Sound like owner in huge gambling debts.
Investment Fei Fei Crab crowdfunding/investment
Investment Fei Fei Crab crowdfunding/investment
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Jun 13 2019, 11:02 AM
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#1
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All Stars
20,792 posts Joined: Jul 2012 |
Sound like owner in huge gambling debts.
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Sep 8 2020, 01:21 PM
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#2
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All Stars
20,792 posts Joined: Jul 2012 |
QUOTE(tehoice @ Sep 8 2020, 12:45 PM) didnt know this crowd funding existed. This scam is nothing new but in different forms.When was it they first started? 2019? I ate a few times in their restaurant, their food is quite good eh honestly. So less than 2 years down the road and taking covid19 as an excuse, they announce that their business has failed and has ceased all the operations? in the event of liquidation, shouldn't those share capital pumped in be returned to the shareholders/investors by capital reduction? etc? so the founder take this chance and close everything as well as sapu all the remaining cash and bank balances? soon, you will see another similar modus operandi operator crowd funding for another chain. vicious cycle............. wongmunkeong liked this post
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