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RE-TRANSMISSION: iPure Labs, Inc. New Subsidiary, TideRock Development, Announces First Engagement Agreement

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iPure Labs, Inc. (OTC PINK:IPLB) has launched a new subsidiary, TideRock Development, focusing on Real Estate Advisory Services. CEO Thomas Fore emphasized the growing demand for professional services in real estate, highlighted by partnerships with organizations like RealTex Development. TideRock aims to support various entities, including universities and municipalities, in managing surplus land effectively. This initiative is expected to create revenue streams for iPure Labs and enhance its operational capabilities.

Positive
  • Launch of TideRock Development subsidiary focused on Real Estate Advisory Services.
  • Partnership established with RealTex Development, enhancing service offerings.
  • Aim to generate new revenue streams through advisory services.
Negative
  • None.

BALTIMORE, MD / ACCESSWIRE / May 20, 2021 / iPure Labs, Inc. (OTC PINK:IPLB) announced today the launch of a new subsidiary focused on Real Estate Advisory Services.

CEO Thomas Fore stated, "As we stated in our first press release, Sora Ventures is and will be focused on 'develop to own' projects. The ongoing potential is enormous as development projects across the US have grown exponentially over the past few years. The ongoing activities related to Sora Ventures has resulted in the need for another subsidiary to meet the growing demand for out-sourced professional services."

Mr. Fore went on to say, "TideRock Development was formed to provide Real Estate Advisory Services for select investors, developers, asset managers, municipalities, churches and other institutions. TideRock Development, for example, intends to respond to its many requests to support universities and church organizations in their pursuit of a trusted advisor to help ensure sustainable cash flow through the development of their surplus land."

In conjunction with this announcement, TideRock has been engaged by RealTex Development of Austin, Texas. RealTex is a leading affordable housing developer with more than 20 years of experience in low-income tax credit affordable housing in the Southeastern United States. We will share more about our new business relationship with RealTex and other business developments soon.

Mr. Fore finished up with, "Relationships are the foundation of opportunity. Our services division will allow us to support property owners with expert development advisory services and will also create real development opportunities for Sora Ventures. That's where TideRock Development can make a difference and in the process create revenue streams that will be beneficial to iPure Lab's overall operation. Thank you to each of you for your ongoing support."

About iPure Labs, Inc.
iPure Labs is a diversified real estate company that operates through its two subsidiaries; Sora Ventures, LLC and TideRock Development, LLC. Sora Ventures focuses on multi-million dollar "develop to own" projects. TideRock Development provides Real Estate Advisory Services. iPure Labs, Inc. (OTC PINK:IPLB) is headquartered in Baltimore, MD., and can be contacted at www.ipurelabs.com or by phone at (800) 791-8433.

Notice Regarding Forward-Looking Statements
Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Actual results could differ from those projected in any forward-looking statements due to numerous factors. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate.

For more information, contact:
iPure Labs, Inc.
Thomas B. Fore, CEO
Email: info@ipurelabs.com
Phone: (800) 791-8433

SOURCE: iPure Labs, Inc.



View source version on accesswire.com:
https://www.accesswire.com/648251/RE-TRANSMISSION-iPure-Labs-Inc-New-Subsidiary-TideRock-Development-Announces-First-Engagement-Agreement

FAQ

What is the new subsidiary launched by iPure Labs, Inc. in May 2021?

The new subsidiary is TideRock Development, focused on Real Estate Advisory Services.

What services does TideRock Development provide?

TideRock Development provides Real Estate Advisory Services to investors, developers, and municipalities.

How does TideRock Development plan to support universities and churches?

TideRock intends to help universities and churches manage surplus land to ensure sustainable cash flow.

What is the significance of the partnership with RealTex Development?

The partnership with RealTex Development aims to enhance TideRock's service capabilities in affordable housing.

What is the overall goal of iPure Labs with the launch of TideRock Development?

The goal is to create revenue streams and support property owners through expert development advisory services.

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