DOJ accused of targeting gun industry with 'Choke Point' program

[AFFS]

The evidence in the news on Operation Choke Point says it all, no matter what your jaded opinion may be.

 

[nola_]

Sounds like many people can benefit from the help of a DISASTER ASSET RECOVERY TECHNICAL SPECIALIST

 

[tikanni]

Did you actually read the articles you supplied?

 

[AFFS]

Whitney didn't remove the money to intentionally cause harm, they did it because you were losing money from your poorly ran business and they were trying to salvage what they could from the trainwreck that was your business.

You asked a question, I answered it.

The news reports of the DoJ Operation Choke Point provide evidence that was and is an effort to shut down gun stores by the administration.

 

[nola_]

Now that this story about Operation Choke Point has come to light everyone can see exactly what I have been saying all along

AFFS dissolved in 2012. Choke Point started in 2013.

??

 

[tikanni]

AFFS dissolved in 2012. Choke Point started in 2013.

??

AFFS were the beta testers before the plan was finalized and put into action.


"You shut your mouth when you're talking to me!"

 

[AFFS]

I'm not going to go into the intricacies of operations and business decisions that were made for filing for new LLC and EIN and FFL and SOT after Morey Butler stole from us and then deciding to operate under the original LLC and dissolving the new entity

It has nothing to do with the fact that Whitney Bank pulled our bank loan much like so many other gun stores are facing today under the DoJ Operation Choke Point

 

[Jack]

You asked a question, I answered it.

The news reports of the DoJ Operation Choke Point provide evidence that was and is an effort to shut down gun stores by the administration.

Correct, but it doesn't show ANYTHING about YOUR gun store being part of that effort. You've said it yourself, you were hemorrhaging money, taking cash from your ATM business to shore up your gun store and using money from one customer's order to place prior customer's orders, then ultimately filing and hiding behind bankruptcy and ****ing everyone who trusted you to place an order with cash they paid up front. The reality is, you were running a business that wasn't profitable, you then made your situation worse by stealing one from one customer to deliver to another. Whitney bank saw this and did what was in their best interest to recover the money they loaned to you. It is amazing that you don't understand that simple reality.

 

[lachef]

There are so many people here who truly don't understand how the logistics of how a business work and also you didn't know how to run a business well from what I can tell. I don't know the details of what went on here and y everyone is pissed but I have picked up the gist of it. I think everyone needs to stick to what they know best and stop making statements that are based out of a general ignorance of how some things work. And I am talking about all parties.

 

[nola_]

I'm not going to go into the intricacies of operations and business decisions that were made for filing for new LLC and EIN and FFL and SOT after Morey Butler stole from us and then deciding to operate under the original LLC and dissolving the new entity

It has nothing to do with the fact that Whitney Bank pulled our bank loan much like so many other gun stores are facing today under the DoJ Operation Choke Point

GAP ONE ENTERPRISES, L.L.C., AFFS, or whatever business name/LLC used.... How were they affected in 2012 by a program not started until 2013?

 

[SpeedRacer]

AFFS dissolved in 2012. Choke Point started in 2013.

??

Update:

Obama's fault.

Morey's fault.

 

[Jack]

Update:

Obama's fault.

Morey's fault.

You missed bayoushooter's fault...

You don't have to believe anything I have to say. This forum was never fully supportive of American freedom Firearms. But the point is that it is all out in the news for all to see.

 

[Hattrick 22]

Wow this is better than asking for posts to be allowed in the marketplace again.

I got my popcorn and beer gents please proceed!

 

[thatguy]

I thought I was having a bad flashback.

 

[AFFS]

nola_ further research shows that the FDIC under direction of the DoJ initiated this program as early as 2011

http://www.washingtontimes.com/news...-point-deliberately-targets-busines/?page=all

 

[SpeedRacer]

The only entity that took the money was Whitney Bank when they took $30K out of our operating account. The only entity that wanted to intentionally cause loss or harm to another was Whitney Bank and whomever was pulling their strings

Now that this story about Operation Choke Point has come to light everyone can see exactly what I have been saying all along

And from March 2013...

It has been stated over and over again. When Morey left he had taken the company down from a 1.6 million dollar a year company to approx 600K in 2011. He blamed BP and the internet sales for the losses. I found out that he was running off good customers with his tirades in the store. He damaged several personal friendships of his by yelling at people in the store and he would be all over the place on transfer fees depending on if we had it in the store or where the customer had purchased the firearm (ie. Bud's Guns)

I moved money around from my other companies to shore up the gun store to try to rebuild and recover from the damage that was done.

To answer your question again , Whitney Bank had merged with Hancock Bank who we had our commercial loan with from when we opened in 2007. It had a five year balloon note that was to be refinanced, but because of the condition that the store was in at the first half of 2012 they refused to refi the note. I have spent the past six to eight months trying to get the balloon note refied and Whitney had moved forward to foreclose on the note in December. I was two weeks away from getting the funding to pay off Whitney Bank and restock the store when Whitney took more money from our account forcing us into insolvency.

Damn...Operation Chokepoint goes deeper than we thought. We've got some real black ops **** going on here guys, and it obviously began years before 2013 like they are claiming.

And I guess we know who Morey was REALLY working for all along.

 

[Grendal]

.

 

[AFFS]

And from March 2013...


Damn...Operation Chokepoint goes deeper than we thought. We've got some real black ops **** going on here guys, and it obviously began years before 2013 like they are claiming.

And I guess we know who Morey was REALLY working for all along.

Morey stole to start his own business. Debbie even told Melissa of this before we let Morey go.

That does not change the fact that Whitney Bank took the money out of our account and called the loan just like other banks are doing under Operation Choke Point.

 

[Golden Dragon]

There are so many people here who truly don't understand how the logistics of how a business work and also you didn't know how to run a business well from what I can tell. I don't know the details of what went on here and y everyone is pissed but I have picked up the gist of it. I think everyone needs to stick to what they know best and stop making statements that are based out of a general ignorance of how some things work. And I am talking about all parties.

lachef You are not out $8,000.00 I am.

I was giving the run around for weeks trying to get my Money
3 day before he closed shop, he look me eye to eye and say he use it to "pay off some bills"
and that I would get my money next Tuesday .
So where is my Money let me know where and when I can meet with you to pick it up.

 

[LACamper]

I'm no bankruptcy expert but I do know a bit about banking.

My understanding is that many commercial loans are 7 year renewable (as are many HELOC's). The bank then has the option to continue the loan for another 7 years or demand payment. This is in the contract and is their choice. If you don't want to pay the balance you should plan in advance to refinance it.

Banks often have a clause that if money is owed to a bank on a loan any funds in other accounts may be applied at their discretion to the balance of the amount owed if a loan is past due by even a month. Some bankruptcy experts will tell you to keep your loans with one bank and deposits with another to avoid this.

Just my observations on a situation I wasn't heavily involved in. I would stop in AFFS occasionally. I knew Maury from when he was at Shooter's Club and Roger from a LONG time ago. I would stop in and look for something... a holster once, a mag carrier another time, etc. The answer was always we don't have it. Can you order it? No need, we should have some coming in next week. I'd come back a few times hoping the item would appear and it never would. After a few times of that happening I gave up. The location wasn't exactly convenient for me to stop in so I'd give up. If they couldn't handle a $20 or $50 order, why would I order a firearm from them? As it turned out I'm glad I didn't. Nothing personal...