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Re: justcfrall post# 2380

Monday, 06/28/2010 6:00:02 PM

Monday, June 28, 2010 6:00:02 PM

Post# of 3419
Can't argue with that Brad.

Planned or not, he is basically responsibility-free it seems to a point. I do believe Steve is duty-bound to provide us with logs, lumber or cash at or before 25 years. I don't see wiggle room in that provision. Legally, he has to do something then or face the consequences. Based on postings of fawtsc and others it doesn't look like what we will have even at 25 years will be worth much. I'd be happy to be pleasantly surprised but my expectations are pretty low right now. However, it should be something.

I don't have a lot of hope for the method suggested by duped but I'd be happy to be proved wrong there as well.

I'm missing something in what you posted: "Out of the 15 or so properties listed in the CR property registry under his corporate number listed indicate that they are his farms. " How many of the 15 are his farms?

Again, if they are tree farms, how could he sell them - he's committed to raising the trees. And I wouldn't think the land would have grown much in value if it's farmland in the middle of nowhere. On the other hand, if he has investment property close to cities that has gone up significantly in value, and it's under the TATF corporation (and thus would be part of the company holdings that any liability would be held against), then why wouldn't he sell it to finance his apparently cash-strapped operations? It doesn't make sense to me.

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