Boston1 wrote: "Olymic is licking their chops at buyin Royal on pennies on the dollar if this continues. They want Royal come Hell or high water."
You're WAY OFF on this one Boston.
All the Promoters are gone from Royal and they have no real customer base anymore.
So there is no real value there but the name on the shingle and some servers,computers and chairs. Christ they don't even have their own software...just a bill for $3 million dollars for software that they claimed to of built
and their curerent CEO was involved with that fiasco.
When they Burned Olympic and
then Fired Scotty...you can BET most of Royal's customers that were still left will be going where Scotty ends up...and I don't think it's going to be VIP either.
Their CLAIM to of had a run-on-the-bank recently was complete B.S. and Posturing as
they didn't have that many customers to pull money out in the first place. So there CLAIM of having their NETeller account drained due to a run on the bank has NO MERIT.
I think it's SAFE to look at what's left of Royal now as:
new Start-up book...with millions of dollars in debt and a really BAD start.