{"id":145556,"date":"2021-05-14T09:42:47","date_gmt":"2021-05-14T13:42:47","guid":{"rendered":"https:\/\/www.gunsamerica.com\/digest\/?p=145556"},"modified":"2021-05-14T09:42:47","modified_gmt":"2023-09-07T03:01:08","slug":"full-conceal-maker-folding-glock-auctioned","status":"publish","type":"post","link":"https:\/\/gunsamerica.com\/digest\/full-conceal-maker-folding-glock-auctioned\/","title":{"rendered":"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"683\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" src=\"https:\/\/www.gunsamerica.com\/digest\/wp-content\/uploads\/2020\/11\/FullConceal3-1024x683.jpg\" alt=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" class=\"wp-image-137318\" srcset=\"https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2020\/11\/FullConceal3-1024x683.jpg 1024w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2020\/11\/FullConceal3-400x267.jpg 400w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2020\/11\/FullConceal3-150x100.jpg 150w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2020\/11\/FullConceal3-768x512.jpg 768w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2020\/11\/FullConceal3.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><em>Full Conceal introduced their folding Glock in 2017, but now the company is going out of business.<\/em><\/figcaption><\/figure>\n\n\n\n<p>The company that made the folding Glock and <a href=\"https:\/\/www.gunsamerica.com\/digest\/folding-glock-company-files-for-bankruptcy\/\" target=\"_blank\" class=\"clickTracking\" campaign=\"full-conceal-maker-folding-glock-auctioned\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\">filed for bankruptcy in November<\/a> is auctioning off its assets in an open bidding process that will begin June 24, GunsAmerican has learned.<\/p>\n\n\n\n<p>Full Conceal, Inc., is selling two patents, one pending patent, and 16 firearms in an auction with a starting bid of $75,000. Any interested party can participate, but they need to post $100,000 one day prior to the sale.<\/p>\n\n\n\n<p>The patents for sale include the company\u2019s famous folding handgun along with a safety trigger. The winning bidder will also receive the rights to a pending patent for a device titled \u201cMagazine Retention Device with Integrated Aiming System.\u201d<\/p>\n\n\n\n<p>The sixteen firearms for sale include seven M3Ds based on the 9mm Glock 19, four M3Ss based on the 9mm Glock 43, and five M3D-S69mms, the company\u2019s own production handgun.<\/p>\n\n\n\n<p>Liberty Financial currently holds the highest bid at $75,000, according to bankruptcy documents. The bankruptcy trustee reached out to several firearms companies to determine interest in Full Conceal\u2019s patents, but none offered a higher price than $75,000. To beat Liberty Financial\u2019s offer, another bidder must raise the bid by at least $25,000. After that, the bid must be raised in at least $2,000 increments.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">SEE ALSO: <a href=\"https:\/\/www.gunsamerica.com\/digest\/folding-glock-company-files-for-bankruptcy\/\" target=\"_blank\" class=\"clickTracking\" campaign=\"full-conceal-maker-folding-glock-auctioned\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\">Folding Glock Company Files for Bankruptcy<\/a><\/h2>\n\n\n\n<p>Full Conceal filed for chapter 7 bankruptcy, which does not involve the filing of a plan of repayment (as in chapter 13, for example), according to <a href=\"https:\/\/www.uscourts.gov\/services-forms\/bankruptcy\/bankruptcy-basics\/chapter-7-bankruptcy-basics\" target=\"_blank\" class=\"clickTracking\" campaign=\"full-conceal-maker-folding-glock-auctioned\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" target=\"_blank\" rel=\"noreferrer noopener\">U.S. Courts<\/a>. Instead, the bankruptcy trustee gathers and sells the debtor&#8217;s nonexempt assets and uses the proceeds of such assets to pay creditors in accordance with the Bankruptcy Code.<\/p>\n\n\n\n<p>It\u2019s unclear precisely what led to Full Conceal\u2019s demise, and they have not returned a GunsAmerica request for comment. Their website is down, and they haven\u2019t updated their social media accounts since February 28, 2020.<\/p>\n\n\n\n<p>A review of their website on the Internet Archive reveals that they were running into COVID-related production issues.<\/p>\n\n\n\n<p>On the listing of their first production handgun, the M3D-S6, the company assures buyers that the product is currently being manufactured but \u201cdue to coronavirus disruption, the estimate [sic] shipping is now late-April 2020.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"535\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" src=\"https:\/\/www.gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-2-1024x535.jpg\" alt=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" class=\"wp-image-145557\" srcset=\"https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-2-1024x535.jpg 1024w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-2-400x209.jpg 400w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-2-150x78.jpg 150w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-2-768x401.jpg 768w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-2.jpg 1121w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"361\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" src=\"https:\/\/www.gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-1-1024x361.jpg\" alt=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" class=\"wp-image-145558\" srcset=\"https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-1-1024x361.jpg 1024w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-1-400x141.jpg 400w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-1-150x53.jpg 150w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-1-768x271.jpg 768w, https:\/\/gunsamerica.com\/digest\/wp-content\/uploads\/2021\/05\/mag-retention-device-1.jpg 1153w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption><em>Along with Full Conceal&#8217;s folding handgun patent, the winning bidder will receive the patent for this mag carrier\/iron sights combo device.<\/em><\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">SEE ALSO: <a href=\"https:\/\/www.gunsamerica.com\/digest\/full-conceal-viper-shot-show-2019\/\" target=\"_blank\" class=\"clickTracking\" campaign=\"full-conceal-maker-folding-glock-auctioned\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\">Full Conceal VIPER: The Unofficial Space Force Collapsible Carry Gun \u2013 SHOT Show 2019<\/a><\/h2>\n\n\n\n<p>The company was founded by Mike Full and made its debut at the<a href=\"https:\/\/www.gunsamerica.com\/digest\/folded-pocket-ccw-glock-19-project-full-conceal-shot-show-2017\/\" target=\"_blank\" class=\"clickTracking\" campaign=\"full-conceal-maker-folding-glock-auctioned\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\"> 2017 SHOT Show<\/a>. Full \u201cspent a lot of time thinking about worst-case defense scenarios and how to give the \u2018non-tactical\u2019 defenders a fighting chance,\u201d according to the &#8220;About Us&#8221; page on the company\u2019s website.<\/p>\n\n\n\n<p>\u201cTo this end he invented and patented, a means to convert popular conventional Glock handguns into compact, inconspicuous and ultra-safe folding guns that people can use without the safety worries and lifestyle changes that come with carrying conventional handguns,\u201d the page continues.<\/p>\n\n\n\n<p>Interested parties can participate by dialing (877) 411-9748 and using access code 8931051. More information on participating in the auction can be found on United States Bankruptcy Court for the District of Nevada\u2019s <a href=\"https:\/\/www.nvb.uscourts.gov\/news-rss\/announcements\/2020\/0319-court-hearing-participation\/\" target=\"_blank\" class=\"clickTracking\" campaign=\"full-conceal-maker-folding-glock-auctioned\" title=\"Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24\" target=\"_blank\" rel=\"noreferrer noopener\">website<\/a>.<\/p>\n\n\n\n<h2 class=\"has-text-align-center wp-block-heading\" id=\"block-a38500b3-aef7-4c1b-a28f-af8f6aaff4ca\">***<a href=\"https:\/\/gunsamerica.com\/\" campaign=\"BuySellGA_Register\" target=\"_blank\" class=\"clickTracking\">Buy and Sell on GunsAmerica!<\/a>***<\/h2>\n","protected":false},"excerpt":{"rendered":"<p>The company that made the folding Glock and filed for bankruptcy in November is auctioning off its assets in an open bidding process that will begin June 24, GunsAmerican has learned.<\/p>\n","protected":false},"author":54,"featured_media":137318,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_specdata_upc":"","_specdata_placement":"","footnotes":""},"categories":[7,111,593,240],"tags":[132,617],"featured":[],"hunt365":[],"class_list":{"0":"post-145556","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-gunsamerica-authors","8":"category-industry-news","9":"category-jordan-michaels","10":"category-this-week","11":"tag-buzz","12":"tag-industry-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Full Conceal, Maker of the Folding Glock, Set to be Auctioned Off June 24<\/title>\n<meta name=\"description\" content=\"The company that made the folding Glock is auctioning off its assets in an open bidding process that will 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