50 Cent - I Flossed On Instagram With Fake Cash

[N YO HOOD]

http://m.tmz.com/#article/2016/03/10/50-cent-bankruptcy-court-audio-rap-fans-poor/

 

[Fosheezy]

my nigga said 50 should've signed to Ill Will records hahahaahaaaaaa

 

[N YO HOOD]

All of us rap fans are poor according to his lawyer

 

[5 Grand]

The longer this drags out the worse this gets for Fifty, his petty ass should have jus took the L and settled from the jump. It's gonna be hard for his ass to finesse his way outta coming out of his pockets on this one.

^^^

Nah chapter 11 typically gives you a 5 year range to reorganise then it's back to the tables. He's going to have to pay but it will be on his terms. This is a case of dumb ghetto bird versus rich and well educated black man. Fif uses the law to protect him same way the wealthy white men yall denounce do.

If you were an athlete and settled every lawsuit that came across your lawyer's desk you niggas would have no money left by the end of your careers.

Yeah but the difference is that his earning power is slowly (or quickly) deteriorating. At the peak of his career he earned $200 million in one year. Now he claims he only has $19m in assets. He's not making what he was making in the G-Unit days; Back when he was getting a percentage of what Lloyd Banks, Young Buck, Game and Mobb Deep were making.

Dude's $36 million in debt. He's not getting a percentage of any major artist's sales like he was 10 years ago, his clothing line is defunct, his vitamin water money seems to have dried up and his primary source of income, rapping, isn't anywhere near as successful as it was 10 years ago. From all appearances his biggest source of income is his TV show Power and there's no guarantee that that show will still be on the air in 5 years.

If he really only has $19 million he'll have less than that 5 years from now...and he'll still have to pay.

His only way out is to earn $17 million by 2021 (and then he breaks even). How does he expect to do that if his records aren't selling and his record label is defunct? He has to increase his income and I don't think he can do it.

Edit. If he only has to pay 74% then he owes $26,640,000. That means he still has to earn $7 million between now and 2021. And then he'll be at $0.

^^^ Those are all assumptions that aren't based on anything factual (otherwise post the proof). We don't know what 50 Cent makes a year, we don't even know how many assets he has other than the report from 2 weeks ago.

Chapter 11 bankruptcy has nothing to do with income. It would actually protect it from his creditors. The point of it is restructuring meaning and then negotiate what he has and can take.

The proof is on the homepage of allhiphop.com;

"Unsecured creditors will be paid between 74% and 92% of what they are owed over five years. The faster 50 makes his payments, the lower total amount he will have to pay."

"50 Cent claims to have $19 million in assets and $36 million in liabilities. "
http://allhiphop.com/2016/03/10/50-cent-reaches-deal-with-creditors-over-debt/

 

[xxCivicxx]

The longer this drags out the worse this gets for Fifty, his petty ass should have jus took the L and settled from the jump. It's gonna be hard for his ass to finesse his way outta coming out of his pockets on this one.

^^^

Nah chapter 11 typically gives you a 5 year range to reorganise then it's back to the tables. He's going to have to pay but it will be on his terms. This is a case of dumb ghetto bird versus rich and well educated black man. Fif uses the law to protect him same way the wealthy white men yall denounce do.

If you were an athlete and settled every lawsuit that came across your lawyer's desk you niggas would have no money left by the end of your careers.

Yeah but the difference is that his earning power is slowly (or quickly) deteriorating. At the peak of his career he earned $200 million in one year. Now he claims he only has $19m in assets. He's not making what he was making in the G-Unit days; Back when he was getting a percentage of what Lloyd Banks, Young Buck, Game and Mobb Deep were making.

Dude's $36 million in debt. He's not getting a percentage of any major artist's sales like he was 10 years ago, his clothing line is defunct, his vitamin water money seems to have dried up and his primary source of income, rapping, isn't anywhere near as successful as it was 10 years ago. From all appearances his biggest source of income is his TV show Power and there's no guarantee that that show will still be on the air in 5 years.

If he really only has $19 million he'll have less than that 5 years from now...and he'll still have to pay.

His only way out is to earn $17 million by 2021 (and then he breaks even). How does he expect to do that if his records aren't selling and his record label is defunct? He has to increase his income and I don't think he can do it.

Edit. If he only has to pay 74% then he owes $26,640,000. That means he still has to earn $7 million between now and 2021. And then he'll be at $0.

^^^ Those are all assumptions that aren't based on anything factual (otherwise post the proof). We don't know what 50 Cent makes a year, we don't even know how many assets he has other than the report from 2 weeks ago.

Chapter 11 bankruptcy has nothing to do with income. It would actually protect it from his creditors. The point of it is restructuring meaning and then negotiate what he has and can take.

The proof is on the homepage of allhiphop.com;

"Unsecured creditors will be paid between 74% and 92% of what they are owed over five years. The faster 50 makes his payments, the lower total amount he will have to pay."

"50 Cent claims to have $19 million in assets and $36 million in liabilities. "
http://allhiphop.com/2016/03/10/50-cent-reaches-deal-with-creditors-over-debt/

Logic and facts don't work on 50 fans lol

 

[gemini86]

I was gonna keep quiet and wait for the verdict to come out. From what I'm seeing so far a lot of niggas that hate on 50 are also highly skilled in the accounting department. And the others are lawyers as well. It is what it is though. First it was he's broke now it's he's stupid for lying about finances. Just watch how it plays out

 

[MiamiNights]

I was gonna keep quiet and wait for the verdict to come out. From what I'm seeing so far a lot of niggas that hate on 50 are also highly skilled in the accounting department. And the others are lawyers as well. It is what it is though. First it was he's broke now it's he's stupid for lying about finances. Just watch how it plays out

Hahaha
https://twitter.com/50cent/status/708000671799320577

 

[smp4life]

^ now that IS funny. 50 got jokes. But if it were me in court, I'd shut the f*ck up and stay off social media.

 

[genocidecutter]

Oh 50

 

[TayGettem]

I was gonna keep quiet and wait for the verdict to come out. From what I'm seeing so far a lot of niggas that hate on 50 are also highly skilled in the accounting department. And the others are lawyers as well. It is what it is though. First it was he's broke now it's he's stupid for lying about finances. Just watch how it plays out

Hahaha
https://twitter.com/50cent/status/708000671799320577

He needs to get super kicked in the mouth Shawn Michaels style for his fuckery

 

[Mr 202]

The longer this drags out the worse this gets for Fifty, his petty ass should have jus took the L and settled from the jump. It's gonna be hard for his ass to finesse his way outta coming out of his pockets on this one.

^^^

Nah chapter 11 typically gives you a 5 year range to reorganise then it's back to the tables. He's going to have to pay but it will be on his terms. This is a case of dumb ghetto bird versus rich and well educated black man. Fif uses the law to protect him same way the wealthy white men yall denounce do.

If you were an athlete and settled every lawsuit that came across your lawyer's desk you niggas would have no money left by the end of your careers.

Yeah but the difference is that his earning power is slowly (or quickly) deteriorating. At the peak of his career he earned $200 million in one year. Now he claims he only has $19m in assets. He's not making what he was making in the G-Unit days; Back when he was getting a percentage of what Lloyd Banks, Young Buck, Game and Mobb Deep were making.

Dude's $36 million in debt. He's not getting a percentage of any major artist's sales like he was 10 years ago, his clothing line is defunct, his vitamin water money seems to have dried up and his primary source of income, rapping, isn't anywhere near as successful as it was 10 years ago. From all appearances his biggest source of income is his TV show Power and there's no guarantee that that show will still be on the air in 5 years.

If he really only has $19 million he'll have less than that 5 years from now...and he'll still have to pay.

His only way out is to earn $17 million by 2021 (and then he breaks even). How does he expect to do that if his records aren't selling and his record label is defunct? He has to increase his income and I don't think he can do it.

Edit. If he only has to pay 74% then he owes $26,640,000. That means he still has to earn $7 million between now and 2021. And then he'll be at $0.

^^^ Those are all assumptions that aren't based on anything factual (otherwise post the proof).WE DONT KNOW WHAT 50 CENT MAKES A YEAR,WE DONT EVEN KNOW HOW MANY ASSETS HE HAS other than the report from 2 weeks ago.

Chapter 11 bankruptcy has nothing to do with income. It would actually protect it from his creditors. The point of it is restructuring meaning and then negotiate what he has and can take.

IF you don't know all these things why do you swear he's not broke? The guy might be broke for real,and that doesn't mean he won't have millions but if you go from 200mil to 50mil??

The guy keeps telling the judge he has to keep making his fans believe he's rich to keep his brand and businesses alive and y'all swear he's lying.

Whatever he's doing to convince his fans is working,as for the judge I'm waiting to see if the same shit will work on him too.

 

[BigBallsNoWorries]

This is L for Fif

But considering the multiple streams of income he has

He should make back these lawsuits pretty quick

 

[BackInWhite]

The longer this drags out the worse this gets for Fifty, his petty ass should have jus took the L and settled from the jump. It's gonna be hard for his ass to finesse his way outta coming out of his pockets on this one.

^^^

Nah chapter 11 typically gives you a 5 year range to reorganise then it's back to the tables. He's going to have to pay but it will be on his terms. This is a case of dumb ghetto bird versus rich and well educated black man. Fif uses the law to protect him same way the wealthy white men yall denounce do.

If you were an athlete and settled every lawsuit that came across your lawyer's desk you niggas would have no money left by the end of your careers.

Lmmfaooooooooooooooo

 

[gee757]

Inb4 @gee757

#KidneyFailure ...nuff said

 

[gee757]

http://m.tmz.com/#article/2016/03/10/50-cent-bankruptcy-court-audio-rap-fans-poor/

Lol@ this this muuunkee got the KKK fighting his case no wonder woodface lost.....them crackas is funny talking bout woodface came up broke & so did his fuk nigga fanbase....so woodface broke fuk nigga fanbase wanted 2 see him rich so that's y woodface was actin like a muuunkee on IG tryna impress his fuk nigga fanbase on social media.... These crackas can't b serious smh

 

[5 Grand]

So basically 50 testified under oath (under penalty of perjury) that he's been pretending that he has money when he really doesn't.

He sold his mansion, declared bankruptcy and is $36 million in debt...but his stans are on here arguing that he's a winner with a lot of money.