stockfan100
4 년 전
Going back to 0.5 is only going to happen in Fantasyland.
Watch and learn what these are going to do to stock price when these projects are in place.
On September 30, 2020, the Company acquired 99% of the membership interest in each of the following entities
1)
126 Villita, LLC which is developing St. Mary’s Tower in San Antonio, Bexar County, Texas, a 24-story building with steel frame, stucco and glass exterior, with a flat roof; the building, when completed, will have 186,500 net rentable square feet with level 1 for office space, levels 2-6 for parking, level 7 for a pool and social deck, and levels 8-24 including 250 residential units. The building is located on a 0.492-acre tract of land in the city of San Antonio. The budget for the development is $62,100,000.
2)
D4AVEG, LLC is developing 280 housing units consisting of 238,968 square feet on 21.68 acres located in Winter Haven, Polk County, Florida. The development budget is $40,770,000 as a non-HUD, multifamily project.
3)
D4KL, LLC is developing 226 housing units on 16.17 acres of land located in Killeen, Texas. The development budget is $46,900,000.
4)
Mansions Apartments at Marine Creek LLC is developing 638 housing units on a 54.166-acre tract of land located in Tarrant County, Texas. Construction is in three separate phases, and in each phase, the development budget is approximately $42,000,000.
5)
Ridgeview Additions LLC is a land development project on a 15.004-acre tract of land located in Venus, Johnson County, Texas, which ultimately will create 54 lots, with an average lot size of 56 feet by 108 feet, for an expected sale price of $955 per front foot ($53,480 per lot).
6)
Villita Towers LLC is developing 226 multifamily housing units on a 0.35-acre tract of land in San Antonio, Bexar County, Texas, with an estimated loan component of $66,000,000.
All of the foregoing items are in varying stages of development.
stockfan100
4 년 전
Freeze killed them? LOL...How can a few days of freeze "kill" $250 million dollars land/construction asset? LOL
Only in Fantasyland this $250 million dollar asset company's share price will go to 50 cents again.
"On September 30, 2020, the Company acquired 99% of the membership interest in each of the following entities
126 Villita, LLC which is developing St. Mary’s Tower in San Antonio, Bexar County, Texas, a 24-story building with steel frame, stucco and glass exterior, with a flat roof; the building, when completed, will have 186,500 net rentable square feet with level 1 for office space, levels 2-6 for parking, level 7 for a pool and social deck, and levels 8-24 including 250 residential units. The building is located on a 0.492-acre tract of land in the city of San Antonio. The budget for the development is $62,100,000.
D4AVEG, LLC is developing 280 housing units consisting of 238,968 square feet on 21.68 acres located in Winter Haven, Polk County, Florida. The development budget is $40,770,000 as a non-HUD, multifamily project.
D4KL, LLC is developing 226 housing units on 16.17 acres of land located in Killeen, Texas. The development budget is $46,900,000.
Mansions Apartments at Marine Creek LLC is developing 638 housing units on a 54.166-acre tract of land located in Tarrant County, Texas. Construction is in three separate phases, and in each phase, the development budget is approximately $42,000,000.
Ridgeview Additions LLC is a land development project on a 15.004-acre tract of land located in Venus, Johnson County, Texas, which ultimately will create 54 lots, with an average lot size of 56 feet by 108 feet, for an expected sale price of $955 per front foot ($53,480 per lot).
Villita Towers LLC is developing 226 multifamily housing units on a 0.35-acre tract of land in San Antonio, Bexar County, Texas, with an estimated loan component of $66,000,000.
All of the foregoing items are in varying stages of development.
Summary
Carnegie Development partners and invests in long term value that enhances communities and generates wealth. With a strategic balance in ownership and operations of four major real estate sectors, Carnegie Development has projects and holdings in the sectors of Ultra Luxury Hospitality, Multifamily and Single Family developments, and horizontal development of Raw Land.
We acquire high quality assets on a value basis and drive investment performance through dynamic and innovative operations. With a track record of developing and acquiring real estate in the best performing U.S. markets, we’re able to deliver risk-adjusted returns to shareholders. Our leadership position is embedded in building value for the long term."
https://www.carnegie-development.com/
stockfan100
4 년 전
Carnegie Development Company NEWS...
About $250 MILLION dollars of ASSET!
"On September 30, 2020, the Company acquired 99% of the membership interest in each of the following entities
126 Villita, LLC which is developing St. Mary’s Tower in San Antonio, Bexar County, Texas, a 24-story building with steel frame, stucco and glass exterior, with a flat roof; the building, when completed, will have 186,500 net rentable square feet with level 1 for office space, levels 2-6 for parking, level 7 for a pool and social deck, and levels 8-24 including 250 residential units. The building is located on a 0.492-acre tract of land in the city of San Antonio. The budget for the development is $62,100,000.
D4AVEG, LLC is developing 280 housing units consisting of 238,968 square feet on 21.68 acres located in Winter Haven, Polk County, Florida. The development budget is $40,770,000 as a non-HUD, multifamily project.
D4KL, LLC is developing 226 housing units on 16.17 acres of land located in Killeen, Texas. The development budget is $46,900,000.
Mansions Apartments at Marine Creek LLC is developing 638 housing units on a 54.166-acre tract of land located in Tarrant County, Texas. Construction is in three separate phases, and in each phase, the development budget is approximately $42,000,000.
Ridgeview Additions LLC is a land development project on a 15.004-acre tract of land located in Venus, Johnson County, Texas, which ultimately will create 54 lots, with an average lot size of 56 feet by 108 feet, for an expected sale price of $955 per front foot ($53,480 per lot).
Villita Towers LLC is developing 226 multifamily housing units on a 0.35-acre tract of land in San Antonio, Bexar County, Texas, with an estimated loan component of $66,000,000.
All of the foregoing items are in varying stages of development.
Summary
Carnegie Development partners and invests in long term value that enhances communities and generates wealth. With a strategic balance in ownership and operations of four major real estate sectors, Carnegie Development has projects and holdings in the sectors of Ultra Luxury Hospitality, Multifamily and Single Family developments, and horizontal development of Raw Land.
We acquire high quality assets on a value basis and drive investment performance through dynamic and innovative operations. With a track record of developing and acquiring real estate in the best performing U.S. markets, we’re able to deliver risk-adjusted returns to shareholders. Our leadership position is embedded in building value for the long term."
https://www.carnegie-development.com/
stockfan100
4 년 전
CDJM will never see 0.5 again. Price went down to 0.5 on selling a small number of shares probably by a shareholder that didn't or couldn't wait for proper transition from the old business/management to the current one. And, the price went back up again.
With hundreds of millions of dollars of ASSET that has transparently announced by the new business mondel (showed on iBox too), the stock price will go up over time when all company's docks are in a row.
There are some private placements in which investors cannot sell their shares until June 2021 (a few months from now) and not under $4 dollars.
So, I am expecting some good busines news coming out within the next few months. AIMO
********************
From Quarterly Report For the Period Ending: 30th September 2020 (the “Reporting Period”)
As of 7 th November 2020, the number of shares outstanding of our Common Stock was: 46,203,716
As of 30th September 2020, the number of shares outstanding of our Common Stock was: 46,203,716
As of 30th June 2020, the number of shares outstanding of our Common Stock was: 46,203,716
As of 30th September 2019, the number of shares outstanding of our Common Stock was: 46,203,716
As of 31st December 2019, the number of shares outstanding of our Common Stock was: 46,203,716
"The Series I Cumulative Convertible Preferred Stock is convertible into shares of common stock at the conversion price and at the option of the holders, either in whole or in part commencing the first business day after 30th June 2021. [7] Conversion Price: The amount obtained by multiplying (i) 0.9 by (ii) the simple average of the daily closing price of the common stock for the 20 business days ending on the last business day of the calendar week immediately preceding the date of conversion, provided however the conversion price shall not be less than $4"