Dead parrot company and was since the day they accquired it and agreed to take on it's debts - which they didn't.
It starts with trust and competency and both were deficient. How can any bank trust a company that is owned/managed/manipluated by a family with fraud and drug manufacting connections and the Mexican "Doc" who still owes taxes in that country?
People that try to buy malls and whatever by dumping several million in cash on the table are not to be trusted.
Only my
worth - but there is plenty money floating about - more than iBill's deficit and forecast to be in the region of $300mill but that can't be shown either because it's the proceeds of another Galanis fraud where loads of people were milked out of their homes.
It's only a matter of time before shit comes home to roost.