Gaucho Group Holdings Inc (VINO)

[247MarketAddict]

How many are you holding ?

[Jose Chavez]

Edemsa (Empresa Distribuidora de Electricidad Mendoza S.A.) is an electric power distribution company serving 11 departments in the Argentine province of Mendoza. The firm provides services to over 400,000 clients, mainly residential. It operates a 940km high voltage network, a 7,815km medium voltage network and close to 17,000km low voltage network.

[Jose Chavez]

Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories, today announced that its luxury vineyard development project, Algodon Wine Estates, has received Electrical Masterplan approval by Edemsa. Algodon Wine Estates is a 4,138 acre wine, wellness, culinary and sport resort and luxury residential development, in San Rafael, Mendoza, Argentina.

[GringoLocoNY]

yea me too for real

[Jose Chavez]

Cant wait for the real momentum to start here

[Jose Chavez]

Scott Mathis, Gaucho Group Holdings 's Founder, Chairman and CEO, commented on the trademark filing; "By incorporating Maison Gaucho™? into the Gaucho - Buenos Aires®? brand architecture, we see this as an opportunity to expand Gaucho's reach into other retail and experiential categories, thereby building stronger bonds with our existing customer base as well as reaching a broader range of potential customers and new niches. We are intent on elevating Gaucho to the status of being a world recognized brand. As we continue to introduce Argentina DNA to the Unites States, such as our newly opened flagship store in Miami's Design District, as well as our upcoming Las Vegas project that would expand the Gaucho brand in ways that could include opportunities in lodging, hospitality, retail, and gaming, our plan for Gaucho's future is an ever-growing and evolving business." Also adding, "We anticipate making further announcements on our Las Vegas agreement with LVH, which, if successful could have a transformational effect on our value and growth potential in the coming years. Please stay tuned as these and other opportunities unfold."

[Jose Chavez]

In addition, Gaucho Holdings announced last year its commitment of $35 million to LVH Holdings LLC for a 40% ownership in a project located in Las Vegas, Nevada, that would include opportunities in lodging, hospitality, retail and gaming. Gaucho Holdings' brands are intended to be featured prominently in the project, including the development of a Gaucho-branded boutique hotel, hospitality lodging with residential leasing, a well-appointed Gaucho retail store featuring Gaucho's fine leather goods & accessories, as well as an Argentinian steakhouse with the potential curation of a tango show. Additionally intended is a wine bodega featuring Gaucho Holdings' high end wine brand Algodon Fines Wines, which are produced at its 4,138 acres winery in San Rafael, Mendoza, Argentina.

[GringoLocoNY]

10-20M volume would take this to the moon

[Jose Chavez]

Gaucho - Buenos Aires®? embodies the spirit of Argentina -- its grand history, its folklore and its revival as a global center of luxury. Inspired by the sophisticated elegance of the great European maisons, Gaucho - Buenos Aires™? is also rooted in the traditions of native, nomadic culture. With its ambitious couture, ready-to-wear and high-street fashion offering, this is the brand in which Argentine luxury finds its contemporary expression.

[Jose Chavez]

Maison Gaucho™? is the high design, high style component of the Argentina luxury fashion brand Gaucho - Buenos Aires™? (GAUCHO.com). The line offers unique, handmade pieces showcasing elevated looks for style conscious people who value being fashion forward. Founded by entrepreneur Scott Mathis and headed up by Argentine Creative Director Lautaro De la Peña, Gaucho - Buenos Aires®? blends the quality of a bygone era with a sophisticated, modern, global outlook. The brand's beautifully handcrafted clothing and accessories herald the birth of Argentina's finest designer label.

[247MarketAddict]

Technically yes I think we're oversold too

[GringoLocoNY]

i would say extremely oversold too

[247MarketAddict]

For sure

[Jose Chavez]

Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods & accessories, today announced its trademark application for MAISON GAUCHO™? has received its Notice of Allowance (NOA) for the categories of Class 41 - Casinos; Night club services; Dance club services, and Class 43 - Hotel accommodation services; Restaurant services; Bar services; Bar and cocktail lounge services.

[247MarketAddict]

Undervalued for sufe

[247MarketAddict]

Bounced over 0.30 quick 2 weeks ago

[Jose Chavez]

For more than ten years, Gaucho Group Holdings, Inc.'s (gauchoholdings.com) mission has been to source and develop opportunities in Argentina's undervalued luxury real estate and consumer marketplace. Our company has positioned itself to take advantage of the continued and fast growth of global e-commerce across multiple market sectors, with the goal of becoming a leader in diversified luxury goods and experiences in sought after lifestyle industries and retail landscapes. With a concentration on fine wines (algodonfinewines.com & algodonwines.com.ar), hospitality (algodonhotels.com), and luxury real estate (algodonwineestates.com) associated with our proprietary Algodon brand, as well as the leather goods, ready-to-wear and accessories of the fashion brand Gaucho - Buenos Aires®? (gaucho.com), these are the luxury brands in which Argentina finds its contemporary expression.

[GringoLocoNY]

hopefully man

[247MarketAddict]

For sure I believe this month it's showtime

[GringoLocoNY]

should bounce before christmas $$$$

[GringoLocoNY]

SOBR was at bottom too and bounced on strong daily volume

[Jose Chavez]

Algodon's Chief Operating Officer, Sergio Manzur Odstrcil, commented; "Due to the current USD to Peso conversion rates and its effect on labor and some materials costs, we are seeing historic lows in building costs-at values we have not seen in 30 years, so now is the time to build. We estimate it may cost approximately USD 650 per sq m (USD 60 per sq ft) to build these commercial business centers which, when combined, total approximate 2150 sq m (23,142 sq ft). We believe with the potential rental income we could make back our building costs in a matter of just a few years."

[247MarketAddict]

It's a Nasdaq stock it'll blow up on huge volume

[Jose Chavez]

"Argentina's challenging economic environment certainly has its negatives, but it can also provide extraordinary opportunities. It may serve us well to build in Argentine pesos, at the equivalent of USD 70 per sq ft-which includes paying labor in the devalued peso, and then further benefit from that scenario by leasing those properties in U.S. dollars. Our goal and model is to attempt to ‘produce in pesos, then sell in USD' as much as we can. We believe we can duplicate this same model throughout Argentina's biggest cities, such as Córdoba as well as Buenos Aires, for which we've already targeted multiple prime locations. One of our biggest strengths may ultimately be having the ability to leverage opportunities such as this because of our local, on-the-ground experience. Over the next 36 months, our goal is to invest 30 million USD under this same scenario. We are excited about the long-term opportunities this model may provide."

[GringoLocoNY]

need more news updates

[Jose Chavez]

Scott Mathis, CEO & Chairman of Gaucho Holdings commented, "We've already secured our first tenant (a well-known, multi-unit business that has demonstrated a long operating history in Argentina) with a ten-year lease at our San Rafael location. As part of the same property that is yet to be developed, there's an adjacent area on which we intend to build a two-floor business center and commercial marketplace containing six units on the ground floor and two units on the top. Similarly, at our Córdoba property, we intend to develop a two-floor business center and marketplace containing four units on the ground level and five units on the upper level. As both these locations offer ample customer parking, generally a rare feature in Argentine cities, we believe we can set a premium on rental asking prices. Additionally, when we factor in an estimated inflationary increase annually, the numbers year-over-year may be significantly higher. We believe the valuation of the real estate was temporarily lowered because of the Covid crisis, which could allow for substantial appreciation in the years ahead."

[Jose Chavez]

As previously announced, last year the Company purchased land holdings in Argentina in an all-stock transaction valued at approximately $2.4 million. One of the property lots is located in the San Rafael, Mendoza region of Argentina, and the other is located in the country's second largest city of Córdoba, with the estimated fair market value of the combined properties totaling approximately $2.4 million. Both properties are also located on major thoroughfares, seeing significant foot and street traffic, and both with ample parking, a feature considered a rare benefit in Argentine cities.

[247MarketAddict]

It'll trade similar soon you'll see

[Jose Chavez]

Gaucho Group Holdings, Inc. (NASDAQ:VINO), a company that includes a growing collection of e-commerce platforms with a concentration on fine wines, luxury real estate, and leather goods and accessories (the "Company"), today announced the formation of Gaucho Development SRL, an Argentine holdings company slated to develop the Company's recently acquired land holdings in the commercial and business districts of San Rafael, Mendoza and Córdoba. The Company estimates potential rental income of more than USD 260,000 annually, once development is complete.

[GringoLocoNY]

if we get same volume than SOBR we will all be rich

[GringoLocoNY]

$VINO daily chart https://www.stockscores.com/charts/charts/?ticker=vino

[GringoLocoNY]

def

[Jose Chavez]

Avg. Volume 892,953

[Jose Chavez]

We’re Right at the bottom line

[GringoLocoNY]

i'll take a buck or more all day everyday

[Jose Chavez]

52 wk Range 0.152 - 4.93

[GringoLocoNY]

will sure happen as soon as we bounce

[GringoLocoNY]

great keep holding bro

[Jose Chavez]

Waiting for 1.00+

[Jose Chavez]

$VINO loaded here havent sold any

[GringoLocoNY]

for sure no doubt very veryyyy soon

[247MarketAddict]

And yes exactly like $SOBR

[247MarketAddict]

It's near

[GringoLocoNY]

sup all get ready for a massive bounce and run like SOBR

[GringoLocoNY]

0.193 loaddd the boat!!!

[GringoLocoNY]

expecting more tomorrow

[GringoLocoNY]

strong volume today

[GringoLocoNY]

let's see if we can get some action this week

[Jose Chavez]

technically it's ready to bounce and run at least to 1.00+

[247MarketAddict]

Low OS great recent news, can't wait for the heat