BDVR - Blue Diamond Virtual REIT Approved For IPO
ROBO Marx's BDVR venture has been given approval for its IPO plans. Out of a total issue of 1 million shares, 400,000 will be offered for sale to the public at 1 L$ each. Funds raised will go to expanding BDVR's existing mainland land portfolio from 8000 square meters to 32,000 square meters, with additional funds held in reserve in interest bearing instruments for expenses such as tier, etc. BDVR has been in operation for some time and ROBO Marx is a recognised and established businessman in the SL community. His RL identity and contact information have been provided. This IPO is deemed to be relatively low risk, so only 5% of IPO funds will be held in escrow following completion of IPO, for three months.
IPO Sales will commence at 12:00 Noon, SLT, Friday, November 16th.
visit out webite for land sales @
www.bluediamondvirtual.info