Once More Unto the Breach, Dear Friends

AMMO, Inc. (Nasdaq: POWW, POWWP) (“AMMO” or the “Company”), the owner of GunBroker.com, the largest online marketplace serving the firearms and shooting sports industries, and a leading vertically integrated producer of high-performance ammunition and components, today announced that Steven Urvan, Chief Strategy Officer, and Susan Lokey, Chief Financial Officer of SpeedLight I, LLC d/b/a GunBroker.com, have been placed on administrative leave with immediate effect. The Company has reason to believe that these individuals may have misappropriated the Company’s data and digital assets and transmitted that data to a third party controlled by Mr. Urvan and with which Ms. Lokey is associated. [More]

Fortunately, if you haven’t done anything wrong you’ve got nothing to hide.

And if you try to, we gotcha!

[Via Jess]

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Author: admin

David Codrea is a long-time gun owner rights advocate who defiantly challenges the folly of citizen disarmament. View all posts by admin

2 thoughts on “Once More Unto the Breach, Dear Friends”

I don’t see any indicators of government involvement here… it sounds like the CSO/CFO were stealing proprietary information (client list, supplier list, etc.) in preparation for launching a competitive startup.

Company data = customer lists and items purchased?
Digital data = banking and financial info?
‘Third party’ = ??

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