Asia Properties Inc (ASPZ)

[mastermindgroup]

From August 29, 2011, Asian  WSJ:  The Importance of Jobs   (Opinion: Review and Outlook)

I was reading this article yesterday about Steve Jobs and it brought to mind ASPZ, in particular, this  paragraph:


"One lesson here is that most successful business leaders often have many failures, large and small, along the way.  The difference is that they learn as much from failures as they do from success.  Another lesson is that the future belongs to risk-takers, who sense opportunities when others see only folly or danger."

I think Mckinney has learned much from his failures as well as from his recent successes (Yinfu Gold OTCQB: ELRE from $2M market cap to $900M in 7 months).  I'm encouraged that he is doing small deals now (minimum risk) to build a base and market cap before pulling the trigger on a bid gold deal that could be very dilutive if executed now.  I think it's a smart strategy and he certainly performed for ELRE last year when it was one of the best performers during this tenure. Let's hope he does the same thing for ASPZ!