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BREAKING :
INT’L – HUNTING - A Canadian couple went viral for killing a lion in South Africa, but trophy hunting is a bigger business back homeVIRGINIA DEMOCRATS WERE BESIDE THEMSELVES WITH RAGE LAST WEEK, BLASTING REPUBLICANS IN THE LEGISLATURE FOR DOING NOTHING DURING WHAT ENDED UP BEING A VERY BRIEF SPECIAL SESSION THAT THE GOVERNOR HAD CALLED ON GUN CONTROL. IT TAKES NO POLITICAL MACHIAVELLI TO REALIZE THE SPECIAL SESSION WAS A SET-UP FROM THE START, AN EFFORT BY THE NORTHAM ADMINISTRATION TO MOVE THE SPOTLIGHT AWAY FROM ITS OWN ONGOING IMAGE PROBLEMS AND INEPTITUDE.A FORMER U.S. CUSTOMS AND BORDER PROTECTION WATCH COMMANDER AT THE LOS ANGELES AND LONG BEACH PORTS PLEADED GUILTY WEDNESDAY TO FEDERAL CRIMINAL CHARGES FOR RUNNING AN ILLEGAL GUN-SELLING BUSINESS. WEI XU, 56, OF SANTA FE SPRINGS, PLEADED GUILTY TO FOUR FELONIES: UNLAWFULLY ENGAGING IN THE BUSINESS OF DEALING IN FIREARMS, UNLAWFULLY POSSESSING UNREGISTERED FIREARMS, MAKING MATERIALLY FALSE STATEMENTS TO A FEDERAL AGENCY.ALARMED BY REPORTS OF MISMANAGEMENT AND WORRIED OVER THE FUTURE OF THE NATIONAL RIFLE ASSOCIATION, A LOOSE FACTION OF THE GROUP’S MEMBERS, DIRECTORS, AND DONORS HAVE PUSHED FOR DRAMATIC CHANGES, INCLUDING THE RESIGNATION OF ITS LONGTIME LEADER, WAYNE LAPIERRE. BUT THEIR CAMPAIGN HAS RUN SMACK INTO THE ORGANIZATION’S OWN BOARD, WHICH HAS BEEN STRUCTURED TO SHIELD INSIDERS FROM CHALLENGES TO THE STATUS QUO.THE COUNTRY’S MOST POWERFUL GUN LOBBY MAY HAVE A COMMANDING GRIP ON AMERICAN POLITICS, BUT IT CONTINUES TO FACE REVOLT FROM WITHIN. OVER LAST WEEKEND, FORMER NRA PRESIDENT MARION HAMMER SENT A PRIVATE EMAIL TO BOARD MEMBERS TELLING THEM TO FALL IN LINE OR FACE THE CONSEQUENCES. HAMMER’S LETTER, PREVIOUSLY ONLY REPORTED WITHIN THE FIREARMS BLOGOSPHERE, IS AN APPARENT RESPONSE TO A NUMBER OF BOARD MEMBERS WHO HAVE POSTED PUBLICLY THAT THEY HAVE FACED RETALIATION FOR QUESTIONING ALLEGED FINANCIAL MALFEASANCE IN THE ORGANIZATION.

NAT’L – INDUSTRY INSIDER – American Outdoor Brands Faces a Tough Q4

NAT’L – INDUSTRY INSIDER – American Outdoor Brands Faces a Tough Q4

Shares of American Outdoor Brands (NASDAQ:AOBC) are trading at levels they haven’t seen since 2014. Gun industry sales remain depressed, and another firearms retailer recently declared bankruptcy. As American Outdoor gets ready to report its fiscal fourth quarter and 2019 earnings on Wednesday, June 19, the firearms manufacturer continues to face a difficult outlook. Last quarter, it reported a GAAP loss after restructuring its electro-optics division and folding it into the broader outdoor segment. But with gun sales surviving only on a diet of discounting and bundling, let’s look at what American Outdoor faces this time around. The good news is the firearms industry may have finally hit bottom. Criminal background checks on potential gun buyers as adjusted by the National Shooting Sports Foundation rose 0.7% in May.  [full article]

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BREAKING :
INT’L – HUNTING - A Canadian couple went viral for killing a lion in South Africa, but trophy hunting is a bigger business back homeVIRGINIA DEMOCRATS WERE BESIDE THEMSELVES WITH RAGE LAST WEEK, BLASTING REPUBLICANS IN THE LEGISLATURE FOR DOING NOTHING DURING WHAT ENDED UP BEING A VERY BRIEF SPECIAL SESSION THAT THE GOVERNOR HAD CALLED ON GUN CONTROL. IT TAKES NO POLITICAL MACHIAVELLI TO REALIZE THE SPECIAL SESSION WAS A SET-UP FROM THE START, AN EFFORT BY THE NORTHAM ADMINISTRATION TO MOVE THE SPOTLIGHT AWAY FROM ITS OWN ONGOING IMAGE PROBLEMS AND INEPTITUDE.A FORMER U.S. CUSTOMS AND BORDER PROTECTION WATCH COMMANDER AT THE LOS ANGELES AND LONG BEACH PORTS PLEADED GUILTY WEDNESDAY TO FEDERAL CRIMINAL CHARGES FOR RUNNING AN ILLEGAL GUN-SELLING BUSINESS. WEI XU, 56, OF SANTA FE SPRINGS, PLEADED GUILTY TO FOUR FELONIES: UNLAWFULLY ENGAGING IN THE BUSINESS OF DEALING IN FIREARMS, UNLAWFULLY POSSESSING UNREGISTERED FIREARMS, MAKING MATERIALLY FALSE STATEMENTS TO A FEDERAL AGENCY.ALARMED BY REPORTS OF MISMANAGEMENT AND WORRIED OVER THE FUTURE OF THE NATIONAL RIFLE ASSOCIATION, A LOOSE FACTION OF THE GROUP’S MEMBERS, DIRECTORS, AND DONORS HAVE PUSHED FOR DRAMATIC CHANGES, INCLUDING THE RESIGNATION OF ITS LONGTIME LEADER, WAYNE LAPIERRE. BUT THEIR CAMPAIGN HAS RUN SMACK INTO THE ORGANIZATION’S OWN BOARD, WHICH HAS BEEN STRUCTURED TO SHIELD INSIDERS FROM CHALLENGES TO THE STATUS QUO.THE COUNTRY’S MOST POWERFUL GUN LOBBY MAY HAVE A COMMANDING GRIP ON AMERICAN POLITICS, BUT IT CONTINUES TO FACE REVOLT FROM WITHIN. OVER LAST WEEKEND, FORMER NRA PRESIDENT MARION HAMMER SENT A PRIVATE EMAIL TO BOARD MEMBERS TELLING THEM TO FALL IN LINE OR FACE THE CONSEQUENCES. HAMMER’S LETTER, PREVIOUSLY ONLY REPORTED WITHIN THE FIREARMS BLOGOSPHERE, IS AN APPARENT RESPONSE TO A NUMBER OF BOARD MEMBERS WHO HAVE POSTED PUBLICLY THAT THEY HAVE FACED RETALIATION FOR QUESTIONING ALLEGED FINANCIAL MALFEASANCE IN THE ORGANIZATION.