Exceptinal growth in revenue! Two Real Estate properties bring in $1,100,000 yearly. 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.