Everyone,
I was reading through some old stocks4tomorrow letters and some old press releases to do some research. In a stocks4tomorrow letter dated 12-16-97 I found the following quote.
"I am hearing that they will shift to a more manageable project that will have a similar financial return without the huge upfront costs of their Sportsworld project. It will be centered on the very lucrative time share business, which has returns of 20%."
In the Press Release that was about Max Cawal being appointed Chief Operating Officer, dated March 5, I found the following quote.
"WestAmerica's timeshare resorts will include single-family homes and villas featuring 3 bedrooms, 3 baths, a heated pool and spa, on an 18-hole championship golf course -- the first project of its kind developed by a public company."
Now, in the stock4tomrrow quote they say that they are shifting to a
more manageable project that will have a similar financial return without the huge upfront costs of their Sportsworld project. But, in the news release they still say that the finished project will include single-family homes and villas featuring 3 bedrooms, 3 baths, a heated pool and spa, on an 18-hole championship golf course.
What's missing? The stadium for the KC Royals is all that I see missing from the Max Cawal press release. Can anyone tell me if they still intend on building this. Maybe they don't intend on building the stadium any longer. Maybe they do and just didn't mention it in the Max Cawal press release and stocks4tomorrow just don't know what their talking about.
Any comments?
MeMark |
