I suspect that this gun was only made for one or two years. Panics and crashes of the period were frequent and many small manufacturing companies were underfunded. One bad run on the banks and they were gone. Sold to another or auctioned off to settle debts and perhaps never seen again.
What I think is funny is the high serial number of 11,247. Hard for me to accept that 11,000 plus of this model were ever made. But maybe that is not fair, as they were a lower priced gun and the market to "farmers" was much greater, in this price range, than for a gun that sold for several times this price. This makes the fourth one that I have seen, so they are not rare, just not a major part of the used American Klunker market like Crescents.
