Replies to post #53871 on JNS Holding Corp (JNSH)

[OTCPlayers]

Sorta agree there.. It appears Island Associates is a significant player in the commercial real estate market of upper New York. If the focus was maintained on this aspect of business development, UDHC, would have had a key partner driving to succeed.

JACKSONVILLE, NY, Nov 26, 2007 (MARKET WIRE via COMTEX) -- Ulysses Holding Corp. (PINKSHEETS: UHCR) today has announced that it has signed a Joint Venture-Development agreement with Island Associates.

The Companies will jointly build or acquire six locations throughout Long Island, New York; they will be prototypical of the Ulysses Westtown location. Each company will own a Fifty Percent (50%) Interest in the six locations with all expenses and profits shared equally. However Ulysses Holding Corp. will receive a management fee of 10% as the Managing partner.

The company expects its estimated share of revenues to the balance sheet from the six store joint venture to be $3,200,000 to $3,600,000 per annum.

Island Associates client list is impressive - http://www.islandassociates.com/our_clients.html
As they have plenty of available properties and would have been able to secure locations and or develop them within Clayton’s orginal (6 for this deal) and 12 stores total per year.

He had a decent plan with the correct people surrounding him at first. Now, the OS has been raised to 96 million – which includes 67,634,400 shares for SNV. In, addition all my research on SNV concludes it to be virtually worthless since its inception in 1995. Of course Bob Beverly did not take over as SNV’s president until 2000 but he did not fare any better. And than there are the question about his side projects (mystery technologies) and the whole Las vegas area.

[Dr Wonderful]

Have to agree, and what's funny is that it was certain shareholders that steered him down this direction of the mistaken divi issue, lol. I'm not going to mention names, but people were calling him and got Clay all excited about a short squeeze.

What he should have done is focused on the business side - and quietly work on the divi issue, releasing one PR when it was done.

Instead he was quiet on the business side and loud on the divi screw up!!

Either way, things will fall into place here over the next few months and there is opportunity to make money.