Centerline Holding Co (fka CLNH)

[RonnieD]

just a thought - the final (ever) K-1
is going to be mailed out soon. CLNH is
now a C-corporation.

consider these stats:
http://finance.yahoo.com/q/ks?s=CLNH.OB+Key+Statistics

consider the possibility that insiders
intentionally arranged some asset structures
and charges to make the company technically "unprofitable" in 2011
so that they wouldn't have to pay capital
gains tax on individual returns.
Now all of a sudden look at the conversion
into Common over the last quarter of 2011, immediately
following the reclassification.

(see the three schedule 13D/A's
http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001043325&owner=exclude&count=40things
"hmm"... now they won't have to report
pass-through capital gains individually in 2012.

Centerline Holding Company Changes Tax Classification
http://www.reuters.com/article/2011/10/14/idUS152181+14-Oct-2011+HUG20111014

when you put this together with the stated outlook
to dramatically increase business in 2012, it's an explosive combination of facts.
"Centerline is projecting a dramatic doubling of business volume in 2012"
http://www.multihousingnews.com/features/profile-centerline-capital-group/1004046670.html

Insider Ownership 65.5%