Massively undervalued right now . Under the radar of most investors . Holding its recent gains . A few investments are /could be worth more than the current mkt cap . This is your way into Virtualstock before it lists . VS could reverse into LEG ?
If anyone can give me a negative view on this company please share .
Zafar Karim revived company in late 2010 . Negotiated down and satisfied obligations . Raised a small amount of working capital with minimal shareholder dilution . Reset the investment strategy . Commenced REVIVAL .
Legendary Investment's Investee Company VirtualStock Ltd
Virtual Stock wins Office Depot International as a customer for Germany, Austria, Switzerland and the entire Benelux region
Office Depot continues to develop its online distribution now also in Central Europe on virtual stock (BUSINESS WIRE) ( Munich ,12/12/2013) Office Depot and virtual stock strengthen its internationally successful partnership with the extension to the regions Benelux, Germany, Austria and Switzerland. Consistently pursue With the new decision for the virtual stock system "The Edge ™" Office Depot wants its online business and continue to grow.
Leg invested in Bosques at an early stage in 2010 . They currently have 11 ha under cultivation with 16,000 pongamia trees, 20,0000 jatropha plants and 3,000 castor plants .
As a comparison ,Alternative fuels America inc is at a similar stage of development to Bosques . It is smaller than Bosques with 40,000 jatropha plants (no others) on a 10 ha plantation in costs Rica . Alternative fuels America is listed on the OTC market in the US and has a mkt cap of $9m .
With successful research and innovation , Bosques is now seeking to plant out a pilot plantation of a FEW thousand ha , with the aim of going to SEVERAL thousand in the medium term .
Legendarys investment at a very early stage cost £100k and led to a 40% stake . The alternative fuels America mkt cap suggests that legendarys stake in Bosques could be valued around $3.2m or £2.1m which is greater than legendarys mkt cap .
On a long term basis , if Bosques achieves its plans , legendarys stake could be extremely valuable (Nandan Cleantec plc - mkt cap £83m) .
Legendary Investment Investee Company Regency Mines retains 10.37% stake in Red Rock:
11 December 2013 Red Rock Resources plc Exploration Update - New exploration targets identified Migori Project, SW Kenya
Red Rock Resources Plc ("Red Rock" or the "Company"), the mining and exploration company with a producing gold mine in Colombia, an iron ore project in Greenland and gold exploration in Kenya, announces progress on the Migori Project in SW Kenya (JORC 2004-compliant Indicated and Inferred Mineral Resources: 1.2Moz Au @ 1.26g/t Au), a project where Red Rock owns, controls or has options over approximately 47.3% of Mid Migori Mining Company Ltd ("Mid Migori"), the owner of the 2 special prospecting licences ("SPLs") which the company operates. Upon completion of a Bankable Feasibility Study ("BFS"), Red Rock will hold over 75% attributable interest in Mid Migori. .....
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.