Replies to post #3964 on Bayport International Holdings Inc. (BAYP)

[iheartmoney]

GO EXTO

[SidewaysTrader]

does it say what the permit is for ?

[EarnestDD]

But it has NOTHING to do with Summit apparently.

Rifkin said he was approached by the group initially and asked to become an investor in the project. When he refused, the group asked him if he would sell the property, which he said he would.

"It's been several months since the discussion," Rifkin said. "I'd hardly characterize it as an agreement of any type."

Rifkin said marketing the property has been difficult because of the down economy. There has been little interest and no one has approached him to negotiate a purchase agreement or option since the city's option expired.

"They (Summit City Grand) have no more agreement than anybody else that says they're interested in the property," Rifkin said. "A lot of people called and said they were interested. No one followed through."

http://www.indianaeconomicdigest.net/main.asp?SectionID=31&SubSectionID=111&ArticleID=49230