United Energy Corp (UNRG)

[DWillie]

IIPR looks to be a valid comparison. There are other cannabis REITs, like Treehouse, but it's still a private company (keep your eye on that because they want to go public. They own a lot of the Medmen properties).

So if we want to look at IIPR numbers as a way of judging what we have here with UNRG:

IIPR has 11.3M outstanding shares. They trade on NYSE. (UNRG has 31.5M)
IIPR has a 1B market cap. (That would put UNRG at $30 today.)
IIPR stock price was about $40 1 year ago and now at $95. They hit a high of $139 not long ago.
IIPR pays dividends quarterly. 1 year ago it paid $.35/share. Last quarter it was $.78/share for a 3.78% yield. Think about that and how many shares you own. That math makes me smile. It pays every 3 months.

Now it took some time for IIPR to get to these numbers. Several years. But the sector momentum is swinging in our favor and people are looking for REIT options given the stock market volatility and low yields on CDs/Treasury notes, etc. 3.78% is a fantastic yield. IIPR has been a monster and I think once UNRG hits the NYSE they can easily get to those numbers if Disanti does this right.

Even if Disanti's fund is half as big as IIPR, that's still a great investment. Alternatively, it could be much bigger than them. Let's hope this is all really happening and it's not a head fake. lol