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Re: lowman post# 601

Thursday, 09/08/2005 3:49:40 PM

Thursday, September 08, 2005 3:49:40 PM

Post# of 120400
Yeah, hind sight is 20/20, but looking at todays fundamentals it seems to me the market cap is about $550,000. We own a mansion worth $630,000 today (future value?), the condo is worth a few hundred thousand I'd bet, and home values are expected to continue to increase although at a slower pace. If and when Eden Development Group shows some profit, Kingoffer gets going, and these properties are sold for a gain, who knows what the true value of the company is? I think it's worth a lot more than $550,000 IMHO !!!!!!!!!

Also, when the reverse merger of Preferred Properties happens, that should be another chance for a nice run.
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