RedHawk Holdings Corp (fka SNDD)

[BL28]

THE LAFAYETTE PROPERTY FACTS

Address: 1118 Jefferson St., Lafayette, LA 70501




Per Remax, the value of the property is approximately $250,000. Please note the values in the graph.

http://www.remax.com/realestatehomesforsale/1118-jefferson-st-lafayette-la-70501-gid700014817581.html

Zillow estimates the property at $300,224. Also note the value per the 10 year graph.

http://www.zillow.com/homedetails/1118-Jefferson-St-Lafayette-LA-70501/77668661_zpid/

Homes.com estimates the value at $251,900:

http://www.homes.com/property/1118-jefferson-st-lafayette-la-70501/id-700014817581/



Per the press release, IDNG paid $480,000 for the property.

http://finance.yahoo.com/news/redhawk-completes-commercial-real-estate-141500604.html

Feel free to call these claims unsubstantiated, but facts are facts. Actual DD always wins. Beechwood had the home listed for $489,000 a while back and couldn't sell it.

How can anyone explain that IDNG buying that property from Beechwood is good for the investors? The rent payments will never cover the purchase price.