JimW Posted September 16, 2009 Report Share Posted September 16, 2009 Well read the title basically. I had a gym that went tits up and I doubt Ill be able to sell it, Im considering closing it but don't want to lose VIP. Quote Link to comment Share on other sites More sharing options...
backelie Posted September 16, 2009 Report Share Posted September 16, 2009 http://mmatycoon.info/index.php?title=Company_finances http://mmatycoon.info/index.php?title=Negative_bank_balance If there were no serious consequences to running a company into the ground then everyone could make a company to benefit their own fighters. Quote Link to comment Share on other sites More sharing options...
Guest Posted September 16, 2009 Report Share Posted September 16, 2009 You can always rebuy. Quote Link to comment Share on other sites More sharing options...
DaytonKain Posted September 16, 2009 Report Share Posted September 16, 2009 If it goes bankrupt, yes you will lose your VIP status Quote Link to comment Share on other sites More sharing options...
Guest Posted September 16, 2009 Report Share Posted September 16, 2009 no one really answered the question though . i don't think anything happens if you close a company that is doing badly once it's not in the negative Quote Link to comment Share on other sites More sharing options...
diori Posted September 16, 2009 Report Share Posted September 16, 2009 I don't understand what's so complicated about company finances, losing VIP and going bankrupt. If you close a company, your company finances are transfered to your managerial bank account. If your company happens to have $50,000 when shutting down, good for you. If your company happens to have -$50,000 when shutting down, well... you don't have a lot of time to waste. Quote Link to comment Share on other sites More sharing options...
PSUMike Posted September 16, 2009 Report Share Posted September 16, 2009 If that was true, Lord Thomas Drake would have had to rebuy VIP about 2 dozen times. Quote Link to comment Share on other sites More sharing options...
Eleventhsun Posted September 16, 2009 Report Share Posted September 16, 2009 If that was true, Lord Thomas Drake would have had to rebuy VIP about 2 dozen times. LMAO! Quote Link to comment Share on other sites More sharing options...
Guest Posted September 16, 2009 Report Share Posted September 16, 2009 His gym went tits up, which I assume means he lost money. He went against the advice of the game by taking an Elite coach right away and doesn't have the needed weekly income to pay his salary. So if he took a loan and didn't make 10% on that loan he will lose VIP. It looks like that's about to happen. Quote Link to comment Share on other sites More sharing options...
PSUMike Posted September 17, 2009 Report Share Posted September 17, 2009 His gym went tits up, which I assume means he lost money. He went against the advice of the game by taking an Elite coach right away and doesn't have the needed weekly income to pay his salary. So if he took a loan and didn't make 10% on that loan he will lose VIP. It looks like that's about to happen. Yes but he had a big bankroll from running ECM. You can't blow through 200k in a month of running a gym any way you try. I don't think it went tits up. My guys is his attention span caught up with him and he wanted to do something else. Quote Link to comment Share on other sites More sharing options...
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