Thursday, April 14, 2016 4:53:59 AM
Why should investors invest in this company?
Do you think that institutional investors will invest $160M in a company with no SEC filing since 2009, no audited account, based just on unaudited financial reports ?
Even their status on OtcMarkets.com is no more current.
OUR main asset, the hotel Marion is gone. From what i know, they let it go for only $69,900 when we have more than $22M in Equity and Liability based on their latest Annual report (2015).
What was the valorization of the hotel ? $6M !
What a great deal !
Something is not right here !
About the maximal trading volume of 80M : Actually a total of +-250M shares were traded in may'2015 which correspond to the period of the Hotel Marion's closing (end april 2015)!
What a strange coinsidence !
There is no public release since nov'2015.
There is no business plan.
What about the IRS audit ?
...
Mad.
IMO of course, please do not make trading decisions based on my posts...Do your own DD.
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