Seminole Lake Gliderport for sale
Hi Hal,
The whole purpose is not to make a return on the investment as a cash payable dividend to the shareholders, I would propose more of a benefit in kind - where shareholders get preferential launch fees, membership and accommodation etc which is why it's easier to put in between 1-5k and benefit all the while you own the share... its not being done on a commercial loan basis under any circumstances and depending on global gliding interest there could certainly be a couple of thousand interested parties throwing in some coin.
Renewing the fleet is certainly going to add between 3-500k but you would then have an incredible site and opportunity, freehold, and with a lot of shareholders promoting and talking about it thereby increasing its viability as a site - not just for the US market but for the global community due to the well known local attractions.
cheers
N
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