Seems Forbes magazine have interest in Strange accounts at Ibrox

TET said:
Dave has just been told Sevco need that bank of last resort, today,

After a moments pause he gives his answer to the dilemma.

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That voice dubbing thing must be quite impressive, TET, because the original conversation went something like:

"Ugga, belch, peepo, grunt, fart, urra, follow, uggs, knees in fenian blood, follow, taig, belch, uggs, gies change furra meter"
 
Spherical Planet said:
That voice dubbing thing must be quite impressive, TET, because the original conversation went something like:

"Ugga, belch, peepo, grunt, fart, urra, follow, uggs, knees in fenian blood, follow, taig, belch, uggs, gies change furra meter"
Click to expand...
I was brought up in the midst of that language in east end,

Im perfectly fluent

And well it doesn't mean very much but has the same ending as McKellens interpretation

:p
 
As soon as TGASL had all the sevco 2012 supporters pretending that the old club didn't die the everything was set to embark on his kamikaze mission to possible oblivion .

If he fails to stop the 10 the club dies but all the peepul running and reporting on Scottish football will pretend the club lived on ,so what has he got to lose .

The damage the BIG LIE has done to Scottish football IMO is huge ,how can legit sponsors or investors be attracted to our game if it is ok in the eyes of those running it to take peoples money run up debts and go bust only to apparently begin the next season debt free and the same club .

What investor is going to be confident to put their money into that business sector ,if anything what TGASL is doing is even worse than the the dead club ,he has shown total disregard for the courts ,commercial contracts and the laws of the game .It really is quite incredible what we are witnessing in our game at the moment .All in the quest to topple celtic
 
What's glaring is King stood in the high court during the share issue trial and stated he had no control over these family trusts , Laird and Noal and due to monetary retrictions enforced by the south african stock exchange he could not get money out of the country so easily ,,,,,yet he can prop up the accounts each year with regards to the shortfall
 
kelly said:
What's glaring is King stood in the high court during the share issue trial and stated he had no control over these family trusts , Laird and Noal and due to monetary retrictions enforced by the south african stock exchange he could not get money out of the country so easily ,,,,,yet he can prop up the accounts each year with regards to the shortfall
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Surely if a club is in debt and need 10 mill as suggested. then it has no money to pay wages or cannot gauruntee a sustainable source of income for the wages, then it is trading insolvent hand to mouth and is not longer a sustainable business.

Who is allowing a club to borrow its way to merely hoping it has a success somewhere, meanwhile debts are been accrued and held at bay. The SFA are deliberately sleeping on the job and corrupting the game in order to promise the TV deal a Celtic and Sevco package.
 
According to a poster on another site sevco have informed companies house of their intention to issue a further 34 and a half million shares in december in RIFC . IIRC this would bring the shares issued to over 280 million .
Who in their right mind would buy more shares in that company after those figures released last week.
 
fergusslayedtheblues said:
According to a poster on another site sevco have informed companies house of their intention to issue a further 34 and a half million shares in december in RIFC . IIRC this would bring the shares issued to over 280 million .
Who in their right mind would buy more shares in that company after those figures released last week.
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the price is still the same as when it was less than 100million shares

Seems a bit dubious to me.
 
Glibby's time in South Africa is currently being put to some use, as he is attempting to recreate the apartheid era financial infrastructure within the zombie population.

Ironically, it was the collapse of the apartheid era model that allowed glibby to make some hay and he obviously sees an opportunity to cover his arse by draining every inch of blood from this particular dead horse (he tried to flog it, but that cold shoulder meant there were no buyers).

The lure of investing any and all of their hard/ill gotten into a money-bleeding monstrosity is apparently too much of an opportunity for the relentlessly dumb to resist.

There are wee periods where I almost envy their stupidity, as perhaps I wouldn't care so much about the plight of humanity and the world we live in. I think sometimes that it must be great to be that oblivious to the harsh reality of things, but then I realise that this is only an imitation of existence and that that same harsh reality is going to come along and give them an almighty boot in the haw-maws and they stupid mu'fuhs won't even realise it until they're choking on their own chuckies which have been relocated by aforementioned almighty boot.

Then again - having baws in their oesophagus is not an uncommon feature among the zombie army and as my old Da' is want to say: "how do you circumcise a hun? Simple........you just punch his ma/sister in the puss!" The snap of the jaw will provide a clean precise cut along aforementioned zombies member and voila........one inch becomes quarter of an inch with one perfectly executed uppercut.
 
fergusslayedtheblues said:
According to a poster on another site sevco have informed companies house of their intention to issue a further 34 and a half million shares in december in RIFC . IIRC this would bring the shares issued to over 280 million .
Who in their right mind would buy more shares in that company after those figures released last week.
Click to expand...


Sharpen your talons and prepare to feast on the weak and the dying. You'll need to think like a vulture as we enter the unforgiving world of distressed debt investing. In this world, investors specifically seek out companies that are performing poorly or are on the brink of bankruptcy. Then they buy up the bonds and take control.

There are always companies in the market that look terrible but are likely to get back on the right track. The first instinct for the regular investor to invest in a financially distressed company's shares, but, as we'll learn in this article, the debt (bonds) of these firms is often a much more attractive investment. And although buying up large chunks of debt can cost millions of dollars, there are still ways for little guys to cash in, too.

Buying Into Weak Companies
Distressed debt investing entails buying the bonds of firms that have already filed for bankruptcy or are likely to do so. Companies that have taken on too much debt are often prime targets. The aim is to become a creditor of the company by purchasing its bonds at a low price. This gives the buyer considerable power during either a reorganization or liquidation of the company, allowing the buyer to have a significant say in what happens to the company.


Taken from investopedia , just a rough guess as to why they are now issuing more shares
 
kelly said:
Sharpen your talons and prepare to feast on the weak and the dying. You'll need to think like a vulture as we enter the unforgiving world of distressed debt investing. In this world, investors specifically seek out companies that are performing poorly or are on the brink of bankruptcy. Then they buy up the bonds and take control.

There are always companies in the market that look terrible but are likely to get back on the right track. The first instinct for the regular investor to invest in a financially distressed company's shares, but, as we'll learn in this article, the debt (bonds) of these firms is often a much more attractive investment. And although buying up large chunks of debt can cost millions of dollars, there are still ways for little guys to cash in, too.

Buying Into Weak Companies
Distressed debt investing entails buying the bonds of firms that have already filed for bankruptcy or are likely to do so. Companies that have taken on too much debt are often prime targets. The aim is to become a creditor of the company by purchasing its bonds at a low price. This gives the buyer considerable power during either a reorganization or liquidation of the company, allowing the buyer to have a significant say in what happens to the company.


Taken from investopedia , just a rough guess as to why they are now issuing more shares
Click to expand...

They're drinking in the 'Only Choice' saloon now.
 
kelly said:
Sharpen your talons and prepare to feast on the weak and the dying. You'll need to think like a vulture as we enter the unforgiving world of distressed debt investing. In this world, investors specifically seek out companies that are performing poorly or are on the brink of bankruptcy. Then they buy up the bonds and take control.

There are always companies in the market that look terrible but are likely to get back on the right track. The first instinct for the regular investor to invest in a financially distressed company's shares, but, as we'll learn in this article, the debt (bonds) of these firms is often a much more attractive investment. And although buying up large chunks of debt can cost millions of dollars, there are still ways for little guys to cash in, too.

Buying Into Weak Companies
Distressed debt investing entails buying the bonds of firms that have already filed for bankruptcy or are likely to do so. Companies that have taken on too much debt are often prime targets. The aim is to become a creditor of the company by purchasing its bonds at a low price. This gives the buyer considerable power during either a reorganization or liquidation of the company, allowing the buyer to have a significant say in what happens to the company.


Taken from investopedia , just a rough guess as to why they are now issuing more shares
Click to expand...
That's exactly how that song plays, Kelly, but the best part is the asset-stripping exercise that leaves the distressed company with nothing but the pot they haven't got to piss in.

This is glibby's play, but corporate vultures haven't got the patience to play the long game nowadays. They'll buy the penny bonds and sell the family silver for a small profit on their investment. However - it is important to note that there is no family silver, just tinfoil wrapped around a steaming pile o' shite.
 
Spherical Planet said:
That's exactly how that song plays, Kelly, but the best part is the asset-stripping exercise that leaves the distressed company with nothing but the pot they haven't got to piss in.

This is glibby's play, but corporate vultures haven't got the patience to play the long game nowadays. They'll buy the penny bonds and sell the family silver for a small profit on their investment. However - it is important to note that there is no family silver, just tinfoil wrapped around a steaming pile o' shite.
Click to expand...
That's how i see it ,think this is part of the end game go bang while from the outside the football team are competing on all fronts while behind the scenes the paints peeling off the walls and there drowning in debt

Launch more shares in Dec , no money coming in during winter break crash the club valentines just before ST renewals ,,,job done
 
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