May 22nd, 2020

Gunwerks States It Has Settled Lawsuit with Lender Wells Fargo

gunwerks wells fargo bank litigation creditor lawsuit federal court loan payment

Today, May 22, 2020, Gunwerks LLC published a statement on its website, declaring that it has settled the lawsuit brought by lender Wells Fargo Bank. This Official Statement from Gunwerks CEO Aaron Davidson explains that the Wells Fargo credit line has been paid. In addition, Davidson said that Gunwerks is NOT delinquent on Wyoming State Sales Taxes and that there are no late payments to the company’s vendors. The lawsuit was filed in U.S. District Court for the District of Wyoming. View Court Documents HERE.

OFFICIAL STATEMENT FROM GUNWERKS CEO
REGARDING WELLS FARGO LITIGATION

Cody, WY – May 22, 2020

The reports of Gunwerks’ demise are completely false. In fact, we’re crushing it! So far, 2020 has set records for sales performance and profitability, and it only gets better from here!

This week’s report of Wells Fargo filing a lawsuit has gotten a lot of attention. The bottom line is, the litigation has been settled, the entirety of our Wells Fargo operating loan has been paid off, and it is business as usual for Gunwerks.

The Wells Fargo narrative of Gunwerks’ financial distress was untrue. The dispute was never about Gunwerks’ financial condition or late payments, but about a difference of opinion on asset valuation. Within days of filing the suit, it has been settled and the case will be dismissed immediately.

Most of the stories circulating around the social media landscape are just wrong! Here are two good examples: In Wells Fargo’s narrative complaint filed in federal district court, they assert that Gunwerks was delinquent on sales tax payments. This is not true now and has never been true (Check here for a list of current delinquents in WY). They also allege that Gunwerks is late paying vendors. Again, this is untrue. We pride ourselves in dealing fairly with our vendors.

Unfortunately, despite our numerous good faith attempts to resolve the issues with Wells Fargo, the bank chose to file a lawsuit, which has now been settled. Fortunately, we had the resources to pay off the credit line within two business days of Wells Fargo filing suit. Our customers have really supported us this year with record sales. We’re on track to have our best performing year on record.

Gunwerks CEO Aaron Davidson Comments on Litigation

About the Future — New Products
In 2020 Gunwerks will be announcing several new and innovative products that have been in development the past several years. Keep an eye out for an entirely new, next-gen rifle system engineered from the ground up, at least three more Skunkwerks projects, and new optics products and ballistic solutions in the Revic lineup.

The damage to Gunwerks’ reputation from Wells Fargo’s lawsuit will take quite a while to overcome, but with our team and a foundation of innovation and product quality, we see this as a minor incident. We’ve never been more excited about our business!

Sincerely,

Aaron Davidson, CEO Gunwerks

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May 22nd, 2020

ATF Approves Updated Form 4473 for Background Checks

FBI NICS Forum 4473 firearms background check form new

The Federal Bureau of Alcohol, Tabacco, Firearms and Explosives (ATF) is set to release its newest version of the Form 4473. The Updated Form 4473 is used by all Federal Firearm License (FFL) holders to record pertinent information from persons seeking to purchase a firearm or firearms prior to the FFL performing a background check via the National Instant Criminal Background Check System (NICS) or state-approved point-of-contact law enforcement agency. FFLs may start using the new Form 4473 immediately. The FBI intends to start shipping these new forms in July 2020.

CLICK HERE to View Draft May 2020 Revised Form 4473 »

IMPORTANT: Use of the updated Forum 4473 becomes MANDATORY as of November 1, 2020, for paper applications (not using the FBI E-Check system).

The May 2020 Form 4473 includes several changes from the previous version, including:

— The warning at the top of the form includes information about illegal exportation.

— Information on the firearm/s to be transferred is now Section A, which must be completed before the transferee completes Section B.

— The Citizenship information (Country of Citizenship and US-issued alien or admission number) has been moved to precede the prohibitor questions.

— The “County” block has been changed to “County/Parish/Borough” to accommodate Louisiana and Alaska, respectively.

— The “Sex” box has been revised to include a third option of “Non-Binary”. [Comment: Really? And how does this prevent crime? Thank you SJWs.]

— Item 26b, which previously applied to situations in which the identification document did not show the current residence address of the transferee, has been updated to include situations in which the identification document does not include the full legal name of the transferee.

— New item 26c has been included for the recording of official military orders establishing permanent change of station.

OTHER Changes: A detailed summary of ALL Form 4473 changes has been prepared by Orchid Advisers, which provides ATF and ITAR compliance services to manufacturing, distribution, and retail FFLs.

FBI NICS Forum 4473 firearms background check form new

Expected Delivery Dates and Pre-Order Links
Use of the May 2020-approved Form 4473 will be mandatory for all FFLs beginning November 1, 2020. FFLs may use supplies of their current Form 4473s (October 2016 version) until that date. The new Form 4473 and continuation sheets are available for preorder in both English and Spanish. FFLs can expect their preorders to begin shipping in late July 2020. In addition, ATF expects to ship 50-quantity starter packs of the new Form 4473 to all FFLs in late July 2020, and the agency intends to have an updated eForm 4473 up and running during that same time period for those FFLs utilizing the FBI’s NICS E-Check system instead of the paper Form 4473.

CLICK HERE to Pre-Order Revised FBI Form 4473 »

NSSF has ordered both Spanish and English overlays for the new Form 4473 and we will notify our members when they are in stock and available through the member portal. These overlays, which complement an FFL’s compliance best practices, help improve accuracy and completion of this critical form and are available free to NSSF members.

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May 22nd, 2020

Hunting Prairie Dogs in South Dakota — Varminting Video

South Dakota Varmint Hunting Safari

South Dakota Varmint Hunting SafariNever had a chance to hunt prairie dogs in the American west? Then check out this video. Dan Eigen, host of the We Love It Outdoors Television series, ventured to South Dakota for some varmint hunting. Dan teamed up with Varmint Hunter Association President Jeff Rheborg to patrol some South Dakota Dogtowns where things get serious. In the video, you’ll see p-dog hits at distances from 70 yards to roughly 450 yards. The hunters were shooting from portable, wood-topped swivel rests, using AR-platform rifles on X-type sandbag rest. (Rifle zeroing session is shown at the 5:30+ mark.)

Multiple cameras were employed so you can see both the shooter’s POV and close-ups of the prairie dogs downrange. Watch the shooters having fun with a prairie dog cut-out and some Tannerite at the 9:00-minute mark. This guys are having a grand old time sending critters to Prairie Dog Heaven — we think you’ll enjoy the video.

Prairie Dog Hunting Starts at 2:20 Time-Mark in Video:

South Dakota Varmint Hunting Safari

South Dakota Varmint Hunting Safari

NOTE: This video actually covers three sequences: 1) Three-gun training; 2) Prairie Dog Hunting; and 3) Coyote Hunting. The Prairie Dog segment runs from 2:20 to 15:15. If you wish, you can slide the controls forward or back to watch the other segments.

Video found by EdLongrange. We welcome reader submissions.
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May 22nd, 2020

Caldwell Brass Retriever — Handy Item That Saves Your Back

Caldwell pistol rifle cartridge brass rake retriever handle

Caldwell Brass Retriever
Tired of bending over or kneeling down to retrieve your fired cartridge brass? For older shooters (including this Editor) getting down on the ground to pick up brass is tough on the lower back and knees. Here’s a product that makes brass retrieval quick, easy, and pain-free. The Caldwell Brass Retriever works quite well with a little practice, once you apply the correct pressure. While it won’t always grab every fired case, it will capture nearly all, and that can really make the job go much faster.

One owner praises this as a “very good tool” that is “a lot easier on my back.” While it can work on grass, gravel, and hard-packed earth, the unit works best on smooth, hard surfaces. Currently priced under $37, it is a good value.

Caldwell states: “Spend less time bending over and picking up brass at the range and more time shooting. The Caldwell® Brass Retriever picks up brass, saving your back and time. Picking up spent brass is as easy as pushing a mop. The Brass Retriever can pick up rifle and pistol brass quickly and efficiently. The Brass Retriever works anywhere, even on grass and gravel. The retriever comes complete with a roll cage separator that allows you to dump the collected brass into a bucket quickly. It is collapsible as well, making it convenient to transport. The retriever’s handle expands from 28″ up to 57″ tall.”

Caldwell pistol rifle cartridge brass rake retriever handle

Brass Retriever Owner Reviews
Here are Amazon reviews from actual purchases. It’s clear the device is not perfect and can miss a case or two. However, as you can see from the videos, the Brass Retriever does pick the vast major of brass on the ground, sized .223 Rem or larger diameter. This will save time and reduces stress on your back and joints:

“This thing … does a terrific job of collecting the brass from a standing posture quickly and efficiently. It helps to have the cases on a smooth surface like concrete or dirt without a lot of vegetation. But we used it on open desert yesterday and it collected nearly every case with a single pass. It’s now a permanent piece of gear in the stuff we take when target or ground squirrel shooting.” — Hans H.

“This WILL save your back. The only drawback is you can’t overload it with brass. After couple dozen pieces (or less) it will start dropping brass while you’re attempting to collect others. That’s the limitation (one of them). There is a short learning curve (15 min.) in which you’ll learn how much brass is too much And how you need to orientate the wires to pick up the brass. It doesn’t do as well on gravel or high grass as it does on a smooth, firm surface. Even with its limitations, it’s a keeper. Just empty every dozen or so pieces and it works very well. It comes with a wire form that attaches to a bucket for easy emptying. I normally just use my fingers to spread wires and give a shake to allow the contents to fall out. Again not perfect but when used within its design capabilities, it does pretty well. I would buy again.” — Jeff M.

“It’s not perfect. But neither is using a broom or picking it up by hand. Sure, a 9mm might drop out while you’re picking up a .45 ACP. But you roll back over the 9mm and pick it up again. I now pick up my brass in a fraction of the time it used to take me and I stand upright while doing it. I should add the disclaimer that I’ve only used it to pick up handgun brass and it’s picked up everything from .22 LR to .44 Magnum. I have not tried it with rifle brass.” — Johnny C.

Caldwell pistol rifle cartridge brass rake retriever handleSpecialized Tool for .22 LR Brass
NOTE: The Caldwell Brass Retriever is designed primarily to recover reloadable rifle and pistol brass, with case diameters as fat as .223 Rem or larger. Some people state it can be used for smaller .22 LR cartridges too, but there is a much better product for that.

The UniqueTek Rimfire Brass Wizard is optimized for picking up .22 LR rimfire cases. It has a smaller basket with wires spaced closer together. It can also pick up pistol and rifle cartridge brass but will hold fewer cases than the original Brass Wizard or the Caldwell Brass Retriever.

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