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Are you still around?

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samsamsamiam Member Level  Thursday, 12/06/18 07:42:43 AM
Re: mike1991 post# 299
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Are you still around?
Wanted you to take a look at Transatlantic Real Estate that is using the same logo as Transatlantic Capital. Are they related?


They appear to be doing the same business that is described in the SEC filing for TACI.

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.

Business Objective:

We are currently a shell entity. We have no business operations or assets.
We have relied on loans from our officers and shareholders to finance our operations. We will need a significant infusion of capital, whether in the form of debt or equity financing to implement our business plan. We have no commitment for additional funding. Without this capital infusion, it is highly unlikely that we will be able to implement our business plan.
Management is currently exploring opportunities in various aspects of the cannabis industry. We may acquire industrial real estate assets and lease these properties or enter into other types of leasing ventures. With cannabis now legal in California for both medical and recreational use, the Company is focusing its attention on acquiring land or commercial real estate that can be used to cultivate cannabis. We do not expect to be directly involved in the cannabis industry. Rather, we believe acquiring the property and then leasing it back to the seller or other third party will optimize our return on investment. There can be no assurance that management will be successful in entering the cannabis industry. The cannabis industry is highly regulated and there can be no assurance that we will be able to identify an investment opportunity or secure sufficient financing to implement this strategy.

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