InvestorsHub Logo
Followers 2
Posts 694
Boards Moderated 0
Alias Born 12/07/2008

Re: sneaky_peaky post# 35669

Friday, 07/03/2009 5:06:53 PM

Friday, July 03, 2009 5:06:53 PM

Post# of 86719
A few months back I was scanning article related to Liquor Group. A few articles stated that there bailment system (consignment) was being challenged legally. I then read most recently that Liquor Group prevailed legally.

Off the top of my head, I thought that it may make sense. Liquor Group may be hoarding funds, states are short of cash and may be late payers to Liquor Group and lastly - Drinks may have held off shipping to Liquor so not to have inventory held against them while their hoarding cash - which is what is happening now.