Weird. Feels like we?re missing some details. Were these seizures related to some sort of tax delinquency? Tax delinquency at some level other than the $200 NFA taxes on the items seized?
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Weird. Feels like we?re missing some details. Were these seizures related to some sort of tax delinquency? Tax delinquency at some level other than the $200 NFA taxes on the items seized?
My opinion. Alphabet agency needs these items now! Eminent domain tactics used to "obtain" needed merchandise. Owner of items has right to "appeal & mitigation" within time frame specified by law & regulation. Plausible deniability is preserved. Typical disclaimer notice applies.
We are all speculating, do I would like to throw my theory.
He has many firearms which are rare, limited and perhaps non imported to US.
as people know, youtubers borrow many od the firearms and classic from people to film many footages.
^They need that shit to rescue the valued assets they left behind in the quick egress from the third world country where the infamous terrorist was not to be found.
https://www.youtube.com/watch?v=PhvBvaoyR6I
Letting his SOT expire just doesn't seem like something Larry would do. Especially to preserve such a rare and amazing collection of firearms. I'm surprised Dragon Man isn't chomping at the bit to get a hold of these if he can. I would certainly like to see Larry's collection remain intact if possible. I know he's been battling cancer and I wasn't sure how well he has or hasn't been doing. Doesn't surprise me the Bureau of Agents Trampling Freedom Everywhere were quick to swoop in and collect the firearms.
Over on another forum they are saying his FFL expired in may.
What is an SOT?
[Copied from the internet]
An SOT is a Special Occupational Taxpayer. That?s government speak for ?somebody who does things we don?t like but everyone else loves, so we are going to tax and license them for it.?
SOT is really a status. That?s why it is technically incorrect to call an SOT a license, or refer to a ?Class 3 license?. With an SOT all you are really doing is taking an existing Federal Firearms License, and adding a special occupational class and tax to it ? that of somebody who works with NFA items on a commercial level. An Special Occupational Taxpayers is something you get with certain FFL?s in order to engage in different forms of business involving NFA items.?