Some people are making the rediculous assertion that not paying the rent, not paying Lycos, and "hiding in China Equities" is being done to protect assets from the SIMers.
What a load a cr*p!
If anything, if you had somebody after your assets, you'd want to get rid off assets - pay off debts, pre-pay anything you can pre-pay, etc. You wouldn't want to let debts go unpaid and then pile up cash. Because if they WERE successful, and got a judgement against you, you'd be in a heap o' trouble, with them getting your cash, and you left owing money to everybody else.
Further, selling Pat Hayton's personal shares to China Equities doesn't do anything to protect the company. It may protect Pat Hayton personally, though, if somebody should try to come after HIS assets. |
