"Inspired by S&W" and Belgian Liege mark is true. There were many of those "inspirations" made well up into the 1930s - cheap copies with simple mechanisms more like Iver J and H&Rs but many of poorer quality. I have had one that was very well made - the only good one I ever saw. As a kid I used to get a flyer "Galef's Go Getters" by J.L. Galef in Philadelphia, I think, that offered a Spanish version in .44 Special for $4.50.