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I ll be back

07/22/24 11:00 AM

#88363 RE: irishintelligence #88281

So, if what you say is true, why did the property get transferred with $440,000 in back taxes?

It is currently cash flow positive. These issues you raise are simply not real.



If the property is "cash flow positive", has you claim, then why wasn't the property taxes kept current? Did they pocket the taxes and dump the property onto the shareholders or did the property simple not perform to meet its expenses?

When you see a property on the tax rolls at $19M and the shareholders are told its now worth $37M with unpaid taxes, I'd say my review is closer to reality than the story being told here. Funny how that $440K in back taxes didn't show up in the PR. Begs the question of what other expenses are outstanding???