Ahhhh... I see. Well, in a nutshell, Imperial Schrade Corporation was forced into bankruptcy dissolution by creditors at the end of July, 2004. In October, 2004, an auction was held in the Ellenville factory where the machinery, tools, office furniture, company knife collection, finished knives and parts, and material inventory was sold. Stewart Taylor bought the IP, Intellectual Property which included the patents and trademarks. Not long afterward, he began importing inexpensive copies of popular Imperial Schrade knives from China, stamped with the Schrade trademarks. The packaging was very nearly a knockoff of the Imperial Schrade packaging (he had every right to do this). The problem was...the packaging includes the American flag, leading buyers (at least on the retail level) to believe they are buying American made Imperial Schrade knives. These first knives were not stamped Taylor. Or China. Since then, I've seen the packaging changed so that at least knowledgable buyers can tell the difference. And the latest knives I have seen have a tiny 'China' stamp on one side.
The good news is that there are still a lot of original Imperial Schrades out there, many still new in the box. And for the most part, they are still reasonably priced, common ones selling for about their last listed MSRP of 2004.
Michael