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Friday, August 28, 2009 6:07:21 PM
Next, I'm thinking of calling him (the IR guy) incessantly , asking him to give us "one good reason" that anyone would invest in BHWF. As of this moment, there is absolutely 'nothing' to BHWF except a clean shell (forget the nearly worthless desert property). There has 'got' to be something more to all of this....logic dictates that , but I'll be damned if I can figure out what it is. I don't think their corporate 'mission statement' means much of anything (acquire, re-hab & re-sell existing properties). Granted, there are countless abandoned (complete & partially completed) tract homes in this So.Calif. region (ripe for the taking) , that will make somebody a whole "lot" of $$$ someday. But for this venture (of any size), Marshak would need 'staff', resources and a 'presence'.........IMO, I don't think this is his plan. I'm still thinking its an R/M play for some unrelated venture but----I don't really know. Wish I could help.
GLTUs
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