Using Veritas to Construct the "Per…

29-04-2017 Hits:87209 BoomBustBlog Reggie Middleton

Using Veritas to Construct the "Perfect" Digital Investment Portfolio" & How to Value "Hard to Value" tokens, Pt 1

The golden grail of investing is to find that investable asset that provides the greatest reward with the least risk. Alas, despite how commonsensical that precept seems to be, many...

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The Veritas 2017 Token Offering Summary …

15-04-2017 Hits:81127 BoomBustBlog Reggie Middleton

The Veritas 2017 Token Offering Summary Available For Download and Sharing

The Veritas Offering Summary is now available for download, which packs all the information about Veritas in a single page. A step by step guide to purchasing Veritas can be downloaded here.

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What Happens When the Fund Fee Fight Hit…

10-04-2017 Hits:80969 BoomBustBlog Reggie Middleton

What Happens When the Fund Fee Fight Hits the Blockchain

A hedge fund recently made news by securitizing its LP units as Ethereum-based tokens and selling them as tradeable (thereby liquid) assets. This brings technology to the VC industry that...

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Veritaseum: The ICO That's Ushering in t…

07-04-2017 Hits:85443 BoomBustBlog Reggie Middleton

Veritaseum: The ICO That's Ushering in the Era of P2P Capital Markets

Veritaseum is in the process of building peer-to-peer capital markets that enable financial and value market participants to deal directly with each other on a counterparty risk-free basis in lieu...

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This Is Ground Zero for the 2017 Veritas…

03-04-2017 Hits:81941 BoomBustBlog Reggie Middleton

This Is Ground Zero for the 2017 Veritas Offering. Are You Ready to Get Your Key to the P2P Capital Markets?

This is the link to the Veritas Crowdsale landing page. Here is where you will be able to buy the Veritas ICO when it is launched in mid-April. Below, please...

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What is the Value Proposition For Verita…

01-04-2017 Hits:84129 BoomBustBlog Reggie Middleton

What is the Value Proposition For Veritas, Veritaseum's Software Token?

 A YouTube commenter asked a very good question that we will like to take some time to answer. The question was, verbatim: I've watched your video and gone through the slides. The exchange...

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This Real Estate Bubble, Like Some Relat…

28-03-2017 Hits:55192 BoomBustBlog Reggie Middleton

This Real Estate Bubble, Like Some Relationships, Is Complicated...

CNBC reports US home prices rise 5.9 percent to 31-month high in January according to S&P CoreLogic Case-Shiller. This puts the 20 city index close to an all time high, including...

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Bloomberg Chimes In With My Warnings As …

28-03-2017 Hits:83387 BoomBustBlog Reggie Middleton

Bloomberg Chimes In With My Warnings As Landlords Offer First Time Ever Concessions to Retail Renters

Over the last quarter I've been warning about the significant weakness in retailers and the retail real estate that most occupy (links supplied below). Now, Bloomberg reports: Manhattan Landlords Are Offering...

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Our Apple Analysis This Week - This Comp…

27-03-2017 Hits:83128 BoomBustBlog Reggie Middleton

Our Apple Analysis This Week - This Company Is Not What Most Think It IS

We will releasing our Apple forensic analysis and valuation this week for subscribers (click here to subscribe - lowest tier is the same as a Netflix subscription). As can be...

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The Country's First Newly Elected Lame D…

27-03-2017 Hits:83017 BoomBustBlog Reggie Middleton

The Country's First Newly Elected Lame Duck President Will Cause Massive Reversal Of Speculative Gains

Note: Subscribers should reference  the paywall material here for stocks that should give a good risk/reward scenario for bearish trades. The Trump administration's legislative outlook is effectively a political desert, with...

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Sears Finally Throws In The Towel Exactl…

22-03-2017 Hits:89276 BoomBustBlog Reggie Middleton

Sears Finally Throws In The Towel Exactly When I Predicted "has ‘substantial doubt’ about its future"

My prediction of Sears collapsing once interest rates started ticking upwards was absolutely on point.

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The Transformation of Television in Amer…

21-03-2017 Hits:86991 BoomBustBlog Reggie Middleton

The Transformation of Television in America and Worldwide

TV has changed more in the past 10 years than it has since it's inception nearly 100 years ago This change is profound, and the primary benefactors look and act...

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From The Northern Colorado Business Report:

Foothills Mall faces uphill climb
With Dillard's department store officially off the table as a prospective anchor at Foothills Mall, the center's owners will find the deck stacked against their plans for redevelopment, retail experts say.

An official at General Growth Properties Inc. (NYSE: GGP), the Chicago-based real estate investment trust that owns Foothills and more than 200 shopping centers in 44 states, said April 16 that the company plans to complete redevelopment of the 35-year-old mall by 2010.

But population and income statistics, combined with a tanking retail economy, are likely to push those plans much further into the future, analysts said.

"There are very few bullish retailers out there," said Byron Koste, director of the real estate program at the University of Colorado's Leeds College of Business. "They are assessing, because of pressure from stockholders, where they can retrench. Retailers are looking for stores they can close to improve their operations, not for new markets to enter."

Fort Collins City Manager Darin Atteberry and Finance Director Mike Freeman learned April 16 that Dillard's executives had eliminated Foothills from contention after two years of negotiations with GGP. Atteberry, in a message e-mailed to city employees that day, said "the redevelopment project hinged, in large measure, upon that deal" and that "the loss of Dillard's as an anchor tenant could significantly delay the Foothills Mall redevelopment efforts."

The two city officials had met with GGP executives on the morning of April 16 and were told that plans for a makeover of the enclosed shopping mall, with Dillard's as a key anchor, were still in the works.

But Freeman learned after that meeting, in a phone call to Dillard's top real estate executive at the company's Arkansas headquarters, that the deal was dead.

"He told me that Fort Collins was not the place for them," Freeman said. "He did not leave any doubt about that."
 
...

Few alternatives remain

But others in the industry are skeptical, given the relocation of JC Penney from Foothills to another Fort Collins location and the closure of clothing retailer Mervyn's in the past two years. Only Macy's and Sears remain as major shopping venues.

"Clearly, there aren't all that many major mall tenants around," said Denver retail developer Mark Goldberg, who has developed more than 100 "power centers," big-box developments usually anchored by Wal-Mart stores. "Beyond those you mention, I can't think of one other that would go to that market."

Koste said that economic factors, especially consumer confidence and credit woes, would keep would-be tenants on the sidelines throughout General Growth's two-year timetable for redevelopment.

"Because of the recession, this is what our children know as time-out," Koste said. "Everyone goes to a corner and assesses their business plans. In another 18 months there could be a turnaround, and someone will identify you as a sweet spot. Someone will say, 'There is a market there for our format.' ...It would not be healthy for (Foothills) to fail totally. But any success will take some adaptation of the center."
 
 

 

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