Once shares have been retired ( which has not be executed by management yet ) and needs to be done by July 15th 2020. The total number of Float would be 2.8M - 1.62M = 1.18M APROX !
So with only 1.18M Float on any little good news this will climb past $100.00 EASY !
Seeking Alpha just released the first buy recommendation with an upside potential of 140% by 2023. Based on evaluation of 660M which is far below conservative estimates. Once the project is completed by 2025 the project value it self in assets will be worth over 1.3B alone.
Can you imagine once revenue streams are announced from there recently purchased fantasy foot ball league, Cesars palace casino joint venture, online gambling, sports betting, concerts, NFL games, Aqua park, retail stores, restaurants, hotels, museums, etc start to generate billions a year in revenues !
This will be over $250.00 conservatively and could reach Disney evaluations status. Remember the management team is stellar being led by an ex Disney executive. The NFL has over 10M invested and could see that increase upto 100M.
For those that think $250.00 is a ridiculous price and can't be achieved with in a year please look at Disney stock ticker symbol DIS $112.00 NYSE.
There share has split 6 times and today would be worth over $30,000 a share if there was no splits ! think about that ! before you think a short term target of $250.00 is not realistic in a 1.18M float that will be the second largest resort in the United States after Disney.
Please also note that if FMCI another SPAC play at $17.00 is getting price evaluation of $150.00 this year how is HOFV going to $250.00 in the same time period that far fetched. FMCI has a Float of 19M vs HOFV at 1.1M. No brainer this is going to be a beast once this gets on the radar of more people.
For those members on Stocktwits ... please write to member ( 30aturtle ) and please ask him to update his DD on HOFV in light of all positive recent developments. Thank you all ! and stay positive. Don't be influenced by negative posts, fake DD and small minds.
I have spent 2 months on researching and only provide you with the most update facts to help you make better investment so that all can profit !
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