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PremierStocks

03/13/08 1:19 PM

#226 RE: Phoenix-Rising #221

After reading that article it seems they are in more uproar than they previously were.

I also find it a little strange that they are pursuing land options but have financing arranged..

The company delayed plans to buy land from the Jack Day Perry family for the project four times, citing financing difficulties.

The filing made no to reference to a new purchase date, but said, "Myriad continues to discuss its land options with several land owners in the Tunica area."



I have a few ideas in mind. It would seem that there may be some people brought in. Possibly partnering with a larger firm etc.....I have to suspect that there are companies that own exisiting casinos possibly in other areas that would have the ability to secure this type of funds..