No, I reckon you're reading that wrong. It's a nonsense statement, it should read as "100% of current firearms licence holders WITH a sov-cit alert... hold current firearms licences". If 38% of them hold a current firearms licence, the others don't so they aren't currently licenced.
What I think they were meaning to write, is that of the people with sov-cit alerts that currently or have held firearms licences only 38% of them still hold current licences. But that is in no way as scary sounding is it?
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