Illuv youwish RJ: Illuv CO: Jay H Post Rating: 0 + / - Total Posts: 10 Karma: 10 Joined: Apr 6, 2012 |
Posted on May 18, 2012 Since I took over "Ore & Circuits", and found out after buying that the company had a 55G outstanding loan. giving the company a 550M intrest a day quiet hard to make enough profit to cover that.Had to check that out before buying the company, but however I'll try anyway to get me out of there.But the real question I have is how was it even possible to get a 55G loan since the loan limits are 20% of networth for private and 50% for public comanies. As i checked the company history I could see that the around 50G loan was taken between 13 - 14 as the networth of the company dropped to -51G on entering day 17 may. While the networth of the company in previous days had only peaked at about 4.4G on the 6th of may. |
Cian Kemp RJ: Cian Kemp CO: Cian Kemp Post Rating: 0 + / - Total Posts: 183 Karma: 58 Joined: Apr 9, 2012 |
Posted on May 18, 2012 Someone transferred a bunch of money in, took the loan, and transferred everything out. Likely through illegal b2b transactions.
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