SMS Promotions Bankrupt !

[mson]

@LieutenantDan @SpacelySprockets @50CentStan @Trey0'5Blue2Gz @ROFL_GUY

 

[A187]

Just a minor setback
The Street King Immortal will always bounce back

 

[Big Boss]

Ross on the next joint..."that SMS money looking funny in the light"

 

[JayGatsby]

damn man ...was hoping he would wade it out


this will only push him harder

 

[Monster]

it's all good. it only failed cuz we decided it was time.

were moving on to bigger and better things.

#SMSAUDIO

50 da GOAT

 

[meth68]

 

[thaKEAF]

Kirkland

 

[Kings County]

anyone laughing doesnt understand business
500k in debt is light
u file bankruptcy without losing any of your personal funds

 

[Krazy]

anyone laughing doesnt understand business
500k in debt is light
u file bankruptcy without losing any of your personal funds

Good for him, however it doesn't change the fact it is a failed venture with his fighters taking Ls...which is cool not every venture is successful however he was out here tryna predict others demises in the boxing business i.e. Jay Z as If he was some vet in the business and was immune to it.

 

[Piff Perkins]

Creating a boxing promotion business in 2012-2015 seems like a stupid idea. That market isn't growing and has limited growth potential. Same with launching a music TV channel (Revolt). Bad markets, bad business.

 

[SpacelySprockets]

@LieutenantDan @SpacelySprockets @50CentStan @Trey0'5Blue2Gz @ROFL_GUY

stop tagging me

 

[DrX]

thats what being an entrepreneur is like tho....u keep trying shyt until something work

 

[Redwing80]

Revolt sinking, Tidal sinking, just read Birdman owes 1.9mil to the IRS and now SMS Boxing

 

[Da King]

stop tagging me

We ain't cool no more?

 

[N.J.stan]

anyone laughing doesnt understand business
500k in debt is light
u file bankruptcy without losing any of your personal funds

Also, this is chapter 11, not chapter 7. Companies file chapter 11 to restructure debt, reorganize, and come back leaner and stronger. Filing chapter 7 is closing shop and liquidating all assets. Fif may be done with boxing promotion, or he may just be cleaning up the company, we'll have to wait and see how things play out.

:happyfif: