Muffsterpiece
Theater Presents: Pawdark
Chapter
2
The young weimaraner extended his paw, and said, “Captain Pawdark,
I'd assume. My brother spoke rather highly of your family.”
Snoopy
shook his paw, and said, “And I of yours. My condolences for your
loss.”
Taking
his seat, Phoenix said, “Thank you. We need, of necessity, to get
down to business. I'm afraid there hasn't been a substantial
commercial output from your mine for the entire time you were off
fighting the Yankee Poodles. The good news, of course, is that I've
no immediate plans of selling your mortgage to the Fourleggins.”
“What's
the bad news?”
“If
you can't show a decent output in the next few months, I shall have
to call in your loan. I doubt you'll be able to make good in cash.
Then, the mine will be sold at auction.........”
“And
the Fourleggins will outbid everyone else.”
“Correct.”
“What
are my options?”
“You
could sell it to the Fourleggins, and they could absorb the loss.
You'll have the money from the sale, but no means of immediate
income.”
“Do
I have other options?”
“I
was just trying to figure that out now. You could pay off the
mortgage, but with no substantial output for the mine, I dare say
that's not realistic.”
“What
else can we do?”
“You
could sell shares. But that's risky, and given that most of the fur
around these pawrts knows about the, shall we say issues, you're not
likely to get a good price on your Initial Pawblic Offering.”
“Plus,
the Fourleggins could gain control by buying up all the shares.”
“The
other reason that's not a good idea. But I've a pawsability.”
“Do
tell.”
“You
need to difursify your pawfolio.”
“Speak
pawlainly, if you pawlease.”
“The
Fourleggins have control of their percentage by finding related
business ventures to invest in.
“Whereas
I've put all my biscuits in one basket.......”
“Quite
correct-”
“That
gives me an idea.”