GREY:ADEXF - Post by User
Comment by
Redrum180on Mar 08, 2012 8:58am
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Post# 19642316
RE: Still Broke
RE: Still Broke There you go again, mixing apples and oranges.
"Broke" to me is having no assets. "Broke" to you is having less-than-an-impressive amount of cash on hand. But property is fungible, it can become cash through payments from a partner; it can get cash rich by appreciating share value, followed by,say, a pp.
Cash in the bank is important to a guy who lives in, say, his mom's basement; it may not be as important to a company with a multi billion dollar properties. Cash has a funny way of appearing when you have something valuable to sell.
Redrum