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As
a general rule, the most successful man in life is the man who has the best
information
With
commodities rocking an investor would have to be crazy to consider an
investment in a company whose asset is a cash flowing green parking lot
right?
 
Maybe
not, because now, Greenscape Capital Group TSX.V – GRN has undeniable
fundamentals
GRN’s
Canopy Airport Parking lot is now open cash flowing - giving them a $40
million asset with average net income forecast at a robust $5 million a year.
Presently the company has less than a $10 million market cap.
Greenscape’s
Canopy Airport Parking lot (completed on budget and well ahead of schedule)
is an environmentally advanced 4200 stall facility. The Canopy Airport Parking
serves the Denver International Airport (DIA - one of the most heavily used
airports in the U.S.) in Denver, Colorado and will also act as a
demonstration site for the installation of future facilities.
Canopy Airport
Parking facility:
- Cost
approximately $18.5 million to build
- Has
a Cushman+Wakefield appraisal valuing it at $41.6 million after income
stabilization
- Will
generate up to US$19 million in revenue annually, with an estimated
annual profit of US$5.1 million after the first year of business
- Is
owned 81.2% by Greenscape. Propark (and affiliates) own 18.8% - Propark
is a 25 year parking industry leader in the United States
- Incorporates
wind, solar, geothermal and LED lighting and has achieved LEED
(leadership in energy and environmental design) Gold certification
- Has
six free Juice Bar electric vehicle (EV) plug in stations - each Juice
Bar provides Level One (a typical electrical outlet) and Level Two
(220-240V) recharging connections
- Has
been named as the demonstrator site for the US green parking movement by
the US Green Parking Council
- Has
water permeable pavement (recycled roof shingles) and contaminated
run-off water treatment
 
GRN’s
Canopy Airport Parking facility boasts unique environmental features. Green
Facts at Canopy:
- 9.6 kW wind turbine farm
- 16.9 kW solar array
- Geothermal energy 300 foot deep bore holes with heat pump technology
- Free recharge for plug-in hybrids and electric vehicles
- Reflective roof reduces air conditioning load
- 35% of Metallic Building steel sourced with recycled cars
- Asphalt is created from recycled roofing shingles
- Porous pavement moderately filters rain and snow runoff
- Covered and indoor parking reduces automotive air conditioning load
- Canopy operates 1 regenerative hybrid bus, 6 Compressed Natural Gas (CNG)
buses and 7 biodiesel buses
     
The
environmentally friendly features attracted several sponsorship deals.
Frontier Airlines (a major regional carrier that runs 550 daily flights out
of Denver and Milwaukee) is exclusively marketing discounted rates to its
6500 daily passengers that fly from Denver. BMW Group DesignWorks USA
designed the Juice Bars.
“Every
one of those passengers will have the Greenscape story marketed directly to
them.” Brian Slusarchuk , Greenscape CEO
Conclusion
Unlike
a resource company, Greenscape does not need success with the drill bit. It
is certain that people will continue to fly and many of these airline
passengers will need to park their cars. This parking space demand should
give Greenscape’s investors something to count on in their portfolios -
an asset with cash flow.
The
business imperative is clear - the parking industry has the ability to
generate stable, predictable and long term cash flows.
Greenscape’s
business model (expertise in the application of alternative energy solutions
and recycled materials) offers an opportunity to diversify and “go
against the commodities herd” by giving retail investors the chance to
invest in a mostly untapped green space – the parking industry.
As
Airline business and tourism traffic grows with an improving global economy,
so too should Greenscape’s margins and profits.
Already
undervalued with a cash flowing $40m asset, the next project could be just
around the corner.
“One
thing we have seen is that with the return on investment we can generate,
there’s no shortage of debt financing and no shortage of bank financing.”
Brian Slusarchuk Greenscape CEO
Is
Greenscape TSX.V – GRN, with its Canopy Airport Parking facility
and boasting unique environmental features, on your radar screen?
If
not, maybe it should be.
Richard Mills
Aheadoftheherd.com
Richard is host of www.aheadoftheherd.com and invests in the
junior resource sector. His articles have been published on over 60 websites
including - Wall Street Journal, 24hGold, Kitco, USAToday, Safehaven,
SeekingAlpha, The Gold/Energy Reports, Gold-Eagle and Financial Sense. If
you're interested in learning more about specific junior gold/silver stocks
and the junior resource market in general please come and visit his site at
www.aheadoftheherd.com
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