GDI: GDInc.Custom Built Homes to Sim Rentals |
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| Total shares: 800,000 | |
Company Info
Company Tagline: Custom Built Homes to Sim Rentals
CEO's RL/SL Name: (SL:Telexa Gabardini)
CEO's Real Life Location: New Jersey, USA 
CEO's Email: telexa@hotmail.com
Directors, Company Officers
CEO Telexa Gabardini
CFO Ddragon Dratman
NED Sienna Bellios
Cash On Hand: 1,500,000
Land Owned: 3,211,776
Tangible Assets: 17,900,000
Monthly Revenue: 3,050,000
Monthly Expenses: 2,880,000
Who is GDInc.?: GDInc. has been in business in Second Life since 2008. What started as just one sim to have fun on, quickly turned into a full time business. Most sims we own are used for residential custom built homes, for the tenants. We do own a few commercial sims that house main store for some of Second Life's top designers, as well as one of the fastest growing clubs.For some time now due to Second Life land economics, we have scaled back our growth of purchasing sims. We are not against growth of future purchases though as long as they would be purchased at a fair price. We continually maintain a occupancy in excess of 90% and most of the year reach 100%. Often throughout the year we update our sims to new content, that most definitely appeals to our residents.
GDI has traded on VSTEX since October of 2008, and did perform a 1for 10 stock split in June 2010.
Telexa Gabardini
CEO
GDInc.
Business Overview
The core of the business is custom built resident rentals. A great deal of our islands are high end builds with established residents who want something more then the average plot. Our prices are comparable to the market, however we tend to rent to more established residents with increased budgets. Most of the rentals are in the $3000-6000 a week range. We do provide a few smaller rentals, but turnover is a problem with low prim low cost rentals. That is not what we strived for and has been proven to be a wise decision. We continually have a 90% or more occupancy average.
Business Strengths
Extremely low turnover, comparative pricing, attention to detail, and having 24/7 support for our tenants. We strive to give our tenants what they want in a rental.
GD Inc. business plan is simple. We continue to provide solid income through land sales and tier fees, from our customers and residents. Reasonable fees, and 24/7 customer service along with our dedication to eye appealing islands and absolute care to the healthy running of the islands is what keeps people coming to us and is the real key to our success thus far. We have smaller sources of income through our various stores, but the main source it through our rental fees. GD Inc. has and will maintain a low overhead to maximize profits. Expansion into other business and or land areas will only be done if it will benefit the profitability of the company with as little risk as possible. Currently we own and or operate 49 islands with plans for expansion.
Use Of Capital
Investment capital is used to purchase additional islands for development, rentals and sales. Land is either then sold outright for a profit or sold on a rent to own to the customer. Additionaly we retain land to use strictly as rentals for homes as well as businesses.
Dividend Policy
We have paid two dividens for a total of $.50 for the 1st quarter, $.30 for second quarter, $.27 for the 3rd quarter. We will strive to maintain at least a $.25 per share per quarter dividend through the year of 2011. In three quarters we have paid a total of $1.07 per share.
Risk Factors
This is a low to almost no risk investment. Funds to purchase islands are obtained either by no-interest loans from the CEO, income from tiers and rents, or by sales of stock. However, our largest risk is the complete shut down of Second Life.
Management
CEO Telexa Gabardini
CFO Ddragon Dratman
NED Sienna Bellios







