Replies to post #585550 on The Hunt for the Next 10 Bagger

[monda2frida]

VRCH: 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

[monda2frida]

VRCH .12 now current filer!!:


http://www.otcmarkets.com/stock/VRCH/company-info