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Capital Gains

07/25/07 9:12 PM

#12983 RE: cashdenuts #12982

Cash Deez,
First of all the 37.8mill is Wisebuys and it's partners(no one knows how much of that is the partners and how much is wisebuys)

B) (You like that I switched from First to B) We only own 60% of Wisebuys and 100% of Hacketts after the Audits which aren't complete.

Third, We are in debt (ridiculously small amount of debt but debt nonetheless) 800,000 at 4% to one bank and 600-700K to Cornell/Highgate.

Lastly, Most of the hinderances/hurdles/obstacles should (fingers crossed, go to church, temple, mosque, whatever....) be cleared up in weeks not months!!!!

So although it's fun to come back to I-hub everyday and poke fun at people, encourage people, teach people, and learn from people, Most of us are putting unrealistic time limits on an equation that needs time to solve.

Ding Ding class is over...Go wash Deez...Nu....Nevermind!!!

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crooked33

07/25/07 9:22 PM

#12984 RE: cashdenuts #12982

simple - supply vs. demand right now

Cornell selling close to 300M in total and us absorbing it. Once that's done, no more supply. You know what happens when supply dries up.

Cheers