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Awesome news
Simple Question:
If the appraisal for 42 mil As Is " is Not correct then what is the appraised value of the land?
And nobody can post these so called assumptions that You claim make the appraisal value invalid.
Why is that?
Here:
"as is" clause noun
Legal Definition of as is clause
: a clause in an agreement providing that the buyer accepts the item for sale in its presently existing condition without modification or repair
NOTE: Under Uniform Commercial Code section 2-316, an as is clause releases the seller from responsibility for the quality of the item for sale.
Like this:
"As is" is a legal term used to disclaim some implied warranties for an item being sold. ... "As is" denotes that the seller is selling, and the buyer is buying an item in whatever condition it presently exists, and that the buyer is accepting the item "with all faults", whether or not immediately apparent.
It's funny that NONE of the " real estate experts " like yourself have posted anything that validates their OPINION.
I have posted the facts
I read it. Also made appropriate calls to real estate pros as well.
You stick with what u believe.
Don't really care.
I suggest that those who are confused by the AS IS designation, call a real estate appraiser or CBRE and ask.
That would be equivalent to an appraisal on my house where they said "I don't know what its worth today but if it were Lakefront or you had a pool it could be worth 600k"
So lets just say 600k AS IS ….IF YOU get a pool or if you had a lake here.
LMAO
why some cant understand I don't know
So Simple...and yet for some....SO COMPLICATED. LOL
Since when does anyone on planet EARTH do appraisals based on what COULD BE? as opposed to what it is. Have you EVER owned property, or had an appraisal?
NOBODY
Show me/us where it says that CBRE made these so called assumptions you state.
If they existed the appraisal would say IMPROVED LAND NOT RAW LAND
Dude, enough man unless you can PROVE that assumption then As Is means As Is. undeveloped land just like the Comps!
Those are the facts.
As is does not mean partially developed.
Comps are a simple piece of the math equation to determine the value per acre.
Do the math and leave out YOUR assumptions.
This should have never been in the trips.
Land appraisal at 42 mil and the farming and Co is valued at 900k at these prices.
Crazy, no matter how you slice it!
I'll say
About 12 I believe
AOS,NONON, Purple can read the appraisal....maybe u can too!! LMAO
You should actually read it!
YAYYYYYYY u found the reality
And it CLEARLY STATES that the value is 42 mil
Read the appraisal.
apologies will be accepted all day!! lol
HERE:
https://www.progreenus.com/investors/
scroll down a little its right there.
Under investors tab on website
looking forward to it bro.
you and I have been here for years, you know I don't Bullshit.
I'm right, the others are bullshitting.
ON website under Investors tab....easy to find
Comps of all sizes up to 26 million were used to get an AVG PRICE for Cielo Mar .
THE COMPS ARE RAW LAND, CIELO MAR APPRAISAL IS RAW LAND and "AS IS" is appraised at 42 mil
Dude that comp was 5.93 acres. What are you guys trying to accomplish with this Bullshitting?
Cielo Mar is 5000 acres
You were/are NOT wrong.
Page 71 is a comp for 5.93 acres for 7 mil Cielo Mar is 5,000 acres!!!!!
you cant copy the appraisal....but no need to. You just need to read ALL the lines.
Especially all the RAW LAND DESIGNATIONS.
you need to RE_READ that 7 mil comp was for 5.93 acres....not thousands of acres. LMAO
RAW LAND......LOOK CLOSER
What page are you inferring that from?
Page 71 is a comp of 5.93 acres for $7,300,000.
that's it. wrong again dude.
Its 4.5 MILES OF OCEANFRONT
AS IS does not mean developed...it means AS IS.
WHAT IS AS IS condition in real estate?
As is is a legal term used to disclaim some implied warranties for an item being sold. ... "As is" denotes that the seller is selling, and the buyer is buying an item in whatever condition it presently exists, and that the buyer is accepting the item "with all faults", whether or not immediately apparent.
More OTC experience will show that many a "lesser" stock with more than twice the OS have hit pennies in the past and will continue to do so.
If you have any questions to ask the veteran traders then by all means do not hesitate.
Most don't mind teaching. IMO
You just couldn't "Bobbit" those peppers eh? LOL
Hilarious
and yet:
CBRE gives a very positive assessment of the Cielo Mar land, as well as the market outlook and opportunities for lot/home/condo sales AND the demand from tourism for hotels and condo/home rentals. This is reflected in the Cielo Mar property "As Is" market valuation of $42M.
I can read afterall
The Appraisal was 42 mil for the market value of the property "AS IS".
that's the fact. Any BS to the contrary is exactly that.