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Rev Kilgore Mullet

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Rev Kilgore Mullet

Re: None

Wednesday, 04/02/2014 4:37:36 PM

Wednesday, April 02, 2014 4:37:36 PM

Post# of 68397
Long term land holds are generally done with cash and not debt. The company acquired a little over 300 acres almost a year ago with no plans for development, a long term holding, using 100% financing with an annual debt service of $180k. Would it be safe to assume that this deal is in default, if in fact it ever happened, judging from the lack of any updates provided by the company?

Encyclopedia of DD Procedure for Recycled Pinkies:

_T'S_SC_M
Would you like to buy a vowel?

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