FireMed and all. Actually I was referring to the setup they had prior with the projects if you know the history (it was in the disclosures back then when DEVM started up ) . It was a tier type level of investment and ownership of the properties at that time (which included shareholders) but primarily DK Associates , which is DeMaria and Kassab as they have been in business on all the prior Devmar Developments.
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Since that is not the case any longer and the format has changed to the successful St. Pete Vantage that finished last year (which was part of Devmar Development and not DEVM) , it appears that Mark D and Team have
looked at moving forward with the format , but now in a Public Format.
So in summary , forget the Hotel concept and go for the more demand in Leasing (Like St. Pete Vantage) as folks in Florida and those areas are looking for that.
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Ok all good. But if one now notices.. it really went from Devmar Equities which was NOT part of the Devmar Parent in MN a few years ago to the following.
a. Devmar Development (Parent) is moving to Florida.
b. That is now the new Corporate address
c. Now DEVM is really Devmar Development and has the Parent Website (it did not before a few years back)
d. all Systems go for DEVM = Devmar Development
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so to the point , I am sure there were and are Legal changes around that and why it took so long to get filings out there. The next ones will come when they have it all ready to go , I believe it is close as the first ones went out there now two weeks ago .
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Lets see , but it is close.
TIME is an ILLUSION
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TIMING is an actual ART
