Something have been bugging my sources so I guess this have be posted online. Remember when he was here in November 2014 there is a whole schedule of funds which is meant to be disbursed in different tranches. Which James did agree to it very readily.
Yet, there is something very off. During the months when no funds appear and sources requires that he puts down at least 1% of the funding amount to secure the project. He is not ready to do so and says that he does not wants to go into business hastily. Which doesn’t sound quite right in the first place since he have already agreed to funding when he was here on his site visit.
Besides a 1% in escrow is not something unreasonable to secure a development project which could be close to 40M. Secondly, there is a mention that cash will be here only when Maria is here to takeover the bank account. Theoretically speaking when they finally did manage to get here during 5th of March 2015. Shouldn’t funds have been transferred to the Singapore account already rather than him working on some useless SBLCs.
On in all, it seems that he have tripped over himself by being so flaky in doing stuffs. Flaky as in he was supposed to be here in December, January, February but didn’t appear until 5th of March 2015.
We are quite sure both him and Maria will soon get their just desserts, looking at how blessed the blog is.