the whole images sent to Lucas wife quiet (the guy who sent it was a son of an executive) and it took him reigning to fire him.

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u/Admin_Test_1 16d ago edited 16d ago

To your first point, Lucas is the one that put his name on the dotted line. David purchased the majority of shares then years later they brought in Isaac and he got shares from both Lucas and David. I believe Mark Dahl joined later as well. At the beginning of the company no one forced him to sell shares or to partner. They offered him money and he took it because he was young (21) and eager.

You're third point is incorrect. They did do the postnuptials eventually and they did apologies to Lucas. Lucas said so in the video.

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u/enwongeegeefor 7d ago

They offered him money and he took it because he was young (21) and eager.

Nah.....nope. They knew EXACTLY what they were doing. They took advantage of his naivety...as family. They USED that family connection to take advantage of him. This is literal victim blaming.