RE:RE:Whoami2youJeff, Can you comment on the read between the lines from Whoami?thanks in advance.. quote=whoami2u]
CAD investor... with regards to the news release.... I am not a corporate tax lawyer so I hesitate to even make this comment but the addition of a US registered realty company may allow a Canadian based GRB to pull more value out of the Sage Ranch property due to the difference between Canadian IFRS accounting rules and US GAAP accounting rules. How this would be done is beyond my realm of expertise and I could be totally wrong on this thought. Maybe the difference in accounting rules has nothing to do with it, but shuffling the Sage asset around might allow some accounting magic to happen with the addition of the realty company, releasing some value trapped by GAAP/IFRS rules. Nonetheless, the acquisition of a realty company is pretty good timing when you're about to produce a half billion dollars in housing sales. That's quite a bit of commissions to share in. You asked for my "thoughts" so there they are. Jeff can squash them if they're totally off base, and they just may be. Montalva is humming along as I expected with its participation in the RFP after the 150mw debacle. A little patience is needed to get through the process but Jeff's team is very well experienced in application processes like this with, collectively, 50,000+MW of projects under their belts. The only comment on Alberta is that there's a solar boom going on there and we might just be in the right place at the right time to take advantage of it.[/quote]