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everyone was probably thinking that stereo seems to be a sound organization. i did as well. only for a moment. think again everyone, this is a club. these types of businesses can be very lucrative but at the same time can be devastating. operating costs for clubs and especially afterhours are huge. permits, staff, bookings, rent for the space. the amount of things a club needs to stay on top of is retarded. not surprised to hear stereo's has run themselves into that much debt.
its a shame really. unless we put clubs into public hands which would be pretty funny.
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