Some may be wondering why the normally mild mannered greenspirit was so excited about today’s news.
Let me explain....
I appears obvious to this investor that Peter and Steve will stop at nothing to take out the entities keeping their stock down. Today's announcement tells me we have assets in Dubai that are now coming into play. What are those assets? Well, they could be anything from the three offices we're building, to the 645 million dollar property on Al Reem Island, or other unknown assets Wessal is willing to place in the domain of Sulja for long term success of their 25% interest. But rest assured, the amount of real estate transfer is going to be significant.
The other issue of significance is SEC paperwork. We now have a public statement from the company they are actively engaged in completing SEC paperwork. Of course, these things take time, and we may see disappointments along the way. However, Steve and the gang realize in order for them to make it to a higher exchange all legal documents will need to be in order first.
Linking these developments with past financial reporting will ensure at least a 5.00 value to the stock. Taking into consideration cement, steal and anything else they can bring to friends in the Middle East will make this a 20.00 stock.
Yes, it sounds outlandish when you look at the trees of a .07 cent stock. But step back from the forest, and look down the road 6 months, 1 year, 2 years and you will begin to understand what kind of company is being created today.
Based on what I just said, what was my action today?
1. I bought more shares.
2. I called Scottrade and ordered a significant amount of shares to be certed. I'm locking those certs up in a safe deposit box for 5 years.
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