Not exactly. I don't know about form 1 or form 4 or whatever you guys fill out to register your stuff with the feds, but a 4473 by law has to be discarded by the government after 88 days. As in there is to be no paper trail or data record of the transaction. Now we all know that's probaby not happening, but it's the law. So if the feds don't get back to you on your BGC for a 4473, after 3 days the FFL can sell it to you if they want, but they don't have to. And after 88 days it gets discarded and is NOT an automatic denial.