Group Buy on Lake City 08 .223

[Grizzly_A]

Has anyone considered a group buy on ammo? $35,000 for 100,000 rnds of M193? That's 100 people spending $350 for 1K ammo.
Details were below. Does anyone know anything about this website/deal?

<broken link removed>

I don't have $35,000 to spend on ammo (i wish).

*******************************
• 2008 Production
• Lake City Brass
• 55 grain
• M193 Ball
• NATO Stamp
-
AVAILABILITY
Available in minimum orders of 1 pallet which consists of:
• 100 cases ea w/ 1000 rounds (cardboard box)
• (20) 50/rd boxes per case (Ammo Works label cardboard box)

** FREIGHT INCLUDED ON MOST BULK ORDERS!!!

Read More

 

[CatCow]

Says Lake City brass, doesn't say made BY Lake City.
I'm suspicious.

 

[Wierzbowski]

$0.35/round doesn't seem all that low to me. That's the price I got it at Bi-Mart for last week, and I don't have to buy 1k at a time.

I love Bi-Mart.

 

[Unka-Boo]

Google ammoworks and read away......

not so good.....

 

[Grizzly_A]

Hmmm, ok so maybe not so good a deal?

What was on sale at Bi-mart for $0.35/rnd? Rem UMC or American Eagle?

 

[xm193]

surplus ammo

 

[Wierzbowski]

Hmmm, ok so maybe not so good a deal?

What was on sale at Bi-mart for $0.35/rnd? Rem UMC or American Eagle?

American Eagle. Mine was headstamped LC 08.

<broken link removed>

 

[daddio]

Doesn't sound all that bad. Try to find ammo just about anywhere right now. Every online ammo store I know of says "out of stock".

 

[ORBrit]

Wouldn't touch it with a barge pole. The affiliated company is under investigation for defrauding the Pentagon. Would you trust them to follow through on a pallet of 100,000 rounds .223 dumped on your driveway if they weren't in fact LC surplus?


http://rawstory.com/news/2008/22yearold_arms_dealer_under_investigation_established_0328.html

I already researched this - I was going to split it 50/50 with my business partner and sell it off for profit then ran into the articles all over the internet.