Tommy Dobczyk discusses RAD Diversified's shift from residential and multifamily properties into commercial real estate and large land purchases. The company is considering a stock buyback while facing SEC scrutiny, and Dobczyk weighs the risks of direct sales versus brokerage firms and what a Nasdaq listing means for investor protection.
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They were investing in residential properties and multifamily residences and then started investing. And this is where I think maybe they went cracked, started investing in commercial property and then buying farms. Oh, and they started farms. Land. Yeah, land. Lots of land. And so Cardamom's like, I want to reach out to them and say, hey, sell me all your land. Like, we could bail these guys out by buying all their. All their stuff.
Right, Right.
Yeah.
Good idea.
There's a stock buyback program under SEC scrutiny and direct sales. Lim. Wow. So, yeah, again, like, this is important for the podcast because of the fact that there's. There's all these issues that you can get into as a brokerage firm. Right. You know, and when we're talking about protecting investors and stuff like that, this is the type of stuff we're trying to talk about. So.
Well, and I'm sure that, again, if they were traded on the Nasdaq, you know, there's an automatic assumption of credibility there.