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.

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Genesis Land Development Corp > Rights Offering

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Comment by Malpeque2on Nov 12, 2021 8:42pm

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Post# 34122208

RE:RE:Rights Offering

Well.......they certainly are NOT working for the average shareholder like You or Me. THey are hoping like HELL you don't exercise your rights or sell them, or more likely live in a jurisdiction where the exercise of your rights is not possible, so that they can increase their pro-forma ownership of Genesis Land at a knock down price. A price they could OBVIOUSLY not get in the actual public market.

Everyone needs to exercise their rights to deny the insiders the ability to add more shares at $2.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?