RE:RE:RE:RE:RE:Watch the shares ….There is a vast sea between taking a deposit and closing the actual transaction. All the monies received for deposits must be kept in an escrowed account that Greenbriar cannot touch.
Financiers certainly utilize how many deposits received to make a decision on how much money they will loan but they also use a set percentage that will never be fulfilled. Receiving some deposits does not by any means valuate the property at over a $100M.
This is also part of the reason for projects this size to be phased.