Scout Bankruptcy OFFICIAL

https://thestreet.com/story/13931921/1/scout-media-can-use-bankruptcy-loan.html
One paragraph actually makes it sound like someone could go in and buy Dawgman if Kim cashed an emergency check:
"Wiles gave Scout the green light to make about a $750,000 critical payment to its website publishers at the end of the month. The caveat is that if they cash their monthly checks, Scout's publishers will consent to having the websites they run be assigned to whoever purchases them at auction."
Comments
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We should buy Dawgman at auction
I volunteer to evict them -
I pledge my 10 dollars of christmas money to this effort.
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Scary bankruptcy filing
From their files....
"Scout faced particular difficulties out west where food per diem, specifically money allocated for Nachos and nacho toppings surpassed 500,000$ annually" -
why would Scout give the publishers a check? I thought Scout worked for Kim.
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You know what this sounds like? FREE FUCKING PUB!!!dongman said:Scary bankruptcy filing
From their files....
"Scout faced particular difficulties out west where food per diem, specifically money allocated for Nachos and nacho toppings surpassed 500,000$ annually" -
It's sad to see how far Kim Grinolds has fallen.
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Those fucking Russians are at it again!!!!!
a takeover of the company by Russian investors. -
First Hillary and now Scout.topdawgnc said:Those fucking Russians are at it again!!!!!
a takeover of the company by Russian investors. -
It's not sad in the least.DerekJohnson said:It's sad to see how far Kim Grinolds has fallen.
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I wonder how much they could be bought for? eDuck is dead. I would like to turn it into something enjoyable.
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If by sad you mean NTD, BB worthy, then agree.DerekJohnson said:It's sad to see how far Kim Grinolds has fallen.
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FMAAWRITPADOOEsophagealFeces said:
If by sad you mean NTD, BB worthy, then agree.DerekJohnson said:It's sad to see how far Kim Grinolds has fallen.
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Listen to the bell, Grinolds...it tolls for thee.
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RaceBannon said:
Harv should buy Dawgman at auction
I volunteer to evict them -
The color scheme is already citrus friendlyMosster47 said:I wonder how much they could be bought for? eDuck is dead. I would like to turn it into something enjoyable.
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Buy the domain and redirect it to lemonparty.org a la www.uwrejects.comMosster47 said:I wonder how much they could be bought for? eDuck is dead. I would like to turn it into something enjoyable.
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It looks like KJV and company will get their pay checks ...
However, if they cash the checks they are basically bounded to the wishes of the buyer and have no way to leave (likely have non competes in place as well) ...
If they don't cash the checks, I'd imagine that they would have the option to either pull their site from the network as an independent or enter into an agreement with the new buyer. A prudent owner would make sure that they negotiated an out clause for themselves in case of a situation like this ... and if not, would have secured some kind of up front benefit. -
That website is only worth $1,500 at most. Steve will want more than $10k for it though.UWhuskytskeet said:
Buy the domain and redirect it to lemonparty.org a la www.uwrejects.comMosster47 said:I wonder how much they could be bought for? eDuck is dead. I would like to turn it into something enjoyable.
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Dawgman has no leverage. They either accept payment, which they'll likely have to given payroll needs, or not. If they don't accept payment, they can leave once the ownership transfer occurs, but the timing of the ownership transfer is TBD. Either a buyer will emerge or the DIP loan holders will assume ownership. But that could be a few months. Dawgman would have to meet its own financial obligations without the residual payment from scout for an undetermined time period. Better start selling advertising to the Dub Pub again...Tequilla said:It looks like KJV and company will get their pay checks ...
However, if they cash the checks they are basically bounded to the wishes of the buyer and have no way to leave (likely have non competes in place as well) ...
If they don't cash the checks, I'd imagine that they would have the option to either pull their site from the network as an independent or enter into an agreement with the new buyer. A prudent owner would make sure that they negotiated an out clause for themselves in case of a situation like this ... and if not, would have secured some kind of up front benefit. -
I'm a huge fan of the ASU scout pay site.
Which is why all the Kim shit cracks me up because it's the exact opposite.
"What I'm hearing...." and the whole man up and use your real name still gets me.
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DerekJohnson said:
It's euphoric, hilarious and just to see how far Kim Grinolds has fallen and can't get up.
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Tubgirl revival?Mosster47 said:I wonder how much they could be bought for? eDuck is dead. I would like to turn it into something enjoyable.
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Quoth the Raven, "Your* fucked now. Time to step up your Real Estate selling game."CheersWestDawg said:Listen to the bell, Grinolds...it tolls for thee.
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AEB said:
Dawgman has no leverage. They either accept payment, which they'll likely have to given payroll needs, or not. If they don't accept payment, they can leave once the ownership transfer occurs, but the timing of the ownership transfer is TBD. Either a buyer will emerge or the DIP loan holders will assume ownership. But that could be a few months. Dawgman would have to meet its own financial obligations without the residual payment from scout for an undetermined time period. Better start selling advertising to the Dub Pub again...Tequilla said:It looks like KJV and company will get their pay checks ...
However, if they cash the checks they are basically bounded to the wishes of the buyer and have no way to leave (likely have non competes in place as well) ...
If they don't cash the checks, I'd imagine that they would have the option to either pull their site from the network as an independent or enter into an agreement with the new buyer. A prudent owner would make sure that they negotiated an out clause for themselves in case of a situation like this ... and if not, would have secured some kind of up front benefit.
Exactly ... a smart business would have started planning for this the last few months at minimumAEB said:
Dawgman has no leverage. They either accept payment, which they'll likely have to given payroll needs, or not. If they don't accept payment, they can leave once the ownership transfer occurs, but the timing of the ownership transfer is TBD. Either a buyer will emerge or the DIP loan holders will assume ownership. But that could be a few months. Dawgman would have to meet its own financial obligations without the residual payment from scout for an undetermined time period. Better start selling advertising to the Dub Pub again...Tequilla said:It looks like KJV and company will get their pay checks ...
However, if they cash the checks they are basically bounded to the wishes of the buyer and have no way to leave (likely have non competes in place as well) ...
If they don't cash the checks, I'd imagine that they would have the option to either pull their site from the network as an independent or enter into an agreement with the new buyer. A prudent owner would make sure that they negotiated an out clause for themselves in case of a situation like this ... and if not, would have secured some kind of up front benefit. -
Forums in general are going to follow Blockbuster if they don't evolve with the times.
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Netflix?PurpleReign said:Forums in general are going to follow Blockbuster if they don't evolve with the times.
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You have referred to a smart business owner and a prudent business owner twice in this thread. You realize we are talking about Kent fucking Griswold here, right? Neither of those descriptions apply.Tequilla said:AEB said:
Dawgman has no leverage. They either accept payment, which they'll likely have to given payroll needs, or not. If they don't accept payment, they can leave once the ownership transfer occurs, but the timing of the ownership transfer is TBD. Either a buyer will emerge or the DIP loan holders will assume ownership. But that could be a few months. Dawgman would have to meet its own financial obligations without the residual payment from scout for an undetermined time period. Better start selling advertising to the Dub Pub again...Tequilla said:It looks like KJV and company will get their pay checks ...
However, if they cash the checks they are basically bounded to the wishes of the buyer and have no way to leave (likely have non competes in place as well) ...
If they don't cash the checks, I'd imagine that they would have the option to either pull their site from the network as an independent or enter into an agreement with the new buyer. A prudent owner would make sure that they negotiated an out clause for themselves in case of a situation like this ... and if not, would have secured some kind of up front benefit.
Exactly ... a smart business would have started planning for this the last few months at minimumAEB said:
Dawgman has no leverage. They either accept payment, which they'll likely have to given payroll needs, or not. If they don't accept payment, they can leave once the ownership transfer occurs, but the timing of the ownership transfer is TBD. Either a buyer will emerge or the DIP loan holders will assume ownership. But that could be a few months. Dawgman would have to meet its own financial obligations without the residual payment from scout for an undetermined time period. Better start selling advertising to the Dub Pub again...Tequilla said:It looks like KJV and company will get their pay checks ...
However, if they cash the checks they are basically bounded to the wishes of the buyer and have no way to leave (likely have non competes in place as well) ...
If they don't cash the checks, I'd imagine that they would have the option to either pull their site from the network as an independent or enter into an agreement with the new buyer. A prudent owner would make sure that they negotiated an out clause for themselves in case of a situation like this ... and if not, would have secured some kind of up front benefit. -
Autzen parking lot knows how to hardcore husky and chillMosster47 said:
Netflix?PurpleReign said:Forums in general are going to follow Blockbuster if they don't evolve with the times.
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So what happens to Biggins, Huffman, and the guys who actually work for Scout?