SOCResources Inc. Stock Analysis SOC.PM

SOCResources, Inc. is a holding company, which engages in the investment, ownership, and acquisition of real and personal properties. The firm is primarily engaged in oil exploration. The company has investments in real estate, steel fabrication, banking, telecommunications and energy exploration. The firm is engaged in various construction-related contracts for the Anala, Azalea and Althea Projects. The firm operates through two segments: real estate development and investment. The real estate development segment is engaged in the real estate business. The investment segment pertains to the activities of the Company as a holding entity. The firm has two subsidiaries, SOC Land Development Corporation (SOC Land), and SOCBluemoon, Inc. (SOCBluemoon).