Quoted from truemagoo102:How does Haggis owe DAMIEN almost as much money as all of the paid customers? And when you factor in Hartsco, MORE money than all of the paid customers?
One theory about the Hartsco Pty Ltd debt is that there was a loan/hire agreement between Hartsco Pty Ltd and Haggis Pinball pty ltd for use of industrial machinery assets each day. If that's the case, debt would accrue if unpaid by haggis pinball pty ltd.
The basis of this theory is because the Personal properties security register search for hartsco pty ltd shows industrial machinery in the entity.
If this is the case then money would be regularly moving out of Haggis Pinball Pty Ltd into Hartsco Pty Ltd (whether the loan terms where at inflated rates or not).
Please note that this is just a theory. I can verify parts of it, but I could turn out to be wrong at the end of the day
[Edit: updated with coin's correction]