Jan 15th 2012, 21:39 GDI GDInc.
by Telexa Gabardini
GDI 4th Quarter Financial Report
Greetings Shareholders,As you know during the 4th quarter GDI performed a SPO. Although this SPO did not sell out, during the SPO I took the initiative and advantage of Linden's sim sale of a cost of just tier. GDI acquired 4 sims during this event and also acquired an additional 2 more sims since. All additonal sims that were purchased as an on demand basis, meaning they had tenants requesting them and have been rented since purchase. These request came mostly from existing tenants, and once possession of the new sims were in place this left quite a few current properties vacant. I took this time to update these properties with new builds, with more current content, and have now re-rented most of them at higher profit then once were receiving from the past tenants. I still do have a few more properties that need to be finished but expect to have completion in the coming days and they will be ready for rentals.
This years 4th Quarter profit is up over 682% over the 4th quarter of 2010. The company's asset value is up over 13% form 4th quarter 2010. The book value of the shares is up 32% since last years 4th quarter. Salaries have remained the same for the year and there is no plan to raise them in the future. As GDI moves into its 4th year of business we have remain a profitable business model, even through dificult financial times.
Regards
CEO GDI
Telexa Gabardini
Below is an excerpt of the financials, as well as a link to a more detailed page for your viewing.
https://docs.google.com/spreadsheet/ccc?key=0Alef090Et44UdGVQRXlsS0VsVWFHdks2a2ZZdXgwOVE
Company Assets: $17,973,752.36
Total Revenues: $9,238,648.62
Total Expenses: $8,721,027.00
Retained Earnings: $355,753.49
Outstanding Shares: 800,00
Market Price: $5.49 (12/31/2011)
Earnings per share: 2.59
Cash earnings per share: 1.78
Price/Earning ratio: 2.12
Book Value per share: $22.47






