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The American? ANYONE?!

Started by Johnboy976, January 15, 2006, 10:35:12 PM

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Johnboy976

This may be an old subject, but does anyone have any information on "The American" beyond the fact that they're "surveying the area?" I know that it can take a while to plot out the details, but we have been dry for months on any information. Now, I have sent (just recently) an email to some of the top brass trying to get specific information on where they stand... but maybe someone on here has an idea. PLEASE TELL US!!!

MichaelC

The last thing I've heard of the project, was something I got off the website.  It was the mention of their "team" coming together around September 2005.

http://theamerican.com/home/index.cfm

But news of this item has been sporadic.  After the initial announcements in March and April 2004, there didn't seem like very much info until right around November 2004.  Then another gap until around June 2005.

As far as I can tell, it appears that they are still working on funding.  But little would surprise me about this project.

sgrizzle

I emailed their Pulic Information person. The fact it has said "come back in september for a short survey" since the middle of last year annoys me.

LilMikey

quote:
Originally posted by sgrizzle

I emailed their Pulic Information person.



I'm glad you ommitted the "B" and not the "L."

Johnboy976

Here is the news I received from the operating officer of the project:

The American project has not been abandoned......in fact, our team has been working very hard to further the project.  Among other things, we are currently working with OSU to finalize an economic impact study, which will be used to show people what this monument will mean economically to the community of Tulsa and State of Oklahoma.  Our hopes are to have all investors on board by mid-summer, and for construction to begin shortly thereafter.

Chief Operating Officer
 

sgrizzle

quote:
Originally posted by LilMikey

quote:
Originally posted by sgrizzle

I emailed their Pulic Information person.



I'm glad you ommitted the "B" and not the "L."



Whoops!

sportyart

quote:
Originally posted by Johnboy976

Here is the news I received from the operating officer of the project:

The American project has not been abandoned......in fact, our team has been working very hard to further the project.  Among other things, we are currently working with OSU to finalize an economic impact study, which will be used to show people what this monument will mean economically to the community of Tulsa and State of Oklahoma.  Our hopes are to have all investors on board by mid-summer, and for construction to begin shortly thereafter.

Chief Operating Officer



Seems like a carbon copy reply to an e-mail that I got last year about this time....though they were not working with OSU. I would assume that an economic study would have been a very important first step before doing anything else.

TURobY

quote:
Originally posted by sportyart

quote:
Originally posted by Johnboy976

Here is the news I received from the operating officer of the project:

The American project has not been abandoned......in fact, our team has been working very hard to further the project.  Among other things, we are currently working with OSU to finalize an economic impact study, which will be used to show people what this monument will mean economically to the community of Tulsa and State of Oklahoma.  Our hopes are to have all investors on board by mid-summer, and for construction to begin shortly thereafter.

Chief Operating Officer



Seems like a carbon copy reply to an e-mail that I got last year about this time....though they were not working with OSU. I would assume that an economic study would have been a very important first step before doing anything else.



Um... shouldn't this have been done before the project was approved?
---Robert

sgrizzle

It means they are trying to find a new angle to get the project going. They don't have enough $$ so now they are either going to pitch it as "investing in tulsa" or go after public monies.

carltonplace

Any idea if the botanical gardens will move forward without the American? Also, how in H-E-Double-Hockey-sticks do you get to Holmes Peak? I've driven all over the Osage hills.

carltonplace

Public money has not been offered to my knowledge. Citizens may choose to participate by purchasing "shares" in the project.

Rico

quote:
Originally posted by carltonplace

Any idea if the botanical gardens will move forward without the American? Also, how in H-E-Double-Hockey-sticks do you get to Holmes Peak? I've driven all over the Osage hills.





Maybe I can help you on one part of your question... Yes, the Botanical Gardens are going to move forward.. They are a public funded project.

The "American" is a private project.. They are listed as a for profit enterprise.. To my knowledge the only part of the project that will come from the City is the infrastructure for the project.. This was already going to be in place because of the Botanical Gardens..

It has been explained to me that the investment in the "American" is done in increments of $500K... This project is essentially a for profit enterprise that is selling what amounts to stock in the Corporation.. The investments made can be traded at a later date for a profit or loss as the case may be..

On a side note: It has always been curious that the Indian Nations have steered clear of placing funds behind this project. Although, they have never been vocal in opposition to the "American".. One has to wonder if this is something that they are proponents of...

I find it somewhat interesting that a University is doing a prospectus on a project that has a minimum investment price as high as this one..



swake

quote:
Originally posted by Rico

quote:
Originally posted by carltonplace

Any idea if the botanical gardens will move forward without the American? Also, how in H-E-Double-Hockey-sticks do you get to Holmes Peak? I've driven all over the Osage hills.





Maybe I can help you on one part of your question... Yes, the Botanical Gardens are going to move forward.. They are a public funded project.

The "American" is a private project.. They are listed as a for profit enterprise.. To my knowledge the only part of the project that will come from the City is the infrastructure for the project.. This was already going to be in place because of the Botanical Gardens..

It has been explained to me that the investment in the "American" is done in increments of $500K... This project is essentially a for profit enterprise that is selling what amounts to stock in the Corporation.. The investments made can be traded at a later date for a profit or loss as the case may be..

On a side note: It has always been curious that the Indian Nations have steered clear of placing funds behind this project. Although, they have never been vocal in opposition to the "American".. One has to wonder if this is something that they are proponents of...

I find it somewhat interesting that a University is doing a prospectus on a project that has a minimum investment price as high as this one..






Well, the tribes are likely going to follow the lead of the Osages, since this is going to be built in the Osage Nation. And the Osages are not likely to come out against the project no matter what with Gray being Osage himself, even if not a lot, and especially since he is a cousin of the chief. But, I have not heard of the Osage Nation investing any money in this.

sportyart

quote:
Originally posted by Rico

quote:
Originally posted by carltonplace

Any idea if the botanical gardens will move forward without the American? Also, how in H-E-Double-Hockey-sticks do you get to Holmes Peak? I've driven all over the Osage hills.





Maybe I can help you on one part of your question... Yes, the Botanical Gardens are going to move forward.. They are a public funded project.

The "American" is a private project.. They are listed as a for profit enterprise.. To my knowledge the only part of the project that will come from the City is the infrastructure for the project.. This was already going to be in place because of the Botanical Gardens..

It has been explained to me that the investment in the "American" is done in increments of $500K... This project is essentially a for profit enterprise that is selling what amounts to stock in the Corporation.. The investments made can be traded at a later date for a profit or loss as the case may be..

On a side note: It has always been curious that the Indian Nations have steered clear of placing funds behind this project. Although, they have never been vocal in opposition to the "American".. One has to wonder if this is something that they are proponents of...

I find it somewhat interesting that a University is doing a prospectus on a project that has a minimum investment price as high as this one..






Right, and because of SEC regulations, they can't break up the $500,000 shares into micro shares. If they want to have more folks putting in less amounts of funds into the project, they are going to have to scrap the current version, and start over again, and that might not set well with the folks who have currently invested into the project because then there would be more people to deal with decisions for the project. I think they are going in a good direction with the study from OSU because they never did have an economic study before. They took numbers from other "tourist attractions" such as Mount Rushmore and the Arch in St. Louis and tried to pass that off on the number of people that would flood into Tulsa to see a half naked Native American.

MichaelC

quote:
Originally posted by carltonplace

Also, how in H-E-Double-Hockey-sticks do you get to Holmes Peak? I've driven all over the Osage hills.



The easiest way to find Holmes Peak, is;

Take LL Tisdale north to Apache.  And follow the directions to the "Post Oak Lodge" given below.

http://www.postoaklodge.com/directions.htm

Go directly to the Post Oak Lodge.  As you are approaching the lodge itself, on your right, you will see "Holmes Peak", and the future site of the Botannical Gardens.

Post Oak Lodge
5323 West 31st Street North
Tulsa, OK 74127

And you'll get to see some views of downtown Tulsa, that you probably didn't know existed. [;)]