Please note this is just a formalities and procedures company is following. They are filling the gaps in laws and sooner it will be declare that city limozines is obsconding company.
I am sure that there is no more City Limozines. This people are making all fool and doing all necessary things for them to be live out of bars.
I challange if city limozine returned back. Think guys the business runs only with new customer. now they will not have many new customers and what you think they have money tree?
I am also invistor like you, but not fool. for sure everything is gone, no more city limozines. Even if City Limozine come up as clean company it will have initial impact on generation of new customer. this company was working on basis of get from new and pay to old as major operation mode which will be get affected. hence operating the company under this condition will be tough.
Al 1those who earn from this company and kept invisting in the same will be the biggest looser (I can say nonsense). When you are in gambling business one need to smale the surrounding and situations an need to be smart enough. I am sure those all who smartly acted and not made any invistiment on the earning of this comapny and took it as one time option may not be more affected. but I seen some people took it as profession. buddy they are gone, for sure gone.......
There will not be any city Limozine in future, believe me...... it was a saga and played its role.... and now over... you can see mr. masood and company somewhere in Dubai in nearing future with high end cars under their butt.
All the new customers who might be crying now, are those who are not studying the market and unaware of fact that "Any one can return you till market is rising when marketing is sunsetting only fundamental business can provide the retuns". if it is not case Mr Masood might have become LN mittal or you can say Bill Gate.
Buudy in future think practice before inviting and HAWA ke ROOKH ko PAHCHANO..... or apna jahaj wasse modo. I have invisted in the same company big amount @ 4 yrs back that time I was sure that it will run for 3-3.5 yrs as the market was booming. As I said earlier that I really appreciate the comapny to keep the show going for 1 more year throughout this big recessesion.
Bye........