$IGEX The first 8-K was filed on February 2, 2022, to report the acquisition of a a 50,000 sqm (or 538,196 SQ FT) lot located in Jumilla, Spain for a total of 300,000.00 plus approximately an 11% RE tax assessment. The property is worth approximately 980,000 as reported independently by Arquitasa (Sociedad de Tasacin), which has been homologated by Banco de Espaa. The transaction was financed by the Seller, in a 7-year term loan at 2% per annum, guaranteed by one of Igex Preferred Shareholder. The Source of repayment will from revenues generated.
