One mile of Ocean Front, One Incredible Real Estate Development

Multi-Billion Dollar Agreement Signed With Oman

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Message: Re: Latest Update via 10k

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May 22, 2017 04:34PM

Dear Jeff72,

I did go carefully through your post and the new 10-Q. To be perfectly honest, I still do not get it.

Everything looks so good on paper but we still cannot see people fighting to invest in it!

I think it somehow confirms that based on available info, large investment is very problematic, and Management is going for something in a line of my option 1 from the post 'The Way Ahead', hoping to somehow raise those $25mil, finance what they call 'Soft Cost', and then, with much more detailed plans go after proper investment.

I wish them, and all of us the best of luck.

 

 

(I personally think that detailed design is not needed at this stage - very expensive. Proper feasibility with updated figures and legal documents, engineering appraisal, master plan, conceptual design and marketing material. $10mil - $15mil tops. But what do I know)


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