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Old 02-08-2018, 10:32 PM   #34
OMG!WTF!
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Join Date: Oct 2014
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A couple friends with Walton investments said they heard from the company today and they will be consolidating all the properties and investment companies into a single entity and then issuing shares to the investors. Some of the properties have been sold to cover expenses and others financed to do the same. So the over all value of shares will be less than the original investment but it sounds like it's a much better way forward. They didn't indicate what the write down would be and I don't think they are recognizing individual properties anymore. I think some people with the lesser assets will be quite thrilled while others with better original investments will be ticked.
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