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Elvis Presley — Part 7
Page 93
93 / 100
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° In regard to aircraft transactions, -PRO indScated that
* he preferred to accept aircraft from individuals who desired
- to nave tacir aircraft repaired. Instead of repairing the
aircraft, PRO indicated he disassenoled the aircraft and sold
the parts. ° . .
_ According to PRO, his usual method of busting out
@ company is to take viable company assets which include both
Liquid and semi-liquid assets and to convert them to less
° valuable assets which only appear to be waluable. He diverts
eash flow and increases business expenses until bankruptcy
radually occurs. in short, he swaps viable assets for
° ss viable ones. . —_
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