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Re: pual post# 51434

Saturday, 11/16/2024 10:52:28 PM

Saturday, November 16, 2024 10:52:28 PM

Post# of 54612
I'm tired of reading the attacks on Bubae. It's good to see people finally waking up that he's trying to help. Shawn Leon at one point did operate real treatment centers, but at some point this became about real estate and buy backs. It's actually a pretty interesting scheme to be able to buy real estate from these corrupt treatment programs like Edgewater and then rent it back to them, while all the garbage gets dumped on investors while he gets the "management" fees and the property. And then rinse and repeat. This is not 50/50. It's 90/10 at best. And the feds are all over Edgewater and got a nice settlement out of that investigation. Having ARIA fix Edgewater...talk about having the blind lead the blind. If you really like gambling, go to a casino. Investing shouldn't be exactly the same as a slot machine. A slot machine you pull it, and you either win or lose. You don't sit around for 7 years...

https://whitediamondresearch.com/wp-content/uploads/2017/08/GRST-WDR-report.pdf

Price in 2017 was $.0799. What's it now? $.0007. With way less assets and way more debt. That's 7 years ago. This is not complicated people. Hawkins gets 1.1. million. Leon gets...who even knows at this point. Whenever he feels like he deserves management fees, which I would love to know how any of this qualifies as management. Mis-management fees maybe lol. It's like a perfect storm of everything not to do. I think if he really wants to help people, he'll take this thing out of it's misery, take his management fees, and go golfing. OR come on here and actually answer Bubae's questions. There's no doubt that at one point he was doing good, but this thing in South Florida has been a complete disaster and it just keeps on getting more convoluted.
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