Mainstreet Equity Corp T.MEQ

Alternate Symbol(s): MEQYF

Mainstreet Equity Corp. is a Canada-based real estate company. The Company is focused on the acquisition, redevelopment, repositioning and management of mid-market rental apartment buildings in Western Canada. It owns and manages properties in six Canadian markets: British Columbia (including Vancouver Lower Mainland, Vancouver Island, Okanagan and Northern BC), Calgary (including the City of Airdrie, the City of Lethbridge, and the Town of Cochrane), Edmonton (including the City of Fort Saskatchewan), Saskatoon, Regina and Winnipeg. Its apartments are situated in various location such as Airdrie, Calgary, Cochrane, Edmonton, Abbotsford, Chilliwack, Courtenay, Kamloops, New Westminster, Penticton, Prince George, Surrey, Vernon, Winnipeg, Regina and Saskatoon. The Company provides incentives and rentals for Foreign Students attending school in Canada. It also provides student housing facilities, including MacEwan University, University of Alberta, NAIT and NorQuest College.

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Mainstreet Equity Corp

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Comment by Brianw21on Sep 26, 2000 5:06pm

353 Views

Post# 2561706

RE: Whatz Up?

I have heard the size of the company has nearly doubled lately and that institutional investors are sniffing around now. The plan is no dilution and if you take a look at the Board of Directors I think this company can easily move its stock above the $10.00 threshold. I am glad that someone else is also watching this stock, especially after the ranking in the July 2000 Globe and Mail Report on Business. Let me know if you have heard anything.

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