Scott's Shipping Services - FORMERLY UNDER "POSSIBLE LIQUIDATION"

[ld13]

No man @ScottulusMaximus , sorry to hear. Did the lack in loadshedding create a slump in sales?

 

[B-1]

Sorry to all the folks who lost some money here Hope you can get something back

Once the banks and other large creditors are done the average Joe usually gets cents on the Rand back so I wouldn't hold my breath.

Did anyone check if it is really being liquidated? There needs to be public notice.

 

[PaulGherkin]

And yet you didn't hesitate to charge in on your steed

Must be an awesome experience to know everything. I must say. Next time I will try and know everything before, as you said.

 

[calypso]

He can still bounce back from this ... many companies do.

Depeche says:
Now I'm not looking for absolution
Forgiveness for the things I do
But before you come to any conclusions
Try walking in my shoes
Try walking in my shoes
You'll stumble in my footsteps
Keep the same appointments I kept
If you try walking in my shoes
If you try walking in my shoes

Please place a big order so there is some cashflow for people who ordered months ago to get their goods.

 

[ShaunSA]

Must be an awesome experience to know everything. I must say. Next time I will try and know everything before, as you said.

Don't double down on stupid. It makes you look even more foolish

 

[calypso]

Once the banks and other large creditors are done the average Joe usually gets cents on the Rand back so I wouldn't hold my breath.

Did anyone check if it is really being liquidated? There needs to be public notice.

Good point, this is just a claim from Scott via his email. And let's be honest, the info coming back from him lately has not been truthful.

 

[PaulGherkin]

Good point, this is just a claim from Scott via his email. And let's be honest, the info coming back from him lately has not been truthful.

Does that not have to be published in the papers, or in the government gazzette? Not even sure myself.

 

[SHL]

To be fair the surprise trip sounded fishy. But one tends to give people you think you know the benefit of the doubt

That was a hint that he was sinking.

 

[B-1]

That was a hint that he was sinking.

When I read that message I thought what a way to tell you he values you as a customer.
When he started slating other batteries to promote his batteries I also thought it was poor and made the call to go with another more expensive battery brand for my install.

 

[ScottulusMaximus]

1. I did not lie about my shoulder or my trip, the delays caused affected this but were not the base reason.
2. All items ordered were purchased from the sellers.
3. All delivery updates sent were correct and factual.
4. There was full intent to deliver all orders but this is no longer possible.
4. This is a voluntary liquidation, there is no order enforcing it (please research voluntary liquidation, it is a legal requirement for a business, not a cut and run).

Scott

 

[agnouja]

All items ordered were purchased from the sellers.

I am confused. If you actually purchased the items then why not forward them to us? We already paid for everything right?

 

[Supervan II]

Not making excuses for the dude but I've seen this a couple of times before. People try and push ahead and hope that if they keep going they might overcome the setback. Sometimes a setback is impossible to overcome and it can be very hard to accept it, especially if its something you created.

I will probably stand corrected at some point but ja, I think the stress of seeing your company go down the tubes makes you do some pretty desperate things to convince yourself that everything's OK when the ship is in fact sinking.
Also cannot blame the guy for the downturn too much, he was operating in a cut-throat industry.

BULLSHIT!

You realise you are in the dwang and THEN YOU STOP TAKING PEOPLE'S MONEY AND CEASE TAKING ON ANY NEW ORDERS, until old orders are serviced as far as possible to minimise the damage!

HE IS A SCUMBAG who defrauded his customers and misappropriated the monies received!

 

[Foxhound5366]

BULLSHIT!

You realise you are in the dwang and THEN YOU STOP TAKING PEOPLE'S MONEY AND CEASE TAKING ON ANY NEW ORDERS, until old orders are serviced as far as possible to minimise the damage!

HE IS A SCUMBAG who defrauded his customers and misappropriated the monies received!

But tell us how you really feel

 

[Supervan II]

1. I did not lie about my shoulder or my trip, the delays caused affected this but were not the base reason.
2. All items ordered were purchased from the sellers.
3. All delivery updates sent were correct and factual.
4. There was full intent to deliver all orders but this is no longer possible.
4. This is a voluntary liquidation, there is no order enforcing it (please research voluntary liquidation, it is a legal requirement for a business, not a cut and run).

Scott

You are a SCUMBAG!

See post #132

 

[s0lar]

You are a SCUMBAG!

See post #132

No YOU! are a scumbag..

 

[sjm]

BULLSHIT!

You realise you are in the dwang and THEN YOU STOP TAKING PEOPLE'S MONEY AND CEASE TAKING ON ANY NEW ORDERS, until old orders are serviced as far as possible to minimise the damage!

HE IS A SCUMBAG who defrauded his customers and misappropriated the monies received!

I think this point will always be reached at a particular point in time, and all those who purchased before this point would feel they were scammed.

I don't know the particulars of this case and don't know at what point Scott realised that he was no longer solvent, but it is plausible that he only realised this yesterday (as per his comms) and then stopped trading.

On the other hand, he might have known he was insolvent months ago, which would make this a scam from that time on.

 

[giraffe-saddle]

I think this point will always be reached at a particular point in time, and all those who purchased before this point would feel they were scammed.

I don't know the particulars of this case and don't know at what point Scott realised that he was no longer solvent, but it is plausible that he only realised this yesterday (as per his comms) and then stopped trading.

On the other hand, he might have known he was insolvent months ago, which would make this a scam from that time on.

Then he will happily show me the invoices from the sellers for my orders that were placed 2 months ago. But he can't because he was already lying to everyone back then.

 

[sjm]

I am confused. If you actually purchased the items then why not forward them to us? We already paid for everything right?

He wouldn't be able to forward them if they are considered to be the company's stock and the company is being liquidated. What would then happen is that all assets (including debtors and purchased stock, if it's considered to belong to the company) would be pooled together, and all liabilities (including creditors, which anyone with undelivered goods would be) would also be pooled together.

If liabilities are greater than assets then the assets are liquidated and creditors are paid in order of preference (which I think is SARS first, secured creditors like banks next, then other unsecured creditors and finally shareholders, if there's anything left). This sucks for unsecured creditors as there's likely very little (if anything) left by the time their turn comes.

 

[sjm]

Then he will happily show me the invoices from the sellers for my orders that were placed 2 months ago. But he can't because he was already lying to everyone back then.

If he can't show the invoices then that would be a good indicator that he was lying back then, which would mean he was scamming back then. I think it's only fair for him to show proof that he was paying suppliers up to the point when he stopped trading.

 

[RedViking]

Sterkte to everyone. OP and Clients.