|
[posting]33832673[/posting]GLCP: A Letter to our Shareholders There are a lot of exciting changes going on at Global Link Corp. In the past year, we were challenged with many different directions and opportunities. Our strength is the real estate market, so we chose to take advantage of what we do best. First we opened the Real Estate Gallerie, Ltd. This is a full service real estate company that is housed in our corporate office building. We welcome Camille Roncek-Dickson as our corporate broker. We are now a fully licensed and insured real estate company. We are actively recruiting experienced agents. We feel that this is the perfect time to put together an awesome team of real estate professionals that will be ready to strike hard as the market begins to grow. As the market has had a large share of casualties in the past couple of years, many agents have been looking for a strong company to work for. The same is true with title companies and mortgage companies. Unfortunately, when the market is headed downward, a lot of good, qualified people are left without jobs. With this trend in mind, we made the move to acquire Southwest Title Company. This is a unique company that has tremendous talent and experience. All of the title officers have such a high level of experience. As Southwest has been a tenant in our Sunset building for the past three years, we have had a wonderful opportunity to work together. Southwest title does not just bring us another company; they bring us an entire team of friends. I welcome everyone at Southwest Title Company to the Global Links family. Our next move will be to acquire a mortgage lender. With all three roles filled, we will be able to complete our goal of the one-stop shop in the real estate industry. The ability to refer business between each of our operations will give us a tremendous advantage. As all real estate agents know, there is nothing more frustrating that being held up by a lender or title company. With our unique relationship, we will all be working together We are in the final phase of our r-e-info project. This is a software foreclosure database that will be the most up-to-date information available. We are making this data available to the public for free because have a stronger plan to turn this project into a strong revenue base operation. Subscriptions would only slow us down. As you can see, all of the projects that we are working on are centered on the hub of real estate. We have listed our Kingman property with Coldwell Banker real estate. The sale of this property will bring us close to $10 million dollars. Approximately $5 million of this will be cash to the company along with the reduction of $5 million of property taxes from our books. We look forward to completing this transaction. We have been negotiating this sale with an interested buyer. We decided to list the property to bring more exposure in the event that this buyer cannot complete the deal. With the sale of our Kingman property, we look forward to completing our office complex, which hopefully we will need a lot more office space because of growth. We have a couple of other development projects in the works and are actively looking for some joint venture partners. Announcements will be coming soon on these developments. It is time that Global Links Corp. moves in an aggressive manner to capture our place in the public markets and the real estate markets. I look forward to sharing our progress with you. Very truly yours, Frank J. Dobrucki President/CEO Global Links Corp. |
|
| aus der Diskussion: | PENNYSTOCKS DAYTRADER USA |
| Autor (Datum des Eintrages): | Eisenherz1 (08.04.08 09:16:12) |
| Beitrag: | 90 von 704 (ID:33832854) |
| Alle Angaben ohne Gewähr © wallstreetONLINE | |