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Phyllis can't add! 25% doesn't make you an owner! LOL

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  • ShesAllThat
    Aspiring soap scribe
    • Mar 2004
    • 17889
    #1

    Phyllis can't add! 25% doesn't make you an owner! LOL

    oh boy i have to hand it to victoria today - getting 75% ownership of "phyllis's" hotel was genius!!! and then phyllis with only 25% still claiming it is HER hotel was the icing on the cake! no baby girl it is not yours anymore!
    Tags: None
  • RockinNwatchin
    Recurring Poster
    • Jan 2007
    • 279
    #2
    I am loving this new wheeling and dealing Victoria!

    Comment

    • ShesAllThat
      #2.1
      ShesAllThat commented
      October 8, 2020, 02:39 PM
      Editing a comment
      that was a smart move and i did not see it coming!!!
  • YoungBold
    Board Regular
    • Nov 2012
    • 659
    #3
    Damn... Lost opportunity. Phyllis could've brought Lauren in instead of more Victoria. I know, I know, writers have chosen not to use those characters but it would have made more sense as they are friends, Lauren's business portfolio likely needs to diversify a bit and Michael could get involved more with Phyllis in the day to day.

    Comment

    • ShesAllThat
      #3.3
      ShesAllThat commented
      October 8, 2020, 02:40 PM
      Editing a comment
      TunerEyes is right - Lauren and Phyllis had a big to-do a while back. Lauren was done with her!
    • WorldTurner
      #3.4
      WorldTurner commented
      October 8, 2020, 08:57 PM
      Editing a comment
      It Lauren has that kind of money these days, then she should buy out Jabot and get complete ownership of Fenmores for herself again rather than helping Phyllis.
    • YoungBold
      #3.5
      YoungBold commented
      October 24, 2020, 01:09 AM
      Editing a comment
      I don't think she has buy Jabot out money but Grand Phoenix is probably doable. She runs a department store so she must have access to millions. Last storyline with Jabot put it closer to the Billion mark.
  • thecourt99
    Aspiring soap scribe
    • Jun 2008
    • 23938
    #4
    I have a love/hate relationship here.

    I enjoy Nick and Victoria's relationship. I hate that this may sour that relationship.

    I hope that it is never lost that Phyllis tried to go around Victoria. If NE has a contract with the GCAC, Phyllis was putting NE in a position where they could be sued by using her hotel. Phyllis asked for it. She got what she asked for.

    Comment

    • ShesAllThat
      #4.1
      ShesAllThat commented
      October 8, 2020, 02:41 PM
      Editing a comment
      i don't care what Nick thinks!! he is so stupid and would get mad at his sister but not phyllis for what she was trying to to with NE!
    • TunerEyes
      #4.2
      TunerEyes commented
      October 8, 2020, 02:45 PM
      Editing a comment
      Actually it would be Victoria’s fault if knowing NE had the standing contract with GCAC and she signed with Phyllis. Phyllis is always out for herself. Victoria at least knows that.
    • thecourt99
      #4.3
      thecourt99 commented
      October 8, 2020, 04:35 PM
      Editing a comment
      TunerEyes You are correct. That's why when Phyllis went directly to Victoria, she said no due to the contract with GCAC and the fact that she doesn't want to get into business with Phyllis. Phyllis ignored that and tried to begin wooing NE's clients directly. If she'd succeeded, it's possible that NE would have still been on the hook. Not so sure how that would work in soap world though.
  • TunerEyes
    Soap Addict
    • Dec 2014
    • 5608
    #5
    I don’t understand why Victoria would Ever want to be business partners even at 75% with Phyllis. The chick was happy to send you and your mom to jail while she made a deal and was getting off.

    If this is the beginning of Victoria going after Phyllis however that could be fun to watch. Will pit her against Nick tho...until he finds out she had a big part in changing meds on Victor...well maybe not...until he finds out she helped Adam steal his company...nah not that either.
    Last edited by TunerEyes; October 8, 2020, 02:39 PM.

    Comment

    • PattiePancake
      Recurring Poster
      • Nov 2018
      • 415
      #6
      I haven't seen the episode yet, but I don't understand why Phyllis didn't go to Nick or even Jack. I'm sure Nick could have bailed her out with the tax bill instead of her giving up 75% of the hotel to Victoria. Phyllis and Jack seem to be on better terms nowadays - she could have asked him for a loan. Just silly.

      Comment

      • Soapfan54
        #6.6
        Soapfan54 commented
        October 8, 2020, 07:54 PM
        Editing a comment
        henyvo02 If Phyllis used the hotel as collateral for a loan, then it's the WHOLE hotel. If Vicki demands immediate payment and Phyllis can't repay it, then the GP is legally Vicki's.
        Banks/Gov't/State entities aren't in the partnership business. Loan default is a loss for them but a gain in that they then own the WHOLE property, which they can then sell to cover their loss. Vicki bought the debt (which apparently amounts to 75% of the GP's net worth), so whatever entity loaned Phyllis the $$ is off of the hook.
        Phyllis is in a bad spot and Vicki appears to be in b*tchism mode...
      • prissaO
        #6.7
        prissaO commented
        October 8, 2020, 08:55 PM
        Editing a comment
        Everyone else is right - it is more drama to have Vic and Phyllis pitted against each other. No excitement in Jack or Nick helping Phyllis. Too easy.
      • KendallSam
        #6.8
        KendallSam commented
        October 11, 2020, 12:43 PM
        Editing a comment
        Sounds like Bilky's Brass and Sassy deal. I hate the writers for this dumbness.

        Oh well, I guess they have a reason for it, they never wanted Phyllis to own the hotel outright given all of the convulted missed opportunities... Including this one. I'm over it now and no longer care who owns GP. I won't even care if Victoria ends up being the owner ?‍♀️.
    • Marieny01
      Under-Five
      • Oct 2020
      • 4
      #7
      With her 25% Phyllis is the only independent owner the other 75% belongs to the lenders
      Phyllis is trying to do right and just run her hotel why is it when Victoria does something underhanded. t's ok to change the storylines a little let Phyliss and Adam come out winners once in awhile I would like to see Adam and Victor bring down Billy Boy and see Victoria temporarily lose being head of the corporation let her and Billy be the heavies for awhile.

      Comment

      • thecourt99
        #7.1
        thecourt99 commented
        October 8, 2020, 04:42 PM
        Editing a comment
        But Phyllis isn't trying to do right. The concept for the hotel was stolen from Nick. She's doing it herself now, but she used underhanded methods to prevent Abby from building a competing hotel AND she went into too much debt to buy Abby out. It wasn't smart. When Victoria told her no, she said that they had contracts. Phyllis didn't care and her actions could have put NE at risk. Phyllis wasn't trying to do right. She was trying to be underhanded and her hand got slapped.
      • ShesAllThat
        #7.2
        ShesAllThat commented
        October 8, 2020, 06:12 PM
        Editing a comment
        Phyllis - trying to do right! OMG that is hilarious!! after all she did behind abby's back to steal her share of the hotel. she is always doing somehing underhanded and got stopped in her tracks!
      • KendallSam
        #7.3
        KendallSam commented
        October 11, 2020, 12:47 PM
        Editing a comment
        The concept for the hotel was always Phyllis. Nick owned the real estate property via Dark Horse which owned many many real estate properties (including the stores that housed the Jabotiques, that we no longer head about).

        Adam took over Dark Horse and Phyllis sold the Jabotiques property to Jabot/Jack while offering Nick lots of his real estate, he passed so Phyllis gave Victoria/Newman Ent. a very generous deal on those properties.

        Vikki has no reason to want to hurt Phyllis given their last interaction before this was a good deal for Newman and a middle finger for Adam. ?‍♀️
    • marciat
      Senior Board Member
      • Apr 2017
      • 1732
      #8
      Isn't that an Adam trick Victoria done though? Adam bought the debt of Dark Horse right under Nick's nose. I guess she learned it from her younger brother.

      Comment

      • thecourt99
        #8.1
        thecourt99 commented
        October 8, 2020, 04:40 PM
        Editing a comment
        Actually, Victor did something similar when he bought the building that was used to run Restless Style. Victor did that to Nick.
      • Anotherwoman
        #8.2
        Anotherwoman commented
        October 9, 2020, 05:47 AM
        Editing a comment
        Yes Vickie is doing just what she has always said she hated about Adam.
    • henyvo02
      Senior Board Member
      • Sep 2008
      • 2072
      #9
      Victoria does not own 75% of the hotel she owns the loan there is a huge difference unless she calls in the loan and phyllis can not pay she can the take over .

      Comment

      • Anotherwoman
        #9.1
        Anotherwoman commented
        October 9, 2020, 05:47 AM
        Editing a comment
        Good point. You are correct.
    • Doe
      Soap Addict
      • Aug 2004
      • 7289
      #10
      That must have been some tax bill.

      Comment

      • couplingchick
        Soap Addict
        • Oct 2004
        • 5725
        #11
        Originally posted by henyvo02 View Post
        Victoria does not own 75% of the hotel she owns the loan there is a huge difference unless she calls in the loan and phyllis can not pay she can the take over .
        Now storyline wise this makes much more sense so hopefully Phyllis can pay it off so she doesn’t have to deal with Bossy Victoria but with that said... I feel like a Phyllis Vs Victoria battle is much more appealing then all the non sense dealing with bratty Abby.

        Comment

        • Russellgm
          Contract Poster
          • Apr 2018
          • 3165
          #12
          I am so glad. She is getting what she deserves. She blackmailed that hotel away from Abby and Chelsea and now look at how much of it she has. She is not a very good business person not to consider Uncle Sam is coming for his first.

          Comment

          • KendallSam
            #12.1
            KendallSam commented
            October 11, 2020, 12:50 PM
            Editing a comment
            Abby walked away on her own. Said she had plenty of money and Abby decided to build a new hotel next door.

            I believe the new hotel has been dealth with.
        • Juniors farm
          Senior Board Member
          • Feb 2016
          • 1701
          #13
          Phyllis is a dumb ass ! Everytime she is in business or has a business it always goes belly up ! LMAO GO Victoria!

          Comment

          • Soapfan54
            #13.1
            Soapfan54 commented
            October 8, 2020, 08:03 PM
            Editing a comment
            That's because she's always stealing or blackmailing to get something. The law of reciprocity: "One can never keep what they steal--w/o a price!!!
        • lindaalleman
          Board Regular
          • Oct 2011
          • 857
          #14
          I want to see Phyllis lose everything.

          Comment

          • rike
            Soap Addict
            • Jul 2008
            • 6405
            #15
            Originally posted by ShesAllThat View Post
            oh boy i have to hand it to victoria today - getting 75% ownership of "phyllis's" hotel was genius!!! and then phyllis with only 25% still claiming it is HER hotel was the icing on the cake! no baby girl it is not yours anymore!
            I wished Victoria would have jumped immediately in to remind her that from now on Victoria was her boss.

            Comment

            • ShesAllThat
              #15.1
              ShesAllThat commented
              October 8, 2020, 08:16 PM
              Editing a comment
              i was hoping she would say this too! don't know why she remained quite.
            • Doe
              #15.2
              Doe commented
              October 9, 2020, 09:44 AM
              Editing a comment
              LOL, that would have been great.

              I enjoy Phyllis and Victoria in scenes, very entertaining. Hope we see more. Guessing we will. Chuckle~Chuckle.
            • henyvo02
              #15.3
              henyvo02 commented
              October 9, 2020, 10:22 AM
              Editing a comment
              Victoria owns the loan she does not have 75% ownership in the hotel unless she calls in .loan and phyllis can not pay
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