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Vestin Realty Mortgage II, Inc. Message Board

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  • mynvcpa mynvcpa Oct 30, 2008 11:18 AM Flag

    Gut check!

    Start with investor's money at 0 - 10%; Loan it out at 17+% based on inflated valuations; Set up your own mgt co to extract a guaranteed profit. If it works, let simmer. If (when) it tanks, take it public claiming it's the only way to provide liquidity. Do as little as possible to show stock value and kill the only good thing about it - the dividend. Proceed to buy back at pennies. Do it roughly I, II, or III times. Spend a little of the skim on girlfriends, bodyguards and a team of accountants and lawyers. Then laugh.

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