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Re: mahatmapaul post# 102022

Wednesday, 01/11/2012 9:19:56 PM

Wednesday, January 11, 2012 9:19:56 PM

Post# of 103340
mahat.....Nafe knows his way around the "grant" and distressed property game.

IMO he MOST definately is taking advantage of the situation.

After all....he "bought" the Shaver Street facility from JD.. collected enough rent by my calculations to recoup roughly 65% of what he paid for the facility....JD skimmed the rest via Wilkes Holdings IMO.


IMO...I think Nafe will take the Grant money ... I do not think Nafe will sink any of his own funds into making the former D&D Displays a viable entity...he'll bleed whatever grant money he can con the County out of...then cut and run.....much like he did in Indiana with the former Meredith Hotel...I believe he let that go back via back taxes to avoid paying certain clean-up fees.

Pink Sheets...where failing private companies come to die.