Quote:
Originally Posted by blackisler
That is just one example of the completely inaacurate reporting by the press and sly and underhand way in which the council have handled this.
Two very important points have been missed. The council's ONLY offer was a short term loan of £250k on the basis that each of the 10 board members personally put up a guarantee of £25k from their own pockets. The council simply did not make the reported second offer and the one that they did make was untennable
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ok, so obviously there's more going on here than was first supposed. can anyone explain the exact figures and process that occurred in the run up to the decision to go into voluntary liquidation? how much money did the council cut and when? how did that affect the amount of profit the lemon tree was making? would it have made a difference?
obivously there's a lot of strong feelings about this and the majority of relatively negative comments are based on disappointment rather than anything else i'm sure.