RE:Segment of the NRmaybe you don't look very close. They have only three completed projects since 2010 totalling 148 sold units. Nothing since 2018. That means a total of 13 units a year for 11 years. Wow isn't that something lol.Also if you look at the product designs I suspect there might be agreement that they are not stellar by any stretch.
Currently they have three projects listed. 1 totalling 22 units in Burnaby which is sold out so unless they want to take a loss of margin this will mean an after sale upgrade offering only.
Second project of 21 units and the link on their website doesn't work. Bush league
Third project is a 196 unit apartment building that has no link to it at all.
Unless they have a pipeline of unannounced activity there does not seem to be much to this. Any business is good business to a young company but this announcement does not have much to add as a value proposition.
This deal is like getting shelf space at the local gas station. Don't mean to be harsh but let's have some realistic interpretations about news releases once in awhile.