Watch the video. The lever action is clear. It has Tex Mechanica's logo on the stock.
This confirms basically 1 of two things.
This is an indeed an exotic shotgun.
Or
Tex Mechanica is going to be a major foundry and start designing some retro themed guns
All I can say is;
[b]Fuçking awesome.[/b]
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Too OP. Bungie plz nerf.