Hog,

Your first paragraph was my experience in the past, which is why I mentioned my past in my first response. I wasn't trying to imply "cream vs shaft" for SLI management, just more voicing my past experiences and wondering if anyone had talked to SLI about it.

Unfortunately I was confused when writing my first post and ended up incorrectly separating company acquisition and property sales as being drastically different. At the time, Company acquisition looked like the "cream vs shaft" scenario you mention and I have experienced. I am new to investing in companies with "property" sales as a major aspect, so I associated property sales with everything I have read on the board and the DD I have done so far which was highly positive, which made the 2 seem drastically different at the time.

Sculpin helped clear up my confusion with the numbers when he responded to my post.

I had read the information in your second paragraph a few times in other posts, but I had only seen it in reference to avoiding takeovers and not in the way you just mentioned, thanks.

Everything is clear [for now :) ], so thanks all who responded to help clarify things.