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Slojab

12/05/10 6:16 PM

#5447 RE: underdog150 #5446

Theatre of the Absurd! lol

Ordinarily, a private individual buying a residential property like this and fixing it up wouldn't strike anyone as strange.

After fixing it up, the owner considering opening a polo school on the property would not be unusual, either.

But to do it on the shareholder's dime as a public company is where it runs into problems. There's no revenue in this business model.

To say it's a "working model" of what they propose in reference to their development plans is laughable.

I want to know the financing they've arranged for this little enterprise and who it's with.