Quark
April 26 2005 10:17 AM EDT
Selling +55 DB's to slurps for "4.7m with 1.7m down and the other 3m over 2 weeks or as soon as people start paying the $$ that they owe me" (CM quote)
DBs will be out of rentals in a day, at which time I'll ask for the downpayment and send the boots. slurpz to post payments on this thread for tracking purposes.
slurpz
April 27 2005 6:45 PM EDT
slurpz (Monk) 70.21.163.26 G Maximus (Murcielago) $1700000 -- db downpayment 6:45 PM EDT
Quark
April 28 2005 10:30 AM EDT
G Maximus (Grunt rental) 198.96.180.245 slurpz (Monk) A Pair of Displacement Boots ($3484492) 10:29 AM EDT
Quark
April 28 2005 3:15 PM EDT
bump to keep on my recent list
Quark
May 5 2005 5:10 PM EDT
bump for my recent messages list. Due date is May 9 (relevant since I'm repaying Ranger a mil with some of these funds)
Quark
May 18 2005 12:41 PM EDT
Slurpz is providing partial payment with items. List below is to estimate the value relative to the 3 mil outstanding debt. I've assumed the ToA goes for 2/3 of NW and that base BG are worth a mil.
Item NW Value
TOA $415,588 $277,059
Beleg's $67,119 $1,067,119
Exec $189,164 $189,164
Cash $1,200,000 $1,200,000
Subtotal $2,733,341
Under discussion also is a late fee. At the time of the loan I was seeing a 2 week interest free loan, then 10% on the balance compounded weekly - it would imply $300k in interest on the 3 mil outstanding balance
Brings my estimate to $265k short + $300k interest = $565k outstanding.
slurpz to post his thoughts as a reply.
Quark
May 18 2005 1:29 PM EDT
Belegs in auction - if they sell for more, market value will be revised.
Quark
May 19 2005 9:47 AM EDT
OK - BG sold for $1.4 mil - face value of debt is even. Only outstanding is the late fee which was not negotiated beforehand (more of a sign of good faith).
Quark
May 20 2005 12:16 AM EDT
BG and ToA sold well in auctions - debt considered fully settled. Thread closed.
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<a href="/bboard/q-and-a-fetch-msg.tcl?msg_id=001JFo">G Maximus / slupz p/p record</a>