Patenting a new method to create medicine looks great. But then, maybe not. After a quick but careful review from two experts, it seemed that one third of the applications would not go through. Okay, that wasn't too bad. What was bad, was that all the applications that would probably go through, would be the almost worthless ones.To make it short. The guys who started this did not make a big fortune, but they still made a small one. The investors who put their money into these companies found out that the hype was much greater than the business, and the value of those two companies was now about a tenth of the original value. The third company was somewhat better because they were actually doing something, while those other two mainly owned some nice patents with no real value. I was able to make some money by playing against the markets, but there's not anything illegal about that. What remains to be seen is if the group behind the original plan wittingly misled investors or. As far as the demolition of my properties, the permits had to be in place before construction contracts could be let. Young as I was, I suppose I was impatient. I was also frustrated as well.The city government was a little hesitant to come up with the money for the access and exit construction costs. Pat and I were at the council meeting when this was on the agenda. Tony was the spokesperson. "This can be financed privately if the city doesn't want to get involved. However, it is quite a sum and to pay this off it would need to be bonded. The pay comes from tolls. That is not too efficient as toll keepers would have to be employed."That would be one way this could be financed. Another way would be to sell municipal bonds. This is a capital investment and again bonds could be sold to pay for the construction. Those same private investors could purchase these. Another option would be to let this construction take place and all costs associated with the project be paid on a cost plus.
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