Our adventures in the Turkish Republic of Northern Cyprus continue....

There is a nasty rumour going around today that will do nobody any good in the current climate of property sales and values.

The rumour is that Greatstone Construction have made application for bankruptcy. I have had the opportunity to check this out and it is blatantly untrue. I have also talked this through with Tass, the MD of Greatstone and I believe him when he says, "If I was going to do this, then I would firstly mail all my customers and suppliers in advance".

He fully admits that times are very hard and that he has discussed the consequences with his lawyers and accountant should he need to consider this action, but is quite specific in saying that it will be the very last resort as far as he is concerned. it is a great shame that people can start these rumours without considering the consequences, guess it is probably another of those blog site insinuations.