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Stars Officially file for Bankruptsy
http://offthepost.org/viewtopic.php?f=28&t=4653
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Author:  Scott 679 [ Wed Sep 14, 2011 12:00 pm ]
Post subject:  Stars Officially file for Bankruptsy

http://www.tsn.ca/nhl/story/?id=375760

Author:  Pokecheque [ Wed Sep 14, 2011 12:19 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

I don't get it--if Gagliardi is going to scoop them up (I assume) on the cheap because of this, why was he reportedly going to try and purchase it outright?

Author:  Hounsy [ Wed Sep 14, 2011 12:39 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

I think by acquiring the debt and becoming the main secured creditor the dude trying to buy basically secures his first offer on the table. then the Bankruptcy receiver can try and see if someone will pay more. But I'm not an expert on this stuff.

Author:  MrBumpNgrind [ Wed Sep 14, 2011 6:27 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

if its anything like Real Estate, they file for bankruptcy, they go to court, whoever wants to buy it, presents an offer. The judge first approves the offer then reads the offer, asks if anyone else can beat this offer, if no-one else does. Boom its yours.

Author:  Captain Chaos [ Wed Sep 14, 2011 8:03 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

Lets put in an OTP offer!

Author:  Pokecheque [ Wed Sep 14, 2011 10:01 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

Captain Chaos wrote:
Lets put in an OTP offer!


I think if we pool our Kiva money we might just pull it off.

Author:  Hounsy [ Wed Sep 14, 2011 10:42 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

I've always broke even with my Kiva stuff. frankly it's the best investments I have anymore and I'm not going to mess with that.

Author:  MrBumpNgrind [ Thu Sep 15, 2011 6:48 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

SOLD to Dennys!

http://stars.nhl.com/club/news.htm?id=588526

Author:  Pokecheque [ Thu Sep 15, 2011 9:06 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

How 'bout you throw those crappy new jerseys in the trash bin while you're at it.

Author:  RW [ Thu Sep 15, 2011 11:30 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

Hounsy wrote:
I've always broke even with my Kiva stuff. frankly it's the best investments I have anymore and I'm not going to mess with that.


I've made about 15 loans so far. All to Africa, 14 out of 15 to women. The 1 male I lent to stiffed me about 1/2 way through. All the women have paid back faithfully or early. I think 5 were for pubs. I'll keep right on re-lending regardless of the borrower's performance. I enjoy doing it. I hoped one day to visit at least one of the pubs I have lent to.

Author:  Captain Chaos [ Sun Sep 18, 2011 12:07 am ]
Post subject:  Re: Stars Officially file for Bankruptsy

pretty hard to lose investing in vice - it's recession proof.

Author:  Pokecheque [ Wed Oct 26, 2011 5:09 pm ]
Post subject:  Re: Stars Officially file for Bankruptsy

http://sports.yahoo.com/nhl/blog/puck_d ... um=twitter

Hmmmmmm...curiouser and curiouser.

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