Rolex Forums - Rolex Watch Forum - View Single Post - Edited

HMHM · 30 June 2021, 03:04 AM

i think initially they had a good plan - the show was exciting, original and never done before. But like I said previously, TPG has NO LIQUIDITY. It is very obvious that they are struggling for funds. They can sugarcoat the fund raising for all they want as 'wanting to get their supporters involved' but they are not deceiving anybody. The recent episode of Marco suggesting that they allow members in their group to trade direct from 1 member to another directly illustrates that they have NO FUNDS to buy watches for much longer and want to avoid having no watches to offer the 'membership group'.

It does not matter if this is a revamping exercise or not. Personally I would not deal with them because there's too much volatility.

30 June 2021, 03:04 AM	#136
HMHM "TRF" Member Join Date: Oct 2019 Real Name: HM Location: 🇲🇾 Posts: 2,399	i think initially they had a good plan - the show was exciting, original and never done before. But like I said previously, TPG has NO LIQUIDITY. It is very obvious that they are struggling for funds. They can sugarcoat the fund raising for all they want as 'wanting to get their supporters involved' but they are not deceiving anybody. The recent episode of Marco suggesting that they allow members in their group to trade direct from 1 member to another directly illustrates that they have NO FUNDS to buy watches for much longer and want to avoid having no watches to offer the 'membership group'. It does not matter if this is a revamping exercise or not. Personally I would not deal with them because there's too much volatility.