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This article makes it sound like that's theoretically possible without repercussions. I hadn't seen 18 USC 922(t)(5) before.
https://www.gunlaws.com/escapeclause.htm

Thoughts?
Anyone done it? Heard of it being done, results at audit time?

I can remember a couple times NICS was down, but it's not very often.

(t)  
(1)  Beginning on the date that is 30 days after the Attorney General notifies licensees under section 103(d) of the Brady Handgun Violence Prevention Act that the national instant criminal background check system is established, a licensed importer, licensed manufacturer, or licensed dealer shall not transfer a firearm to any other person who is not licensed under this chapter, unless—
(A)   before the completion of the transfer, the licensee contacts the national instant criminal background check system established under section 103 of that Act;

(B)  
(i)   the system provides the licensee with a unique identification number; or

(ii)   3 business days (meaning a day on which State offices are open) have elapsed since the licensee contacted the system, and the system has not notified the licensee that the receipt of a firearm by such other person would violate subsection (g) or (n) of this section; and...….

………….(5)   If the licensee knowingly transfers a firearm to such other person and knowingly fails to comply with paragraph (1) of this subsection with respect to the transfer and, at the time such other person most recently proposed the transfer, the national instant criminal background check system was operating and information was available to the system demonstrating that receipt of a firearm by such other person would violate subsection (g) or (n) of this section or State law, the Attorney General may, after notice and opportunity for a hearing, suspend for not more than 6 months or revoke any license issued to the licensee under section 923, and may impose on the licensee a civil fine of not more than $5,000.

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Thoughts?
Anyone done it? Heard of it being done, results at audit time?

Quoted:
You go first. Let us know how it goes.

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Haha I don't even have a FFL right now.
I'll be sure to ask about it during my initial interview.