Joined: Oct. 2007
So um... if Premise Media went bankrupt on a venture that cost $3.5M and netted $8M .... then it appears it was mis-managed. Presumably there are businesses and people that didn't get paid what and when they were supposed to be paid by Premise. The former owners (until yesterday) of Premise get out of paying off those debts. Premise gets auctioned off and the proceeds from the auction are used to pay off the creditors.
The winner of the auction is the former financial backer of Premise (but not the owner?)
Something still seems awfully fishy here.
To complete this, could Ruloff hire Manning as CFO to manage his "new" property?
Being laughed at doesn't mean you're progressing along some line. It probably just means you're saying some stupid shit -stevestory