Hello Paul and alll
I just drove out to see the "global aution emporium" at 18 plantation park rd. Well, I found it. Great location, not even near ready to open. Can't even be sure who it belongs to, there was no sign of Global Auction Emp. anywhere. There was a 20,000 sq. ft for lease sign on the highway, in front of the building. Walls in some part still have sheet rock and spackle showing, floor is concrete. A temporary sign saying 18 plantation park rd. was the only sign of an address accept for the firts fed bank building next door, nuumbered 10 (altough their signs are there, the bank isn't open yet) It is all located in a new business park, Plantation Business Park. So far there is only 3 buildings and one is occupied. (don't let this mean a lot as commercial real estate around here fills as fast as they can build, and they are building alot!!!!))
I think if you find out who was lucky enough to do the financing at $2.50 share, you'll figure out who sold in the first few days trading. Not bad sell at 10-15 or more and finance thecompany at $2.50
There may be all the good intentions in the world to make this company work, but it will be a long timee til it is profitable, IF EVER.
This is solely the opinion of the author. Happy New Year and good luck.
PS who started the runor of a new years eve auction??? if it was the company, beware, anybody connected with this should have known there was no way this place could have been open yesterday |
