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Ann: Strategic Investment in Fresh Supply Co. Pty Ltd, page-83

  1. 17,232 Posts.
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    FSCO accumulates debt with no repayment - this has happened so many times with CRO/ Spenda it's hard to keep up with the losses and overpayments

    Spenda takes a minimal stake goes on board and takes continual fees from Spenda to boot (just watch)

    FSCO eventually buys out Spenda for zilch to almost zilch (the escape door)

    Shareholders scratch head in unison

    Repeat
 
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