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"Laws that forbid the carrying of arms...disarm only those who are neither inclined nor determined to  commit crimes... Such laws make things worse for the assaulted and better for the assailants; they serve rather to encourage than to prevent homicides, for an unarmed man may be attacked with greater confidence than an armed man." -Thomas Jefferson, quoting Cesare Beccaria.


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GunBroker.com Auction Celebrates 5 Year Anniversary

Consistently ranked as one of the Web's 20 most popular auctions sites by the 100hot division of Go2Net (Nasdaq: GNET), GunBroker.com has grown to become the Internet's largest firearms-related auction with over 70 million dollars in annual sales.  Celebrating its fifth anniversary this year, GunBroker.com caters to the hunter, sport shooter, gun collector, and law enforcement agent.  Similar in function to well-known person-to-person auction sites like eBay™ (Nasdaq: EBAY) and Yahoo! Auctions™(Nasdaq: YHOO), GunBroker.com allows registered users to buy and sell guns, air guns, archery equipment, knives and swords, antique guns, hunting equipment, and gun accessories such as holsters, scopes, ammunition, and reloading equipment.

Contrary to the impression given by some other auction companies, there is nothing illegal or improper about the sale of firearms over the Internet. According to documents posted on the Web by the Federal Bureau of Alcohol, Tobacco, and Firearms (ATF), an unlicensed buyer "may order a firearm from an out-of-state source and obtain the firearm if an arrangement is made with a licensed dealer in the purchaser's state of residence for the purchaser to obtain the firearm from the dealer". To assist in the transfer of firearms in accordance with all Federal, state and local laws, GunBroker.com maintains a list of Federal Firearms License (FFL) holders. These FFL holders have committed to assist buyers in receiving their firearm purchases while ensuring strict compliance with the law.

The GunBroker.com site may be used by gun shops, gunsmiths, pawnshops, manufacturers, and other licensed dealers to buy and sell items. Unlicensed persons may also buy and sell items, providing that all firearm purchases are transferred through a licensed dealer and that all applicable laws are obeyed. GunBroker.com provides additional value-added services to its registered user base in the form of message forums, want ads, and an escrow service.

About GB Holdings, Inc.
GB Holdings, Inc. is headquartered in Atlanta, Georgia and develops and markets Internet-based e-commerce solutions. The company's firearms auction site, GunBroker.com, provides a feature-rich auction experience for the legal sale and purchase of firearms and firearm accessories. For more information, visit the company's web site at GunBroker.com


 GB Holdings, Inc.
 Steve Smith