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JZZ Technologies, Inc. Subsidiary LION Development Group LLC Signs Agreements for over $1.2 million in Construction and Development Projects in South Carolina
JZZI | 13 minutes ago
Anderson, South Carolina--(Newsfile Corp. - October 6, 2022) - JZZ Technologies Inc. (OTC PINK: JZZI) ("JZZ" or the "Company"), a diversified company developing digital media, biotechnology acquisitions related to human life, and real estate development projects, and its new wholly-owned subsidiary LION Development Group LLC ("LION") - a rapid growth development and construction company focused on residential and commercial projects - have signed agreements on over $1.2 million in development and construction projects in South Carolina.
The projects are comprised of residential construction and renovation projects that are slated for completion over the next six-to-nine-month period. All of the projects are located in South Carolina in areas where LION has successfully developed many similar projects over the past 30 years.
Charles Cardona, CEO and Chairman of JZZ Technologies, Inc. states, "These project agreements signed by LION as part of JZZ Technologies are a good indicator of things to come. Based on contracts under negotiation, we expect to generate over $2 million in revenue over the next 12-18 months from our efforts in the residential development market. We also expect to expand our Active Lifestyle Development division significantly as we seek out other acquisitions in property and construction development."
South Carolina is being recognized as one of the best real estate growth markets in the US, mainly due to migration by homeowners fleeing high tax, high regulation, and high crime regions. Home prices in South-Carolina were up 13.2% year-over-year in August 2022. At the same time, the number of homes sold fell 12.8% and the number of homes for sale fell 3.7% according to real estate figures from Redfin.
About LION Development Group LLC
Based in South Carolina, LION Development Group and its founders have over 30 years of combined experience in the acquisition, development, and management of residential and commercial properties in South Carolina, North Carolina, Florida, and Georgia. LION has successfully completed dozens of real estate projects in these regions over the past three decades and holds a reputation for excellence in the communities that it serves.
About JZZ Technologies, Inc.
JZZ Technologies, Inc. is a diversified company engaged in several business sectors. Its Active Lifestyle Digital media business includes online media and apps (activelifestylemedia.com), content creation, and digital marketing, targeted to active adults 55+. Its strategic biotechnology and bioscience related to Human Life Extension seeks opportunities in quality-of-life businesses that support the aging population, and its Active Lifestyle Development division acquires, manages, and operates commercial and residential real estate and housing development projects. For more information, please visit www.jzztechnologies.com.
Press Contacts:
JZZ Technologies, Inc.
Charles Cardona, CEO
ccardona@jzztechnologies.com
DISCLAIMER and FORWARD-LOOKING STATEMENTS
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the Company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; and the volatility of the Company's operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the Company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/139732
Just out, in the press. New real estate project in North Carolina for the company! People will understand this. Go JZZ! 1.2M dollar project, with over 2M in revenue projected!!! Good opener.
https://stockhouse.com/news/press-releases/2022/10/06/jzz-technologies-inc-subsidiary-lion-development-group-llc-signs-agreements-for
Wow, this is great to see in my opinion. It really fits the Active Lifestyle portfolio and with all the marketing materials they have for that group, it seems like a slam dunk. Seeing the company diversifying into a space that is tested and true with an eye for a targeted group like seniors. Duh! They have all the money:) This is easy.
IMHO GLTA!!
I concur!! $JZZI
Will take a look. Tnx
Will be grabbing today! I like their business model and they are definitely operating in a large market (seniors)! JZZI
JZZ Technologies, Inc. is a diversified technology company engaged in the following three distinct business sectors: (i) its digital media business which includes online media and apps (activelifestylemedia.com), content creation, and digital marketing, targeted to active adults 55+, (ii) strategic biotechnology and bioscience related to Human Life Extension and (iii) Human Longevity that can be immediately leveraged to support improved quality of life for the senior population.
Senior living is a huge market! I wonder what the revenue is like. JZZI
“Thomas Hays, LION Development LLC president states, "This combination with JZZ will allow us to accelerate our growth and gain access to the robust senior market who are the bulk of the buyers, investors, and renters in our target areas."
Let’s goooooo JZZI ;) catch more DD in the AM
Gaps fill 99% of the time, question is the timing ;)
$JZZI
lol I like that, well said
$JZZI
Took a bit longer than expected it seems, but the chart does definitely point to an overdue reversal
$JZZI
Agreed. I think it’s most likely bottomed out here at these levels. Great opportunity to jump in for an entry
$JZZI
Might have to scoop a starter tomorrow if it holds here ;)
$JZZI
Definitely looks familiar! JZZI
I’ve seen it before, definitely possible. Especially with enough interest here and potentially a restructuring (but not needed)
$JZZI
Yeah! Definitely nice to see!! JZZI
Wow I just got done reading the LOI PR for that deal. JZZI mgmt seems like they really follow through on their expansion plans. Very rare in the OTC imo
$JZZI
The 3 year chart shows JZZI over $1!! Would be insane if it could run back that way!
This is the latest news from a couple days ago!
“JZZ Technologies, Inc. Launches New Real Estate Development Division with the Acquisition of LION Development Group LLC. of South Carolina
Press Release | 10/03/2022
Anderson, South Carolina--(Newsfile Corp. - October 3, 2022) - JZZ Technologies Inc.'s, ("JZZ" or the "Company") (OTC Pink: JZZI), has acquired LION Development Group LLC ("LION") of South Carolina as a first step toward building its new Active Lifestyle Development division, which will focus on acquiring and developing real estate and development projects, both residential and commercial.
Based in South Carolina, LION Development Group and its founders have over 30 years of combined experience in the acquisition, development, and management of residential and commercial properties in South Carolina, North Carolina, Florida, and Georgia. LION has successfully completed dozens of real estate projects in these regions over the past three decades and holds a reputation for excellence in the communities that it serves.
Through this new acquisition and other opportunities, JZZ and LION will engage in acquiring, developing, managing, marketing, and selling properties to people who are migrating from high regulation, high tax, and high crime states in favor of the destination sunbelt states. These states include Texas, South Carolina, North Carolina, Florida, and Georgia, and are rated as the top five destination states for highly mobile movers according to Forbes. In addition, these areas continue to have and are predicted to support strong housing and rental markets over the next five years as migration increases.
Many of the individuals who are seeking to relocate into new destination areas fall into JZZ's Active Lifestyle Media digital database that now numbers over 100 million records. The Company plans to use its full digital marketing suite and apply its capabilities to marketing for real estate and housing ventures, including those with LION. JZZ has already identified several medium-to-large scale opportunities, and through this acquisition will be able to fully develop and market properties.
Thomas Hays, LION Development LLC president states, "This combination with JZZ will allow us to accelerate our growth and gain access to the robust senior market who are the bulk of the buyers, investors, and renters in our target areas."
Charles Cardona, CEO and Chairman of JZZ Technologies, Inc. states, "The addition of Thomas Hayes and his team of development professionals to JZZ allows us to jump right into the real estate development sector with a legacy of excellence and a knowledgeable management team. We anticipate significant revenue growth through the projects that LION is bringing to the table. This acquisition opens the multibillion-dollar marketplace to our millions of subscribers."
"The South Carolina housing market alone is expected to grow by 10% over the next year, with the rental rates up more than 50%", Cardona adds. "This is exactly the kind of area where we can capitalize on the upside almost immediately with the potential to deliver above average shareholder value."
About JZZ Technologies, Inc.
JZZ Technologies, Inc. is a diversified company engaged in several business sectors. Its Active Lifestyle Digital media business includes online media and apps (activelifestylemedia.com), content creation, and digital marketing, targeted to active adults 55+. Its strategic biotechnology and bioscience related to Human Life Extension seeks opportunities in quality-of-life businesses that support the aging population, and its Active Lifestyle Development division acquires, manages, and operates commercial and residential real estate and housing development projects. For more information, please visit www.jzztechnologies.com.
Press Contacts:
JZZ Technologies, Inc.
Charles Cardona, CEO
ccardona@jzztechnologies.com
DISCLAIMER and FORWARD-LOOKING STATEMENTS
Certain statements contained herein are "forward-looking" statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the Company's business plans, the effect of acquisitions on our profitability, the effectiveness, profitability, and the marketability of the Company's products; the Company's ability to protect its proprietary information; general economic and business conditions; and the volatility of the Company's operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the Company and the industry. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.”
Seems like you found this bottom bouncer right in good time. Any solid DD or developments that’ll bring me up to speed? :)
$JZZI
Interesting chart, seems JZZI has bottomed out and stabilized over here. Time to do some more DD :)
$JZZI
Deal valued at USD $4.5 million - TGI announced it was buying XR-LABS.io
Just the start of the upcoming string of acquisitions
$JZZI
Expands EXPOs reach to over 30+ million potential new users, which can translate to extra $$$. That’s huge
$JZZI
Next up ANOTHER AS increase or a R/S .... kinda doubt a R/S because they just got through with one a year or so ago. Hard to keep up with all the sleezy crap going on here at JIZZ
>>>DAMN! THE CEO MAXED OUT THE O/S AGAIN! THAT FRESH 1 BILLION AS INCREASE IS USED UP! LOL!!!!<<< lol .... damn, he set a record but not a good one
WHOOAA! Guess those hundreds of millions of shares are coming off restriction! LOL! Now the real pain begins!
read the disclosures - friends and family have received hundreds of millions of shares for "consulting". This turd was cleared up about a year ago and the ceo has wasted not time in ramping the OS up to 1.8 BILLION shares. There is no value to "share holders" here. Look at any of the websites, there is nothing there but a canned site. They look good but there is no functionality. Prove me wrong ... Can money be made? watch the trade groups - get in and out. And that window of making great gains has closed, there will be some minor pumps and then its lights out for this pile of crap IMO. I have been right every single time ....
How much has gone to the family? I don't have those numbers. But I do think the stock has a great chance to lift easily allowing shareholders to do well. All these leads that they company is picking up do equate to a lot of value for the company. I expect they will be monetized. There in lies the short term benefit.
IMHO GLTA.
Only thing growing here is the O/S. It's fricking obscene how much dilution has went to "consulting" within the family. Make no mistake about it, this is just a personal ATM that treats traders/investors like that bag people in the park use to collect their dogs turds in. Yes, its that bad
New Release!
https://www.nasdaq.com/press-release/jzz-technologies-inc.-adds-28-million-healthcare-products-consumer-records-to-its
Company is growing their asset base with top notch leads. $$$$
Like it.
IMHO GLTQ
Monster Dilution. Hundreds of millions of shares about to be unrestricted ...
JZZ Technologies, Inc. and TGI Subsidiary AdventGalaxy Form Metaverse-Based Media Platform Joint Venture
https://www.otcmarkets.com/stock/JZZI/news/JZZ-Technologies-Inc-and-TGI-Subsidiary-AdventGalaxy-Form-Metaverse-Based-Media-Platform-Joint-Venture?id=372122
Anderson, South Carolina--(Newsfile Corp. - September 12, 2022) - Active Lifestyle Media parent company JZZ Technologies Inc., ("JZZ" or the "Company") (OTC: JZZI), and AdventGalaxy, a wholly owned subsidiary of TGI Solar Power Group, Inc. (OTC: TSPG) ("TGI"), have entered into a Joint Venture agreement to form a metaverse-based media platform.
The new venture, deemed XR Active Lifestyles, will share content, data and marketing opportunities which will be jointly managed by the two companies. TGI and JZZ each will own half of the new venture and share revenue on a 50/50 basis.
Based in Florida, with locations in New York and New Jersey, ADVENT EXPO™ is a 3D/VR/AR/XR digital community being developed as a central meeting place and hub for important social interactions between people of different backgrounds and age groups, including active individuals. ADVENT EXPO™ is owned and operated by AdventGalaxy.
This new JV will effectively increase the portfolio of total owned brands and increase their reach domestically and internationally. The total combined databases shared by the two companies will incorporate over 50 million user records.
The JV between the two companies aims to develop a galaxy that will serve the audiences for Active LifeStyle Media's other digital properties in the metaverse and connect them to ADVENT EXPO's growing universe of digital experiences including 3D/VR/AR/XR. This new platform is expected in turn to broaden the reach across conferences, magazines, events, digital content/metaverse and data services.
The metaverse is widely defined as an integrated network of 3D virtual worlds. The 3D/VR/AR/XR spaces all use forms of virtual technology to share content across different platforms including mobile devices, computers, TVs, and virtual reality devices.
A galaxy is a type of world or environment within the metaverse themed around elements such as a geographic location or an event like a concert, tradeshow, game world, or other real or imagined space. No single platform holds exclusive access or ownership to metaverse properties which are connected by the digital backbone of the internet.
The underlying technology of this platform allows for merchants, consumers, and large enterprises to be replaced by a virtual EXPO in the metaverse. ADVENT EXPO™ will cater to B2C+B2B+B2E=B2X, or simply stated, B2All. As envisioned, the new galaxies will provide everything from entertainment and gaming zones to meeting and interacting with friends at a virtual coffee shop or conducting business in co-working spaces without having to leave home.
Henry Val, CEO of TGI, stated, "The xractivelifestyles.com platform is clearly aligned with the ADVENT EXPO™ strategy and in its mission to create content that connects with market leading titles. This JV supports our strategy of growth organically and through acquisition, global expansion, and revenue diversification."
Charles Cardona, CEO of JZZ Technologies, Inc. added, "Active Lifestyles new digital team's expertise in engaging business decision makers and providing solutions to sellers around the globe - through events, digital content, and marketing services - complements both of our capabilities. This creates a unique platform with an exciting growth trajectory."
The JV expands EXPO's reach into the US market, to an additional database of 30+ million former, current, and future users and enhances its position in wellness, fitness, music, fashion, business, consumer goods and other areas. In addition, the JV brings B2B titles in the complementary verticals of Active Lifestyles' portfolio of products, which are expected to increase ADVENT EXPO's diversification model.
The new Joint Venture follows just weeks after TGI announced that it was buying XR-LABS.io in a deal valued at USD $4.5 million.
Hope you boys took the profits ;)
JZzI next reg sho cover next week or 2 ;)
$JZZI - setting up for INTRADAY leg #2 ! ~imo
$JZZI - where did all the bids go. Let's go smack it!
$JZZI - float is only - 651,971,788 - shares! This is tiny!
$JZZI - NHOD $0.00235!! NHOD coming baby!!!!
$JZZI NEWWWWSSSSSSSSSS!!!!! - JZZ Technologies, Inc. and TGI Subsidiary AdventGalaxy Form Metaverse-Based Media Platform Joint Venture
https://www.otcmarkets.com/stock/JZZI/news/JZZ-Technologies-Inc-and-TGI-Subsidiary-AdventGalaxy-Form-Metaverse-Based-Media-Platform-Joint-Venture?id=372122
Anderson, South Carolina--(Newsfile Corp. - September 12, 2022) - Active Lifestyle Media parent company JZZ Technologies Inc., ("JZZ" or the "Company") (OTC: JZZI), and AdventGalaxy, a wholly owned subsidiary of TGI Solar Power Group, Inc. (OTC: TSPG) ("TGI"), have entered into a Joint Venture agreement to form a metaverse-based media platform.
The new venture, deemed XR Active Lifestyles, will share content, data and marketing opportunities which will be jointly managed by the two companies. TGI and JZZ each will own half of the new venture and share revenue on a 50/50 basis.
Based in Florida, with locations in New York and New Jersey, ADVENT EXPO™ is a 3D/VR/AR/XR digital community being developed as a central meeting place and hub for important social interactions between people of different backgrounds and age groups, including active individuals. ADVENT EXPO™ is owned and operated by AdventGalaxy.
This new JV will effectively increase the portfolio of total owned brands and increase their reach domestically and internationally. The total combined databases shared by the two companies will incorporate over 50 million user records.
The JV between the two companies aims to develop a galaxy that will serve the audiences for Active LifeStyle Media's other digital properties in the metaverse and connect them to ADVENT EXPO's growing universe of digital experiences including 3D/VR/AR/XR. This new platform is expected in turn to broaden the reach across conferences, magazines, events, digital content/metaverse and data services.
The metaverse is widely defined as an integrated network of 3D virtual worlds. The 3D/VR/AR/XR spaces all use forms of virtual technology to share content across different platforms including mobile devices, computers, TVs, and virtual reality devices.
A galaxy is a type of world or environment within the metaverse themed around elements such as a geographic location or an event like a concert, tradeshow, game world, or other real or imagined space. No single platform holds exclusive access or ownership to metaverse properties which are connected by the digital backbone of the internet.
The underlying technology of this platform allows for merchants, consumers, and large enterprises to be replaced by a virtual EXPO in the metaverse. ADVENT EXPO™ will cater to B2C+B2B+B2E=B2X, or simply stated, B2All. As envisioned, the new galaxies will provide everything from entertainment and gaming zones to meeting and interacting with friends at a virtual coffee shop or conducting business in co-working spaces without having to leave home.
Henry Val, CEO of TGI, stated, "The xractivelifestyles.com platform is clearly aligned with the ADVENT EXPO™ strategy and in its mission to create content that connects with market leading titles. This JV supports our strategy of growth organically and through acquisition, global expansion, and revenue diversification."
Charles Cardona, CEO of JZZ Technologies, Inc. added, "Active Lifestyles new digital team's expertise in engaging business decision makers and providing solutions to sellers around the globe - through events, digital content, and marketing services - complements both of our capabilities. This creates a unique platform with an exciting growth trajectory."
The JV expands EXPO's reach into the US market, to an additional database of 30+ million former, current, and future users and enhances its position in wellness, fitness, music, fashion, business, consumer goods and other areas. In addition, the JV brings B2B titles in the complementary verticals of Active Lifestyles' portfolio of products, which are expected to increase ADVENT EXPO's diversification model.
The new Joint Venture follows just weeks after TGI announced that it was buying XR-LABS.io in a deal valued at USD $4.5 million.
$JZZI - NEWS!!!!!!!!! The new Joint Venture follows just weeks after TGI announced that it was buying XR-LABS.io in a deal valued at USD $4.5 million.
$JZZI - booooooooooooom!!!!!!!!!!!!
They are about to dump another 400 million. There is not a pump group out there that get this bleeding pig off the floor. Good luck!
https://www.otcmarkets.com/stock/JZZI/security
$JZZI - this thing is super thin! FLOAT = Held at DTC 651,971,788 09/07/2022
$JZZI - not bad! 21M bid at $0.0013 !!!!!!
Oh boy, what a gem! Looks like all those LOI's are really coming through! $JIZZ!
MORE NEWS TODAY! ANOTHER 400 MILLION ADDED TO THE OS! lol ... the real pain is coming. 100% assured down to .0001 this goes. Will he do another AS increase? Possible. Very doubtful a RS will be approved. I am guessing it goes dark after this is fully diluted to new AS 2.5 BILLION. He wasted no time getting those fresh shares printed!
I am waiting on apologies, what did I say on July 25th?
LMAO! and this entire time I thought that was egg whites on the face of JZZI shareholders.
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