@KarankaFI @mg_ashmore I've not touched my port still but It wouldnt surprise me if the next comms were from the legal team explaining they are going into liquiadtion and nothing else
@KarankaFI @mg_ashmore Definitely hope not but i think that being a fair possibility has dawned on me today. Hope for the best but expect the worst and all that
@FI_Spyro Another cash grab from FI. Probably wait for everyone to buy up all these players then remove the dividends with the 30 days notice game on those leagues because they cant expand unless they're gone
@FootieIndexAl@room808 @JPB175 @josephmdurso You dont think all the head sheds personal assets are protected.. they will have a lovely retirement if this goes under. Meets the criteria of a ponzi over a legitimate business, if it looks like a duck and all that
@FootieIndexAl@room808 @JPB175 @josephmdurso Business went from let's give customers a great investment to the moon to let's scrape as much money off them as we can before we go bankrupt. Still a ponzi now in every definition of the word because it's still unsustainable and the only way it survives is with new money
@FootieIndexAl@room808 @JPB175 @josephmdurso They started out with intentions of being a solid business.. through constant mistakes the writing was on the wall, they reduced liability and cash grabbed everywhere they could and the platform couldn't survive without new money coming in.
@FootieIndexAl@room808 @JPB175 @josephmdurso Wasnt a ponzi until OB's. since then it became unsustainable and they relied on new money to even break even.. and the cash grabbing began (whilst promising us the world) been a massive ponzi last 6 months
@FIProGambler Would have been same situation but different prices... unless they took a different approach in how they reduced, had a bit of empathy etc then who knows