John Liang - EVP
---------Yes, Dr. He. Matthew, in regard to the Brooklyn project, we’re executing the sales in a relatively controlled manner, especially the rhythm and pace of sales. As you probably know, the Brooklyn Waterfront Condo market is extremely supply constrained and in pretty consistent upswing in the last two years. So under that backdrop, it would be relatively foolish to try to dash to the finish line this early in the game. Typically as a U.S developer, they would start presale typically about 6 to 12 months ahead of the final delivery of the project. As a strategic decision, the Company decided to start that presale process earlier. So we’re probably 18 to 24 months before the final delivery of the product. So we’re -- like I said we’re adapting a very prudent and controlled manner in executing our sales. But the trend is very encouraging. Even before we completed the sales office, I will just give you an example on our Web site we had accumulated 300 [ph] [name] registered potential customers and right now we had to slow down the sales, because the demand is too high and we wanted to gradually create this hype and we wanted to do it in a very limited and controlled manner, so that each customer is treated as a VIP on a exclusive basis. So they have (indiscernible) that prices will increase and we’re getting them a privileged preview of our product. But right now we have completed somewhere between 25 and 30 contract sales. And we’re not in a rush to do more. We are doing it in a very controlled manner. Thank you. ---------
Say what Infn? Can't see your comment. Couldn't see a few of my own this week either. How ya doin bud?
LMAO........so the Grand Opening they were supposed to have had June 30th was a flop where only the sales team showed up, so they're having another Grand Opening? This must be the Chinese way of doin things........if at first you don't succeed, just keep on tryin.
You want to see some real volume on Options .........................check puts on HLF at 50 for Jan 15 and its about a 25 Million dollar bet
It is no use beating a dead beat much. So keep howling while you can and continue shoving that head of your into Trumps head and when you have some time left suck on that necrotic stump. While you keep doing that the world would find treatment to bring more Ebola patients from the pangs of death.
Big surge in interest can send volume in MEDA pass the 1 million mark and take price north with it. Management very bullish after Silicon Valley move
know if it was Mr. 128 volume would be much much much lower..............................like maybe 10
On a POS stock why on earth would anyone try a option when the stock is so cheap....................besides thats CS Volume anyway.......................maybe you start seeing 8000 contracts now that would be something
Always best to ignore msg board BBS. From the Q2 6-K Statement of Operations---------
June 30 2014 ADS 76,343,000
March 31 2014 ADS 77,801,000
The above are weighted average ADS
On behalf of XIN Development, Halstead PDM, and Piet Boon, we invite you to join us in celebrating the grand opening of Oosten’s sales gallery on Thursday, September 18th, from 6PM-9PM. Enjoy an evening of cocktails and hors d’oeuvres, as well as an exclusive first look of Oosten.
The sales gallery is located at 53 Broadway in Brooklyn, NY.
All the best,
The Oosten Team
Look at the bid/ask ration for the Jan and April 2014 call options. 1:1 on the $2.50 strike price for both, but 10:1 on the Jan $5 and 30:1 on the April $5 strike price.
MEDA could #$%$ greater stake in the exploding social analytics market with latest features added to Klarity. Big news sends interest in the stock soaring
They seem nervous and scared, that the stock is going to rise, probably to the $3.75 range, maybe today.
RSI indicated oversold position short term. Nice to see a dividend announcement today. Ex-Date is the 27th.
If you're comfortable with your decision Hoc, that's all that matters, not what anyone else thinks.