MondayMay 07, 2007 4:58 am
Stock prices for Victoria Industries (OTCBB: VIIN) rose today after the company announced it would pursue real estate development in Russia. According to a press release sent out late Monday afternoon, Victoria Industries will be exploring the growth revenue potentials of the Russian real estate sector sometime in 2007, beginning first with the Siberian and Ural locations and then moving outward. At this point, the company has already started “evaluating various real estate investment opportunities,” and may enter a transaction later this year. This news comes as little surprise. Victoria Industries is already well-known as trader in lumber and timber,…
Continue Reading