Tropical Temptations Sinks
The Latest Victim of Real Estate Crisis
Huff Huldschinsky of ambitious Tropical Temptations (XXX : SLCAPEX) announced recently that XXX(SLCAPEX) had become insolvent and would be ceasing operation.
"I regret to announce that XXX has reached a point where it can no longer sustain the costs of its operations and therefore is closing its doors. I'm unable to provide further financing and the attempts to find a suitable CEO or group that could carry on the turnaround process has been unsuccessful." Huldschinsky said in the official press release.
A Trading Halt was initiated December 11th, and Huldschinsky is quoted as saying "Liquidation will not do anything for the shareholders."
Investor Gordon Wendt praised Huldschinsky's straight-forward communication, "If nothing else Huff I commend you for at least being honest."
Not surprisingly Unbonbom Aabye was quick to appeal for Fundation Sim Volpert intervention.
Published by Nicolo Luminos
I am a journalist in SL who covers a wide spectrum of topics. Currently working on: Financial Sector Documenting RL/SL Synergies Travelouges/Event Coverage View profile
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