Altitude International Inc (ALTD)

[rubicon_jones]

BOOM! 8-K filed. $95 million deal. $55 for purchase. $25 for renovations. $15 million reserve fund. Two NYSE companies in the deal- STORE Capital a REIT that did $80 millionNYSE) and Wyndham (NYSE WH) granted the property a license and they are managing it. Finally, Feenix did the other $15 reserve money.

100s of pages of contracts to review but looks great on first look. Oh, yea Wyndham is Managing property and is now part of the Wyndham family. "Wyndham Hotels & Resorts, Inc. is an American hotel company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,280 locations."

Imagine that data base of customers.