- Sep 21, 2004
- South of Boston, Burke Mt VT
Re: $500 million raised
We were talking about that tonight is that it seems obvious that they DON'T have $500 mill in the bank. If they did, ALL the projects would be well underway. They are not. I think they've got a lot of investors lined up but not $500 mill.
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I don't know, but that is what they are reporting. Here's the link,
And here's the quote
"The number of investors in Jay Peak has grown to 1,089 immigrants who have put up $544.5 million toward a series of projects Stenger and Quiros hope to develop."
And that would explain why most of the projects are well underway.