Jay Peak / Burke Sweepstakes - Page 8

AlpineZone

View Poll Results: Who will purchase Jay and/or Burke?

Voters
27. You may not vote on this poll
  • Vail

    3 11.11%
  • Alterra

    6 22.22%
  • Powdr

    2 7.41%
  • Peaks

    2 7.41%
  • Boyne

    0 0%
  • Other

    8 29.63%
  • Independent/New Company

    6 22.22%
Page 8 of 8 FirstFirst ... 678
Results 71 to 78 of 78
  1. #71

    Join Date
    Jun 2013
    Location
    Barto, Pennsylvania
    Posts
    1,210
    Quote Originally Posted by Smellytele View Post
    owners of what?
    The investors will own everything, once all of the assets are transferred from Quiros. That includes, the land, lifts, hotels, water park, lodges, and all of the other properties/houses Quiros forfeited.

  2. #72
    Smellytele's Avatar
    Join Date
    Jan 2006
    Location
    Right where I want to be
    Posts
    6,310
    Quote Originally Posted by mbedle View Post
    The investors will own everything, once all of the assets are transferred from Quiros. That includes, the land, lifts, hotels, water park, lodges, and all of the other properties/houses Quiros forfeited.
    Which investors? The eb-5 people?
    2010/11 - 30days 2011/12 - 29days 2012/13 - 40 days 2013/14 - 39 days 2014/15 - 42 days
    2015/2016 -27 days 2016/17 - 51 days

  3. #73

    Join Date
    Jun 2013
    Location
    Barto, Pennsylvania
    Posts
    1,210
    Quote Originally Posted by Smellytele View Post
    Which investors? The eb-5 people?
    Yes, the eb-5 investors (Phases 2 - 6 will benefit from the sale of Jay Peak and Phase 8 will benefit from the sale of Burke) are the owners of all of the assets, in a sense that all of the profits from the sale of the resorts will be distributed to each of the investors. The Phase 1 investors are getting paid back the remaining balance of their "loan" to Jay Peak with money from the RJ settlement. The Phase 7 (anc-bio) investors are getting their $500,000 returned to them, also with the settlement money from RJ. What I was thinking is that there is no way these two resorts will sell for enough money to return the $500,000 to each of the Phase 2-6 and 8 investors. Maybe I got all wrong.

  4. #74
    Smellytele's Avatar
    Join Date
    Jan 2006
    Location
    Right where I want to be
    Posts
    6,310
    Quote Originally Posted by mbedle View Post
    Yes, the eb-5 investors (Phases 2 - 6 will benefit from the sale of Jay Peak and Phase 8 will benefit from the sale of Burke) are the owners of all of the assets, in a sense that all of the profits from the sale of the resorts will be distributed to each of the investors. The Phase 1 investors are getting paid back the remaining balance of their "loan" to Jay Peak with money from the RJ settlement. The Phase 7 (anc-bio) investors are getting their $500,000 returned to them, also with the settlement money from RJ. What I was thinking is that there is no way these two resorts will sell for enough money to return the $500,000 to each of the Phase 2-6 and 8 investors. Maybe I got all wrong.
    Did any get and keep their green cards?
    2010/11 - 30days 2011/12 - 29days 2012/13 - 40 days 2013/14 - 39 days 2014/15 - 42 days
    2015/2016 -27 days 2016/17 - 51 days

  5. #75

    Join Date
    Jun 2013
    Location
    Barto, Pennsylvania
    Posts
    1,210
    Yes, a lot of the investors have already received their green cards.

  6. #76
    Thanks Obama

    With the new wall being built between us and number 1 enemy Canada, this should cut skier visits to these resorts

  7. #77
    I know you're just trolling, BUT in time Jay might see a dip in business if the current administration continues down this path they're on.

    Sent from my Pixel using AlpineZone mobile app
    2014-2015
    11/3- Sunday River
    11/9- Bretton Woods
    12/13- Bretton Woods
    1/18- Wachusett
    1/25- Watatic
    1/29- Wachusett

    www.skibigsquaw.com

  8. #78
    Quote Originally Posted by sull1102 View Post
    I know you're just trolling, BUT in time Jay might see a dip in business if the current administration continues down this path they're on.
    Jay Peak accepts the CAD at par, so if the CAD continues to drop against a stronger dollar it's the hill that will take it on the chin. As for the Canadian, declining oil prices are a much bigger threat as Canada as a nation is WAY too leveraged to the price of oil for its' economy.

    President - Bicknell's Thrush Extermination Solutions (BTES), LLC



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
All times are GMT -5. The time now is 2:36 PM.