Dusty...Would you be kind enough to answer my PS question on Post 5046 It could give us a guide to what ARET can expect to do if everything goes right...
For those of you not familar with a AMORTIZATION SCHEDULE I went back an dug out one on a piece of property that we improved in 1984..
Monthly payment...for a $28000.00 loan...was $318.17 per month for 15 years or $57,270.60 for the 15 years.. That works out to $3818.04 per year on this loan
Let's say ARET closes on 500 of these type loans..You come up with a GRAND TOTAL of $28,635,300.00 not bad for a little company that is presentily available for $0.008 a share and has all the irons in FIRE.
Remember the above is only on a $28,000.00/15 yearloan... Let your imagination or your calculator take that out to a 30 year loan on a $84,000.00 home,,,,,$???,???,???.??,,,,,Try $3818.04 X three X 500.. Do you think that is worth a little waiting time???
This of course is just MO and do not recommend that anyone use my figures for the basis of buying or selling this (ARET) stock..Do your own DD.....Dusty am I close with the DOUBLE Material guessament...Hope you are enjoying the nice weather we are having..BURR-SHIVER_SHIVER..
Bill |