I'm posting this in a separate message as I wanted to explain a bit about the CSAAA and what is going on with many dealers.
There has been a lot of talk about the CSAAA today. I'll start out by stating most of what was announced by the gov't this morning was twisted into some liberal propaganda and that I was caught totally off guard by most of the content of the announcement. When the announcement started with the gov't lying about the CSAAA helping them find 11,000 guns I knew it was going to be bad. That being said, most retailers and distributors have now prohibited firearms in their inventory that they can't sell. It's tying up capital and putting some of them in incredibly difficult financial positions. I know some people think a dealer makes tons of money but in reality there is 18-20% markup on a gun. That means if a dealer is stuck with $100,000 in prohibited inventory they have to sell over $1,000,000 of other items to make up for that loss as profit in a gun store is less than 10% once you factor in labour, insurance, utilities etc. I wish it was higher but it isn't. Imagine loosing a year or two of revenue due to the OIC. The CSAAA was contracted to assist dealers that wanted assistance with figuring out what inventory was prohibited or non saleable due to the OIC. If a dealer didn't want to be included or didn't want help then they wouldn't be in the data.
I know it sounds like the CSAAA was helping the gov't but that was never the intent of the CSAAA...although it looks terrible looking in from out outside. They wanted to help many struggling dealers who are on the brink of bankruptcy, have reduced in size, are behind on payments etc with getting rid of dead inventory so their businesses could survive. Not everyone is in that position but many are. SFRC for instance has over $500,000 in prohibited firearms and products we are sitting on and can no longer sell. The CSAAA wasn't setting prices, picking up guns, etc, they were contracted to help dealers that wanted assistance with figuring out what they hand in inventory and passing that data on to the gov't if the dealer wanted. Anything else you read or see online is a lie.
Personally speaking, I don't see a buy back happening for dealers of individuals any time soon. Even if the data was compiled it would more than likely be years before anyone sees a dime...if ever.
To the person that made the bud lite/CSAAA meme, you deserve a medal. It made me laugh on this crappy day.