Ping Medina admits to a financial crisis; asks for help in the form of cash donations.

 


Due to a lack of money, Ping Medina did not expect to reach the point of begging for donations for himself.  

In an Instagram post published last Sunday, July 25, Ping claimed that he has run out of money this year 2021 owing to business losses and a string of disasters.  


Ping claims that he turned the remaining PHP36,000 into a cockfighting agent and lent the rest to a client.  

He said that his "master agent" had not yet paid him for the cockfight or the money owed to him by a client.  

He didn't want to beg for money, but he needed it to pay the rent on his condo unit and the physical store where his sausage sandwiches business is located.  


On Friday, July 23rd, Ping turned 38 years old.  

Here's an excerpt from Ping's statement:  

"MY WEIRD BIRTHDAY POST  

"Friends, I need a huge favor.  

"See, I tried being a sabong agent last month. My master agent asked me for money to keep our account going.

"I also had a player who would spend 10k a day so when she asked for an advance I thought she was good for it.

"They both haven't paid me. The exact amount is 36k.

"That's my business' rent money and 2 months amortized rent for my condo this coming Aug 1\. I don't know when they will pay.  

"I've been doing okay since the pandemic but I ran into a bad streak this year. The second ECQ killed physical store sales at Bulilith Smoked Sausages.

"Customer traffic is starting to normalize but there were 3 months of people not wanting to go out. I needed another source of income.

"Unfortunately, sabong found me. I never gambled before in my life so I didn't know the effect it has on people.

"Sadly, I've come to witness that it is truly an addiction preying on weak minds."

Ping is said to be ready to give up his life here in Manila and live in the province in case he has no other option.  


He explained, "Thing is, I don't want to borrow money. I'd rather lose everything then move to Sagada to plant crops.

"I'm totally ready to fulfill my life-long dream of being a meditating forest hermit. Lol.

"But if I'm gonna do that I want to be sure I've exhausted all possible means to keep up this lifestyle. I can let go of all this. Lifestyle is not important. Life is."

Ping has turned to his friends and followers on social media to seek money for the needy as he did previously. 

He asserted that he ventured to establish a charity to assist him.  

He bravely said, "So now, I'm publicly begging for birthday donations. For me.

"Doesn't matter if it's 1 or 1000 pesos. Please know that you extending a helping hand is the most important gesture here. Today, I am relying on your kindness.  

"PS. If we're both in need, you can greet me in the comments instead! I was planning to do a community pantry from my sabong earnings but alas. Lol.

"If ever there are excess donations I would gladly use it for that!"  

For the past 23 years, Ping has been a well-known character actor. He is the son of veteran actor Pen Medina and has a younger brother, Alex Medina, who is also an actor.

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