Global Realty Development Corp. (GRLY.OB) Share Prices Close up 28.57%
GRLY.OB shares closed at the High-Of-Day, trading over 17,000 shares. Since last week, share prices have steadily increased from $0.17, which is a 59% increase in share price.
On the 10th of this month, the company filed its quarterly report detailing generated revenues of $1,872,856. The report also stated significantly decreased expenses as they decreased from $1,864,705 for the three months ended June 30, 2006 to $937,105 for the same period ended this year.
The company’s main mission is to maximize shareholder value by acquiring companies in the entertainment and gaming industries. Current activities of the Company and its consolidated subsidiaries include: obtaining zoning and other entitlements for land it owns or controls, and improving the land for commercial and residential development by building roads, putting in utilities, and subdividing the land.
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