Replies to post #37077 on Protective Capital Structures Corp. (fka PCSO)

[rtaylor111]

Cash, I'm a believer. I remember seing that the GSR was being sold at foreclosure prices.Imagine a billion dollar piece of real estate purchased for 400 mill. I love instant equity in a real estate deal.

Also, the GSR is a center piece in Reno. No way this thing is getting anything but better. I plan to ride hcpc up with this.

[heelsgo1]

THIS IS WHAT CASH MEANS BY ALL THIS:
The BCLOC is a credit facility for newly created corporations for the purpose of acquiring revenue generating real property assets. Once the assets have been identified, each project is initially underwritten by Access Channel © software, which uses the projected cash flow to determine the project's ability to support the debt service.

{{{Once the assets are qualified, the facility begins with the creation of a new Special Limited Purpose Corporation ("SLPC" or "Corporation") which is placed in a trust and under the control of a trustee for the specific purpose of acquiring and owning the revenue generating real property assets.}}}

File Number: 4515450 Incorporation Date / Formation Date: 03/07/2008
(mm/dd/yyyy)
Entity Name: GRAND SIERRA RESORT CORP. LLC
Entity Kind: LIMITED LIABILITY COMPANY (LLC) Entity Type: GENERAL
Residency: DOMESTIC State: DE

REGISTERED AGENT