That reads like bad news to me. Kel-Tec has alot to offer the shooting community. To be sure, the LCP and P3AT are very similar, save for the slide stop on the LCP. Kel-Tec makes some sweet small caliber "assault" style weapons and it would be a shame to lose some of their expertise and business philosophy under the management of Ruger (as good a company as Ruger is). I'm anxious to know if this rumor is true.