Friday, June 29, 2018 2:48:48 PM
I haven't confirmed if there is a buyer - I very clearly stated it was a rumor from 2 people that I haven't confirmed.
I did check with the REIT that has a portfolio of about $50 million - they did some preliminary talks with Kim but they decided to stay private.
If a smaller REIT is interested they will file a Form 40 to become a SEC filer - so the yield sign is of no significance to prospective buyers.
You do understand that the yield sign or limited information is from the Attorney Letter for the Annual Report - it is late - no big deal.
"If financial reports are not audited by a PCAOB registered audit firm, upload an Attorney Letter via www.OTCIQ.com complying with the Attorney Letter Guidelines within 120 days of the fiscal year end."
The Attorney letter was due on May 1, 2018.
But it is a good point and if I make contact with Kim I will ask about the Attorney Letter.
IG
"Straight Facts Homey!"
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