Metrospaces Announces Execution of Acquisition of “Ikal Lodge and Winery” Real Estate Project in \ Mendoza, Argentina for $4.5 Million
For a link to the “IKAL LODGE AND WINERY” project:
For a link to our 3 hotel projects currently underway:
Metrospaces http://www.metrospaces.net is a publicly traded real estate investment and Development Company which acquires land, designs, builds, and develops then resells condominiums and Luxury High-End Hotels, principally in urban areas of Latin America. The company’s current projects are located in Buenos Aires, Argentina, and Caracas, Venezuela. It is operated by an elite group of real estate professionals and entrepreneurs located around the world. Company shareholders have extensive careers in real estate financing worldwide, and have funded projects both in the America’s and across Europe valued in excess of US $350Million.
Six years ago Metrospaces shareholders saw a unique opportunity to participate in several exciting property markets around the world. Through their world-wide network of highly recognized real estate entrepreneurs, the company was able to capitalize on unique real estate development opportunities. Since Inception the company has leveraged those relationships along with extensive financial expertise and transformed excellence by results.
Metrospaces is a boutique real estate development company, a product of the alliance of Metrospace shareholders, along with an elite group of real estate professionals and entrepreneurs located around the world. Company shareholders have extensive careers in real estate financing worldwide, and have funded projects both in the America’s and across Europe valued in excess of US $350Million.
Metrospaces’ majority shareholders has partnered with Investors on Elite properties including The London BLVGARI 5 Star Hotel, and is currently involved in negotiations for the development of several Elite luxury properties in South America.
Among Metrospace partners are Architects, Real Estate Developers, Agents and Attorneys of the highest standing, with extensive experience in the global property market.
Metrospaces was originally founded by company President Oscar Brito.
One of the first indicators I look for when searching for a play is the RSI, The Relative Strength Index.
MSPC RSI is located at 42.09. I have been watching that number for the last 10 days and it was slowly but surely heading towards the 30.
This is very important because the closer a play gets to 30 the more the play is getting oversold and therefore a bounce back is very imminent. To balance the oversold stats, a play could attract more buyers and this is when MSPC will rise to new highs.
You Need To Get On It Early
MSPC has a microscopic float of a little over 250k. With the lessons I sent you when you first subscribed to my newsletter, you know very well the meaning of this: A LOT OF ACTION AT THE BELL.
This is why it is very important for you to act fast in order to maximize your upside window.
The Current Level: MSPC is currently trading a little above its support level making it a good candidate for an uptrend movement.
MACD: The MA (50) is slowly pushing up which is a bullish signal heading into the next trading sessions.
Now you know about the settings behind MSPC but what about the company behind this play?
MSPC The Company
The company engages in residential and and hotel development in emerging markets, with a particular focus in Latin America.
Metrospaces is currently developing 2 hotel projects and has recently sold both equity stakes in 2 residential projects. The company currently has projects in Argentina and Venezuela and is currently looking at other hotel and residential opportunities in Colombia, Peru and Brazil.
Please follow our blog
InvestorNewsSource.com is owned and Operated by Investor News Source Consulting, LLC, a full-service Financial Communications and Investor Relations Firm that specializes in maximizing investor awareness for publicly traded companies. Investor News Source monitors the markets for day trading and swing trading signals on NASDAQ, AMEX, NYSE, OTCBB, and Pink Sheet companies for its subscribers. InvestorNewsSource.com offers a free e-newsletter, which includes the added advantage of receiving detailed trading reports to each subscriber. Timing is everything when trading Penny Stocks. Subscribe to the http://www.InvestorNewsSource.com newsletter and start receiving daily alerts Subscribe Here: http://www.InvestorNewsSource.com/
Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. INS Consulting which owns http://www.InvestorNewsSource.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. MSPC- Investor News Source has been compensated a total of $20,000 by non affiliate third party for continued market awareness and content creation services on MSPC. INS Consulting which owns http://www.InvestorNewsSource.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice.INS Consulting which owns http://www.InvestorNewsSource.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.