Balance sheet strengthen with high-quality assets and revenue streams!
"Over the year, the Company focused on strengthening the Balance Sheet with high-quality assets and revenue streams in niche markets:
Our expanding US and European real estate portfolio now includes:
An apartment complex in Germany with 60+ units, where revenues should begin earlier than expected;
UBS storage in Switzerland, with rentals exceeding $300,000 and growing due to high demand;
US real estate valued at $20,000,000, which is generating in excess of $800,000 in rental income;
Domestic and European mortgage receivable portfolio valued at approximately $8,000,000 and high interest rate varying from 8 to 12 percent.
Our technology division, including our Artificial Intelligence (“AI”) and technology units, are generating annualized revenues in excess of $1,000,000, and growing strongly.
We now own media, entertainment and digital communities valued at more than $20,000,000.
In the next few months, further binding agreements on acquisitions will close, including Vita 5 star retirement community and QL Hotels Group, totaling approximately $40,000,000 in additional value. We also have a pipeline of new projects which will be added in the coming months: management anticipates continued high growth through our aggressive acquisitions policy, not only with quality real estate assets, both domestic and international, but also quality companies in Media, Fintech, Artificial Intelligence and Robotics."
