This is what I don't get..... What on earth was GBC spending all the money on??? He was obviously getting some money from the business. He got money from the partners, money from his friends, money from his parents, money from his brother......but what was he spending it on?
He was on the bones of his arse is what he said! Why didn't he just sell the rent roll when it still had value and repay some of the debts instead of borrowing more money from the ex partners to fund it. Oh yeah, that's right.....it was his ONLY form of income/cash flow if the sales business wasn't performing. He had run out of people he could get his cash flow from so needed to con the ex partners, once again, so he could keep up the facade. :banghead: