American Asset Development, Inc. (fka AADI)

[otterman]

In light of recent news (which has been completely ignored by the market so far) EPYH is now seriously undervalued at .025. (Note there is another news release today which hasnt shown up here yet, check pink sheets). The bond offering was amazing. One of the biggest questions lately was how EPYH was going to pay for all the announced property acqusitions without creating new shares? Well, there is your answer. Lets see, lease the properties out at 8 - 10%, pay a bond at 3 - 5% and pocket the change (or buy back the bonds for that matter). Point is, it gives them the tools to get going. I also expect a runup before the share dividend at the end of August. Id be surprised if it doesnt hit .04, at least. Doesnt sound like much but if you 'play' it from here (.025), a .04 sell gives you a 60% return on a one month flip. Hard to pass up. Seriously, this is worth at least a dime at this point, the market should catch it up eventually.

As always, JMO's.