tag:blogger.com,1999:blog-415437291380609634.post6778321113154140011..comments2023-07-02T08:10:16.159-04:00Comments on Bar Rescue Updates: Bar Rescue - Money Bar (Murphy's Law) UpdateMatthttp://www.blogger.com/profile/08917581663732710258noreply@blogger.comBlogger46125tag:blogger.com,1999:blog-415437291380609634.post-82899103757390559042015-07-25T04:54:41.075-04:002015-07-25T04:54:41.075-04:00Was shown on "What History Forgot."Was shown on "What History Forgot."Mike Harrisonnoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-47141639944211509322015-07-23T01:57:44.796-04:002015-07-23T01:57:44.796-04:00Another bar where the owner immediately reverts ba...Another bar where the owner immediately reverts back to the things that were not working before and was causing them to go bankrupt. Just more stupidity...talljohn777noreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-7937180797580764172015-07-22T09:30:23.006-04:002015-07-22T09:30:23.006-04:00Yeah, what Einstein said: the definition of insani...Yeah, what Einstein said: the definition of insanity is doing the same things over and over and expecting different resultsdwight mannsburdennoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-72389518529448325852015-07-19T15:11:14.293-04:002015-07-19T15:11:14.293-04:00What a joke-- These people get into businesses ab...What a joke-- These people get into businesses about which they know nothing---and fail-- Call BR for a bailout and free publicity-- Then undo all the positive changes made. Idiots.Bart Winslownoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-79129729121836727592015-07-19T12:10:39.532-04:002015-07-19T12:10:39.532-04:00I seriously don't get owners who are stupid en...I seriously don't get owners who are stupid enough to throw away the changes and advice from Bar Rescue and go back to the very thing that wasn't working in the first place! Wtf? Beating a dead horse!Michelle Edwards Leachnoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-81529403983050596542015-07-12T23:38:50.951-04:002015-07-12T23:38:50.951-04:00In "Hostile Takeover" episode, it was pr...In "Hostile Takeover" episode, it was proven that one of the owners could be disowned if the other two had 60% ownership combined.<br /><br />http://www.barrescueupdates.com/2014/03/bar-rescue-sorties-tavern-obanions.htmlGood Sonnoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-41610072092204265962015-07-11T07:42:36.536-04:002015-07-11T07:42:36.536-04:00Michael.... it gets really interesting.
The buyou...Michael.... it gets really interesting.<br /><br />The buyout price isn't based on the original purchase price, it is based on the current value. 40% of a bar that is losing money is worth nothing. And she doesn't have to sell her share if she doesn't want to.<br /><br />A hostile buyout is when a majority of the shareholders vote to sell the business to someone else. <br /><br />What Gary needs to do is offer her something for her share, reminding her that the business is essentially worthless, and will probably go under, meaning she would end up with nothing. You can actually have a business professionally appraised to determine it's real value.<br /><br />If he offers her $5,000 she would probably take it, since she didn't put a dime into the business. It will be either that, or take nothing when they go bankrupt.Marty4650 .noreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-90234221664434470262015-07-09T16:38:05.931-04:002015-07-09T16:38:05.931-04:00if the bar is loosing money he can ask her to pay ...if the bar is loosing money he can ask her to pay 40%. if not turn over a percentage or her stock to match the lost money every monthRednoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-26637437962455766012015-07-09T11:20:58.568-04:002015-07-09T11:20:58.568-04:00Yes... they can "fire her" from her job ...Yes... they can "fire her" from her job as manager, but they cannot "disown" her 40% ownership. You just can't vote to strip a partner of ownership rights. <br /><br /><br />If it was that simple then Bill Gates could still own 100% of Microsoft, despite selling stock to others.<br /><br /><br />This episode really shows everything that is wrong with Bar Rescue. Contrived story, unbelievable characters, and bad actors playing the roles of customers.Marty4650 .noreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-65212044295148602902015-07-09T00:24:25.258-04:002015-07-09T00:24:25.258-04:00Actually, Gary and Nellie at 60% could easily diso...Actually, Gary and Nellie at 60% could easily disown her and then do 50% Gary and 50% Nellie. I'm sure Nellie's ready to do it but Gary's another story tho.Good Sonnoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-26111674250073849562015-07-07T18:58:06.151-04:002015-07-07T18:58:06.151-04:00They shouldn't show a crowd shot if people can...They shouldn't show a crowd shot if people can't fake enthusiasm. That certainly looked mysterious, but not in a good way. Why would anyone agree to drink that? Looked like pond sludge.Kai Rinchennoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-81243098789497088662015-07-07T18:56:15.122-04:002015-07-07T18:56:15.122-04:00Really disappointing episode. Seemed like all weak...Really disappointing episode. Seemed like all weak gimmicks and no "bar science." And a strip mall bar is hard to make nice. It still looks crappy to me. I don't think they'll pull out of their tailspin.Kai Rinchennoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-73289692495754407142015-07-07T18:45:33.858-04:002015-07-07T18:45:33.858-04:00Maria u fat slob, get a real job and quit using pe...Maria u fat slob, get a real job and quit using people u hag!fourtwenty mostwantednoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-7592281821711248062015-07-07T11:54:16.923-04:002015-07-07T11:54:16.923-04:00a dump is a dump is a dumpa dump is a dump is a dumpRednoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-60591735451523144172015-07-06T23:58:11.868-04:002015-07-06T23:58:11.868-04:00I wonder if she payed taxes on the gift ?I wonder if she payed taxes on the gift ?bobwadasnoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-36779209555727087592015-07-06T21:10:07.038-04:002015-07-06T21:10:07.038-04:00Strip mall bars always seem risky, and this one is...Strip mall bars always seem risky, and this one is no exception. They were only doing 7k a month before the awful rescue. <br />The owner dint want to be in the bar business, by his own comments. He was loved up and they decided to open a bar. <br />Bad old name, bad new one, and what a bad concept. Steak and eggs? Perfect for Nevada heat. <br />I think this was a throw away for the show. Shablapnoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-63499770648502092892015-07-06T17:30:11.665-04:002015-07-06T17:30:11.665-04:00regardless of their breakup, he had little to no i...regardless of their breakup, he had little to no initiative to do anything but sit on his ass and drink -and judging by the fact they have gone back to their old ways shows he has no desire to succeed. all he did was salve his ego by throwing her under the bus and getting a free makeover which as it shows he cant even stick to that. it's a match made in dysfunction heaven. all you have to do is wait four months and someone can buy a bar cheap that really wants to make it succeed.remynoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-7591729805368870302015-07-06T17:27:02.557-04:002015-07-06T17:27:02.557-04:00regardless of their problems - he had initiative t...regardless of their problems - he had initiative to work at his own bar and be satisfied to just sit on his ass and drink his own profits away. good riddance -in 4 months someone can get a great deal on a bar.remynoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-13285578153115151592015-07-06T14:13:11.193-04:002015-07-06T14:13:11.193-04:00At least with the new sign, they got the colors of...At least with the new sign, they got the colors of the flag right.Dr. Evil's Brother's Evil Twinnoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-81702978544463023622015-07-06T13:41:24.368-04:002015-07-06T13:41:24.368-04:00P.I.M.P MARIA ,DISGUSTING WOMEN . Hope they are do...P.I.M.P MARIA ,DISGUSTING WOMEN . Hope they are doing ok,but so stupid changing the name back, maybe the women pimp is back :-)Nandingna Indeute Catianoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-62603533284714594122015-07-06T10:55:29.768-04:002015-07-06T10:55:29.768-04:00I would buy her share out. give her what she inve...I would buy her share out. give her what she invested in the Bar plus 10 % <br />$ 0 x 10%= 0.00olee1947noreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-66279286830455763822015-07-06T10:43:56.237-04:002015-07-06T10:43:56.237-04:00Good to see Mr. Taffer having recovered from the &...Good to see Mr. Taffer having recovered from the "sex" bar and giving solid leadership since then. <br /><br />You can lead a horse to water right.Freedom?noreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-58348545222067476742015-07-06T10:39:21.019-04:002015-07-06T10:39:21.019-04:00Yes, I agree. Sure Maria can get fired from workin...Yes, I agree. Sure Maria can get fired from working (like she really did any of that) in the bar, but as a legal owner, she is entitled to her percentage of the profits. Gary stated that he was paying her each month. She should not have received one cent, because the bar profits were in the negative.<br /><br />The only way the other two can get rid of Maria is through a hostile buy out. They will have to pay her 40% of the value of the business (that does not mean profits). They don't have that money (at least not as of the broadcast), so they are stuck with her until they can buy her out.<br /><br />Typical stupid and non-management caused this and most of the other bars in the show to be failures. If you own a bar, it is a business, not a party house. You can't sit around and drink all the booze and let your staff do the same. But, many open bars (as they've said many times in the many shows) that they wanted a "cheap place" where they could party. Then when they wake up one morning with their perpetual hangovers, they realize they need to find a cardboard box and a bridge to live under, because they drank and gave away hundreds of thousands of dollars. I love how they say that they "just don't understand" how they got so much in debt, and they don't know where all the profits went.Michael Generalinoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-77995562836490031042015-07-06T10:27:57.984-04:002015-07-06T10:27:57.984-04:00Well Brad, you are a little right. I actually happ...Well Brad, you are a little right. I actually happen to live in Reno and I know Maria, And Gary. They are together again, and she still sits there today.Jax Rosenoreply@blogger.comtag:blogger.com,1999:blog-415437291380609634.post-56164396030527880412015-07-06T09:58:14.177-04:002015-07-06T09:58:14.177-04:00Updated a few days ago - https://www.facebook.com/...Updated a few days ago - https://www.facebook.com/pages/Murphys-Law-Irish-Pub/205819932794986MattFNGEGnoreply@blogger.com