Friday, June 08, 2012 5:56:11 AM
$2M + cash (including $1.6M from after having sold one of their subsidiaries)
$1.4M when subsidiary sells property
$??? - When Texas Bank sells the 287 acre property
Waiting to collect another $2M from Rubicon
53% of Brenham Oil - waiting to win two multi-million lawsuits
Northeastern Plastics with over $12M/year in revenues - just launched a website for "smaller" customers and owns land - ready for a turnaround
American International Texas Properties, Inc. (AITP), a wholly-owned real estate subsidiary, owns a portfolio of strategically located parcels of land and farmland in Houston, Texas and its surrounding areas in Texas. Source of the most savvy and reputable investors in the world have highly recommended investments and ownership in land and farmland.
The portfolio includes:
1) 11 units - The Dawn Condominiums in Galveston County, Texas, $2,158,000;
2) 174 acres in Waller County, Texas, $4,500,000**;
3) 65 acres in Galveston County, Texas, $2,000,000*;
4) 17 acres on Interstate 59 in Houston, Texas, $2,000,000** ***;
5) 34 acres on Airport Boulevard in Houston, Texas, (sale pending), $1,500,000**;
6) 1.7 acres in Galveston County, Texas, $500,000**; and
7) 2 lots in Galveston County, Texas, $200,000**.
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