BPG 0.00% 0.9¢ byte power group limited

What makes you think the company can't afford to pay it's staff?...

  1. 26 Posts.
    What makes you think the company can't afford to pay it's staff?

    Why is the company still operating? Here is my best guess.
    The company is now essentially a wine distribution business (I don't believe the company has the 'band-width' to be active in IT and wine). I believe the wine business was created to generate a steady and relatively risk-free income for the company to pay down it's debts to related parties (potentially the company's own directors, relatives or friends). In my opinion the company has a future as a wine distribution business (beyond paying down debts). China has a growing 'thirst' for wine and I think BPG know the right people in the right places at the right time to capitalise on it.
 
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Currently unlisted public company.

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