very odd announcement from reu, page-14

Nah, UK four seasons nursing health care is looking to repay 52.2 million pound early january 2009. If this materialise, REU should have enough money to payback CS and see itself through 2009. Also, there's a few loan maturing in April 09. Most of the borrowers for these CRE loan are big players, hence it is low chance that they will default.

Once these saga are over, expect share price to jump back close to NTA. also, market is expecting to recover sometime during mid 2009.. 0.5 cents is way undervalue for a stock that has NTA of 60+ cents.