posted
What's goin on with this one? bought in at .018-.019. I'm in till the end of August. I'm going on the last PR that was put out. Will we see that .07 they say its worth?
Posts: 192 | From: tucson | Registered: May 2004
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quote:Originally posted by gmoney: just pick up another 35K earlier
I hope we see a little juice in the next couple weeks!! You get in at .013 or .0125? Good buy!! If I had some cash free, I would buy more in a heart beat. Good luck!
quote:Originally posted by Az...Cats: I hope we see a little juice in the next couple weeks!! You get in at .013 or .0125? Good buy!! If I had some cash free, I would buy more in a heart beat. Good luck!
.013 --- why do you think it's down here?
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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quote:Originally posted by Bigrod40: What about us poor suckers that jumped in at .04?????
Ouch...you got to be kidding!! Well, when it pops to .05-.07 your portfolio will be looking better. It seems they are trying to rebound. .04 man!! TSBB hurt me as it hurt you here.
quote:Originally posted by Garfield1981: Why do you think it can bounce back to .05+? When will this happen in your opinion? Thanks.
Vision Real Estate Management and Development Announces $8 Million Sale of Assets and Dividend 6/28/2004 9:11:00 AM ALBANY, N.Y., Jun 28, 2004 (BUSINESS WIRE) -- Vision Real Estate Management and Development, Inc. (Pink Sheets: VRMD - News) today announces it has closed on the sale of 90% of its three real estate subsidiaries (Visions One Management Group, Inc., Capital District Property Investors, Inc., Future Capital Investments LLC) and 90% of its trucking subsidiary, DJ Transport, Inc. for a purchase price of $8,000,000 in the form of a secured five year promissory note from Nieves Management, Inc. of Albany, NY.
In addition, the remaining 10% of both the combined real estate companies and DJ Transport will be passed on to the shareholders of record, as of August 15, 2004, in the form of a stock dividend. For every one share of VRMD owned, shareholders will receive 2 shares of the combined real estate companies and 3 shares of DJ Transport.
"The sale of the above assets gives Vision Real Estate Management and Development, Inc. a book value of over $.07 per share," states Daniel J. Duffy, Vice President of VRMD.
"The sale of these assets is one of the final steps needed in order to close on the pending acquisition of MEM Financial Solutions, Inc., a $45 million mortgage company," stated Donovan Rhoden, President and CEO of Vision Real Estate Management and Development. "In the upcoming weeks, our shareholders can expect to see a vast array of changes, including a name change, symbol change and a change in the management structure of our company."
Forward-Looking Statements the private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking information made on the company's behalf. All statements, other than statements of historical facts which address the company's expectations of sources of capital or which express the company's expectation for the future with respect to financial performance or operating strategies, can be identified as forward-looking statements. Such statements made by the company are based on knowledge of the environment in which it operates, but because of the factors previously listed, as well as other factors beyond control of the company, actual results may differ materially from the expectations expressed in the forward-looking statements.
SOURCE: Vision Real Estate Management and Development Inc.
Vision Real Estate Management and Development Daniel J. Duffy, 518-438-8100 ex 303 Fax: 518-862-9247 HTTP:/WWW.VRMDCORP.COM
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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posted
Not sure why it has been heading downward lately. That PR is what sold me though. Guess I just bought in a bit too early.
Posts: 192 | From: tucson | Registered: May 2004
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posted
Been in this a while. I also bought in higher. I think if it truly has long term value we will be fine. If it is a P & D we are the new bagholders. I am hoping they are good but the share price is totally tanked. That would be this stock and almost the whole OTC and pinks. I am not sure if Naked shorting is part of what is going on with this stock in particular but I would say I think there is a ton of it going on in general. GLTA-DD-IMO-Debi
Posts: 1188 | From: Clinton, MA 01510 | Registered: Jan 2004
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quote:Originally posted by WWJD-thru-me: Been in this a while. I also bought in higher. I think if it truly has long term value we will be fine. If it is a P & D we are the new bagholders. I am hoping they are good but the share price is totally tanked. That would be this stock and almost the whole OTC and pinks. I am not sure if Naked shorting is part of what is going on with this stock in particular but I would say I think there is a ton of it going on in general. GLTA-DD-IMO-Debi
This is a great stock and I agreee it seems everything is tanking nowadays. More people need to express their concerns with the SEC. I'm in VRMD @.02 and .013 and looking for at least 200%
Posts: 575 | From: Orlando, FL, US | Registered: Jan 2004
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posted
I'll just put it on the crap side of my portfolio with QBID and TSBB. Adding VRMD to crap side as we speak. I guess I will be alone on this one after all. Arg!!!!
Posts: 192 | From: tucson | Registered: May 2004
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posted
Any ideas to what the 10% dividend will amount to once thrown towards the shareholders. 1 share here one share there. Any ideas what the PPS will be on these shares. They say its worth .07. I don't see them throwing us .07. Everybody would be in if that were the case. Seems the PR was a bit shaky on the -to the point note- think I might just purchase a few more shares.
Posts: 192 | From: tucson | Registered: May 2004
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posted
Look at the L2's on this thing super big gap between the ask and Bid thats allways keep me out
Posts: 1068 | From: Utah and Put-In-Bay Ohio | Registered: Jan 2004
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posted
I really don't understand. Supposedly VRMD recently reduced their A/S, sold a portion of their business for a good chunk of change and now they are giving shareholder's part of that in return. Now their stock is at the lowest level ever.
Can someone who is following this please explain tyhis to me ???
posted
Az, This is pulled from the dividend p/r of 6/28/04:
"In addition, the remaining 10% of both the combined real estate companies and DJ Transport will be passed on to the shareholders of record, as of August 15, 2004, in the form of a stock dividend. For every one share of VRMD owned, shareholders will receive 2 shares of the combined real estate companies and 3 shares of DJ Transport."
Looks to me like for every share of VRMD you own you're going to wind up with 5 additional shares of two other companies, 2 of one and 3 of the other. No way of knowing what they'll trade at though if at all.
posted
I think the MM's are glad people are selling. They are getting shares at .007! If there is a good PR with high volume I think they will let it go.
Posts: 1458 | From: Ohio | Registered: Mar 2004
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After an announcement like that, I can't believe I got the opportunity to buy at the 52 week low. I can not find any reason why this stock is trading where its at.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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After an announcement like that, I can't believe I got the opportunity to buy at the 52 week low. I can not find any reason why this stock is trading where its at.
Mid-August run LOL... good to get in while it's this low.
------------------ FurrySound -DD-GLTA-Unless I've quoted a source, I know not what I speak of.
Posts: 2170 | From: Pennsylvania, USA | Registered: Mar 2004
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posted
The volume on this is dead today. The volume on a lot of the stocks I watch is dead right now.
Posts: 1120 | From: San Diego, CA | Registered: Feb 2000
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posted
Come on Duffy and Gang lets have one of those FAMOUS FRIDAY PRs. Want to order Chinese tonight...
Posts: 1637 | Registered: Apr 2004
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