I'm really glad EWA is fucking dead and I can stop looking at all that obnoxious high res green/pink media buys with his sweet mouth. he doesnt even fucking lift.
in response the the LLC/debt/bankruptcy - true, an LLC does protect an individual from incurring debt through the company in the case of default, bankruptcy etc HOWEVER most MERCHANTS (and by most, I generally mean all) require you to personally guarantee whatever it is you are dealing with.
I highly doubt that EWA built up a big enough line of credit in order for the company to guarantee that amount of debt, somewhere along the lines ryan or his father signed as a guarantor on a merchant agreement. Only chiming in here because I've personally witnessed this dozens of times in a number of different business dealings and have been forced to sign them myself.
in response the the LLC/debt/bankruptcy - true, an LLC does protect an individual from incurring debt through the company in the case of default, bankruptcy etc HOWEVER most MERCHANTS (and by most, I generally mean all) require you to personally guarantee whatever it is you are dealing with.
I highly doubt that EWA built up a big enough line of credit in order for the company to guarantee that amount of debt, somewhere along the lines ryan or his father signed as a guarantor on a merchant agreement. Only chiming in here because I've personally witnessed this dozens of times in a number of different business dealings and have been forced to sign them myself.