MRacer77 said:
Bodykit for e46 M3: Hamann or Flossman GTR widebody
The Flossman GTR widebody. Woo hoo.
Will leave the 19" set-up to Jack.
Time to address those unanswered questions:
MRacer77 said:
Better tax haven, Labuan or BVI?
Has to be the BVI. Labuan simply does not have the financial infrastructure to warrant a premium tax haven status. In fact, in the top private banks, the Labuan-initiated accounts will have some difficulties accessing the credit terms as compared to a BVI account.
MRacer77 said:
to be working for an idiot or to have idiots working under you?
To work for an idiot. It will be long for him to stay as an idiotic boss.
MRacer77 said:
Easier to restructure by: Doing a debt to equity swap or Doing an RTO?
Reverse Take Over.
A restructuring of capital involves creditors transferring credit risks to for share capital. This happens when the going concern of the company (tangible assets plus debt) falls below debt level. No choice but to reduce debt and gearing to a more sustainable level. Financial risk is reduced. But the process is complex, besides the onerous legal and regulatory obligations, especially when the company at issue is listed. There must be a prospect of a corporate turnaround – potential capital appreciation. In most cases, the DE swap is effectively buying time and ensure disposals are not made in a depressed market. The negotiation and completion process is considerably long. Very high execution risk. Plus the swap will often leave a sour note in shareholder’s mind, given the impact of dilution. Bear in mind that effectively the company is transferring credit risks from bondholders to shareholders. In the extreme cases, a management scruffle ensues, as seen in the case of Marconi.
In the case of RTO, the private target company assumes the management of the larger acquiring company, often listed. Cost of listing is saved. Shareholders of the acquirer look upon the management of the target as white knights. It avoid the scrutiny of the capital markets and investment banks in the process.
Winston said:
work from home or work in office alone?
have a condo with underground parking away from the elements of mother nature or landed property with extended basic shelter but still subjected to elements of nature from time to time?
piggyback systems or chip it up?
Home. Is this a stupid question? One kopi on you.
Landed property. Option to extend shelter later.
Why not both? Else piggyback, for new cars with warranty.
SL2 said:
Hugo Boss or Ermenegildo Zegna?
Hugo Boss.
Now, East Asian horror flicks.......
The Ring, or Ju-On?