Newt got into trouble financially and his daughter and son-in-law tried to help out. It was not entirely successful b/c the hole Newt had dug was awfully deep.
Newt Livesay knives were chronically delivered sharp as a brick and well behind schedule, in some cases YEARS. That's just not acceptable, regardless of pricepoint. I scored an HKR from Jada (his daughter) and sold it without ever using it or bothering to make it sharp. I only have one Livesay in the house at the moment, an Exec Woo, and I'd love to sell it.
He's a nice guy, his daughter really tried to do the right thing, but sometimes you just cannot catch up from that far back.
I hope he's doing okay now. He was never a scam artist, but was a lousy business manager.
Payette, from those of us who HAVE dealt with him, you've been warned. If you want an Exec Woo, the little tanto necker with the micarta handles, contact me, I have one I'll sell you.