This isn't good for any body. The company seeking to buy is a developer for "smart gun" technology. Here is some excerpts from the page announcing their system, GDSI Gatekeeper. They're wanting to build a system using RFID and/or GPS to electronically lock and monitor firearms over the internet. It is to be advertised to both Military and Civilians alike.
GDSI Gatekeeper, which combines advanced Radio Frequency Identification (RFID) technology with web-based wireless capabilities, will provide commercial and military customers with three essential safety and security benefits:
• Encrypted, password-protected, digital, trigger-locking capability;
• Secure, real-time online tracking; and
• Encrypted, cloud-enabled databases.
“We’re extremely excited about the potential for GDSI Gatekeeper,” said GDSI’s President and CEO Richard J. Sullivan. “This revolutionary suite of services represents a real breakthrough by leveraging the power of web-based, digital technology to enhance safety and security in the small arms arena, both in the commercial and military sectors. We think of it as personalized gun control and we believe the accessible worldwide market represents a multibillion dollar opportunity for GDSI.”
According to recent reports from the United States Bureau of Alcohol, Tobacco and Firearms (ATF), an annual average of nearly 3.5 million firearms were manufactured in the United States over the past eight years. GDSI Gatekeeper’s encrypted digital locking device could be easily retrofitted into existing firearms or it could be included in the manufacturing process itself.
“Here in the United States, the right of the people to keep and bear arms is constitutionally protected and inviolable,” Sullivan added. “The Gatekeeper program will provide additional safety and security for law-
abiding gun owners in the United States and elsewhere. We believe Gatekeeper’s secure locking and tracking features could encourage millions of people who might have shied away from keeping firearms in their homes because of safety concerns to reconsider. And collectors would be able use make use of Gatekeeper’s tracking and database features to exercise greater control over their prized firearms collections.”
Here is the full article: http://www.gdsi.co/page55.html
Also, the goal of the company is to start consolidating as many American gun companies into their control as possible. Freedom Group is just the 1st step in this.
Since the system operates wirelessly and online, it is open to hacking.
Likewise, it is also open to snooping (NSA)
Such system will quickly be ordered mandatory by gun grabbers, meaning the government could not only track your guns, but remotely disable them BEFORE they come to confiscate them. (no more "cold dead hands" line)
I have many others, but that should be enough to scare all of you into realizing this is bad.