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Re: Mr Smith 34 post# 95185

Thursday, 01/23/2025 1:50:50 PM

Thursday, January 23, 2025 1:50:50 PM

Post# of 99167
Again...IMO Park acquired SPZI from himself and his HSA cohort in order to get the ''shell risk'' warning removed. In doing so he was able to claim the property as an asset and rents as revenue. But were these unpaid bills entered as debts on SPZI's financials? Has he stopped paying rent owed from his restaurant, day care and church operating there?

Moreover, will he use this ''asset'' for other loans or toxic notes? Seems like 510 Hamilton is going down the drain so there's motivation to load it up with debts and loot it before it does.
Bearish
Bearish

Do not buy, sell or make any investment decision based information or opinion I post. I conduct my own DD. If you don't like it feel free to prove me wrong.