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hyperboy262626

04/24/12 8:31 AM

#10234 RE: Peace2 #10233

Thanks
Can you record the meeting?
I'm thinking that the non tangible land value that is to be IPO ed in 2013 is worth 3 times the current value of our stock . I would like to find out what the land variation value is currently from Solomon if you can get the question in.

viking86

04/24/12 10:40 AM

#10235 RE: Peace2 #10233

If you have a chance to talk to Solomon, I'd like to know (if possible) what his thoughts are re. the possibility of spreading himself too thin on an ambitious program in so little time. Seriously, he must be a superman if he wants to manage 4 existing fish farms, 3 existing cattle farms, existing HU plantantions and a busy steak restaurant (all in developmental stage) and wants to add several more while starting import/export and franchising this year. What if he gets a heart attack? Why not slow down a little, reduce capex and dilution until enough cash flow is there to support further growth?

Remember they are talking about 66m capex from internal revenues vs. 56m projected income for 2012? That means 10m equity financing to me. That's a lot of extra shares that we shareholders have to worry about after the Ironridge deal. JMHO