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Tiderock Companies, Inc. (OTC Pink: TDRK) is a diversified investment and advisory services company headquartered in Boston, MA. The company specializes in real estate, land development, infrastructure, and private equity, leveraging over 20 years of industry experience. Its core operations are structured under two primary divisions: manufacturing and real estate.
On the real estate front, Tiderock focuses on high-value
Tiderock Companies (OTC PINK:TDRK) has announced that its recently acquired UK subsidiary GRP Alliance has been renamed to Tiderock Composites . In its first 30 days of operation, the company has secured over £200,000 in purchase orders and established commitments exceeding £1,000,000 for the 2025 fiscal year.
The company, which specializes in Phenolic, Epoxy, and Polyester Glass Fiber and Carbon Fiber reinforced plastic moldings, is planning to expand its workforce in Q1, with a focus on rehiring previously furloughed employees. Tiderock Composites serves various sectors including aerospace, automotive, marine, rail, and construction.
Tiderock Companies (OTC PINK:TDRK) has completed the acquisition of GRP Alliance , a UK company formed to acquire MTAG Composites 's assets. GRP Alliance, to be renamed Tiderock Composites, brings over two decades of experience in ISO 9001 accredited composite products. The acquisition terms include 1,300,000 Series C Convertible Preferred Shares and a $200,000 initial payment. The company will maintain operations at its Coningsby, Lincolnshire facility, serving aerospace, marine, rail, and entertainment markets. Customer orders are already being placed for 2025.
Tiderock Companies (OTC PINK:TDRK) has acquired MTAG Global Inc., forming a major international materials company. MTAG Global, a robust player in the European market, operates in sectors such as rail, aerospace, marine, automotive, construction, and defense, with annual revenues over $25 million. Despite postponing the acquisition of MTAG Composites, Tiderock secured MTAG Global's exclusive distribution rights with a $250,000 fee. For fiscal 2024, MTAG forecasts $12.5 million in gross revenue. Tiderock issued 800,000 Series C Preferred Shares and MTAG Global will appoint a board member. Tiderock's operations now include manufacturing, led by MTAG, and real estate through Sora Ventures, which is developing residential projects in the Southeast US.
BALTIMORE, MD / ACCESSWIRE / February 28, 2023 / Tiderock Companies, Inc. (OTC PINK:TDRK) is exploring opportunities in the Solar and Green Energy sectors to leverage its real estate development expertise. The company aims to create value for shareholders by identifying potential partnerships and projects. Amid rising inflation and energy costs, Tiderock plans to utilize the Inflation Reduction Act of 2022, which offers homeowners up to 30% tax credits for solar investments. Additionally, Tiderock will continue evaluating real estate projects that meet its capitalization rate criteria, encompassing multi-family, single-family, and commercial investments.
Tiderock Companies (OTC:TDRK) has engaged M&K CPAS PLLC as its audit firm, marking a significant step towards becoming a fully reporting company with the Securities and Exchange Commission. The two-year audit will cover financial periods ending December 31, 2021, and 2022. CEO Thomas Fore emphasized that this move is crucial to capitalize on emerging opportunities in the changing economic landscape. Tiderock focuses on high-value real estate projects and advisory services through its subsidiaries. The company aims to provide timely updates to shareholders regarding material developments.
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