Spill the beans Gene!!
LOL
If I remember correctly...............
..
According to this video: Supposedly Lobster wanted to buy his "dream home", but he needed money. So he convinced a dear friend of his to loan him money in exchange for 3% of his booming multi million dollar company. And he was to pay back his friend scheduled payments from his company. Eventually, Larry stopped paying back his friend and defaulted on the contract. And the friend had no money to pay his own bills.