Reddit reviews The Restoration of healing in the African American Church
We found 1 Reddit comments about The Restoration of healing in the African American Church. Here are the top ones, ranked by their Reddit score.
We found 1 Reddit comments about The Restoration of healing in the African American Church. Here are the top ones, ranked by their Reddit score.
The money doesn't add up I suspect.
They issued £500m of bonds to pay off Dennis and invest. Ojjeh bankrolled the F1 operation last year (and I guess, this year too).
On top of that there is a government investigation, which I assume is still going on : https://www.telegraph.co.uk/business/2018/06/30/mystery-investigation-could-put-brake-mclarens-profits/
The good news is that article would appear to be wholly misleading in terms of finances - it quotes a drop in revenue and a £66m loss and reduced output of road cars, yet the Q2 report (https://s3-eu-west-1.amazonaws.com/1036981-static-assets-portal-production/investors/direct_uploads/1535525096_McLarenHoldingsLimitedInterimReportH22018.pdf) says the exact opposite. I also note from that report they are selling more shares to generate cash.
The bonds need to be paid back + interest at some point (I think the original term was 3 years), wouldn't surprise me to see them float on the stock market to achieve that, unless they can find some wealthy backers.