Leinad
During the 1980s, Wayne Daniel and John Carpenter were the head of a well-known firearms company called Cobray. Their company was well known for their MAC series pistols and Street Sweeper shotguns, but after legal problems including bribing public officials, drug charges, and ATF investigations, the two partners separated and the company was dissolved, according to the Violence Policy Center. Wayne Daniel then began his own firearms company cleverly named Leinad (Daniel spelled backwards) out of Ducktown, Tennessee. This new company gave rise to these little gems- the Leinad Derringer.
The owners of Leinad chose to change the company name and sell the company to Sylvia’s son, Shane Arrington, because of the changes in the gun laws and the divorce of company founders Wayne and Sylvia Daniels. The Cobray Trademark is registered to a privately owned company in the US. They continue to manufacture parts and accessories, as well as multiple firearms.