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Woo Hoo a terrible open! This is wonderful!
I think Linda (Rosesandsunshine) was the most factual and detailed DD poster I have seen. WOW.
I am reading her posts one at a time and I have to say I am blown away.
Ears pinned back, falling out of my chair, blown away...
I like the grades she gave each person on the team and the over all project by it's elements, very well written and very interesting!
She did have a great way of putting things down and right in your face facts that seemed to confront the heavy handed bears at the time. Yet she did it with flowers and honey.
Cheers Linda, AKA Rosesandsunshine: You will be missed!
HA HA HA DOG YEARS. That is the laugh I needed today. Came late in the day, but was worth it. Thank you.
I am interested to see when this number change is going to happen and symbol. Might get things started here.
I am still here and still holding. I am hoping to add another million.
more shorts, what a suprise!
Looks like some good things are happening here. If it is Piere's Night Club we are going to explode past ten cents. It is the number 4 in the world for tickets sales 21 and over!
He look, some shorting, what a suprise.
I am out of Ammo right now, had a huge expense out of no where.
Agreed, no reason to be known as Exit Only.
And for my final post here on my tripple count post click, I want to say that I think this project is headed for the dollars, and I can't wait to see these short loose money.
It will make me smile to see them hurt.
Well I seemed to have hit the post key more than once in my anger that this stock gets shorted more and more every day.
I hope these shorts are in a terrible accident on the way home and the money they steal from us goes to ease the pain of loosing thier hands.
No better than common thieves.
I wonder how much of this is shorts again.
Lets see a strong close today, Mondays are always interesting.
Not a bad day after a brutal week last week.
Correction to post 5793
The issue is that it is not a massive sell off; it is just shorting the stock. Average 40% a day in shorts for two weeks and still holding value is strong. VERY STRONG!
I would like to see some news from the company soon too, but they are not ones who PR everything they do.
There is a reason this is not like the other pinks, so to demand news everyday like we are used to seeing from other Pinks is not within the playing field here IMO.
This project is not your typical drive thru investment where you order it and by the time you drive up to the window you have flipped out for a few bucks.
This is a Thanksgiving dinner, slow cooked all day with Grandma's blend of herbs, Aunt Jane’s green bean casserole, and cousin Midge’s homemade apple pie. It comes complete with all the characters including that one cousin who shows up to holidays that you tolerate just because it is the holiday. (You know who you are)
Yes! It takes a little longer than the instant gratification of garbage you inhale on a daily basis followed up by a hand full of Tums, but one once it is on your plate (or in this case in your account) you are very happy, grateful for the experience and the memories are there for you and your entire family.
These guys do not PR share buy backs, election of a new pee or cleaning lady, how many miles the company car has, possible letters of intent, discussions of a possible MOU, drawing board possible ideas, or hypothetical travel plans.
They just work and put out the information that is needed like. "We closed the deal, we are building this, and soon we'll change the name of the company because Exit Only does not fit what we do.
Mr. Miyagi says breath in through the nose, out through the mouth. I am breathing easy and watching closely.
Cheers, and let’s make some money...
Earlier it was posted over and over again that there was no shorting, and no evidence of shorting at all. It was nothing more than the mantra of promoters and pumpers.
Now that evidence has surfaced that there is shorting the story has changed to there is little shorting and that I and others are misunderstanding/ misreading the amount of shorting that is actually occurring.
So which is it? No shorting?
Or just a little shorting?
Please clear this up for me...
The issue is that it is not a massive sell off; it is just shorting the stock. Average 40% a day in shorts for two weeks and still holding value is strong. VERY STRONG!
I would like to see some news from the company soon too, but they are not ones who PR everything they do.
There is a reason this is not like the other pinks, so to demand news everyday like we are used to seeing from other Pinks is not within the playing field here IMO.
This project is not your typical drive thru investment where you order it and by the time you drive up to the window you have flipped out for a few bucks.
This is a Thanksgiving dinner, slow cooked all day with Grandma's blend of herbs, Aunt Jane’s green bean casserole, and cousin Midge’s homemade apple pie. It comes complete with all the characters including that one cousin who shows up to holidays that you tolerate just because it is the holiday. (You know who you are)
Yes! It takes a little longer than the instant gratification of garbage you inhale on a daily basis followed up by a hand full of Tums, but one once it is on your plate (or in this case in your account) you are very happy, grateful for the experience and the memories are there for you and your entire family.
They guys do PR share buy backs, election of a new pee or cleaning lady, how many miles the company car has, possible letters of intent, discussions of a possible MOU, possible ideas, hypothetical travel plans.
They just work and put out the information that is needed like. "We closed the deal, we are building this, and soon we'll change the name of the company because Exit Only does not fit what we do.
Mr. Miyagi says breath in through the nose, out through the mouth. I am breathing easy and watching closely.
Cheers, and let’s make some money...
Next event(s)
(if I am off base guys please feel free to jump in)
1) I have heard is a ticker change and number change which will make these shorts pay the piper, in the short term at least. But like a sexually transmitted disease I am sure they will be back at some point. They are the gift that keeps on giving.
2) Then as I understand it assets have been placed into the company and a release of financials is forthcoming.
3) There has been some talk around town that there is already in existence a master architect plan . It was on the local news that it was presented to a merchant association, but we have seen nothing of it. I am sure that is a huge event and will drive volume and price.
4) At some point there should show up a contract for the land. That asset would certainly move the price and the volume. I have a ball park figure of $15,000,000.00 from the land, but that is just an estimate we put together
5) I think these guys will be very creative in their financing as well. Besides the traditional debt to income ration on a project grossing $40,000,000.00 annual, these guys have been building real estate for some time and I expect they will have a creative team of tax attorneys, financial planners and accountants working on how to maximize the bang on this one.
One amazing product I was just told about recently is a premium life finance insurance policy. A CEO or Officer can take a life insurance policy on themselves. If they have a million dollars in assets they can take a two million dollar policy, and get one million in cash the same day.
These number crunching pencil necks have come up with a way to take out millions of dollars in life insurance policies and make the company the beneficiary.
Placing that money and a portion of assets into an annuity inside a non biological entity such as a trust and passing it on to the company makes all of the payout tax free.
In the event of expiration of an officer, or maturity of the annuity/ trust, the life insurance and other assets that have been placed inside this financial mechanism that have been building tax free @ ten year note plus 3% in addition to any other leverages/ financial tools used go into the trust which dissolves that money then passes directly to the company tax free.
The up side to the officer and his beneficiaries is this money hits the Outstanding Share Structure and jumps the price up. So if you are the CEO sitting on 200,000,000 shares, you have just passed on a powerful tool to your next of kin and taken care of them for generations.
Upside for the company and the share holders is you have increased net worth. As I understand it and it was told to me the maximum you can have for insurance is $50,000,000.00 in the United States.
While $50,000,000.00 is not record breaking money in the stock market, that combined with all of the other money the company has made and financially leveraged can put this over the cusp of small business to big business.
previous example...............................................
I believe that a water park, an Imax, a resort, the night clubs and all other things came out to be estimated conservatively at $40,000,000.00 total annual gross.
That number is still a very large income for a company. It may not be fortune 500, but $40,000,000.00 annual is darn good on an OS of 240,000,000 shares.
Even if it is a one to one ration of just the gross profit
$40,000,000.00 divided by 240,000,000 shares is .16667.
That does not include the land upwards of $15,000,000.00 estimated worth of the buildings $140,000,000.00 estimated
any other assets $5,000,000.00 estimated
Just a straight dollar amount of gross divided by the amount of shares if they build a water park, IMAX, and hotel.
200,000,000.00 financed over 15 years estimated (made up off the top of my head, I am not a loan broker) $2,000,000 per month in payments. Over 15 years equals $360,000,000.00 total payout to lender. ( Again I could be way off, I am not a loan broker)
60 million of this pays for misc cost, furniture, labor, food products that can be used over the 15 years.
Let’s say these guys half a brain and they put this $60,000,000.00 into an investment with the guys on their web site. Tax free bonds right now as I understand it pay 12%. 12% of 60,000,000.00 is 67,200,000.00
Year One: $67,200,000.00 -4,000,000 in labor/expenses= 63,200,000.00 remainder of capital
Year Two: $70,784,000.00 -4,000,000 in labor/ expense = 66,784,000.00 remainder of capital
Year three $74,789,080.00 – 4,000,000 in labor/ expense= $71,789,080 remainder on capital
Year four $83,773,849.60 -$4,000,000 in labor/expense= 79,773,849.60 remainder in capital
Year five $89,346,711.55- 4,000,000 in labor/ expense= 85,346,711.55 remainder in capital.
The point is this can be a tool, not a liability.
Now lets combine the basic example numbers here of 40,000,000 annual minus the 2,000,000 monthly payments over each year equaling 16,000,000.00 annual.
Over five years this resort can net $80,000,000.00 + the $85,346,711.55= 165,346,711.55 earnings
Earnings $165,000,000.00 estimated
land $15,000,000.00 estimated
Buildings $140,000,000.00 estimated
Other assets $5,000,000.00 estimated
five year total $325,000,000.00 estimated
Five years of payments $120,000,000.00 estimated
remainder of loan amount $240,000,000.00 estimated
Leverage with the right debt wraps, investments, holdings and accounting, this could be a very successful corporation.
I have heard there to be programs in Hedge Funds and other rather exclusive investment programs that can yield up to 25%. This would easily reach $200,000,000 in five years without a casino.
...............................................................
With a small share structure that translates to a win/win for the company and the share holders.
This information is specifically geared towards public companies. I am sure these guys have very skilled and special advisors and council working with them. Not the usual hack jobs we see in Pink Sheet Land.
For those of you who are making the trip to Fort Wayne, I recommend a few places to check out.
1) Piere’s
2) Club Soda (good place to get the scoop)
3) Trolley Bar
4) Don Halls Gas House: (haunt of attorneys and legislators)
5) City Hall: 9th floor, ask them how many times they have met with Summit City Grand Resort and Casino Holdings Corporation.
That’s all I got for today, I am off.
Cheers and let’s make some money.
Yuck! TMI brother. What you and your personal grooming habbits are are your business. LOL
Strong Share Structure
Strong Management Teams with millions of dollars and years of experience.
I believe that a water park, an Imax, a resort, the night clubs and all other things came out to be estimated conservatively at $40,000,000.00 total annual gross.
That number is still a very large income for a company. It may not be fortune 500, but $40,000,000.00 annual is darn good on an OS of 240,000,000 shares.
Even if it is a one to one ration of just the gross profit
$40,000,000.00 divided by 240,000,000 shares is .16667.
That does not include the land upwards of $15,000,000.00 estimated worth of the buildings $140,000,000.00 estimated
any other assets $5,000,000.00 estimated
Just a straight dollar amount of gross divided by the amount of shares if they build a water park, IMAX, and hotel.
200,000,000.00 financed over 15 years estimated (made up off the top of my head, I am not a loan broker) $2,000,000 per month in payments. Over 15 years equals $360,000,000.00 total payout to lender. ( Again I could be way off, I am not a loan broker)
60 million of this pays for misc cost, furniture, labor, food products that can be used over the 15 years.
Let’s say these guys half a brain and they put this $60,000,000.00 into an investment with the guys on their web site. Tax free bonds right now as I understand it pay 12%. 12% of 60,000,000.00 is 67,200,000.00
Year One: $67,200,000.00 -4,000,000 in labor/expenses= 63,200,000.00 remainder of capital
Year Two: $70,784,000.00 -4,000,000 in labor/ expense = 66,784,000.00 remainder of capital
Year three $74,789,080.00 – 4,000,000 in labor/ expense= $71,789,080 remainder on capital
Year four $83,773,849.60 -$4,000,000 in labor/expense= 79,773,849.60 remainder in capital
Year five $89,346,711.55- 4,000,000 in labor/ expense= 85,346,711.55 remainder in capital.
The point is this can be a tool, not a liability.
Now lets combine the basic example numbers here of 40,000,000 annual minus the 2,000,000 monthly payments over each year equaling 16,000,000.00 annual.
Over five years this resort can net $80,000,000.00 + the $85,346,711.55= 165,346,711.55 earnings
Earnings $165,000,000.00 estimated
land $15,000,000.00 estimated
Buildings $140,000,000.00 estimated
Other assets $5,000,000.00 estimated
five year total $325,000,000.00 estimated
Five years of payments $120,000,000.00 estimated
remainder of loan amount $240,000,000.00 estimated
Leverage with the right debt wraps, investments, holdings and accounting, this could be a very successful corporation.
I have heard there to be programs in Hedge Funds and other rather exclusive investment programs that can yield up to 25%. This would easily reach $200,000,000 in five years without a casino.
I am not EXTO's financial advisor, analyst or CFO by a long shot as you can tell by my very basic example here. But we have to understand that this company has the potential to grow very strong. Not a shot in the dark flash in the pan, but steady growth for years to come. Not to mention all of this is based on a one to one ratio of earnings and holdings, not the market evaluation for a resort which is higher!
$325,000,000.00 / 240,000,000 shares is 1.35 per share
If you own one million shares of EXTO today, that is $15,000.00
In five years you would be sitting on $1,350,000.00 as a one to one ratio.
I’ll take it!
Does anyone know where I would find the actual numbers of stock evaluations for a resort hotel/ water park, Imax, and concert venue?
Great Post.
Panties in a bunch! ROFL
I do in fact live in Indiana and there is a strong bunch of locals here who are holding. We did not sell at five cents and we're not going to sell anytime soon.
When this gets to a dollar I'll be happy to take you to Victoria Secret and get you a whole big bunch of panties for yourself.
Cheers and lets make some money.
Sell you shares of EXTO to me. Who wants to have a three dollar stock after all.
The business plan calls for building a resort, a water park, an IMAX theater, a hotel, and a national performing art center. The casino was only one piece of what they are building.
without casino 3.00 stock!!!
with casino 10.00 stock!!!
Is the issue dead on the casino? None of us in Indiana think so...
The casino is a huge buzz word, but what other pink is a 3.00 stock as plan B? These guys are very successful already and are adding this as the next venue.
I am buying another million shares this next week!
I think we are in very good shape here, I am looking to add next week. I would like to pick up another million shares if possible.
Just a price rape for massive shorting and profit taking is all. Let the MM take the 13 pieces of silver and choke on them.
let these Market Makers drive it down to .007. I'll fill up more. I swear they are bottom feeders.
I think there are several of us here to buy up the weak hands.
Also, has the company said they were putting out financials or did someone on the board say they were. We make up these deadlines and panic if the company does not develop ESP and read our minds for deadlines we make up.
Also these shorts are relentless bottom feeders bent on hurting the stock, we can hope the SEC does something about it, but it is fact of life. We'll have a name change and ticker and they'll have to cover. They know something is up here so they will be hanging around a long time. Like an STD we just got to live with them.
Looking up, very pleased.
Let them sell. I will buy.
I strongly disagree!
I believe that a water park, an Imax, a resort, the night clubs and all other things came out to be estimated conservatively at $40,000,000.00 total annual gross.
That number is still a very large income for a company. It may not be fortune 500, but $40,000,000.00 annual is darn good on an OS of 240,000,000 shares.
Even if it is a one to one ration of just the gross profit
$40,000,000.00 divided by 240,000,000 shares is .16667.
That does not include the land upwards of $15,000,000.00 estimated
worth of the buildings $140,000,000.00 estimated
any other assets $5,000,000.00 estimated
just a straight dollar amount of gross divided by the amount of shares if they build a water park, IMAX, and hotel.
200,000,000.00 financed over 15 years estimated (made up off the top of my head, I am not a loan broker) $2,000,000 per month in payments. Over 15 years equals $360,000,000.00 total payout to lender. ( Again I could be way off, I am not a loan broker)
60 million of this pays for misc cost, furniture, labor, food products that can be used over the 15 years.
Let’s say these guys half a brain and they put this $60,000,000.00 into an investment with the guys on their web site. Tax free bonds right now as I understand it pay 12%. 12% of 60,000,000.00 is 67,200,000.00
Year One: $67,200,000.00 -4,000,000 in labor/expenses= 63,200,000.00 remainder of capital
Year Two: $70,784,000.00 -4,000,000 in labor/ expense = 66,784,000.00 remainder of capital
Year three $74,789,080.00 – 4,000,000 in labor/ expense= $71,789,080 remainder on capital
Year four $83,773,849.60 -$4,000,000 in labor/expense= 79,773,849.60 remainder in capital
Year five $89,346,711.55- 4,000,000 in labor/ expense= 85,346,711.55 remainder in capital.
The point is this can be a tool, not a liability.
Now lets combine the basic example numbers here of 40,000,000 annual minus the 2,000,000 monthly payments over each year equaling 16,000,000.00 annual.
Over five years this resort can net $80,000,000.00 + the $85,346,711.55= 165,346,711.55 earnings
Earnings $165,000,000.00 estimated
land $15,000,000.00 estimated
Buildings $140,000,000.00 estimated
Other assets $5,000,000.00 estimated
five year total $325,000,000.00 estimated
Five years of payments $120,000,000.00 estimated
remainder of loan amount $240,000,000.00 estimated
Leverage with the right debt wraps, investments, holdings and accounting, this could be a very successful corporation.
I have heard there to be programs in Hedge Funds and other rather exclusive investment programs that can yield up to 25%. This would easily reach $200,000,000 in five years without a casino.
I am not EXTO's financial advisor, analyst or CFO by a long shot as you can tell by my very basic example here. But we have to understand that this company has the potential to grow very strong. Not a shot in the dark flash in the pan, but steady growth for years to come. Not to mention all of this is based on a one to one ratio of earnings and holdings, not the market evaluation for a resort which is higher!
$325,000,000.00 / 240,000,000 shares is 1.35 per share
If you own one million shares of EXTO today, that is $15,000.00
In five years you would be sitting on $1,350,000.00 as a one to one ratio.
I’ll take it!
Does anyone know where I would find the actual numbers of stock evaluations for a resort hotel/ water park, Imax, and concert venue?
YES!!!!!
Things are really starting to heat up here on this project and on this board. I think I love this message board. It is realyl starting to heat up here...
I am over myself.
I think we need to remove all ego from this one and let the stock and the project take off. There are plenty of seats left on this one. I don't think your a basher.
I think we are getting ready to blast off.
EXTO (Summit City) this is Mision Control, you are cleared for take off.
Yea, we had better all sell our shares and get out of the stock market all together. The sky is falling.
I find it so funny that because of where we believe this is going, we don't even talk about the stock when it hits 0.0185 and might break 0.002. We are more concerned with when it goes to 0.10 and to the dollars.
Shares get retired, it is business as usual. No PR’s no pumping, no dog and pony show.
Shorts occur, we don’t get upset, and we just say, hey its part of the game.
The price moves on a few hundred shares, we acknowledge it but continue to do DD.
This is like watching the Colts or the Patriots. You win 12 games every season you forget to enjoy the little things like very few sacks, or a long sideline bomb to Moss or Wayne. Well developed post route, or inside slants.
We have all stumbled into this boat and have gotten to know each other over the last few weeks/ months and I want to say good luck to all here. In my opinion we are watching history being made in legislation every day. Policy and laws are being changed by this project we are all owners of.
Only in the greatest country in the world would WE be allowed to participate in history being made that will impact the lives of millions of people. The money the state, county, and city will receive from this project will pave roads, feed the hungry, educate our youth, save lives, and let’s not forget add some personal wealth to those of us who believe.
GLTA
I am just excited to what the actual numbers are and not all this speculation.
Very good find BT. You are an leader and a gentlemen. Fine work.
Blowing the dilution whistle here is irresponsible and carless.
We have had no such animal.
We have all called the IR and the TA. There is zero dilution.
Talking about it and posting and reposting is like saying in 2017 I might be in a car accident.
Then worrying about how bad the accident will be, or if the other person will have insurance.
Will there be universal medical coverage by then?
If not will I be insured?
Will I have enough money to take care of my loved ones after this accident?
What if I have to work past retirement age, will this accident make it hard for me to work at age 75?
When in reality we have had NO accident and NO dilution.
Just speculation and talk about something that has not happened.
Amazing how things come out over time. I am interested to see a name change and getting this rolling.
Can an officer of a public company have a personal bankruptcy? I am certain I have seen somewhere that they cannot, even on the OTC’s.