A while back? Try Ap16,2013. I while back is when JK thought he could finally build a real company and grow it. Nope. Check the news people, the properties were lodged as collateral way back. You might be surprized to find out what would happen if Alhambra as a public entity can't maintain or pay its debts.
Why does this surprize anyone that Alhambra has no money????? Why does it surprize anyone that Alhambra has had a reason for not being able to deliver a return for shareholders. Think!
The viability of the said properties was proven with shareholder money. Some will win big, everyone else?
The legend grows.