Dachsies With Moxie

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.”