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shajandr

06/14/23 11:42 AM

#37512 RE: pepeoil #37506

You raised one of many reasons why it is absurd to believe that Mexico would ever award CMW any project CONtract. No politician or gummint bureaucrat (or any business person) would enter into CONtract for tens or hunnerts or millions of Dolars with a one-man company with no assets.

For ONE reason, because if that no-asset company breached the CONtract,such as failure to perform, there is no monetary recourse for damages as one cannot get blood from a rock. Nobuddy wants to be to blame for that scandal.

And this is why you never, ever, in my experience, see a one-man company with no significant experience, no track wreckord of success, and lacking substantial assets to go after in a CONtract dispute EVER be awarded a tens/hunnerts of millions US Dollar CONtract. Because it would be ridiculous to do so.

The CMW story is nott even remotely bleevble.