| Our business model is a very basic one, which may be
expanded both vertically and horizontally. Examples of
vertical integration would be to develop and manage income
properties in addition to the current practice of only
owning them. Examples of horizontal integration would be to sell and manage real estate owned by other parties. Since
income properties are excellent collateral for loans, the
introduction of financial leverage could be a very powerful
way to expand current activities. Also, the footprint of
current activities could be expanded through the acquisition
of additional land.
While all of the above activities are constantly under
review and subject to financial modeling, these examples are
provided to illustrate possibilities for expanding the
current business model and not to suggest which of the
activities will be adopted.
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