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Author Topic: General Development Corp (GDC)  (Read 852 times)
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July 23, 2012, 02:02:13 PM

I have set up evaluation / assessment scripts that add up all of a Corp's assets, deduct its liabilities, and divide the result by the number of shares.

Their findings for General Development Corp (GDC) are that its net worth is 1305.39473684 DVC per share.

That is pretty good for a Corp that launched so recently at an initial offering price of 20 DVC per share.

Note that it is not the last traded price nor the lowest or highest or average traded price but simply an actual accounting of the assets held by the Corp and the liabilities of the Corp. Whether anyone who picked up its offering will part with any shares, and if so at what price, is entirely up to them.

Initially this Corp was mentioned in the DeVCorp thread; thanks are due to General Financial Corp for its essential help and contribution to GDC's setup, launch and success.


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