Ah ha!!! The truth is out there!!llholmes1948 wrote:Jay,
Those are great points. However you overlooked one thing - Perhaps it is a front for a laundromat for clothes in addition to money.
Lyman
Ah ha!!! The truth is out there!!llholmes1948 wrote:Jay,
Those are great points. However you overlooked one thing - Perhaps it is a front for a laundromat for clothes in addition to money.
Lyman
What would East Glacier be without a laundromat....East Glacier I guess.llholmes1948 wrote:Jay,
Those are great points. However you overlooked one thing - Perhaps it is a front for a laundromat for clothes in addition to money.
Lyman
For those of you who wisely eschewed getting in on the "ground floor" of this project...the time is now ripe to invest in it from the (bargain) basement!"Bigfoot Projects Investments Chief Financial Officer Sara Reynolds said the final financial pieces of the project are coming together."
Ha! That's too funny.Bigfoot Projects Investments Chief Financial Officer Sara Reynolds said the final financial pieces of the project are coming together."
daveparker wrote:I think they are still going to be financially challenged even if they do put a casino in. In the reality of things in Montana especially in the winter, there is already a large casino not that far from there.
Yes, there is already a large casino in Browning. And since it's a Native American casino it has far more generous gambling limits.
A casino, IF it were of this project would be far more limited in what people can bet with considerably smaller jackpots, etc. Montana law limits non NA casinos to a maximum $2.00 and jackpots to $800.00. Anyone who believes that people will travel to East Glacier to place a 2 dollar bet is fantasizing.
If they do get off the ground, I hope they at least stick with the theme that has been established for over 100 years now on style.
A huge "modern" building would look strange in East Glacier. And there is no way they can finance that operation by closing, or scaling down operations 6+ months out the year. An operation that size would have way too much overhead to do that.
I still have strong doubt about how this will turn out.[
me too.
pete
teapot57 wrote:Things are starting to unravel: http://missoulian.com/news/local/no-big ... f56e7.html
“Bigfoot and Elvis are no longer part of an East Glacier Park businessman’s plans for a new seven-story, 100-room motel near the gateway into Glacier National Park.”
Whattttt? I'm totally shocked that deal fell through
/sarc
Who'd a thought? LOL
From the article above..And so breaking out my HP10b financial calculator....According to a report filed to U.S. Securities and Exchange Commission on Dec. 19, Bigfork Project Investments ended October 2017 with $292 in cash and uncertainty about its future.
A market cap of $180k and a share price of $.0006/share would indicate about 300,000,000 shares floating around out there?
So combined with a bank balance of $292.00 .....LOL
Is anyone surprised to see this following paragraph from the article?
“There is significant uncertainty projecting future profitability due to our history of losses and lack of revenues,” the company’s report stated. “In our current state we have no recurring or guaranteed source of revenues and cannot predict when, if ever, we will become profitable. There is significant uncertainty projecting future profitability due to our minimal operating history and lack of guaranteed ongoing revenue streams.”
No Duh! Really?
"Due Diligence" finally raised its ugly head?