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Pennyes

05/11/20 1:45 PM

#56493 RE: ScottAllen #56492

Oscar is no longer the CEO, he was kicked out months ago!....this company is an affiliate of IQST!....so if IQST goes up, it will take metrospaces with it and benefit!...

the guy who runs iqst is also the President and Executive Officer of Metrospaces..!!

Besides IQST, here are the other subsidiaries Metrospaces is doing business with and owns shares!
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SUBSIDIARIES OF THE REGISTRANT

State or Other Jurisdiction of Incorporation or
Name of Subsidiary Percentage of Ownership Organization
Urban Spaces, Inc. 100% Nevada
Urban Properties, LLC 99% Florida
Bodega IKAL, S.A., 100% Argentina
Bodega Silva Valent S.A. 100% Argentina
Inversora Caribe Mar, C.A. 60% Venezuela


We have investments in the following condominium projects:

Argentina

The Chacabuco Project


Venezuela

The Los Naranjos 320 Project


Las Naranjos 450 Project


Hotel Projects

Tulasi Mandir Spa and Hotel


Hotel Santo Cristo de Pariaguan


IKAL










The Company is the parent of Urban Spaces and of Bodega IKAL, S.A. and, Bodega Silva Valent S.A., both of which are Argentinian companies, collectively referred to as “IKAL,” which are in the business of operating a winery and are planning to develop a hotel and time share villas. For further information, see “Business – IKAL.”

We own 60% of the capital stock of Inversora Caribe Mar, C.A. and, a Venezuelan corporation, which is planning to build a hotel in city of Pariaguan, Venezuela (see “Business – Hotel Projects – Hotel Santo Cristo de Pariaguan”) and have agreed to acquire 33% of the capital stock of Promotora Turistica Hecos, C.A., which is planning to build a hotel on Coche Island, Venezuela (see “Business – Hotel Projects – Tulasi Mandir Spa and Hotel”). We also own a 26% interest in GBS Real Estate Fund I, LLC, which is constructing a condominium building in Venezuela (see “Business – Urban Spaces – Venezuela – The Los Naranjos 320 Project”).
https://seekingalpha.com/filing/3469805