RedHawk Holdings Corp (fka SNDD)

[BL28]

You're omitting facts again.



Holding companies still need to pay for their investment. How will Redhawk pay for their stake? By issuing more shares. Which they've authorized.

Further... the $71 million number is 100% speculation. Everyone in real estate has grandiose ideas of what their property will be worth once renovated.

You think that buying a $7 million property and putting $20 million into it instantaneously makes it worth $71 million... That's delusional. Basic math tells you that there's a reason others didn't buy it.

When the hotel sold, they were looking to get double the selling price. But they didn't. There weren't other buyers. Ask yourself - why not? If someone bought the resort for double the price ($14M) and put in the same renovation total ($20M), they could make 100%. BUT NO ONE ELSE DID. There's a reason for that. Obviously.

Values of properties in the minds of the owners are always far more than what they are in reality.