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Post# of 5096
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john302

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john302

Re: Looking2Retire post# 4809

Monday, 02/02/2009 9:18:26 AM

Monday, February 02, 2009 9:18:26 AM

Post# of 5096
Thanks, that was good info.

"Cavico management mentioned on the road show that selling off partnership interests in real estate projects would be an alternative method of raising capital in lieu of attempting a PIPE or secondary offering in current market conditions and at current stock price. We also met with a few US REIT and real estate investment funds as part of this process to find new real estate partners."

Good to hear this. Say no to dilutive PIPE's!

An investor's mind: http://www.retro.ms11.net/InvestorMind.gif

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