EVOQ Properties Inc.(fka EVOQ)

[Enterprising Investor]

Not really.

GGP provides investors with regional diversification. MMPIQ is living in LA.

GGP, in BCG terms, is probably more of a "Cash Cow" than a "Star". It is well run with very good occupancy rates. I would describe MMPIQ as a "Question Mark" rather than a downright "Dog", but the verdict is still out.

I think the IPO timing was perfect - at/near the peak. Filing for bankruptcy was a good idea. The reorg plans are not good. Not retaining SEC registration will turn out to be a huge error.

The business model has been questioned by lenders. They are concerned with two things - principal and interest. No creditor really wants to take possession of real estate and sell it.

I am a huge fan of recycling old buildings and land into new uses. Owning land is always a good thing. I have lived in Greater Dallas all my life. The city has come along way in the past 15 years. People are actually living downtown. All Dallas needs is more jobs downtown. I digress.

It may take an upgrade in management.