Originally Posted by Anonymous
Originally Posted by Anonymous
Originally Posted by Anonymous
Everyone is just making things up. Has anyone had an actual issue.? Then stop the BS. This is a very successful business, that has been around for years. No one is going away. These people will work out their personal business issues between partners, and it will be business as usual on the field.


There is a difference between Joe "everyday" and Joe "business man." Joe everyday will allow his emotions to get in the way when making business decisions, whereas Joe business man in most cases allow his intellect be the driving force when making a business decisions. I bet if FL$ opened up their books, the organization will show it's self in the red, especially considering what going on at the present time. It's only business!


This suit should be pretty eyeopening. When they did the deal, fl$ was valued at around $3.5MM. As part of this legal action, I expect there will be various exhibits that provide insight into fl$'s current financials.

Ignoring the action itself, it will be interesting to examine a program's cash flow.


Income tax filing. I bet their expenses are higher than their intake. Many ways to funnel expenses back to themselves through the family. Don't forget their teams mostly attend their in house tournaments. Believe me, the majority of the people giving privates lessons are making out very well, avoid paying taxes on the money (cash) they earn. Therefore, it's a crime if you knowingly avoid paying Uncle Sam.