Same thread, different conclusion..
If you question where I am coming from please review the code of ethics associated with the CFA designation I am currently pursuing.
Compared to the CFA, my masters degree was a walk in the park. I would not jepordize this academic achievement for any small investment.
aimr.com
In regard to your conclusions, you have stated you are beginning to think we are involved in a good investment. I was just beginning to reach the opposite conclusion. The fact that anyone questioning management gets flamed points IMO toward the intention of hiding the facts to maintain an artificially inflated stock price. Why, as it may have been you that stated earlier, some reg S or other dumping scheme. I am still trying to acertain the validity and profitability of any of the land deals or additional business plans.
Please discuss your reasons for optimism. I am interested in your opinion.
In reference to DD, my experience and field of expertise is financial analysis. I phone George once a week, and as I stated in an earlier post, also spoke to BDO Seidman. There is no financial information that I have or have been able to get that would assist an any kind of reasonable valuation. With financial information, I will contribute. Without it, I cannot add a lot of value.
Many individuals here have asked many great questions. Again IMO it is not that they are to lazy to get the answers themselves. The information is not being made available by the company. And it is difficult to determine if this is strategic or intentional. |
