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01-14-2016, 04:23 PM #1
Reputation points: 10944
- Join Date
- Oct 2013
- Location
- New York, NY
- Posts
- 1,203
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.
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01-14-2016, 08:41 PM #2
Reputation points: 23718
- Join Date
- Jul 2014
- Posts
- 1,746
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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