SDAD is an active clean, new Coporation, with Direct relations to Adgar Investments through common insiders of each Co and the same Business models for each company, SDAD appears to be the vehicle for them to establish themselves in the US Markets! No toxic Convertables, recently Renewed: 02/23/2011!
A little research demonstrates the Shneidman's own the following public Co on the Tel Aviv SM that actively trades at $150 per share and the principals of Adgar Investments are the same folks here, they acquired SDAD to have a gateway to the American markets!!! SDAD has the exact same business model as Adgar, hmmmmm!
Adgar Investments and Development Ltd. is a public company traded on the Tel Aviv Stock Exchange, which acts as the real estate arm of the Zur Shamir Group. In 1994, the Zur Shamir Group purchased Adgar and turned it into a division specializing in the real estate field in the Israeli and International markets.
The company, directly and via subsidiary companies, invests in income-producing assets, mainly in the field of office space in Israel and abroad. The company operates in Israel, Canada, Poland and Belgium, and owns 31 income-producing properties with a total area of some 305 thousand square meters.
Furthermore, the company also carries out entrepreneurial activities in the field of income-producing real estate. The company purchases land and utilizes of existing land reserves for the purpose of erecting office buildings using external contractors. 2 initiatives are currently at various stages of completion, involving the construction of an additional 49,000 square meters.
S.H. Resources and Development Corporation
Mr. Eli Schneidman, 310-271-6215 Vice President elischneidman@roadrunner.com
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