Buy and Hold for a few months! Here's why!
MANAGEMENT STATEMENT
Although our current market cap is sub-$5 million we are building a firm that is targeting $100 million in assets in short order, and we are on track to reach our $250 million objective. We are very pleased with the diverse mix of quality companies in our group that are primed to generate consistent revenue streams and build on these streams. In essence, Exxe Group represents a mini-economy with the objective of maximizing shareholder value. To that end, we hired a highly regarded research firm to evaluate our assets and assess a proper valuation—a move we believe will enhance investor confidence, value and interest.
In addition, to better manage our current assets, and ensure maximum efficiency and monetization of the plethora of LOIs pending, we have organized into the following units:
Real Estate/Mortgages
Sustainable Technology
Media and Communities
Diversified Businesses
Financial Services/Distribution
Over the coming quarters, we plan to audit our companies in concert with restructuring the Company’s debt in a favorable manner, whereby we will replace costlier debt financing with less expensive, favorable financing. Importantly, we will continue to acquire and consolidate controlling ownership of assets and minimize the expense impact on our P&L while providing a very positive impact on our balance sheet. These events will be reflected in our financial statements. With more than a dozen LOIs in the pipeline, we anticipate representing and leading sustainable companies worth as much as $250 million by the end of our fiscal year. A meaningful increase in assets and revenue generation is expected to occur beginning in 2020, as we rapidly integrate the varying units.
