Hasbro loses molds and patents after a while, that time was long ago. The crossbow is discontinued and Nerf sold its last crossbow a long time ago. You should knock some sense into your friend.
Hasbro didn't lose anything. Haven't you ever wondered why we have never seen a knockoff Crossbow, but a konckoff of the NF. Maverick, TTG, and a watergun version of the LnL? The molds are never lost, they are copied by studying the blaster this have intentions of cloning.
As for patents, copyright laws also apply, but they have lost neither.
"The term of copyright for a particular work depends on several factors, including whether it has been published, and, if so, the date of first publication. As a general rule, for works created after January 1, 1978, copyright protection lasts for the life of the author plus an additional 70 years. For an anonymous work, a pseudonymous work, or a work made for hire, the copyright endures for a term of 95 years from the year of its first publication or a term of 120 years from the year of its creation, whichever expires first."
"Under recent changes in the laws, in the United States patents are now granted for a term of 20 years from the date of application (14 years for design patents). Different rules apply for patents covered by applications filed before June 8, 1995. Patents may be extended only by a special act of Congress (except for certain pharmaceutical patents)."
They have lost nothing. Anything you see of theirs that has been cloned and copied is a result of China's lax enforcement of Copyright and Patent laws. When CS was over there, he had seen Nerflike blasters in one of the towns he was in.
Now, to address skatah's friend, he is completely full of shit. And to skatah, when you posted this thread, did you not realize that you would get flamed by everyone? Without photographic proof, no one will believe it, even if there was a slight chance of it being true. He most likely got a BBB. There is no order list that has the Crossbow on it. If there was even a remote chance that they were producing them again, don't you think that OMC would have known about it and let us know. Finally, why would people still be buying them for so much money if you could just order one?