Gibby! What are you smoking? No one is talking about the probability of, or predicting when, the DA will be signed. We all know its a huge if. Why do you keep harping on the obvious? If you're so convinced it's not going to be signed, and that's a perfectly reasonable assessment, then why keep your shares and why post your comments to people who just don't agree with you? We get it. You don't think this is going to happen. Ok. You're like QWERTY and his damn bridge. We got it.

What we're saying is, IF THE DA GETS SIGNED, then contractually, certain moneys flow in certain directions that will cause BOOK VALUE (NOT NECESSARILY MARKET VALUE) to increase. This is not conjecture. It's what will contractually occur ... IF THE DA GETS SIGNED.

The really big jump in BOOK VALUE (shall I use a larger font?), is CONJECTURE as it all depends on the value of the land. But I used an average of numbers to come up with a possibility. If I'm off by 50%, it's still a lot of money. And it's NOT BASED on market interpretation. BOOK VALUE is the net worth of the company / the number of shares outstanding.

How the market will view book value is anyone's guess. But it's always nice to know that one owns (or might own) a company at a FRACTION OF ITS BOOK VALUE.

And your comments about management make no sense. They own a chunk of this company. They have no reason to ride it down to oblivion. In fact, they have acquired more shares over time. Their explanations for the countless delays is more than plausible. If you want to know why the MOT says X but does Y ... we can only go on what management tells us. If they don't know what's going on ... well, why would the RCA be an investor? Why would CCC be an investor? I find their explanations, whilst extremely frustrating, quite plausible and reasonable. It makes sense.

But you offer no information to show that they are not in the know or are being taken (along with the rest of us) for a ride. I don't know when you last spoke with Charlie, but if it was roughly a year ago or longer, it's quite possible he didn't know why the delay in signing. But it seems we have the answer now.

So please, while you have every right to your opinions, please back off and think about this some more. Especially the book value. I'm not talking market value.