Here is the problem with making predictions in a p
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So the minimum value of PGUS upon closing on the oceanfront land is arguably in the range of $0.16 pps - when including only the direct resale value of the property
We are still at .025 and we closed on the oceanfront property. Your valuation is 700% higher . So were you overly optimistic in your projections and multiples?
I think a lot of potential investors are waiting for actual crop revenues and not only sale of lots but real building on those lots. A flip fest of lots is not in shareholders best interests because it eliminates a buyer of new lot versus the sale of an existing lot of which PGUS will not receive any compensation from.
TP