Preacher, Tim LeGendre was the guy behind Lemag. He was from somewhere around Grand Rapids, I think. He was the darling of a couple of gunrags for awhile with his odd toys- the M1 in .45 WinMag and .50AE, which tended to break the stock at the wrist unless you used a synthetic stock, in which case recoil tended to be a little too rough for the shooter. He developed a long and a short recoil piston for them. Writers took their chances on whether or not he'd given them the short-recoil bruiser or the long-recoil pussycat. He also built up a few Garands which fed from a BAR magazine and were chambered up to .338 Win Mag and worked up an AR conversion to a .45 straight-walled case which was somewhere far north of a 45/70 in terms of energetic ballistics.
Haven't heard anything about him in years. The M1 carbine conversion seemed like an interesting idea for lots of folks, but it never really took off. If I were going to do a pistol caliber carbine today, I'd be inclined toward a short AR platform in 357sig or 10mm.
Regards,
Rabbit.