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Income is steady at $2000pw Next 4 weeks pays, last pay has 1 projected day (%) Quote:
I could cut 36% pa interest by paying Rick back on the capital. Obviously I can make more than 36% pa returns advertising CamGirls.com Advertising will get the loan paid back in 1 lump sum by the end of the year. :thumbsup |
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something obviously is wrong here. if you cant afford to pay rent while making 8k a month, you need to rethink your daily spending. thats if you really are making that. since no program owner will come forward and verify you as an affiliate. |
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And then the bank statement ... Look at the size of the withdrawals. I think we want to believe no one can suck at money management this much, but he does. |
Don't mention my name again if this is the repsponse I get.
Streamate was BEHIND 2 weeks pay. Where do you come up with so much BS. Yes $2K a week after a long time in the red, you can't suddenly start a nest egg on $2K. |
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Good advice! :thumbsup on the surface of it... |
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You quote interest at 36% per annum so I will guess you are paying 3% per month and have just multiplied it for annual? So $400 x 52 weeks / 12 months = $1733 per month..... so $1733 would be 3% of about $58,000..... That would mean that you pawned camgirls.com for less than $60k ? I hope you at least enjoyed that $60k, and didn't use all of it to support traffic buying for a domain that you paid $350k for its type in value? I am sorry mate but it really does seem like you are fighting a losing battle here. Simple maths. If it was me I would be listening to offers that enabled me to come out of this with something. |
Dont know why but i kind of like camgirls dude, Hit me up if you need anything :)
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So how would you value something like this?
Based on value of loans given out? based on a multiple of interest income receivable on current loans? based on value of domains holding as security? I would imagine some kind of a combination. Considering loans could end up being defaulted upon with interest income ceasing and loan principal not being repaid forcing a sale of the asset at an unknown price OR the loan could be paid off in full one day after the sale, meaning a cash lump comes in but no future income. You would probably need to look at each domain loaned against and make assumptions on an individual basis. Certainly one of the more potentially interesting domain sales in my opinion.... |
i pawned 50
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Im pretty sure Mr. Rick is rich and enjoys developing and flipping businesses for sport.
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camgirls will never get his domain back
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I think camgirls is rick:1orglaugh:1orglaugh
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