Vision Real Estate Management & Development (fka VRMD)

[LandLord]

VRMD filed a sale of securities Mar 30. (details not known yet )

Released a PR about Cancelling 215 Million shares ,again, Apr 16th (while everyone from Jan 15th on thought it was 68 million) making O/S 81,936,993

April 20th 8 million shares were added (89,936,993)

Released a PR about their distressed property acquisitions and sales April 20.

Released a PR Apr 23 about buying back UP TO 50 million shares. (no details.)

Just for memorable moments

http://www.vrmdcorp.com/dec__5___2003
"...The company has accelerated the audit..."
THE AUDIT HAS NEVER STARTED.

http://www.vrmdcorp.com/dec__17__2003
"...We are bringing aboard the right people, who know how to work together, to build our company into a dynamic real estate company."
THE BOARD OF DIRECTORS ALL NEVER MET.

http://www.vrmdcorp.com/aug__4___2003
".....and we are changing the structure of the company to benefit the shareholders. This share cancellation is the first step to dramatically enhance shareholder value.".........Preferred intends to apply for the American Stock Exchange after the two remaining mergers have been completed. Preferred will be announcing further developments shortly."
NEVER HAPPENED WITH JUST THE 3 COMPANIES.

But I am sure Daniel J. Duffy will find some shareholder value to give us eventually, when they get their act together.