I acquired this flag on ebay and according to the seller, there's an interesting story behind it:

I was with VMFP-3 and deployed on the Midway in 80-81. We had the normal bantering going on with the Navy guys, of course and it was especially heavy with VAQ-136. While in port at Subic Bay, two of my fellow F-4 electricians and myself ran into some -136 members in Olongapo city and the insults were flying as usual. Early that morning while getting back on ship, we passed the top of the officers brow and I saw the VAQ-136 flag on the side of the gang plank. My two friends went back to the bottom and distracted the security detail while I walked down from the top and liberated the flag. That caused a bit of a stir and the flag has been with me ever since through nine moves. I ran into Sid Harris at KC Aviation Dallas in the 90's and asked him about the flag, as he was with -136 at the time it disappeared. He remembered it and about died when I told him it was hanging on my wall at home. He had to contact some of his friends and tell them the Marines were behind it. That's it... Take care and enjoy the flag, Ralph.

I'm glad Ralph decided to list this flag on ebay because the way I see it, the flag has now been liberated from its Marine captors and is now back in Navy hands..... framed and hanging on the wall of a former Gauntlet! :)