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Re: Enterprising Investor post# 224

Thursday, 08/20/2015 10:56:17 AM

Thursday, August 20, 2015 10:56:17 AM

Post# of 865
Real Estate Valuation

On July 31, 2015, the Company through its Delaware subsidiary, USA Equities Trust, Inc., completed an Asset Purchase Agreement with an unaffiliated third party, Green US Builders, Inc., a Delaware corporation (the "Seller") for the purchase of a mixed-used investment property located in Bridgeport, CT (the "Property") consisting of five retail stores and five apartments. In consideration for the Property, the Company issued 2,400,000 restricted shares valued at $0.50 for a total of $1,200,000 to the Seller. To date, the control shares of the subsidiary have not been issued.


http://www.sec.gov/Archives/edgar/data/856984/000129534515000236/maba06302015.htm

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