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re: Can St. George duplicate what is going on in Central?

Posted on 2/17/14 at 4:55 pm to
Posted by LSURussian
Member since Feb 2005
128374 posts
Posted on 2/17/14 at 4:55 pm to
Your financial statistics conveniently omit the largest liability of Central that they have yet to pay a penny on in spite of the promises of their incorporation organizers prior to incorporating that they would pay. That liability alone is more than the surplus they've accumulated in five years.
Posted by doubleb
Baton Rouge
Member since Aug 2006
37449 posts
Posted on 2/17/14 at 5:28 pm to
quote:

Your financial statistics conveniently omit the largest liability of Central that they have yet to pay a penny on in spite of the promises of their incorporation organizers prior to incorporating that they would pay. That liability alone is more than the surplus they've accumulated in five years.


Link please. I want to see in writing where Central owes 20 million dollars in liabilities. But maybe you are correct. If you are they could pay it off already if they so chose to do so.
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