Scout Bankruptcy OFFICIAL
Comments
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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.
