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not even the start yet....
Thankfully I believe most "Longs" in EXTO at IHUB know their history/intentions ...not hard to just click on profile..And I bet 90% of local investors never heard of IHUB...nobody is going anywhere especially now that things are just getting started with so much in the works....
Best analogy vote....
"I think they recognize that they are kind of like the howler monkeys in Panama that hang out by the dumpsters. If you poke them they make a bunch of noise and throw poop at you"
Absolutely fantastic posts. Thank you. I moved to Fort Wayne 15 years ago and Pierrs/Canterbury was actually the first thing everyone was telling me about...HUGE attraction here and have a seemingly neverending list of big acts scheduled....and that is obviously only part of the company's sucess.....Our friends had things to hang onto in the past, but as things play out its leaving them quickly sounding dumb and dumber and will run out of ideas.
Awesome news! this is all I need to know to understand where we are headed!! "and the management of Summit City were appointed as officers and directors of Exit Only, Inc."
MUCH bigger things coming
Yep...playing out as planned it looks. Voting yes to land-based casinos next week will help Gary consolidate to a better location for them, and then the state will have an extra license which we know they are not just going to sit on.
So it will eventually be TRANFERRED to Fort Wayne...just makes too much sense... Great find sir!!
Maybe this will help you.
"transfer existing license not create new one"
http://en.wiktionary.org/wiki/transfer#Translations
Take your time and take a deep breath...and read. No one said anything about a new license...transferring existing one...always been the case...
"Mayor Henry thinks two casinos in Gary could consolidate, which means an extra gaming license would be returned to the state."
#3 is Correct....translation for you,
Gary casinos bombing...they combine .....extra license available
License goes back to state...State holding that golden ticket.
Golden ticket best spot for profit is only untapped area in Indiana....Fort Wayne
Mayor Henry in the best spot with all the ground work done...and group behind it "Summit" with massive project to bring alot to the city, perfect tie in.
License gets transferred to Fort Wayne.
Always been the case.
And will play out like that eventually.
Hi Earnie don't forget Henry's response, the paragraph right after:
"Mayor Henry thinks two casinos in Gary could consolidate, which means an extra gaming license would be returned to the state. Right now, leading lawmakers have indicated they would probably just hold on to that license. But eventually, Henry thinks it would become available to a community like Fort Wayne"
EXTO waking up ......was flight delays here in Fort Wayne...but runway clear now
I think most are referring to the site stating:
"With careful consideration from an analytical approach, our core team along with national and international consultants has developed a business model that has come full circle and represents the very best in resort entertainment. A comprehensive marketing study and numerous planning sessions have led to the refinement of this business model.We have determined how to maximize the benefit to the Fort Wayne community and will reveal with this model by the end of this year.
E X T O = T H I N ....agree
about 300k dropped it...also a 200k buy at 009 among others...took me a while while they were playin around to get 5k fill at 8..gave up for now sick of spending 10 bucks a trade lol for that...cant wait till this is resolved soon
Study Committee Approves Single Gary Casino
12/08/09
"If the Gary facilities are combined, there would be a free license available to other developers"
Statement of Fort Wayne Mayor Tom Henry on the Gaming Study Committee Report:
"The Gaming Study Committee report released today contained good news for Fort Wayne. It affirmed the right of the public to be heard on this important issue, something I have championed all along with my call for a referendum on gaming. The report also highlighted the significant economic potential in the Fort Wayne market, possibly $20 million to $30 million of new revenue each year.
As I have said consistently, I want the people of Fort Wayne to be able to make their own decision about gaming. This report echoes those sentiments. That is why I led the way in calling for a referendum. And why I will continue working with our state legislators to secure one. I believe the people of Fort Wayne should have the chance to choose for themselves what opportunities they want to explore. I am pleased that the committee has upheld those rights.
Gaming is such a significant employer and source of revenue for the state of Indiana. I applaud the committee for its thoughtful examination of this issue and its determination to sustain the gaming industry to the benefit of all Hoosiers. The finding that a viable, untapped market exists in Fort Wayne should be especially encouraging to lawmakers and every citizen. What is equally heartening is that the report reinforces the outcomes of the City of Fort Wayne’s own research on this matter.
As Mayor, I am committed to ensuring that Fort Wayne has every chance to thrive. In these challenging economic times, I believe an opportunity that could strengthen the economy of our community and state, one that could bring new jobs, high-quality investment and significant new revenue every year, is one that deserves serious consideration. This report puts the spotlight on opportunity, and that is good for everyone."
Source: City of Fort Wayne
http://www.insideindianabusiness.com/newsitem.asp?id=39092&ts=true
hang tight boys and girls.............looking good
Well after a year there are still retail buying daily with no update yet. I believe some people around here know different. With no Prs to spread the "scam" around the high % of people buying now are locals hearing about the project and longs accumulating. And you do not fall into either category. I dont see any need for you to warn anyone anymore because besides the no effect its having, the ones hoping on board are trusting the principals involved vs an outsider that does not have a vested interest..IMO
buy and hold is picking up speed daily.. and agree that awaited news is taking this WAY higher than that.. IMO
might be the understatement of the year imo..over 20 diff 5-10k fills today......hmmm
yes. Shaking for weeks....to no avail..GL
"Someone getting out, or is this another paint job?"
510k buys / 117k sells....down 30 % LOL!!!!!!
I can speak for around 30 others who havent heard of ihub.That arent going anywhere.
Maybe we fly past it...
just promise me you wont run away soon....k? Im tired of giving you info....tx
Its in the air.......tick tock..............
GLTA
The ONLY thing I am losing sleep over is the fact that I dont any available funds right this second to get more..I think you are starting to lose your mind....
I have said before I dont care if everyone sold and nobody posted here...i know the end result.... And am excited!!!!!
Lol I think ur safe adding here.....someone must of needed bail $$ today
I think you may be right about "this week" GLTY
I was thinkin bout what uve been sayin, and I woulda been pumpin this thing around feb/march or threw out some bs right after the business plan was posted, that was there shot to pump and dump...or maybe after the paper did a story on the project. But nah..being as LEGIT as this is they wait till all ducks in a row...its comin....
.. Arent there usually multiple prs and dilution,changing the share structure ,company dumping etc..?...Cause thats what I have seen happen to a few. And you know neither exist here so I am confused still with your comments. What is factual from the ONE PR is that MSKTD were hired to design this project which they have done, I believe it has been tweaked and we will all see what it looks like soon enough. No movie: Liddell,Smith,Keelan are all real successful businessmen. MSKTD is real.Liddells business's are real,and profitable. The drawings are real. Liddell pushing for a casino is real. There really is a shovel-ready property that is a perfect fit. The Mayor pushing for a casino is real. The prep work on the site that was done is real. The business plan is real. The fact that there has not been one Pr since January and the SP is the same still today says something.The only "pump" I saw was a spike a few months ago when the local paper reported the Summit City Holdings Corp project/MSKTD in more detail, and some more jumped on. Everything is ok.
"To sell stock,using empty prs worthless prs." ?
I think you and I are watching different movies...
The last PR I saw was almost a year ago...
This wasnt empty..
MSKTD & Associates, Inc. Commits With Summit City Grand Resort & Casino Holdings Corporation to Secure Architecture and Design C
So you are saying when there is proof of that it will be a huge positive move right?
Governor Daniels changing his perception now....
"Opposes expansion but would not resist a Fort Wayne site"
one more coming around....
http://www.journalgazette.net/article/20091107/LOCAL/311079961/1002/LOCAL
Ha yea I know right. I think its not a matter of looking into the possibility anymore, all the facts are overwhelming for it, they've covered it all,answered all objections...its officially a nobrainer now for all parties involved.. IMO
Even better.
Table 7: Estimated Revenue Generated by Casino in Fort Wayne
LOW HIGH
TOTAL WIN $140,000,000 $170,000,000
Win displaced from Blue Chip (23,800,000) (28,900,000)
Win displaced from Hoosier Pk (32,200,000) (39,100,000)
Net Additional Win LOW=$84,000,000 HIGH=$102,000,000
http://www.aroundfortwayne.com/main/afw-docs/doc_details/269-20091019-fiscal-impacts-estimates
Estimates of the Fiscal Impacts from Out-of-State Casino Competition and Movement of Casino Licenses in Indiana
Estimated Net Revenue Impact From Fort Wayne Casino
LOW=$23,000,000 HIGH=$30,400,000
vs.
Estimated Net Revenue Impact From Gary Casino Relocation.
LOW=$11,000,000 HIGH=$11,000,000
:) :)
October 19, 2009
http://www.aroundfortwayne.com/main/afw-docs/doc_details/269-20091019-fiscal-impacts-estimates
Here is some DD for you..since you seem to not do any, and are showing interest in this. Referring to the last year events...and there was much more...and still is...and is to come.
October 08? we can start there sure..
Talks about casino from Mayor, the SITE is mentioned
http://aroundfortwayne.info/blog/?p=1797
Fort Wayne big boys and others step up and announce this
Nov 25
http://finance.yahoo.com/news/Exit-Only-Inc-Signs-Agreement-iw-13669627.html?x=1
oddly just a couple weeks later
"Fort Wayne officials no longer are actively pursuing the North River property" hmmmm...
couple weeks later....
http://finance.yahoo.com/news/MSKTD-amp-Associates-Inc-iw-13989181.html
A month in a half later....
"Summit City Grand Resort & Casino Holdings Corp. presents 10 copies of it's proposal to build a "Casino, Hotel, Water Park, and Resort & National Concert Venue" to Mayor Tom Henry
the next day....
Mayor Tom Henry writes an editorial, "Keep open mind about city gaming" in the Journal Gazette.
3 weeks later...
That "idle machinery" you referred too starts MOVING
http://aroundfortwayne.info/blog/?p=3436
and continues to move a month later..and into July/Aug as posted already
http://aroundfortwayne.info/blog/?p=3874
And then I found this wonderful site full of real life and fairytale people in May and decided to try and keep local updates going since they dont use this for a scam and pump it up through press releases.....maybe the above and up to the present is one big coincidence? but I doubt it..GL
pinksheets is probably in on it too.Recently from their site.."The company EXTO is currently in the process of completing its transaction with Summit City Holdings Corp"
Now you can reply with one of the following again:
1.EXTO is a stinky pinky.
2.EXTO has no assets.
3.EXTO is a stock selling machine.
4.The casino idea is dead.(this one is the best cause you know its not true)
5.Wheres Dion lol..... :)
No question the pressure is on...they've said if nothing else its a defensive move in expanding or transferring to optimize and protect the states $$$...there is a ton of pressure and luckily for us Fort Wayne is the 2nd largest city...and an untapped area BRING IT !!!!!!!!GLTY
"You have to be mindful that Ohio is ready to open casinos in Toledo, and the Battle Creek casino is reaching into Indiana," Thompson said. "So Fort Wayne is a defensive move to keep the money from going to Michigan and Ohio"
State is holding the line on vice, at least for now
But the pressure is mounting, especially to grow gambling
http://www.newssentinel.com/apps/pbcs.dll/article?AID=/20091022/EDITORIAL/910220337
I agree..I actually believe it would be voted in if a referendum takes place, so I am not concerned...I have seen the table turning in the last few months.. Its coming either way. And your right if there is no vote Mayor Henry can play the "I tried everything to fight for your voice to be heard, and with local polls that were done along with the studies done in March at IPFW,revunue,new job creation this will bring etc....I/we decided it is best for the city to move forward." (the 2nd just may be the likely scenario)
(and now they covered the increase in crime objection with the sheriffs comments...I love it every angle is being thought through)
"Sheriff Ken Fries/(R) Allen County: " We have not seen crime go up, he said their oldest squad car now is a 2007. They have a new criminal justice building. They have roads that are paved that weren't paved before, and that he has seen nothing but positive come from it."
http://www.indianasnewscenter.com/news/local/64599827.html
And our friend basher only surfaces when good news hits to downplay it, or a new poster arrives on the board with interest..wait till they pr...he will be living here again lol..GLTY
This is interesting to read as well......
http://www.aroundfortwayne.com/main/timelines/99-gambling-referendum-timeline