GN, ARTIS and Early Birds.....VRCH Updated profile on otcmarkets:
Business Description
ValueRich is a Multi-Industry Company. The ValueRich business model is to Build, Buy and Invest in companies that add to the asset base, produce net profits and increase Shareholder Value. Currently the Company owns and operates real estate assets in Florida including a 350-acre development consisting of two communities named Ravello and Visconti. The communities are comprised of 440 build-ready lots, located along the St Lucie River in Port St. Lucie, Florida.
In addition, the Company is currently exploring various opportunities in the legal, legitimate and transparent emerging cannabis industry. There are currently numerous factors converging to induce the legalization of cannabis throughout the United States. We believe there is vast opportunity by establishing a footprint in this new emerging Industry while the laws, regulation, public education and awareness are not fully understood or comprehended by the majority of the general public. After a great deal of research and due diligence, it is our opinion that this new industry lacks experienced, business leadership and clearly defined investment opportunities. The Company is engaged in multiple dialogues with some of the prominent and leading companies currently doing business in and around Denver, Colorado. The Company will continue to explore opportunities that could range from retail products, to scientific development, all encompassing around the emerging legal and legitimate Cannabis industry.
The Company is expected to enjoy a financial benefit that other competing developments might not, as the Company will not incur most initial development costs such as pre-construction of roads, sewers or utility infrastructure. The Company assumed control over the Visconti and Ravello developments after the previous developer completed and incurred all such costs related to development infrastructure. In addition, the Company acquired the development assets, including the build-ready lots on January 10, 2010, when real estate prices were at historical lows; most of the acquired lots were purchased for approximately 10% of their original selling prices. The Company intends to utilize these savings to maximize competitive pricing structures while also maximizing the profitability for shareholders.
ValueRich signed an exclusive, multi-year home building development agreement with Arthur Rutenberg Homes (?Rutenberg?) (www.arthurrutenberghomes.com), a well-respected regional homebuilder that has been in business since 1953. Rutenberg will be an exclusive builder in the Ravello Development.
The Visconti development will offer a unique modern architectural theme with loft-styled, open floor plan interiors. The Visconti home is based on a forward-thinking premise that most homeowners only utilize a portion of their homes and not the entire house. As we designed the Visconti floor plan we focused on the most utilized and lived-in spaces while removing or decreasing the size of the less lived-in spaces. We believe that the Visconti home is our game changer, we are hopeful that our modern architecture, open floor plans, high ceilings, use of smart phone/tablet technologies, exotic marbles and granites combined with value pricing will attract new buyers to view our homes and ultimately purchase from us.
