Because of fears that the Obama administration is going to come after our arms, many people became putting in large deposits at dealers. So much that Bank of America froze the assets of one person’s deposits.
It has been unfrozen but not before the owner, Joe Sirochman, of American Spirit Arms went to online media with his story and led a information campaign.
Here is his facebook post on January 7, three weeks after they began holding his deposits.
"I first want to thank all of you that have called, emailed and posted your support. I also wanted to post an update and to clear up some questions:
"Bank of America started holding American Spirit Arms deposits for review on 12-18-12. Since that time we had to fight tooth and nail to get them released. We have now gotten most of the deposits and have set up new accounts with a local bank.
"Again I want to thank everyone for the outpour of support on this matter and believe because of you we were able to get our deposits."