Oh, there's probably people out there that would sell to you.
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In his defense, as evidenced by the budget over the last 10 years, that’s what conservative means in Alberta.
^^^If he really wanted to be conservative he could've said it was a new reverse investment and promised only a 50% loss on your money but in actuality it was 100%:rofl:
^^^Is that what happened?
The wildflower ranch website doesn't work anymore. What gives? I need to diversify my investments some more.
FB page still up tho lol
Quote:
Barb McLaren
My comment is this ... don't invest in Wildflower Ranch. I've been in this development since 2008. I have invested over $30,000 and now that I want a little bit of a return, I am told to wait until this phase or that phase is completed. Well, it is just too too long. 12 years and I have received nothing.
Ah yes. Cancorp website is still up. http://www.cancorppropertygroup.com/
How many of you all bought in?
And you fucktards give Elon Musk grief for missing timelines (he used to anyway).Quote:
We bought the land 2 years ago and will have the development permits this July, where we will be breaking ground immediately afterwards.
Land secured? Meaning if they sold the property to someone else, you would have first dibs on the proceeds? Or can you go park your RV there and shoot gophers like the red necks y'all are. 5yr bond should have matured in what, 2013?Quote:
------ The 19.5 Million is being raised through a syndication of private investors (you). Minimum investment is $10,010; A $10,000 rsp eligible, land secured 5yr bond at 8%
So the first $10,000 nets you 8%/yr. The next $10 nets you 27% of $10,010 per year? Mudafooka missed finance 101. The Marth doesn't work out. Marthing before Mar popularized Marth?Quote:
and $10 in shares of the development totalling 35% of the profit.
Total return is conservatively projected at 27%/yr or it's also broken down as follows:
$10,010 investment will net you $23,758 total, including initial investment. This is a %137 ROI over 5yrs including the 8%/yr returning bond. Again, an annual rate of return of 27%
There may still be time to get in on this. OP, YGPM!Quote:
DEADLINE FOR INVESTMENT
Obviously this is a pressure-free opportunity, the only deadline being once we've raised the full 19.5 Million, the opportunity is closed. That is for Phase 1. I would not recommend waiting for Phase 2 if you have the means to invest in the first as we may not even require additional funding to servive phase 2. We will be self sufficient with the revenue/profit generated from this current phase.
Attachment 94069
Let the memes begin.
All 4 of those dudes look like professional con artists lol.
Funny enough, ive been looking at a few houses in there, there are only 2 builders left in there and they are just barely.
Talked to the one just yesterday and he said he has no idea when the next phase is slayed to begin, because it should have been years ago.
He also told me not to build because the same lumber package that cost 7k last year, costs 21k this year. I'll say it again, the builder, told me not to build.
Anyway, it is a nicer area, expecting about 500k or more for a fully developed house on the canal, but its been around quite a while(obviously you guys know this) and its still not very close to having this phase done.
Again, IANAL, IANAFP, IANAA, et cetera. Don't listen to me. It's all gibberish.
I don't know what kind of shit your bond agreement says and I is clearly no expert. Given that the bond is to return 8%, then the $10 investment must generate the rest of the $23,758 in returns. I guestimate the required interest rate on the equity portion below.
Attachment 94070
Someone please explain to me why the land secured bonds are tied to profitability of the company. Also why you can't threaten to legally govern your jizz accordingly all over their porsche 911s until they return your money. At least place a lien on the land?