Agree, if you are not looking long term, then you
Post# of 6614
Mick and team have their strategy and we need to understand that they will do what is best for the company and shareholders. My guess is we know maybe 10% of what is going on behind the curtain, so we need to trust in their abilities and judgment.
Personally, what I’d like to see is Carden providing immediate working capital (WC), enough to really get the ball rolling. Then mgmt using that WC to be strategically focused on income producing deals (if possible) to minimize the money mgmt needs to borrow and the overall dilution impact.
Also, I would hope Carden will hold off converting until pps gets momentum and we see some appreciation in pps. I understand Carden is a business, but I would think they would benefit on their overall return on investment by allowing the momentum and appreciation to get a strong foothold before converting.
Reg A can be in place starting this Monday, tick tock, Mick is one day closer to getting funding and implementing his plan. How can shareholders not be excited, the plan is falling in place.
GO WRFX GO