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u don't know that they aren't.
Spare Me. Im sure his intent was not to ride off into the sunset with a lawsuit tagging along.
PP participants will get their shares, what do you care ya cant sell your Tru-up for at least 6mos-1yr. They are on his books in book entry form. Do you just want to look at em?
Serious Question:
Do you have ANY OTC experience outside of PGUS?
Why else would ANYONE in their 60's be in business if NOT to fund retirement?
Something wrong with that?
NO SHIT!! what do you think it is a science project?
as soon as we pass up the folks that are selling so "QMC doesn't fake them out again"
in other words selling out of fear.....this will continue to be nice from here. Like some have already said..Woof and others, once that Milly hits QMC's acct it will change a lot of folks into believers. IMO
still about 4 to 1 bid whackers today.
good luck all
I would think not!
a few are supporting their investments
bids stacked
calling works
not this time. Finally!
sweet update. Tough to argue that one Eh?
Not to mention it wasn't the COMPANY TALKING!!!
Most deals I know of don't CLOSE until there is a finished product!
here ya go:
What constitutes public disclosure?
Making an announcement in a forum to which the public has been granted access (in person or by telephone or webcast), so long as adequate advance notice (including the date, time, subject matter and manner of access to the announcement) has been given. The period of advance notice deemed reasonable will often depend on whether the information is unexpected or critical or time sensitive.
so if a company has a conference call and YOU aren't on it although it was advertised for MONTHS whos fault is it if YOU didn't listen to the info on the call?
No DIFFERENT.
what do you think you deserve special treatment?
That's just stupid. The buyer spoke PUBLICLY at a PUBLIC CONFERENCE.
When the home is built then im sure we will hear a price.
Go to the damn conference that's what they're
for!
There Was/IS no secret they spoke at the conference. No idea what they paid.
its already sold.
But buyer will let it be showpiece for at least a year...they were at the conference
A lot if not most bought in open market (form 4's filed) .
Also a lot purchased way higher and if I remember correctly as high as 1.5 cents or more.
Wasn't referring to u for that. I was directing you to the page that explains how they arrived at the 42 mil number.
Was not meant to be accusatory to you on the reload topic.
Its all anyone has to do is read the appraisal and since it is posted PUBLICLY it can be discussed with CBRE as I did on 1-14-19 for over 1/2 hr with Byron(one of 2 that signed the appraisal).
He was quite thorough in his explanation of what AS IS means (which is really self explanatory) and confirmed that this property is valued at 42 mil.
NONE of the Appraisal Naysayers have shown ANY PROOF of their own baseless argument but that's to be expected when the FACTS ARE STACKED AGAINST THEM!!!
42 mil baby!
Page 92 spells it out for all the folks that just simply DONT understand an appraisal.
The cash flow projections are on that page which are approx. 92million
from that the appraisal backs out costs and the AVG return of roughly 25% for developer LEAVING the CURRENT VALUE OF THE LAND at 42 mil.
Just read the damn thing. If you don't understand it call a pro.
Claiming that the appraisal is not 42 mil AS IS is simply a reloaders attempt to deceive.
CBRE is the WORLDS LARGEST Real Estate Appraisal firm with over 80,000 employees in 450 offices and 100 countries!!!
The BEST THERE IS.
actually it is Both, AS IS and Raw land.
Make sure you wait 31 days to rebuy!! washy washy
wouldn't want ya to lose that tax loss you posted about!
that's funny shit right there!!
If you sold for a tax loss as you stated then why stick around?
Have you checked the "Rezoning" ...i'm done doing the homework for the re-loaders.
Oh I get it now:
I sold for tax write off
You can keep at it all u want it is an appraisal for 42mil AS IS without anything being done.
I get that some would rather fight (especially if a reload is needed) but arguing about this appraisal is idiotic.
call CBRE or just call ANY real estate appraiser.
saying that its NOT with ZERO backup is Bullshit only!
fair enough.
Ask is SILLY
But I do? please.
That's Bullshit about the call....did u call directly to BYRON (on bottom of appraisal intro)?
I called him direct and he called me back...we spoke for over 1/2 hr
This is Nonsense. the Appraised value of this land....is 42 mil.
i'm done with this, call him or don't I don't care.
Its a public document. Stop with the sandbox bullshit and call him yourself.
Or continue with the delusion of the others.
I'm gonna stick with the guy I spoke to since he did the appraisal:
http://www.cbre.us/people-and-offices/byron-bridges
But you can THINK whatever you want.
only 4:47 pm in AZ call now
your text is an answer to a statement I posted to SOMETHING ELSE. No relevance to my post.
Unle you, Like NONO are saying that Cielo Mar is worth 7 mil......lol
Tigerpac, with all respect(Unlike the others that just want to fight) that is IRRELEVANT.
CALL CBRE as I did and learn the facts.
All comps were used because that's all they have to choose from ...again-all that exists.
The appraisal is based on considering all things especially LOCATION and CBRE has CONFIRMED IN FACT that the appraised value of Our LAND at Cielo Mar is 42 million PERIOD. AS IS with not a stitch of building anything.
This is the price that CBRE believes to be the MARKET VALUE if it were to be sold AS IS.
42 42 42 42 42 42 42 42 42 42million. END OF STORY.
Please just make the call ask for Byron and put an end to this misery....lol
why the continued arguments..
If its not 42 mil then whats the results of the appraisal..whats it worth?
42 million
Yes but SOMEBODY did come to play with a Milly bid in the 29's.
Spending 30k in one swoop. It was filled, either pre-planned or just plain filled.
JUST FACTS PT. thanks.
Some folks prefer to twist them, or in this case, they attempted to.
You have ZERO to back up this BS statement:
"IF (& that’s a huge if) the bridge financing comes through, looks as though it’ll be either a combination of debt & preferred equity or all preferred equity. Bottom line, common shareholders are going to be further diluted. And ANY financing will be senior to common stock (No big revelation there)."
Actually that's false, u continue to state BS info on the appraisal so here I'm gonna explain it to you right from Byrons mouth.(The CBRE Appraiser)
PAGE 92 the discounted cash flow statement sums it up CLEARLY.
The revenue sources provide for a cash flow of 92mil + over 10 years, then the COSTS of developing this FRONT section of the property are backed down to PRESENT VALUE of 18mil.(what someone would pay for the FUTURE VALUE of the 92mil revs).
the same calculation for the Larger part of the property yields a CURRENT value of 24mil.
18+24=42mil
Which is the CURRENT APPRAISED VALUE of the land TODAY "BEFORE" the development of anything!!!.
FACT IS SIMPLE CBRE stated CLEARLY that 42 mil is what the Current value of this property is "AS IS" no houses no pool no Golf Course NOTHING....
JUST THE RAW LAND
THE END
PEACE