Mesa Home Resources Inc (MHRE)

[nonewname1]

Hey Han,

In your dd when you say 14,400 new hoa's in one year did you mean actual associations or people in them.

Because if you mean people in them at 150 per unit thats 96 associations. Even if they all were charged the most expensive monthly fee (750) that would be 864k not 2.34 million. (96x750= 72,000 x 12= 864k)

If you mean actual associations and we apply a low end monthly fee average of 200 a month thats 34.56 million a year not 2.34. (14,400x200= 2.88 mil x 12= 34.56)


1200 new hoa's a month seems pretty high for right now, but I think eventually we might be able to get 30k, (11 percent of the total market), maybe more.

If we had 30k that would mean over 60 million a year, and alot more from advertising.