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Regent Pacific Properties Inc V.RPP

Regent Pacific Properties Inc. is a Canada-based real estate development and investment company. The Company is engaged in the rental of commercial and residential real estate properties located in Canada. All the properties are in one region: Edmonton, Alberta. The Company also invests in residential and commercial properties located in Edmonton, Alberta. The Company has a portfolio consisting of about 72,675 square feet three-story commercial office tower and attached single-story bays with an underground parking facility (Cassel Centre), located in Edmonton, Alberta. It also has two residential condominium units located in Edmonton, Alberta. The Company seeks to expand its portfolio of income-producing properties.


TSXV:RPP - Post by User

Post by firesoleon Feb 24, 2000 12:55pm
327 Views
Post# 1438846

HYPTERS AND LIARS

HYPTERS AND LIARSDO NOT BE FOOLED BY SOME SAYING THIS COMPANY HAS NO DEBT. REPAP HAS DEBT NORTH OF 1.13 BILLION DOLLARS CDN. THEY HAVE 750,000,000 SHARES OUTSTANDING. Although the mill is probaby worth about 1.8 billion for a new greenfild operation, they will not get it. Probably sell for about 1.3 billion. Then subtract the debt, then divide the the equity by the shares outstanding...750,000,000 plus shares. Share vale may be .15 cents CDN. I have followed this company for years and have made money and lost. Check the numbers on their last quarterly earnings report. BEWARE OF THE BS AND LIES
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