InvestorsHub Logo

yorkie dog

04/17/17 5:33 PM

#4998 RE: hesse #4997

Appears to me after reading and evaluating the stated plans that the company has reached its achievable goal in stock price. I believe after all this time that the writing is on the wall.Dump at .003 stock price or hold tell nothing. My feeling...All these years and this is the conclusion.

SRT8

04/17/17 6:49 PM

#4999 RE: hesse #4997

Hesse...Thanks for one bang up job of posting the latest information...I hope it brings new faces

SRT8

04/19/17 12:29 PM

#5007 RE: hesse #4997

If they sell either one of these properties...we are good to go

It is the Company’s firm intent to sell the 18,000 square-foot leased property in 2017, with a target sales price of $1,200,000, and is currently classified as an asset held for sale net of estimated selling costs.

In February, 2016 we received a Letter of Intent from a real estate developer for an option to purchase a portion of the south end of our parking lot for a proposed mixed-use building, housing retail shops and apartments. At this time, the developer is engaged in preliminary site planning and a pro forma. If this purchase for the development moves forward, it will provide some working capital, or shared leasing revenue, and may improve the value of our remaining property. The area being discussed is about one acre in size.