Home > Boards > US OTC > Delisted > Casa Simpatica (fka CSMP)
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Alias Born 06/17/2004

Thursday, June 17, 2004 9:07:58 AM

Re: Tomer post# 2

Post# of 16
Casa Simptica’s business plan is in deed very attractive at first sight but has some major flaws:
The owner applied for a building permit for a single family home and it is very likely that City of Encinitas will not grant her a business license for a drug and alcohol rehab center with 41 patients and 41 staff members. In that case Casa Simpatica would only be able to operate under state law code with not more than 6 guests. This would significantly limit revenues and diminish any hopes of exceptional high returns.


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