The more DD I do on this stock, the more comfortable I am with my investment in such an emerging and eager company.
So far, the company has already pre-sold 25% of their "Gerona Gardens" project, which involves construction of 42 independent living units (1087 square feet each) for families.
Here, "PVLH anticipates revenue of $2 million from the sale of Gerona Gardens’ units."
Following this project, they'll be going into the "La Guardia Towers" project. This involves 6 residential buildings located in the Northern part of the capital city, Quito. They're talking construction of 48 residential apartments (807 square feet each).
Here, "PVLH anticipates revenue of $2.5 million from the sale of units in the project."
Further along, "PVLH expects to close a sales contract for 12.4 acres in a picturesque valley "San Rafael", in the suburbs of the capital city Quito.
The "San Rafael" project is expected to involve construction of 200 residential units for families, and PVLH believes an expected significant increase in cash flow will enable PVLH to reduce property delivery time, and increase future profits."
Put all this together, folks, and I think we're looking at a the birth of a nice little real estate development machine. They're also talking about building an office building and smaller apartment building(s) in downtown Quito, according to their research report.
I don't know about you all, but I'm quite happy to get in on the ground floor of such an up and coming enterprise.
