NSF construction co
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  1. #1
    Senior Member Reputation points: 10944
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    depends....what does he do with the money. That will be the only way you can know.

    To many examples to name but one that comes to mind was a Office furniture company. Guy could make 600% profit on the money I gave him so his banks would look reall ghreat for about 3 months after I gave him money and then they slowly die and then he'd come back.

  2. #2
    Senior Member Reputation points: 23718
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    Quote Originally Posted by AndyYSCISOdept View Post
    depends....what does he do with the money. That will be the only way you can know.

    To many examples to name but one that comes to mind was a Office furniture company. Guy could make 600% profit on the money I gave him so his banks would look reall ghreat for about 3 months after I gave him money and then they slowly die and then he'd come back.
    I respect what you're saying, but running in the red on a balance sheet and in the red with a negative bank account balance are two very different scenarios. I don't know, I just throw so many of these guys in the trash. One yesterday that was pulling in 2 mil a year, but his average balance was -$12,500, with 20 negative days a month on average. Nothing I can do with a guy like that - or so I thought...

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