Money movement between a company that's been made insolvent and any phoenix company leaves a paper/digital trail .... unless he used cash.
He would have cashed out as much as he could from the old shoreline and used that cash to set up and provide capital for the new one ... it's as cynical as it is despicable because barnett is cheating the only people left in the industry who trusted him in some way.
But to fuhk Gino over is something you really need to carefully consider - tb obviously believes he's untouchable and elected to cheated him along with the rest of his creditors - that was not such a wise move.
People don't like being shafted in such a cynical way ...
The very thing barnett would most dislike, is for me and the rest of the guys in this thread to have any more ammunition to use against him - this latest move by him has to be for one of two reasons, he's either desperate or oblivious to potential consequences.
Metaphorically, his days are now numbered.
You need cash-flow to run a business and it's merely a matter of time before he's run out of suppliers and/or customers ... his new shoreline incarnation will not survive the test of time because his cash-flow, or rather lack of it, will prove to be his downfall ... and when that day comes, we can flush the toilet and be rid of him.
He has nobody else to blame other than himself though I'm sure he will tell his bunch of haemorrhoid sycophants that he's been picked on by the big boys and he's a poor poor victim.
We've heard that line again and again over the years ....
The truth however is glaringly obvious - he ran out of people to cheat - all he has left now is to cheat his customers in an effort to reclaim as much cash as possible before he pulls that final plug.
I was right about him all along and I will be proved right about my final prediction - he will take money in for future events and when he's got what he thinks is the most he can get, he will make an announcement that he's folded, yet again.
And for all those people who've stood by him and will end up being cheated out of their entry fee, I have little sympathy, it's not as if I didn't warn them though I'm loathe to say they deserve it.