Standard Pacific new homes coming to Tustin

NEW -> Contingent Buyer Assistance Program
to be fair, we probably are exposed to a host of much worse stuff between chemicals in food, cleaners, pollution, etc.  its just having to sign that line that disturbs me.
 
I just added this to my signature; classic stuff

irvinehomeowner said:
Should any Person come into contact with such fruit, soil or groundwater, such Person is advised to wash thoroughly with soap and water and seek immediate medical attention.
Yeah... that's the line that freaked us out. Maybe we are overreacting but anything that tells you to seek medical attention if you come into contact with something that is in your own backyard... danger Will Robinson, danger!!!
 
STANDARD PACIFIC CORP. REPORTS 2012 SECOND QUARTER RESULTS
Q2 2012 Net Income of $14.3 million, or $0.04 per diluted share
Q2 2012 Net New Orders up 45% vs. Q2 2011

2012 Second Quarter Highlights and Comparisons to the 2011 Second Quarter:
Net income of $14.3 million, or $0.04 per diluted share, vs. net loss of $10.5 million, or $0.03 per diluted share
Net new orders of 1,108, up 45%
Backlog of 1,266 homes, up 62%
157 average active selling communities, up 3%
Homebuilding revenues up 35%
Average selling price of $337 thousand, up 1%
815 new home deliveries, up 34%
Gross margin from home sales of 20.5%, compared to 17.0% (20.0%* excluding impairments in Q2 2011)
SG&A rate from home sales of 15.3%, a 350 basis point improvement
Operating cash outflows of $56.6 million, a $65.4 million improvement from $122.0 million
$131.1 million of land purchases and development costs, compared to $123.8 million
Adjusted Homebuilding EBITDA of $41.8 million*, or 15.2%* of homebuilding revenues, compared to $23.7 million*, or 11.6%* of homebuilding revenues
Homebuilding cash balance of $317 million

http://phx.corporate-ir.net/phoenix.zhtml?c=95153&p=irol-newsArticle&ID=1719153&highlight=
 
TustinLegacy_CA1.jpg

http://www.whablog.com/wordpress-blog/2012/08/15/tustin-legacy/
 
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