Guest lonelywombat Posted July 2, 2011 Posted July 2, 2011 Phone ringing hot today from Pattaya asking who the new owner of La Cage is. Things seemed to have moved fast and the news that the bar was on the market and 3 people had bids into lease, came as no surprise. Tonight news came that all the staff had been retrenched at 1800 sat Thai time. All the TVs and Fridges have been removed and sold. Even as I type I get a text message that highest bidder was successful. I find it extremely sad that Mike who ran the most successful bar in Pattaya and a bar that I envied and admired, should be replaced so quickly. Still it is a great compliment that 3 people lined up to buy the lease as soon as it became available. Maybe those living in Pattaya might have more up to date info. As the bars are closed both Saturday and Sunday, perhaps it will take a little time to filter through. Quote
Guest lonelywombat Posted July 3, 2011 Posted July 3, 2011 Interesting development today. The interested parties expected to pick up LaCage for three fifths of five eights of fuck all. But the asking price for goodwill? is close to seven figures. The general feeling is wait a few weeks and you can get it for next to nothing. it will be interesting to see whose nerve goes first, in what looks like a dutch auction. No reopening very soon ATM Quote
Guest HeyGay Posted July 3, 2011 Posted July 3, 2011 Oh dear I hear you have jumped the gun the worrd on my street tells me a different story, as I see your back peddling now, to try to counteract your up and coming reversal of the sale, but Ill let it all unfold and see where it takes us. I dont know why your phone should be ringing, when your getting your Information from MONTY Quote
