Take the following as truth: He bought several Strip properties the Silver Slipper and Castaways among them and demolished them to make way for a new kind of resort Mirage  which became an instant success.
Then the following statement: "He bought the Silver Slipper and Castaways, demolished them, but soon ran out of money and the sites still lay derelict to this day." is true, false, or inconclusive?
Answer: False