Been in this stock for a while, I just keep adding here and there. I like the business model, Real Estate is popping their short term vacation style properties, rented via AirBNB and VRBO they bring great revenue. Much better that a 1 year rental contract. The Verano Palace, you can see all the dates it was booked, like a hotel. Rent your place for 3k or 4k a month or 3 or 4k a week.
Seems like a good business model.
The fact they profited $300k in appreciation in such a short time, all while generating revenue, and profit.
That's impressive. The numbers they have given on the Santa Rosa property they stand to profit huge.
The stated $400k for land, $1.2 or say $1.4 I like to add a little wiggle room. that's approximately $1.8 m
all in. Let's say $2m all in. Homes like that in that area are selling for $2.7m to $3.5m, their property has a bigger lot than most in that community. So even on a low evaluation I see them profiting $700k plus, at $3.5 that would be $1.5m profit. Not bad! The pro Touring Camaro,, if done right, like the firebird they compare it to that sold at Barrett Jackson should bring in over $100k, but from the looks of it they will probably have $80k to $100k in it! So we will have to see. $15k profit on the 69 firebird wasn't bad. I'm waiting for the website, the ecommerce side of the business, if they can incorporate New and Used parts together and compare pricing, availability and warranty, along with a nationwide Automotive Technician and Services provider this thing will be one of a kind. Like they stated an Angie's List/ Home Advisor directory for the Automotive Industry. Plus New and Used Auto Parts, and New and Used Cars. They impliment that strategy,, this will be a penny stock for the record. I keep holding and acquiring, they keep executing and profiting, proving their business model works... If they can achieve sales on their online platform, their restoration of cars and their Real Estate... Im gunna be a happy camper, so far they profited on their first classic car build, they generated revenue and profited on their first Real Estate acquisition, lets see if their ecommerce venture will generate revenues and profits also....As far as I'm concerned this is one of the BEST OTC Company's out there. Oh ya, they are audited also!!!
s
