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I've been watching this company for awhile now and I always thought they had major potentiol especially when they came up with the idea of doing a reality series. But the fact is their finacial position sucks! They need a prayer and the last thing they want to do is breech a contract with the network or everyone else they have to pay on the upcoming television series. Or suppose pay! Does anyone out there have any other input they want to share on this one.
According to the report they need to raise a hell of a lot of money in sponsors just so the damn thing will air. I'm just a little concerned about this one.
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Taber, I got out of this when I found out that they still haven't paid the winners from their 2001 tourney, this combined with their overall debt is a bit disconcerting.
Everything with the celeb and pro signings is great, and the TV deal has SO much potential ... but it worried me that management has been lax on what is essentially paying their bills and making good on their commitments.
Plus their float is the scariest thing this side of QBID.
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