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Greystone Housing Impact Investors LP V.GHI


Primary Symbol: GHI

Greystone Housing Impact Investors LP is engaged in acquiring, holding, selling and otherwise dealing with a portfolio of mortgage revenue bonds (MRBs). The Company's segments include Affordable Multifamily MRB Investments, Seniors and Skilled Nursing MRB Investments, MF Properties, and Market-Rate Joint Venture Investments. The Affordable Multifamily MRB Investments segment consists of its portfolio of MRBs, governmental issuer loans (GILs) and related property loans that offer construction and/or permanent financing for multifamily residential and commercial properties in their market areas. The Seniors and Skilled Nursing MRB Investments segment provides acquisition, construction and permanent financing for seniors housing and skilled nursing properties. The Market-Rate Joint Venture Investments segment consists of its noncontrolling joint venture equity investments in market-rate multifamily properties. The MF Properties segment consists of student housing residential properties.


NYSE:GHI - Post by User

Post by laser1on Aug 13, 2009 3:46pm
358 Views
Post# 16217075

Wofats

WofatsI agree with you 100%........the company has a good project and the fact that Moly has moved from $8 all the way up to $18 over the past few months would would make a reasonable person think that NKA should be trading a couple hunderd thousand shares a day at 15 or 20 cents.

Unfortunately it is not and from my observation the only reason it hasn't moved is that James Jacuta, the board and the in house IR guy have very little credibility and they have not been able to convey the story effectively to the street and drum up any interest. The good news is that this can be corrected.

First......they need to admit to themselves and to the current and long suffering shareholders that they are totally ineffective when it comes to promotion or raising money.

Second.......they need to get someone involved who has credibility and who can take the show on the road to drum up some real interest.

Third........after it is trading at a reasonable level (15 to 20 cents) go find a brokerage firm or capital raising specialist to support the deal and raise some money at 15 cents so that it is not overly dilutive to the current shareholders.

The big question is.......are these guys men enough to admit their shortcomings and allow the company to move forward.
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