Me and My Family
May 11th 2019, 4:13 am
#2206
BE Enthusiast
Joined: Jan 2012
Posts: 466
Re: Me and My Family
L/L telling another pack of lies, and P11 is falling for it again. Words cannot describe how gullible and stupid (sorry to have to be so blunt) P11 is.
P11often expressed what an entrepreneur his L/L was, be it the shoe shop, jewelry business, whatever, but how does he believe anyone would be so illiterate and stupid to think a 2% margin was a good low risk business. I don’t know the sums involved, but assume it’s quite high. Let’s say 250k so at 2% that’s 5k a month with high risk the debt will not be paid.
Would it not been easier to ask P11 the ATM for an extra 5k a month? I have said it all along, this nightmare will end very badly.
P11often expressed what an entrepreneur his L/L was, be it the shoe shop, jewelry business, whatever, but how does he believe anyone would be so illiterate and stupid to think a 2% margin was a good low risk business. I don’t know the sums involved, but assume it’s quite high. Let’s say 250k so at 2% that’s 5k a month with high risk the debt will not be paid.
Would it not been easier to ask P11 the ATM for an extra 5k a month? I have said it all along, this nightmare will end very badly.
May 11th 2019, 6:20 am
#2207
Forum Regular
Joined: May 2017
Location: uk/manila
Posts: 206
Re: Me and My Family
L/L telling another pack of lies, and P11 is falling for it again. Words cannot describe how gullible and stupid (sorry to have to be so blunt) P11 is.
P11often expressed what an entrepreneur his L/L was, be it the shoe shop, jewelry business, whatever, but how does he believe anyone would be so illiterate and stupid to think a 2% margin was a good low risk business. I don’t know the sums involved, but assume it’s quite high. Let’s say 250k so at 2% that’s 5k a month with high risk the debt will not be paid.
Would it not been easier to ask P11 the ATM for an extra 5k a month? I have said it all along, this nightmare will end very badly.
P11often expressed what an entrepreneur his L/L was, be it the shoe shop, jewelry business, whatever, but how does he believe anyone would be so illiterate and stupid to think a 2% margin was a good low risk business. I don’t know the sums involved, but assume it’s quite high. Let’s say 250k so at 2% that’s 5k a month with high risk the debt will not be paid.
Would it not been easier to ask P11 the ATM for an extra 5k a month? I have said it all along, this nightmare will end very badly.
May 11th 2019, 6:23 am
#2208
BE Enthusiast
Joined: Feb 2014
Location: Marikina Philippines
Posts: 885
Re: Me and My Family
I believe that P11's relationship is well past the teething problem stage.
May 11th 2019, 6:46 am
#2209
Concierge
Joined: Jan 2013
Location: Western Australia
Posts: 21,138
Re: Me and My Family
...it's also well past the gnashing of teeth stage, the pulling hair out stage, the palm her off on someone else stage, the kneedy stage and the kick up the arse stage. It's in the intensive care, critical, prognosis negative stage.
May 11th 2019, 7:49 am
#2210
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Re: Me and My Family
He met his LL back in 2015, teething problems are almost at the false teeth in a cup stage.
Last edited by moneypenny20; May 11th 2019 at 7:54 am.
May 11th 2019, 7:53 am
#2211
BE Enthusiast
Joined: Jan 2012
Posts: 466
Re: Me and My Family
In response to Jaycee 68. I should know, I have been in business 30+ years. There are certain fundamentals, make sure you have enough cash,hard work, have much experience of the field your entering, and take valid advice and listen to those who have genuine experience. The L/L has none of these attributes, lying, dishonesty ,scamming etc are not the basis for a successful business.
Apart from the disastrous business decisions, how is possible that someone who has 2 children from another man, and kept it quiet for 4 years, forged receipts, threatened to commit suicide, faked medical ailments,etc.etc. be trustworthy. Luck has nothing to do with it.
I guess luck was on P11’s side when he decided not to purchase the house they are renting. That would have been an unmitigated disaster.
Apart from the disastrous business decisions, how is possible that someone who has 2 children from another man, and kept it quiet for 4 years, forged receipts, threatened to commit suicide, faked medical ailments,etc.etc. be trustworthy. Luck has nothing to do with it.
I guess luck was on P11’s side when he decided not to purchase the house they are renting. That would have been an unmitigated disaster.
Last edited by mikek1; May 11th 2019 at 8:03 am. Reason: Forgot jaygee68
May 11th 2019, 8:46 am
#2212
Forum Regular
Joined: May 2017
Location: uk/manila
Posts: 206
Re: Me and My Family
In response to Jaycee 68. I should know, I have been in business 30+ years. There are certain fundamentals, make sure you have enough cash,hard work, have much experience of the field your entering, and take valid advice and listen to those who have genuine experience. The L/L has none of these attributes, lying, dishonesty ,scamming etc are not the basis for a successful business.
Apart from the disastrous business decisions, how is possible that someone who has 2 children from another man, and kept it quiet for 4 years, forged receipts, threatened to commit suicide, faked medical ailments,etc.etc. be trustworthy. Luck has nothing to do with it.
I guess luck was on P11’s side when he decided not to purchase the house they are renting. That would have been an unmitigated disaster.
Apart from the disastrous business decisions, how is possible that someone who has 2 children from another man, and kept it quiet for 4 years, forged receipts, threatened to commit suicide, faked medical ailments,etc.etc. be trustworthy. Luck has nothing to do with it.
I guess luck was on P11’s side when he decided not to purchase the house they are renting. That would have been an unmitigated disaster.
May 11th 2019, 9:02 am
#2213
Concierge
Joined: Jan 2013
Location: Western Australia
Posts: 21,138
Re: Me and My Family
You're an optimist, I'll give you that!
May 11th 2019, 9:53 am
#2214
Crazy Cat Lady
Joined: Apr 2004
Posts: 65,493
Re: Me and My Family
May 11th 2019, 10:35 am
#2216
BE Forum Addict
Joined: Oct 2007
Location: Halfway between Ricard & Absynthe
Posts: 4,291
Re: Me and My Family
With ref to Phil II's saga, that was the understatement of the century.But you omitted the
smiley. A belter of a comment! It would have brought the house down if written into a Monty Python script.As for the later, "Maybe a large cash injection is needed to kickstart and re-invigorate the business model", written into a new Fawlty Towers script John Cleese would have paid a fortune for that line!
