StockLemonAide

This blog is intended to shed some light on the 'investagtors' over at 'stocklemon.com'.

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Thursday, August 16, 2007

Wah, Wah, Wah - Nobody can find the florida development. HSOA won't comment about it yet, citing confidentiality - probably a good idea until all of the t's are dotted and i's are crossed. Well, folks, I believe I have found the Florida property, and it appears legit, and it sounds like the zoning changes are either finalized or will be shortly.

From Stocklemon, dated July 17:

"It is now close to a month and a half after Home Solutions announced the $100 million contract in Tampa and we have finally made some progress in finding out what we believe to be the mystery project. After 6 weeks of searching up and down all over Hillsborough County for what might be this 600,000 square foot project, Citron believes we have finally found it. It seems to fit much of the criteria of what has been described to the public."

From Stocklemon, dated Aug, 1 2007:

"(and our favorite is) the whereabouts of the Tampa project, which we will now put in the same category as the Loch Ness Monster and Bigfoot. They are all merely legends that some swear by but no one can prove."

From Carl Cronan reporter with the Tampa Bay Business Journal:

(http://www.bizjournals.com/dallas/stories/2007/06/04/daily31.html)

"The Tampa Bay Business Journal, in checking with several commercial real estate sources, is yet to identify any similar projects to the one cited by HSOA that are either under way or are set to be announced within Hillsborough County in Florida."



Ok, Here we go. I believe that stocklemon actually got close on this one, but not close enough. Maybe they do know what I am about to tell you, but withheld it because this WONT make the share price decline.

In their July 17 hatchet job, they did link Brian Marshall of Fireline to a company called Craftmar. They then speculated that a 4 acre property was the site in question.

What I believe, is that Craftmar, is working with the "2006 Greater Tampa Chamber of Commerce Small Business of the Year", Genesis Group.

Here is an article describing the project:
(http://www.sptimes.com/2007/01/05/Brandontimes/Proposal_would_mean_c.shtml)

"Council Bay Farms wants to build 296 condominiums and 300,000 square feet of retail space, with another 335,000 square feet for office and warehouse uses. Before a zoning hearing master in November, Kevin Mineer of the Genesis Group described a big-box anchor tenant, with other shops and service businesses."

Here is where it appears that the Zoning gets approved:

www.hillsboroughcounty.org/htv/caption/scripts/zo070110.rtf

Here is where I think the actual land is, described in documents above as being at the SW corner of 41 & Leisly in Apollo Beach Florida (Hillsburough County). In the link below, the actual parcel is in the bottom right hand corner, so that you can see the beautiful water-front homes with private boat docks, golf courses, etc in the area.

http://maps.google.com/maps?f=q&hl=en&geocode=&q=Leisey+Road+&sll=27.830575,-82.287598&sspn=0.801529,1.2854&ie=UTF8&t=h&om=1&ll=27.754342,-82.418468&spn=0.012533,0.020084&z=16


So, HSOA acknowledged the relationship between Brian Marshall and another developer in the 10q. We are under the assumption that it is Craftmar - and we now know Craftmar and Genesis have a working relationship.

This property is being worked by genesis, and is the right size and in the right area to match the HSOA PR stating the initial details of the project. I say the project is the real deal - Genesis seems to be top notch, and everything appears to be flowing just fine. Another Stocklemon Myth Busted!!! (like that is so tough... lol)

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