Dunes Hotels & Casinos Inc (DUNEP/DUNEP.PK) Wrap Up:

Dunes Hotels & Casinos, Inc., through its subsidiaries, operates in three segments: real estate, grain drying and storage, and distressed assets. The real estate segment engages in the development and sale of residential lots and rental of agricultural land. It developed approximately 50 acres of residential land located at Rancho Murieta, California as a residential planned unit development known as The Fairways and owns 150 acres of agricultural property called Sam Hamburg Farm. The grain drying and storage segment dries harvested rice over a two-month period and stores, for a fee, the dried rice or other grains. The company intends to acquire distressed real estate for the purpose of deve...