Roger, in response to your post 9715.
The only two things I can really put together might be this.
1) although growth is definately coming, nobody really knows the value of PRWT. Lots of projected income, but how much? nobody knows how all the mortgages are going to be handled, whether they will be kept in house, or sold on the secondary market. Makes a big difference. knowbody knows what this years income from the Realty Center will bring us, or what the future income will be. Same for IT, same for any future acuisitions/deals. nobody knows how much net earnings will come from any of these ventures/future ventures. How does any body put a value on any of it. Nobody knows, except John Schmidt, and his board of directers. which brings us to the second point.
2) Seems as though all aquisitions are being done with shares of PRWT. nobody excepts that kind of a deal from a 5cent company, unless their going to see an appreciation real quick of the stock they just accepted for their co. I believe that when Johns done with all his start-up aquisitions/deals, it will then be presented to the public in PRWT's financial statements the middle of next month, and then we'll reap our rewards. JMHO |
