Rushmore Capital Partners is a comprehensive real estate investment and mortgage financing company. Our primary focus is to provide financing for collateral-based scenarios that require immediate funding. RCP is one of the fastest-growing hard money / bridge lenders. The current financing market has enabled RCP to seize on key opportunities with a renewed focus on those borrowers who can no longer gain approval for traditional lending.
Very interesting situation, I appreciate your research because I'd never have bothered to look them up, thinking it's just someone's order. Looks like it's more than that. Both companies look at entities such as BCND. One the real estate investment company and the other the undervalued investor.
Could be the company buying along with some long term investors, either way it's great for us longer term. We know that Adam is going to do everything possible to get the share count down to where the PPS is valued much higher, the best way to do it is buy up the float at these cheap prices.
"I will continue to look for the most beneficial way to reduce the company's share structure without compromising shareholder value and without any reverse split. The company has many lucrative projects on the drawing board and I expect to cash in on them in the very near future, thus creating value for the company and its shareholders," said Adam Marek, president & COO
All my posts are based on my own personal opinions. Please do your own research, buy and sell at your own risk.