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monda2frida

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monda2frida

Re: None

Monday, 01/06/2014 1:23:01 PM

Monday, January 06, 2014 1:23:01 PM

Post# of 3131
VRCH $4 stock you can buy for pennies:

Did a google search. How much is just the land worth that VRCH owns? There are listings in Pt. St. Lucie. 1/4 acre lots are listed between $20-$75k. Take a median price of $40k for a 1/4 acre, VRCH owns 350 acres. So 1 acre is valued at conservatively $100k. 350 acres X $100k = $52 million dollars. $52m divided by 11m o/s is roughly $4.70 share. See you at the top.


http://www.landwatch.com/default.aspx?ct=R&type=5,35;6,826;268,6843&pg=1
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