Barry W

Live your life under the radar. Love stocks & real estate & in for the long game. Not making any more land, so find the hidden gem in the A location. MUFC. UH

[Barry W @bhwizzy]

The land purchase cost is the cheapest cost in the development world. To pay $25,000 per acre, you have no utilities or nearby MUD. Therefore if utilities are like a mile away, you are probably spending $5M to bring utilities to the site, if not you have to create a MUD, with entitlements and legal work, you are looking at a 12 month window. Putting streets in and drainage, you are looking at 6-12 months and probably $1-$2M, which may take up to 25 acres. Left with a net usable of 75 acres. A SFR or industrial developer may pay maximum $4/sf on a takedown contract, which is $13M, so you are left with a 20% profit. Hence the cheapest part was the land acquisition costs. Many missing pieces on this PR, like was it financed, were there LPs (which will cut into profit), development costs, proforma, funding. Land development is the riskiest part of real estate, so many pieces are needed to do due diligence.

[Barry W @bhwizzy]

@RetailBrokerHTX @runaway_vol 💯💯💯

[Barry W @bhwizzy]

@RetailBrokerHTX @runaway_vol Just make sure you have the Buccees charging stations on your GPS for that drive to UT football. That Etron price tag is like a friggin mortgage.

[Barry W @bhwizzy]

@MrTomMcDermott @David_Ornstein So what happens if the 115 charges verdict comes out and he is then in League 2???

[Barry W @bhwizzy]

@RetailBrokerHTX @runaway_vol That looks cool. Just finished trading in my Q8. Was hoping it drove more like a BMW, but was too gimmicky. Yet to find something that matches the BMW driving experience.

[Barry W @bhwizzy]

@MartiniShark @ChrisCillizza He is a Texas Tech alum, I would make him cover their football games in Winter in a t-shirt.

[Barry W @bhwizzy]

@Joseph_Duarte RIP Watched him as I was there the same time. Great running style.

[Barry W @bhwizzy]

@fortworthchris And they say HTown is 100% oil and gas

[Barry W @bhwizzy]

@molzer In time for the World Cup. Congrats.

[Barry W @bhwizzy]

@LeeAnnHerringOM @ATASCOCITA_FB @Tavon_Bolden1 The Coogs are on fire for the 2027 class. Could be a top 25 class for them. WOW

[Barry W @bhwizzy]

@robbystarbuck @grahamformaine Left the damn toilet seat up.

[Barry W @bhwizzy]

@painsworth512 @CooginIt @Jbridges_22 🔥🔥🔥🔥🔥🔥

[Barry W @bhwizzy]

@painsworth512 @CooginIt @Jbridges_22 They are blowing and going this weekend. Building the wall of china for offensive linemen. Great gets today.

[Barry W @bhwizzy]

@RetailBrokerHTX You are showing your youth. 80's had the big super bands - Queen, Police, U2, Van Halen, Bon Jovi, Journey and then the introduction of the English synthesizer music.

[Barry W @bhwizzy]

@MomAngtrades @FrankLuntz I will accept you for not liking cheesecake, but you just crossed the line about soccer. 😀😀😀😀😀

[Barry W @bhwizzy]

@MomAngtrades Saddest part is she is trying to monetize off it. Kind of gross.

[Barry W @bhwizzy]

$RITE is fully reporting, hence you have to release an 8K for material events. Sorry you feel it is pumpy, but those are the rules of SEC. Alternatively if they released a material event PR without an 8K, it would be considered "marketing or promotional" by SEC, and you would ask why is there no 8K. The rules are the rules.

[Barry W @bhwizzy]

@bethanyjbabcock 😄😄😄😄

[Barry W @bhwizzy]

$RITE Its getting to be the $RITE time finally. Remember a few weeks ago, the company indicated in their most recent discussions with SEC, the main point was the attributed value of the Peeples acquisition. The requirement was for the company to amend their 10Q and 10K to correctly attribute the Peeples price for Skull Valley. Looks like the company has completed that step. Joining the dots, you would imagine "no comment" should be next. So you ask why even mess with a Form 10 or how does that make generational wealth? A Form 10 is important for MineralRite because it is essentially the company’s attempt to transition from a loosely followed OTC Pink stock into a fully SEC-reporting company with a more credible institutional framework. That is massive. Other benefits are: For OTC investors, this is important because many OTC companies are non-reporting or lightly reporting, which creates trust problems. MineralRite itself has repeatedly emphasized that the Form 10 is part of “cleaning up” the company and restoring credibility.

It can help remove the “Unsolicited Quotes Only” restriction. One of the biggest practical issues for RITE has been trading restrictions and limited broker access. The company has publicly stated that achieving SEC “no-comment” status on the Form 10 could help FINRA remove remaining quotation restrictions tied to Rule 15c2-11.

It is often viewed as a prerequisite for uplisting. A fully reporting SEC company is generally in a much better position to pursue: OTCQB
OTCQX
NASDAQ (eventually, if requirements are met)

The best part is funding - It helps with institutional and larger-capital financing. Most serious institutional investors, funds, mining financiers, or strategic partners generally avoid:

non-reporting OTC companies,
companies with unclear share structures,
or companies lacking audited SEC filings.

A Form 10 process can help “reset” the company legally and structurally if management follows through properly. Securities attorneys specifically note that Form 10 status can help cure historical shell-company issues under Rule 144 when certain conditions are met.

The Form 10 is typically the first step with the dominos falling. We should see some gold action soon.

Remember Abstract paid $0.036 for their $250M portion of $RITE. We are now at $0.0049. Abstract has worked on Skull Valley for 20+ years. Next hopefully is the QP report and then Phase 2. Things look to finally be falling into the $RITE place.

[Mineralrite Corporation @Mineralrite]

To facilitate the ongoing review of its Form 10, $RITE just filed amended financial statements reflecting revised acquisition accounting treatment following discussions with SEC Staff. https://t.co/UGuarzcNWQ #MineralRite #RITE #InvestorRelations #OTCMarkets #RITEplace #RITEtime