Oct 16th 2011, 17:27 GDI GDInc.
by Telexa Gabardini
GDI Proposed SPOGreetings all,
I will keep this post short and just copy to you the exact SPO application that was submitted to CERC for approval. Please feel free to post any comments or questions here in this thread.
I would like to release 150,000 of my current shares out to a SPO. I'd like to create a working capital that i can pull from should the opportunity present it's self for more profits for GDI. The winter months has always resulted in a higher demand for land. Along with the shift of people moving from sim ownership to renting i feel this is a good opportunity for GDI and a great time to take advantage of the low price sims that come on to the secondary market daily. This SPO would provide GDI with approximately $4000 USD of capital for the purchase of new sims. Sims are selling on the secondary market for $150-300 USD with one to 3 weeks tier paid on them. I am able to take immediate transfer of sims purchased, and would only purchase on demand. Depending on the purchase price of the sim GDI could expect to increase its sim holdings by 12-24 sims. This would result in an additional $400,000 -800,000L per month in profits, once all capital has been expended.