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the big guy

10/20/10 12:41 PM

#73490 RE: Johnik #73469

Originally costing 3M, and they spent 130k on it? and 24k to fix it up. Something is missing. Does not seem right. I don't understand. If it was in disrepair, I would have thought they would have done more than paint it, and would have had to invest more cash. And I would have thought the land value was more.... It seems artificially low, but that does not benefit anybody.

In the last financials they said they repaired a few gaskets, etc... and painted. The number (24k) would be appropriate for painting... which is unnecesary for an operating plant but makes it look nice and "shiny".