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Genesis Land Development Corp T.GDC

Alternate Symbol(s):  GNLAF

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Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Corporation is engaged in the acquisition, development and sale of land, residential lots and homes in the greater Calgary area. It operates through two segments: land development and home building. As a land developer, Genesis acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG), its home building division. The land portfolio is planned, developed, serviced and sold as single-family lots and townhouses, multi-family and commercial parcels. It designs, builds and sells homes on a significant portion of its single-family lots and townhouse land parcels. It also acquires single-family lots from other land developers to build and sell single-family homes in additional CMA communities.


TSX:GDC - Post by User

Genesis Land Development Corp
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Post by symboton Apr 22, 2009 12:58am
697 Views
Post# 15935139

Ear on the Street

Ear on the StreetFrom April 21 2009:

Genesis Land Development (GDC : TSX : $0.99)
2008 financial statements still not filed
Desjardins Securities maintains a "buy", target of $3.00


An update about when the financial statements will be released would be nice.  Or the financials themselves!  Every day this thing is halted is a bad day for shareholders.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities