Replies to post #32995 on Primior Holdings Inc (PTKN)

[I ll be back]

Sounds like we are on the same page.

I just wanted to make sure you understood that this wouldn't work for a large percentage of existing projects.

One of the greatest problems we had with clients was having to deal with a lack of liquidity in structuring these groups. Members always found it difficult to own real estate when at some point, they needed their equity back out. In most cases this was done via a refinance with the members holding the asset as a non-taxable event.

The greatest benefit to this structure will be the ability to own real estate (something that many can't do today) with a small investment and not be tied into the group, this will be the strongest benefit here. I'm currently under the impression that IRS will not allow the depreciation on this structure which will be a negative.

What I most enjoy here is the international play.

How knowledgeable are you when it comes to the liquidity side of this new format? I've received PMs from folks noting this downside and why we may not be seeing a greater level of interest here, due to all the bad apples in the market. In all honesty I felt we would have broken 2 if not 5 at this point. It's looking like my 15M in shares will be hold down here.

[I ll be back]

While I see value in having access to Primior’s client base. As a developer I believe the greater value is having the in roads to its inventory. Primior Holdings is going to need existing projects that are ready to Tokenize day one which is where Primior comes in.

Note on Primior’s website they have 2.1 billion in managed assets and also notes an additional 1 to 3 billion that was developed by their company. Meaning at best 1/3 of their projects have been sold. A way to get around the capital gains issue would be to sell the existing asset to another LLC and have that LLC tokenize the asset. This would allow the existing members of the projects a path for a "like kind exchange" (IRC 1031) out or at best into one of Primior's other new project they have in their pipeline.

A developer gets excited when he sees he has one more tool that he can use to not only fund his projects but more importantly provide him an exit path and likely a more successful financial path in developing and selling the asset. I see tokenization providing an opportunity to sell projects at a value greater than with the open market would pay.

Put another way, this platform is a win-win in several different ways.

So, when John highlights “existing pipeline” I would not at all be surprised that his father and other asset holders sees value in liquidating some of their existing projects. I believe this will help accelerate what John is establishing.

When alliances join the platform, we're well-positioned to supply the needed inventory for success.