I’ve been hesitant to publicly speak about Sitestar(SYTE). With a market cap of under $3MM and 50% held by directors, it’s too thinly traded to be relevant to most investors. I also have no intent or interest to move the stock price in the short term. I personally have a relatively large position, comprising between 1 and 2%… Read More »
Consolidated Tomoka(CTO) announced two recently completed transactions, the first under the leadership of CEO John Albright. The first transaction completed the repurchase of land that had been sold to Halifax Hospital Medical Center in 2003 but never developed. The company entered into an agreement with Halifax in 2009 to repurchase 33 acres over 4 years, but purchased the… Read More »
A comment on a recent post asked whether we’d considered the value of Eastman Kodak’s(EK) real estate. It’s not something we’d given much thought to, but we’re friendly folk and so we proceeded to do a bit of digging. Our first stop was Kodak’s most recent 10K. While some companies provide detail on their real estate holdings, Kodak… Read More »