Nick
Administrator
Right so what is the definition of 'asset stripping'?
From Wiki:
Asset stripping is a method in which a company or an individual, known as a corporate raider, attains control of another company, and then auctions off the acquired company's assets. The sold assets are often used to repay the debt of the corporate raider, which may have been increased due to the acquisition.[SUP][1][/SUP] The process of asset stripping is utilised by corporate raiders in order to repay the debts they may have, whilst increasing their net worth. A company that may become susceptible to asset stripping is a company whose individual assets are worth more than its collective net worth.
As sisu's investors have poured in money and the debt is left unpaid you can't really call them 'asset strippers'.
What you are trying to do is to create a following for a witch hunt. That is just so medieval.
You obviously haven't seen Twitter any time anybody questions their logic. This is why I say cult, it is like you must believe the stuff they come out with when they just throw things out there in an argument.
Nearly as random as the person using the Wasps CEO's statement as proof that wasps needed to move else they would die.... Then gobbing off about other people being uneducated and lazy as they haven't researched it.
I think "witch hunt" sums it up perfectly.