-150 million after the law hammer drops

Congrats to all the winners! :)

When Mansef sold to Fabian things worked out well for the company. The owners were ready to go and Fabian was ready to take things up a level.

Now Fabian is bought out and I think this will work out great for Manwin and they will probably become stronger as a company.

Yes, but you are notoriously fucking stupid.

Awesome irony.

sad part is your probably right.... funny thing is Fabien is the one with a few zeros on a check being paid to him and Mike is cheering he has the right information......

funny he always said he wasnt an owner lol

One day mike will get back to reporting news... right???

Just want to re-post mike's complete idiocy

:1orglaugh

Awesome.

That's kind of sad really, but hey, the world will always need whores willing to do anything for money. Prostitutes make the world go 'round. :2 cents:

BTW... it's chainsaw. Perhaps you could use $1.99 out of that $300 million to buy a spelling app. Just sayin'.

I like you, can we be friends :)

He didn't $300 million yet. So... chainshaw it is! (for now?) :pimp

i thought he meant he was going to give everyone chain shawls

http://www.crochetconcupiscence.com/...wl-pattern.jpg

My bitcoins itch ........

Wooow congrats with 300M you can start new nice things :)

http://socialmediaseo.net/wp-content...-wikileaks.jpg
http://bitcoinexaminer.org/wp-conten...efense-mod.jpg

Or owed 300m still to the Wall Street firm that funded his moves? Or value has dropped for a quick sale. Your own math puts him at 50% owner.

Long term capital gains. I say congrats. The guy worked a loophole and came out a winner.

:thumbsup

Ps: I don't produce content so it flavors my view.

:1orglaugh:1orglaugh:1orglaugh:thumbsup

Not all EU. UK is not Schengen, so another reason...

50% income tax? Dayumm.

http://4.bp.blogspot.com/-r-NP6ITrKx..._of_march+02.j

Translated from Die Welt:



:stoned

ADG

Exactly, by that math he would be 50% owner, which he said he was not. So he lied then or now. I believe now.
The firm that loaned the money loaned it to the company, there's no reason for him to feel personal liability based on that.

Unless he also signed a personal guarantee.

LOL,exactly what i've expected!
Thanks for proving me that you have no clue! :1orglaugh :1orglaugh :1orglaugh

Yes,me neither,at first i was about to edit my post like :

Nevermind,i don't care what you think and i don't care what Fabian is doing!

I've missed that chance and i've got that reply,LOL

Oh man. You'll be hearing for that one for a long time :pimp

Many of us have been saying something like this would happen sooner rather than later. Of course the usual suspects laughed that off, as is usually done by the adult bro club.

I wish Fabian and his family the best. I don't like what Manwin and the people behind them helped do to this industry but Fabian has usually been pretty cool over the years to answer questions here and engage in debate. I have to respect that. Also I still feel, despite what he says, that he was always more just doing a job and never in full control.

It'll be interesting to see what happens to Manwin now. In my opinion this isn't good and is a bad sign.

I'm surprised you would do a 15 year payment plan. Most of the big companies from 15 years ago aren't around today. Heck, the same is true to some extent for 5 years. You are taking on a lot of risk.

<sarcasm>
opps
</sarcasm>

Sorry i was just being a jerk with that reply. I was paid in full the day the deal closed :thumbsup

That would be a valid point if you believe that he ever bought the company in the first place.

Lets re cap the press releases that we have been told over the years.


Unless I am mistaken he bought the company for over $100m. I dont think even his biggest fans argue that he walked in with cash. So he either managed to borrow $100m to buy a company that was under serious scrutiny by law enforcement at the time, or the $100m never changed hands. Or his "ownership" was always at the gift of individuals with the real power.

I for one do not believe that it is possible to borrow money to buy companies that are having their bank accounts frozen and assets seized because they are accused of laundering money. You might be able to borrow the cash from dubious sources, but Not from bona fides financial institutions with shareholders and regulators to answer to.

Manwin under his leadership then went on to raise 100s of millions of dollars more from wall st to grow the empire, all at a time when the global economic machine was grinding to a halt.

And now he has sold the company for the same $100m and promise of jam later ?

So one would assume that the additional payments come with all manner of caveats. e.g. Forgetting where the skeletons are, taking the rap on the tax charges etc.

So in for $100m, and out for the same sum. Along the way he way he collected some serious criminal charges regarding his personal tax affairs.

Now I dont care about Manwin, Fabian, Mike South, or any of the other peeps getting hot under the collar here. But the dogs in the street know that this story is horseshit, and from what I can see our erstwhile hero appears to have been chewed up and spat out by the company he claimed to own.

He arrived with nothing, and he is leaving with nothing. Except for looming prison time, and some very interesting dinner party conversation. :2 cents:

come on yall im having fun with it LOL

Just wonder if is good or bad news...time will show....

That was a good one.

http://www.unocero.com/wp-content/up...ión-fiscal.jpg

:stoned

ADG

Manwin just laid off 200+ people on Friday from the Montreal office.

Not possible.

The news report did not break on mikesouth.com and he's in the know on everything Fabio/Manwinning.

:disgust

No pal...I proved that you have no clue. If you were really in this business you would understand. Thanks for you input surfmaster.

Good deal! :)

lol!! Good one.. But seriously they canned 200+ people on Friday. Shut down whole departments.

Gonna run a tight money making ship now imo

:thumbsup:thumbsup

You mean a pirate ship. :upsidedow

right,i am surfing the web since 1998! :thumbsup

200 Laid-Off Manwin Employees (well, 201 if you count Fabian/Nathan)... :upsidedow

From Mike South blog, July 30, 2013 (less than 3 months ago):

I remember Fabian posting how Manwin was stronger than ever and expanding...

http://www.asiandivagirls.com/temp/G...dad_Nathan.jpg

http://upload.wikimedia.org/wikipedi...aughposter.jpg

On the bright side, at least the layoffs will improve the employee to restroom ratio. :thumbsup :winkwink:

Strange Factoid: Fabian was forced out of business before Paul Markham closed his business. :helpme :warning :1orglaugh

:stoned

ADG

The close protection budget got busted?