Talking to my accountant tonight, we discussed the possibilities -
a) Great Southern may run as a new entity to harvest trees 'only'
b) His only concern was that banks get first bite of the cherry and my rip up contracts and say remove trees by date **** or we will do it for you - worst situation
c) If you have a loan sold to bendigo bank send em a check for 70cents in the dollar and be done with it... (they still make 50% in a short period)
But surely this would be of great interest to the goverment, afterall it was offset by their tax dollars...
Talking to my accountant tonight, we discussed the possibilities...
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