Question please don't fire me down !!
Fri Jun 15, 2012 7:45 pm
Why have we lost so much money under the Malaysians control ? Not saying they haven't put anything in, Or so far haven't footed the bill, but why have we continued to loose so much money under there control ?
Re: Question please don't fire me down !!
Fri Jun 15, 2012 7:59 pm
Nuclearblue wrote:Why have we lost so much money under the Malaysians control ? Not saying they haven't put anything in, Or so far haven't footed the bill, but why have we continued to loose so much money under there control ?
Short answer is that they've had to service our old debt and commitments, whilst trying to maintain a promotion challenge!
For a more comprehensive answer, read one of Lawnmower's many posts!
Re: Question please don't fire me down !!
Fri Jun 15, 2012 8:06 pm
Overthemoon wrote:Nuclearblue wrote:Why have we lost so much money under the Malaysians control ? Not saying they haven't put anything in, Or so far haven't footed the bill, but why have we continued to loose so much money under there control ?
Short answer is that they've had to service our old debt and commitments, whilst trying to maintain a promotion challenge!
For a more comprehensive answer, read one of Lawnmower's many posts!
But Tan is a Billionaire buisnesman. Why is he still loosing a vast amount each month ? Dealing with our creditors would or should be a walk in the park to him. He has had the chance to get rid of Langston with only having to pay around 25% of the debt so why hasn't he closed the deal ? I aint a buisness man but i ask myself this question over and over again.
Re: Question please don't fire me down !!
Fri Jun 15, 2012 8:19 pm
Nuclearblue wrote:Overthemoon wrote:Nuclearblue wrote:Why have we lost so much money under the Malaysians control ? Not saying they haven't put anything in, Or so far haven't footed the bill, but why have we continued to loose so much money under there control ?
Short answer is that they've had to service our old debt and commitments, whilst trying to maintain a promotion challenge!
For a more comprehensive answer, read one of Lawnmower's many posts!
But Tan is a Billionaire buisnesman. Why is he still loosing a vast amount each month ? Dealing with our creditors would or should be a walk in the park to him. He has had the chance to get rid of Langston with only having to pay around 25% of the debt so why hasn't he closed the deal ? I aint a buisness man but i ask myself this question over and over again.
The Langston debt is certainly the key and nobody can blame VT for trying to negotiate the figure downwards!
Until Sam's loan notes are finalised however, VT will not turn the debt into equity, which would clear our debt!
Lawnmower or Carl would be able to explain the full situation better!