News showing up all over the place today!!
LOS ANGELES, Nov. 30, 2017 (GLOBE NEWSWIRE) -- Full Alliance Group, Inc. (OTC: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
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