SMS Promotions Bankrupt !

[Kings County]

Also, this is chapter 11, not chapter 7. Companies file chapter 11 to restructure debt, reorganize, and come back leaner and stronger. Filing chapter 7 is closing shop and liquidating all assets. Fif may be done with boxing promotion, or he may just be cleaning up the company, we'll have to wait and see how things play out.

:happyfif:

 

[really tho]

Coli accountants on they grind

 

[SleezyBigSlim]

Revolt sinking, Tidal sinking, just read Birdman owes 1.9mil to the IRS and now SMS Boxing

This is much more interesting, somebody make a thread
Birdman owing 1.9 mil to the irs means he's really broke like I suspected since it appears he can't afford to promote or release any of his artist albums.

 

[Da King]

Revolt sinking, Tidal sinking, just read Birdman owes 1.9mil to the IRS and now SMS Boxing

Puff, :fif:,

All c00ns and snakes

 

[Ineedmoney504]

I know he salty bout how much money may eating right now

 

[isaak hoover]

Creating a boxing promotion business in 2012-2015 seems like a stupid idea. That market isn't growing and has limited growth potential. Same with launching a music TV channel (Revolt). Bad markets, bad business.

It can work if your fighters aren't losing all the time it aint like 50 invested a ton of money

 

[Fade Runner 2049]

 

[Charlie]

nikkas saw this coming when he tried to start up a company when Floyd was locked up. Fif just too eager.

 

[☑︎#VoteDemocrat]

Start businesses and expect success every time , brehs

 

[So-Chi]

Dapping because I left same pic in Ring thread

 

[I_Got_Da_Burna]

@LieutenantDan @SpacelySprockets @50CentStan @Trey0'5Blue2Gz @ROFL_GUY

 

[The_King_of_Everything]

Revolt sinking, Tidal sinking, just read Birdman owes 1.9mil to the IRS and now SMS Boxing

 

[The_King_of_Everything]

This is much more interesting, somebody make a thread
Birdman owing 1.9 mil to the irs means he's really broke like I suspected since it appears he can't afford to promote or release any of his artist albums.

Richgang

 

[BigIke]

Man I'm ready for college football. I need some discretionary income. Every season at least 20k. (5yr straight) Ain't sharing my formula so don't even ask. I hope I didn't derail y'all lil Thread where y'all count another man's money. I'm getting mine tax free. Shout out to my peoples at 5d.. 2010 xjr the golden waffle joint. I need that in my collection before 2015 bowl season starts. .

 

[I_Got_Da_Burna]

Also, this is chapter 11, not chapter 7. Companies file chapter 11 to restructure debt, reorganize, and come back leaner and stronger. Filing chapter 7 is closing shop and liquidating all assets. Fif may be done with boxing promotion, or he may just be cleaning up the company, we'll have to wait and see how things play out.

:happyfif:

LOL don't try spinning this into a W...over 70% of chapter 11 cases end up filing for Chapter 7 soon after.