If, in months or years past, "the brewhouse was listed for $2 million and the two parking lots were listed for $1 million," then RE Loans (or Capital Salvage, if you will), isn't taking home a lot of cash, which means the WFF LOC isn't going to dwindle much, if at all due to this potential sale. Also, what's with the NG propaganda machine touting potential sales? It's all horse manure until there is something concrete to tell us.
Showing posts with label Loan Number A00977. Show all posts
Showing posts with label Loan Number A00977. Show all posts
Thursday, September 2, 2010
Revolving Door Policy
Finally a bit of press coverage on something important to us. Unfortunately, Rolf Boone, the author, got it wrong at the end, as Capital Salvage, as we all know, is Barney's entity. RE Loans recently "won" the property back at auction, essentially recovering the note for no money down. Get an NG out, replace that NG with another NG. That's the theory here.
If, in months or years past, "the brewhouse was listed for $2 million and the two parking lots were listed for $1 million," then RE Loans (or Capital Salvage, if you will), isn't taking home a lot of cash, which means the WFF LOC isn't going to dwindle much, if at all due to this potential sale. Also, what's with the NG propaganda machine touting potential sales? It's all horse manure until there is something concrete to tell us.
If, in months or years past, "the brewhouse was listed for $2 million and the two parking lots were listed for $1 million," then RE Loans (or Capital Salvage, if you will), isn't taking home a lot of cash, which means the WFF LOC isn't going to dwindle much, if at all due to this potential sale. Also, what's with the NG propaganda machine touting potential sales? It's all horse manure until there is something concrete to tell us.
Monday, August 30, 2010
The Press, The Government and Disappointment
There are a few issues that have caught the attention of Bar-K investors lately. You know what they are, right? The Olympia Brewery in Tumwater, WA and the Siena Hotel and Casino in Reno, NV.
I've been disappointed by the lack of media coverage on these two issues, with the exception of the Channel 4 in Reno and an obscure blog. When the local TV station and a blog upstage the local newspaper, something is wrong, especially when it comes to investigative journalism. The Reno Gazette-Journal ("RGJ") writes a story here and there on the Siena, but, ultimately, they are just skimming the surface, which does less harm to the local economy. I get it. I really do. There are jobs at stake here. This has a profound effect on lives, relationships and families.
I've been disappointed by the lack of media coverage on these two issues, with the exception of the Channel 4 in Reno and an obscure blog. When the local TV station and a blog upstage the local newspaper, something is wrong, especially when it comes to investigative journalism. The Reno Gazette-Journal ("RGJ") writes a story here and there on the Siena, but, ultimately, they are just skimming the surface, which does less harm to the local economy. I get it. I really do. There are jobs at stake here. This has a profound effect on lives, relationships and families.
Monday, August 16, 2010
Tumwater needs united front in brewery redevelopment - Editorials - The Olympian - Olympia, Washington
Tumwater needs united front in brewery redevelopment - Editorials - The Olympian - Olympia, Washington
There has been very little public discourse about the Olympia Brewery in Tumwater, WA (Loan #A00977 if you're scoring at home). This is a weird one. The property is a hot potato. First All American Bottled Water owned the property. Then they defaulted. Who scooped it up? One of Barney's companies, Well Be Ng -- or was it Capital Salvage? -- anyhow, it now looks like RE Loans has claimed title on the defunct brewery. There are a ton of unanswered questions, but I'll pose just one today:
Who received the 3 x $1.76M from the cities of Lacey, Olympia & Tumwater? Was it Well Be Ng, All American Bottled Water, RE Loans or one of the B-4 individuals?
Does anyone know?
There has been very little public discourse about the Olympia Brewery in Tumwater, WA (Loan #A00977 if you're scoring at home). This is a weird one. The property is a hot potato. First All American Bottled Water owned the property. Then they defaulted. Who scooped it up? One of Barney's companies, Well Be Ng -- or was it Capital Salvage? -- anyhow, it now looks like RE Loans has claimed title on the defunct brewery. There are a ton of unanswered questions, but I'll pose just one today:
Who received the 3 x $1.76M from the cities of Lacey, Olympia & Tumwater? Was it Well Be Ng, All American Bottled Water, RE Loans or one of the B-4 individuals?
Does anyone know?
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