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Re: None

Friday, 09/01/2017 11:40:56 AM

Friday, September 01, 2017 11:40:56 AM

Post# of 20578
I sent an email to the CEO of Cherubim Interests, Patrick Johnson, this morning asking if they would be participating in the reconstruction of Texas after the hurricane. I received a response 10 minutes later from him that Cherubim will be looking at the reconstruction of single and multi-family rental homes down the line as the rebuilding effort begins. He also said "We have a bit of time to prepare though".

I have a small investment in CHIT that I purchased today (100K shares). I caught the last nice run in 2016 but missed the nice selling opportunity when it went into pennies. They seem to have a number of balls in the air but the dilution is worrisome. Perhaps the business opportunity from the hurricane cleanup will be enough to get the company on-track financially?