GEMZ Corporation Enters $56 Billion Global Container Home Market With BadgerBloX Homes Inc. Acquisition

Rhea-AI Summary

GEMZ Corporation (OTC:GMZP) has fully acquired BadgerBloX Homes Inc., entering the booming $56 billion global container home market. This market is projected to grow to $87 billion by 2029, with a 5.7% CAGR. BadgerBloX specializes in converting shipping containers into customizable homes, addressing the need for affordable housing solutions. The acquisition aligns with the increasing popularity of sustainable living options and potential partnerships with government agencies for disaster relief housing. CEO Stephen Carnes expressed optimism about the significant value this acquisition will bring to GMZP and its stakeholders, marking the start of a broader growth initiative for the company.

Positive

• Acquisition of BadgerBloX enhances GMZP's position in a rapidly growing container home market valued at $56 billion.
• Projected market growth to $87 billion by 2029 indicates strong future demand and revenue potential.
• BadgerBloX's focus on customization and sustainability aligns with current housing trends, appealing to a wide consumer base.

Negative

• None.

WINTER PARK, FL / ACCESSWIRE / April 14, 2023 / GEMZ Corporation (OTC:GMZP) announced that the Company has fully acquired Wisconsin-based BadgerBloX Homes Inc. ("BadgerBloX") as the Company enters the fast-growing $56 Billion global container home market. The overall market size is expected to grow to $87 billion by 2029 as the market is expected to experience a Compound Annual Growth Rate (CAGR) of 5.7 percent.

BadgerBloX is the solutions-based answer to the shortage of affordable housing and workspaces through the conversion of shipping containers into high-quality living and workspaces. Located just outside of Green Bay, WI, BadgerBloX offers custom-designed spaces built around each client's vision through the repurposing of supremely durable shipping containers into truly livable space. BadgerBloX custom living solutions offer an entire range of sizes to cater to every need starting on the small end with a simple 20' x 8' container project all the way through multiple linked 40' x 8' containers for maximum square footage.

Stephen Carnes, CEO of GMZP stated, "The management at BadgerBloX understands that everyone has different needs and desires when it comes to their living or workspace and that is what really impressed me with the company. The management at BadgerBloX approaches each project with a blank slate and works closely with customers to ensure their vision becomes a reality."

"Shipping container conversions have become increasingly popular in recent years, as people seek sustainable, cost-effective alternatives to traditional housing and workspace options. Container homes are a fast-growing and recession-proof. I'm delighted to begin adding significant value to GMZP and its valued stakeholders through this key acquisition," Carnes further stated.

By converting shipping containers into customizable homes and workspaces, BadgerBloX offers a sustainable and affordable option for those seeking to live or work in unconventional spaces. Shipping container conversions offer a unique combination of affordability, sustainability, and versatility on top of being eco-friendly. BadgerBloX also believes there is a bright future for container homes through the partnership with governmental agencies in an effort to provide temporary-but-safe living space to displaced peoples in areas hit with unexpected disasters and other unforeseen events.

Carnes additionally stated, "There is a lot more to unfold and share beyond today's press release for both GEMZ and BadgerBloX. This is just the beginning and tip of the iceberg of where things are going. This is more than just making shipping container conversions; this is much, much bigger in scope and size. With today's announcement, we've just cracked the book open on Chapter One of the Company's future growth intiatives."

About GEMZ Corporation and BadgerBloX Homes Inc.

GEMZ Corporation is a publicly traded company which trades under the symbol GMZP. BadgerBloX Homes Inc. is a designer and manufacturing converter of container based living and workspaces. BadgerBloX specializes in affordable, high quality conversion of containers for use as homes, offices, and other imaginative ready to use spaces.

Visit http://www.badgerblox.com for more information.

Follow us on Twitter at: @GEMZCorporation

Safe Harbor: This Press Release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to several uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the Company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the Company with the Securities and Exchange Commission and OTC Markets, Inc. OTC Disclosure and News Service. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Stephen Carnes
407-674-9444

SOURCE: GEMZ Corp.

View source version on accesswire.com:
https://www.accesswire.com/749300/GEMZ-Corporation-Enters-56-Billion-Global-Container-Home-Market-With-BadgerBloX-Homes-Inc-Acquisition

FAQ

What is the significance of GEMZ Corporation's acquisition of BadgerBloX Homes Inc. on April 14, 2023?

The acquisition allows GEMZ Corporation to enter the $56 billion global container home market, which is expected to grow significantly in the coming years.

How does the container home market relate to GEMZ Corporation's business strategy?

The container home market offers sustainable and affordable housing solutions, aligning with GEMZ's goal to expand and innovate in housing alternatives.

What are the expected benefits of GEMZ Corporation's acquisition of BadgerBloX for shareholders?

The acquisition is anticipated to create significant value for shareholders by tapping into a high-growth market with increasing consumer demand.

What is the projected growth rate of the container home market after GEMZ Corporation's acquisition?

The container home market is projected to grow at a CAGR of 5.7%, reaching $87 billion by 2029.