This year's interest added to the debt so he didn't collect actual cash...

However, I've no doubt his original intentions were exactly as you say - it just looks like things have gone a bit awry on the Ebitda front and he's now having to finance 'real' losses not just interest-payment induced ones.

I also agree entirely on the property thing, total scam.

Posted By: Greeny, Apr 5, 12:07:22