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Wednesday, September 14, 2011 9:15:52 PM
But I also see the news had some positives in it. Sure some was a rehash but I for one appreciate the fact that Val gave us an update.
Ok so the closing on the retail space is on October. As stated in the last PR he signed a purchase agreement. Has anyone ever purchased real estate and didn't have to wait for the closing? A lot has to go on between the signing and the closing. Maybe there were some demands made between the buyer and the seller that needed to get cleared up first.
Advertising to start within a few week's in the Atlanta area. This is a good thing is it not?
Paperwork being readied for the 25 Mil bond application in the DR. You don't just sign a form and ask for 25 Mil from a foreign country. You have to have a financial institution do this for you. Imagine the paperwork it takes not to mention the red tape. It will get done.
I know this was not the PR everyone was hoping for but IMO it will come soon enough.
I am still a large holder of OTOW and will continue to be because I have a high opinion of Val and his business plan. It's a tough world out there right now and I for one think he is making great progress and will most likely continue to do so.
Just my two cent for today. Good luck to everyone who hangs in there.
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