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Tuesday, November 28, 2017 9:09:01 AM
https://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=28437
Full Alliance Group, Inc. (OTCPK: FAGI), Announces Acquisition of
Grupo Richard
LOS ANGELES, California, November 28, 2017: Full Alliance Group,
Inc. (OTCPK: FAGI), a holding company, is pleased to announce that
after re-engaging Grupo Richard over the past several weeks, the
acquisition of all subsidiaries, technology and real estate holdings
associated with Grupo Richard was approved, at which point the
assets were transferred into escrow.
The assets which are now part of Full Alliance Group Inc., include an
extensive real estate portfolio professionally appraised with a net
equity of over $40 million dollars USD, and the companies listed
below:
• Operadora de Servicios GRMS de RI de CV
• Grupo Internacional Richard S de RI de CV
• Grupo Richard y Lange SAPI de CV SA de CV, and
• Asesores en Comercio ON de Mexico
Grupo Richard’s assets are diverse, with most prominent of which are
oceanfront and both urban and suburban real estate holdings. In
addition, holdings include retail, construction and POS banking
system.
FAGI executives are quite excited with the development potential of
these assets, and already had discussions with investors from Asia
and Central America prepared to assist with the growth of these new
subsidiaries.
Details about this acquisition and more can be found on the Full
Alliance web site. www.fullalliance.com
Sincerely,
Jacob Thomas
Chairman of the Board / CEO
ABOUT FULL ALLIANCE GROUP
Full Alliance Group Inc. is a multi-faceted company with current diverse
investments in the United States, focusing primarily on organic agriculture,
acquisitions, and CBD-based nutraceuticals. Once these strategic acquisitions
are procured and integrated into the long term objectives of the company, Full
Alliance Group will provide investment capital, modern business practices and
best-in-class management to cultivate and mature these companies to their
greatest potential
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