I'm not saying all these things will transpire that I suggested.
I doubt LIHT progresses along the paths I propose. I only come up with these ideas to see if there is a viable path to get to the plans that LIHT lays out in PR's.
We now know the "Marapharm Story" did not materialize in the time frame suggested by the company PR's....fool me once...I'm from Missouri...the Show Me state.....Show-Me. Until then, I will scrutinize, calculate and re-calculate until I see for myself if there is a realistic path to get full buildout. Even it if means drastic measures like selling non performing assets...to get high value assets producing. Remember less than two years ago....the Canadian operation was for sale for $ 8.5 million dollars. It has been almost five years trying to get that elusive Canadian license. In hindsight...selling our...so-far failed attempt at getting the Canadian license....would have been $ 8.5 million towards Vegas construction. The Canadian operation has now been funded and will progress as planned finally. I do want us to succeed in Canada...but up until recently it looked like a slim chance. I believe our chance of getting a license increased considerably with our restructuring and funding in place.
As far as Vegas construction progress going forward...we have a means financially....we only need to build the buildings. All the delays that slowed down the initial construction...such as fences, security measures, initial licensing, parking lot, lighting, propane tank regulations, and any other infrastructure needs.....have been finished. The rest of the Vegas construction can now avoid all those delays....and there should be very little weather delays.
If proper plans are made....and construction companies are paid....construction can move at a fast pace. My neighbors 40 x 60 steel building was completed in a weekend...three days. Our buildings have far more complexity and are larger....but construction should not be a year late this time. We had to build infrastructure also in Vegas...before the buildings.
If LIHT gets funding soon...mid year seems doable for a 65,000 sf building. Laser focus on the construction progress could get us there...or at least close. The importance of getting this phase 2 portion (65,000 sf) done....is the value of LIHT stock at completion ($ 2-3.00). Any further funding needed (phase 3) will be at several dollar valuation...making share dilution minimal.... A tenth of the dilution at .20-.30.
GLTA
GET LIHT...BEFORE THE PARTY
